Thursday, January 28, 2016

Energy-Efficient PECO Customers Saved $500 Million With PECO Smart Energy Ideas

PECO customers have saved more than half a billion dollars in energy, incentives and rebates with PECO Smart Ideas. Based on total energy savings, PECO Smart Ideas is the most successful suite of utility run energy efficiency programs in Pennsylvania.
Since 2009, PECO’s residential and business customers have saved nearly 2.2 million megawatt- hours of electricity by installing energy-efficient lighting, recycling and replacing older inefficient appliances with new Energy Star models, performing energy assessments to identify long-term savings opportunities and more.
“Now in their seventh year, we are thrilled these innovative programs continue to meet the needs of our customers,” said Craig Adams, PECO president and CEO. “We look forward to offering even more programs as we continue to provide our customers with safe, reliable, affordable and clean energy and energy services.”
PECO Smart Ideas is a suite of 15 different programs that help residential, business, government, nonprofit and institutional customers save energy and money. In total, PECO customers have received more than 451,000 rebates for energy-efficient actions.
Since the programs launched in 2009, customers have received $103 million in rebates, $103 million in incentives for energy- efficient products and saved more than $298 million by using less energy overall. Included in these energy efficient actions, customers have:
— Purchased more than 13 million discounted LED and CFL bulbs through PECO Smart Lighting Discounts.
— Received more than 9,300 in-home audits and assessments with PECO Smart House Call.
— Recycled more than 58,600 old and outdated appliances with PECO Smart Appliance Recycling.
— Received more than 8,050 rebates for equipment enhancements and energy-efficient construction measures through PECO Smart Ideas for Your Business.
PECO Smart Ideas has received 10 industry awards, including three Energy Star Partner of the Year Awards since 2009.
PECO Smart Ideas is part of the company’s support of Pennsylvania’s energy efficiency and demand response targets – known as Act 129 of 2008. Act 129 required all Pennsylvania electric utilities to develop programs to help customers reduce energy use by 1 percent by May 31, 2011 and 3 percent by May 31, 2013.
Act 129 also requires PECO to reduce their energy usage by an additional 2.9 percent by May 31, 2016, and by an additional 5 percent by 2021. PECO is currently working to develop new programs and initiatives to help achieve this goal.
For more information, visit PECO’s Smart Energy Ideas webpage.

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