ComEd’s Hourly Pricing program allows participants to pay the hourly, wholesale market price for electricity. By conserving electricity usage when prices are high through simple behavior changes, customers can increase their savings. Elevate Energy administers the program and provides customer services to approximately 11,000 participants to help them manage costs, including high price alerts by email, phone or text, an online…Continue
Added by Amber Vignieri on September 30, 2016 at 11:00am — No Comments
Rate design is the method by which an energy utility calculates charges for the energy you use and for the infrastructure used to deliver that energy to your home. This post explains how these charges are calculated.
How Are Energy Rates…Continue
Added by Amber Vignieri on June 3, 2016 at 8:53am — No Comments
“Over $25 million have been saved in the state of Illinois since these programs started in 2007, and that’s real money, and that’s off of 1/3 of 1% of all customers, so there’s a huge opportunity to bring millions and millions of dollars to the smart grid investment,” said David Becker, Director of Dynamic Pricing, during his presentation on the Center for Strategic and International…Continue
Added by Amber Vignieri on May 6, 2016 at 9:04am — No Comments
When I think about real time power usage data, I am thinking about data that is being made available that very second. Data that is being reported in real time is like watching a football game live. You know that the running back just added 10 yards on to his total because you just saw the run on the T.V. That's real time.
It is being reported that the Green Button program being offered by many power companies allows customers with a Smart Meter to see their power usage in real time,…Continue