ComEd Customers Can Sign up for Summer Savings
13 May 2015 - 3:00AM
Business Wire
ComEd partners with Nest and XFINITY Home to
offer customers up to $40 in incentives for participating in smart
thermostat energy saving programs
With summer just around the corner, ComEd is partnering with
Nest® Labs and XFINITY to offer incentives of up to $40 to the
first 10,000 ComEd customers who enroll in Nest’s Rush Hour
Rewards™ or XFINITY Home’s Summer Energy Management program. These
smart thermostat programs, also called the demand-response plan,
allow ComEd to reduce electricity demand on the hottest days of the
summer through remote adjustment of thermostat settings. The
customer is always in control, and can change the temperature
anytime by simply adjusting the setting.
According to ComEd, a central air conditioning system can be one
of the largest users of energy in a home. Using smart thermostats
to reduce air conditioner use during peak demand periods can help
to decrease energy bills and demand placed on the electricity
delivery system during the hottest times of the day.
“We are excited to partner with Nest and XFINITY Home to offer
our customers another innovative solution to help them save energy
and money,” said Val Jensen, senior vice president of Customer
Operations, ComEd.
“The demand response solution is part of our award winning Smart
Ideas Energy Efficiency program, a suite of energy efficiency plans
and initiatives available to ComEd customers that help them manage
their energy use and provide tangible costs savings on electric
bills.”
How does it work?
For a limited time only, ComEd residential customers who
currently have or install a new Nest Learning Thermostat™ and
enroll in Nest’s Rush Hour Rewards, or have an XFINITY Home
Thermostat and enroll in the XFINITY Home Summer Energy Management
program, are eligible to earn up to $40 in incentives from ComEd.
In addition, XFINITY Home customers who enroll in the program can
qualify for a free XFINITY Home thermostat with professional
installation if they do not already have one.
With Nest’s Rush Hour Rewards, temperatures are automatically
adjusted around rush hours, or peak energy times. Depending on what
Nest has learned from the customer’s temperature preferences and
home, it will raise the temperature a few degrees during the
afternoon and/or pre-cool a home before the rush hour begins. Nest
will keep the temperature set and return to a customer’s regular
schedule after the rush hour. Customers will also have access to
Seasonal Savings™, in which Nest will fine-tune their schedule over
a few weeks if it finds opportunities to help customers save even
more energy while keeping them comfortable.
With XFINITY Home’s Summer Energy Management program, small
adjustments will be made to the customer’s XFINITY home thermostat
during select peak energy demand periods in the afternoon. The
thermostat will return to the customer’s last set or scheduled
temperature after the adjustment period has concluded. Customers
can also take advantage of the EcoSaver energy management feature
of XFINITY Home, which helps reduce air conditioning and heating
costs automatically.
“Nest’s Rush Hour Rewards reduces air conditioning use by half
during peak periods - all without sacrificing customer comfort,”
said Ben Bixby, general manager of energy products, Nest. “We’re
excited to work with ComEd to bring the program to customers this
summer in combination with the $40 incentive they can receive by
enrolling.”
“We’re excited to work with ComEd on their demand response
initiative,” said Dan Herscovici, SVP and GM of Xfinity Home for
Comcast Cable. “Helping customers save energy and lower the cost of
their air conditioning and heating bills is one of our goals and
this is a nice complement to ComEd’s Smart Ideas Energy Efficiency
Program.”
Enrollment is open until May 31, 2015, or to the first 10,000
enrollments. For more information about this program, including how
to enroll, full eligibility requirements, and a list of retail
partners to purchase the thermostats from, please visit
ComEd.com/thermostat.
Furthermore, in an effort to provide customers with programs and
tools that help them personalize their electric service to fit
their lifestyle ComEd is advocating for legislation in Springfield
to even more fully leverage the capabilities of the smart grid.
This legislation – ComEd’s Future Energy Plan, Senate Bill 1879 –
would expand access to renewable energy, increase energy
efficiency, enhance resiliency and security of the system and meet
the growing demand among energy consumers for more choice and
personalized services.
For more information on ComEd’s Smart Ideas Energy Efficiency
Program, please visit ComEd.com/HomeSavings. Customers can also
follow ComEd on Facebook and Twitter for additional updates and
ways to save.
The programs with Nest and XFINITY Home are part of ComEd’s
Smart Grid Exchange, a collaboration between ComEd, entrepreneurs,
technology start-ups, universities and customers to explore and
design new products, offers and innovative solutions that utilize
the intelligence of the smart grid.
Commonwealth Edison Company (ComEd) is a unit of Chicago-based
Exelon Corporation (NYSE: EXC), the nation’s leading competitive
energy provider, with approximately 7.8 million customers. ComEd
provides service to approximately 3.8 million customers across
northern Illinois, or 70 percent of the state’s population. For
more information visit ComEd.com, and
connect with the company on Facebook, Twitter and YouTube.
ComEd Media Relations(312) 394-3500www.comed.com/news
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