Everyone knows that saving energy is smart. Now BGE makes it easy. Signing up for the PeakRewardsSM Air Conditioning program can help you save money, reduce energy demand and protect the environment. By joining the PeakRewards Air Conditioning program, you will receive between $100 to $200 in bill credits from June — September.
If you also sign up for the Electric Water Heater program, you could save up to an additional $50 in bill credits each November – February for a total of up to $250 in savings each year!
How does it work?
When you enroll in the PeakRewards program, you agree to help ease high electricity demand by allowing BGE to cycle your air conditioning on and off with a professionally installed programmable thermostat or outdoor switch. Cycling events will typically occur during the summer months of June through September but can happen during other months throughout the year. If there is a significant increase in peak energy demand, your PeakRewards device will receive a signal to cycle your air conditioning. Cycling helps maintain reliable service while keeping down the cost of electricity for everyone.
How PeakRewardsSM works on Energy Savings Days
If you are a PeakRewards Air Conditioning program participant, you are guaranteed to receive your monthly PeakRewards credit (June-September). If you choose to participate on an Energy Savings Days and reduce your electricity usage, you can earn a bill credit of $1.25 for every kilowatt-hour saved compared to your typical usage.
If you participate in both, you will receive whichever credit is higher each month. Additionally, your PeakRewards device will be cycled up to 50% on Energy Savings Days, regardless of your chosen cycling level. You are allowed two overrides on Energy Savings Days. However, during emergency cycling events, you will be cycled up to your chosen level (50%, 75% or 100%) and overrides will not be permitted.
What are emergency cycling events?
When regional demand for electricity is close to surpassing supply, BGE may be required by PJM, the Regional Transmission Operator for the Mid-Atlantic region, to activate an emergency cycling event. This type of event is usually called to avoid potential brownouts and rolling blackouts. During emergency cycling events, PeakRewards Air Conditioning program participants will be cycled up to their chosen cycling level (50%, 75% or 100%). You will not be able to override participation in emergency cycling events. After the emergency event ends, there will be a transition period until full operation of your unit is restored. The PeakRewards program is completely voluntary and is open to all BGE residential customers with central air conditioning or an electric heat pump in good working order, regardless of their choice of electricity supplier. For more information on energy choice, click here.
What are the benefits?
Choose your cycling level, choose your savings.
Choose a cycling level that best fits your lifestyle 50%, 75% or 100%. Choose between a programmable thermostat or an outdoor air conditioner switch, professionally installed at your home at no out-of-pocket cost to you. Learn more at bgesavings.com or call the PeakRewards customer hotline at 1-888-309-PEAK (7325).
Choose to save more.
Improve energy efficiency and maximize savings year-round with a thermostat that you can program to suit your daily household schedule.
Click numbers on thermostat to learn more about product features.
1 Energy Savings. Programmable thermostats can help you save up to 15% on annual heating and cooling costs.
2 PeakRewardsSM is one more way the BGE Smart Energy Savings ProgramSM is helping you conserve energy, save money, and help the environment.
3 Cycling Event Notification. The word Savings is displayed on the thermostat when a cycling event is occurring.
4 Programmable Fan. Separate indoor fan control ensures comfort in your home.
5 Precise Comfort Control (+/-1 F). Maintains consistent comfort to the highest level of accuracy.
6 One Touch Temperature. Allows you to override the program schedule at any time.
7 Real-time Clock. Keeps time during power failures and automatically updates for daylight savings.
8 Large, Clear Backlit Digital Display with Touchscreen Interaction. Easy to read in any lighting condition.
9 Simple Programming. Functional design makes programming the thermostat easy. Online thermostat programming is now available.
10 #1 Choice of Homeowners. Honeywell is the leading brand in temperature control.
With PeakRewards Online Access, you can adjust your heating and cooling settings, and view cycling information from anywhere you can access the internet.
Choose to stay connected.
BGE makes it easy to receive cycling event notification emails or texts at the start and end of every cycling event at BGESavings.com/PEAKREWARDS-NOTIFICATIONS.
Choose to be part of the solution.
By participating in PeakRewards, you are taking a smart and easy step to:
- Ease the burden on our existing electricity delivery system and reduce the need for additional power plants
- Protect our environment by lowering power plant emissions to reduce our carbon footprint
- Energy-saving solutions brought to you by EmPOWER Maryland
Participate in both and you are guaranteed to receive whichever credit is greater on your summer bills.
How do I sign up?
It's easy! Simply click here and fill out our online enrollment form.
Please Note: If you currently rent or lease your home, you must have permission from your landlord/property owner/manager to have the PeakRewards device installed.