Below is a graphic that can be used to explain ComEd Hourly Pricing. The Citizens Utility Board (CUB) created the graphic and gave the Caucus permission for our member municipalities and the Caucus to use this, as long as CUB is credited when using the image.
CUB’s caption for the graphic is shown below.
1) Fixed price: Most ComEd customers pay a fixed electricity supply rate that changes only twice a year. But ComEd’s Hourly Pricing Program charges customers the actual market-based price, which can change hourly. 2) Typical hourly price: Typically, the average hourly market price over the year is lower than the standard utility fixed rate. 3) Hot summer weekday hourly price: While the market price can shoot high above the traditional fixed rate when demand is high, such as hot, summer, weekday afternoons, it often stays below the fixed price, such as in winter.
Please click on the text or the image thumbnail to open a larger image that can be saved.
ComEd Hourly Pricing Graphic – Courtesy of CUB
Return to the Caucus’ Residential Energy Efficiency & Assistance Programs page.