Saving money and earning a bill credit during the summer can be easy for customers who have smart meters and are enrolled in ComEd’s Peak Time Savings program.

Peak Time Savings is an industry-leading program that essentially pays customers for using less energy on hot days when energy use is high.

Through the program, ComEd customers can earn a credit that will be applied to their bill when they voluntarily reduce their electricity usage during peak time savings hours, which typically occur for a few hours between 11 a.m. and 7 p.m. during the hottest days of the summer.

ComEd notifies participants on the day when peak time savings Hours will occur, as early as 9 a.m. or at least 30 minutes prior to the start. Notifications arrive via phone call, text message or email, or any combination of the three.

Customers who reduce electricity during Peak Time Savings Hours, compared to what they typically would have consumed, earn $1 for every kilowatt hour of energy saved. Since the program launch in the fall of 2014, participants have received more than $1.2 million in bill credits – credits that appeared as actual dollars off their total amounts due.

For more information, visit www.comed/waystosave.