PECO filed a plan today with the Pennsylvania Public Utility Commission
(PUC) outlining new innovative energy efficiency programs to help
customers save even more energy and money. The programs are part of PECO
Smart Ideas, the company’s award-winning suite of energy efficiency and
demand response programs for residential and business customers.
Following PUC review and approval, the programs would be available
beginning June, 2016.
In addition to the existing PECO Smart Ideas programs that include
rebates for high-efficiency appliances, discounts on energy-efficient
lighting and more, PECO’s new programs include enhanced online tools to
provide customers more ways to track how they use energy. The plan also
includes a new program that would provide a bill credit to customers
using advanced in-home devices, including responsive thermostats, to
manage their air conditioning during times of high energy use.
“We are transforming the future of energy for our customers, and these
innovative programs are part of that effort,” said Liz Murphy, PECO vice
president of Governmental and External Affairs. “Our highly successful
programs coupled with these new technology-driven programs will be the
perfect combination to drive energy efficiency for our customers.”
Since launching in 2009, more than 600,000 customers have participated
in PECO Smart Ideas, reducing energy use by more than 2 million megawatt
hours (MWh) and saving more than $477 million through energy efficiency
rebates, incentives and energy savings on their monthly bill.
These savings make PECO Smart Ideas the largest utility-run energy
efficiency and demand response suite of programs in Pennsylvania and are
part of Pennsylvania Act 129. The third phase of Act 129 is designed to
reduce overall customer energy use by 5 percent – or 1,962,659 MWh by
May 31, 2021, and will help reduce customer demand for energy by 161 MW
during high-use periods. The company’s filing is expected to be reviewed
by the PUC by March 2016. To view PECO’s filing visit peco.com. To
learn more about ways to save energy and money visit peco.com/smartideas
or call 1-888-5-PECO-SAVE.
Based in Philadelphia, PECO is an electric and natural gas utility
subsidiary of Exelon Corporation (NYSE: EXC). The company’s 2,400
dedicated employees provide advanced, innovative energy solutions to 1.6
million electric and more than 506,000 natural gas customers in
southeastern Pennsylvania. In 2014 PECO delivered 89.9 billion cubic
feet of natural gas and 37.5 billion kilowatt-hours of electricity and
had an estimated economic impact of $4.5 billion in Pennsylvania,
supporting more than 9,600 local jobs and producing $760 million in
labor income. Founded in 1881, PECO is one of the Greater
Philadelphia Region's most active corporate citizens, providing
leadership, volunteer and financial support to numerous arts and
culture, education, environmental, economic development and community
programs and organizations. For more information visit PECO.com,
and connect with the company on Facebook
If you are a member of the media and would like to receive PECO news
releases via e-mail please send your e-mail address to PECO.Communication@exeloncorp.com.
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