ComEd’s Hourly Pricing Program
ComEd’s Hourly Pricing program is a dynamic pricing program for residential customers in ComEd territory that allows participants to pay the hourly, wholesale market price for electricity.
Since the program began, Hourly Pricing participants have experienced a savings of more than 15 percent off the electricity supply portion of their electricity bill, in contrast to what they would have paid with ComEd’s fixed-price rate. Individual bills will vary month-to-month, based on weather, market conditions, and participants’ usage habits. Generally, the more participants avoid using electricity when prices are high, the more they potentially could save with Hourly Pricing.
Participants in ComEd’s Hourly Pricing program receive customer support and services to help participants manage costs. These services include real-time day-of and day-ahead Hourly Pricing alerts, an online bill comparison tool, and information to help guide participants’ energy decisions. Hourly Pricing alerts are sent when electricity prices are trending high or when electricity is expected to be in high demand the following day. Participants can receive Hourly Pricing alerts by email, phone, or text message.
ComEd customers should visit ComEd’s Hourly Pricing program website or call 1-888-202-7787 to enroll or learn more.