For Immediate Release
Customers earned $4.6 million during first event of the summer
BALTIMORE (July 14, 2017) – Baltimore Gas and Electric Company's (BGE) customers earned $4.6 million by reducing energy usage between the hours of 1 p.m. and 7 p.m. yesterday, the first Energy Savings Day of the summer season. Since Energy Savings Days began in 2013, BGE customers have earned nearly $40 million through 2016 by reducing energy usage during periods of peak demand on hot summer days.
Typically, at least 70 percent of eligible customers participate by using less energy during Energy Savings Days. There are two ways to save on energy usage and earn bill credits. All customers with smart meters are eligible to participate in Energy Savings Days with no enrollment required. Simply use less electricity (by reducing air conditioning use if health permits, delaying using large appliance, and turning off lights) between 1 p.m. and 7 p.m. on an Energy Savings Day and earn $1.25 for every kilowatt-hour saved compared to typical usage. Or, customers who voluntarily enroll in PeakRewardsSM can receive bill credits when their air conditioning is automatically cycled up to 50 percent between 1 p.m. and 7 p.m. on Energy Savings Days.
Customers who have opted to receive bill credit alerts via emails or text messages should receive those notifications today. Customers can also check bill credits by logging onto their accounts at www.bge.com.
BGE, founded in 1816 as the nation's first gas utility, is Maryland's largest natural gas and electric utility. Headquartered in Baltimore, BGE delivers power to more than 1.25 million electric customers and more than 650,000 natural gas customers in central Maryland. The company's approximately 3,200 employees are committed to the safe and reliable delivery of natural gas and electricity, as well as enhanced energy management, conservation, environmental stewardship and community assistance. The company also has an estimated annual economic impact of $5 billion of output in its service area, supporting more than 9,500 local jobs and producing $923 million in labor income. BGE is a subsidiary of Exelon Corporation (NYSE: EXC), the nation's leading competitive energy provider. Like us on Facebook and follow us on Twitter, YouTube and Flickr.