HB 14 Gives Customers Tools to Save Money
Tuesday, Apr 26, 2011 - Posted by Advertising Department
[The following is a paid advertisement.]
Grid Modernization will give customers new tools and options that can make a real difference in their monthly energy bills.
This is not guesswork or hyperbole. ComEd has been running field tests on customer benefits where real-time pricing and smart meters are available. Here’s what we found:
• Customers who participated in ComEd’s real-time pricing pilot program saved 10% in 2010 and 15% in 2009. Since the program began, 90% of customers have saved money.
• The savings extend across all demographic groups. Nine in 10 program participants aged 65 and over saved an average of nine percent off their electric bill.
• 70 percent of the 6,000 customers enrolled in dynamic pricing as part of the smart meter pilot have saved money.
• The lowest income group has the highest percentage of customers saving money. In the group earning less than $20,000, 78% of customers saved money under the pilot program, compared to 69% of customers in the highest income group.
It’s just another reason why grid modernization is an important part of Illinois’ future.
To learn more, visit www.SmartEnergyIL.com