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With 3 x 250mh running it has really increased the electrical bill each month so I’ve done some research on my current utility provider here in Illinois which is ComEd. ComEd charges a flat rate for electrically usage no matter what time of day you’re using it.

My research has found my local utility company offers hourly rates which ComEd calls “Real-Time Pricing” or RRTP. When a customer is using the RRTP method, ComEd will charge less money during the evening versus during noon when energy demand is at its greatest.

I currently signed up and scheduled to get my meter switched over to a smart meter. Hopefully it will be switched over in the next few weeks.

For further information you can go here (the document link at the bottom of the page is helpful): https://www.comed.com/sites/homesavings/Pages/HSrealtimepricing.aspx

Hope this helps. Is anyone currently on this plan?

 Hoping this week in get my SmartMeter, then hoipefully I can start saving $$$$$ 

 Still no word from ComEd.

ComEd just switched my meter out this afternoon for a smart meter. It's now waiting time again for the Billing cycle to kick in and then I'll be on the hourly rate. Pretty painless on the switch over, ComEd did the switch over without having loss any power to the house (clocks around the house where fine and not blinking).

I have already switched my lighting cycle to the evening hours. Great ideal about the dehumidifier, didn't think of that. I'll also put my RO/DI booster pump on a timer so it's only running in the evening hours. Reviewing the ComEd site for the hourly rate, I see from 7am to 9pm are peak hours for today and 3am this morning was running at .6 per kWh. Nice.

  New meter, what does it look like?

Great info !

 I got a KillAWatt meter and that was very helpful finding the power hogs

Keep us posted on the before $$$ and after $$$

 any results yet?

 bump

Sorry, have not received a bill yet from ComEd

I'll post it once I get it. 

jb123:

 

Got my bill from ComEd but.......

it was still on the old billing method. Hoping next months bill is switched over to the hourly rate. 

ragvette:

jb123:

 

 

Got my bill from ComEd but.......

 

it was still on the old billing method. Hoping next months bill is switched over to the hourly rate. 

 

cant wait for the final numbers 

Well I got the new bill from ComEd after switching over to the hourly rate and .....


I saved $67.95 switching over to the hourly rate which is basically a 33% saving. Very happy with the switch over. Standard ComEd rate is $223.47 and with the new hourly rate it's now $155.52 with a savings of $67.95.

I have notice that the $ per kWh rates are extremely low at night which is when the tanks on running with full lights. The concern that I have is I need to monitor the usage during the daytime summer months when the $ per kWh is greatly increased during peak usage hours.

ragvette:

Well I got the new bill from ComEd after switching over to the hourly rate and .....


I saved $67.95 switching over to the hourly rate which is basically a 33% saving. Very happy with the switch over. Standard ComEd rate is $223.47 and with the new hourly rate it's now $155.52 with a savings of $67.95.

I have notice that the $ per kWh rates are extremely low at night which is when the tanks on running with full lights. The concern that I have is I need to monitor the usage during the daytime summer months when the $ per kWh is greatly increased during peak usage hours.

Thats a great amount of savings. Did you do amy other changes?