Electric Heat + Hourly Pricing Can Help You Save
ComEd’s Hourly Pricing is an electric supply rate that lets you pay for electricity at the hourly market price. By shifting some of your energy use to lower-priced hours, you could save money on your monthly bills.
ComEd customers who use electricity to heat their homes tend to have higher energy usage in the fall, winter and spring. Historically, the hourly market price of electricity tends to be lower during the colder months and overnight. This means that you could save money when heating your home on Hourly Pricing!
Customer Testimonials
Opportunity to Save While Staying Comfortable At Home
Hourly Pricing participants who use electric heat have saved an average of 30%* on their energy supply costs compared to ComEd’s default fixed-price rate.
Join thousands of Hourly Pricing participants with electric heat who have taken advantage of lower hourly prices during the winter.
*Hourly Pricing participants with electric heat have saved an average of 30% on their electric supply costs, based on results from 2007 to December 2023. During that same time, all Hourly Pricing participants saved an average of 15% on their electric supply, regardless of how they heat or cool their home.
What is Electric Heat?
If you are not heating your home with an electric heating system, here’s what you need to know!
Electric heating systems use electricity, unlike a gas-powered boiler or furnace, to heat homes during cold weather.
Types of electric heating systems include:
- Heat pumps, including geothermal, air source and mini-split
- Electric resistance heaters, including
electric furnaces, baseboard heaters
and wall heaters
Interested in electrifying your home? Check out ComEd’s resources about heat pumps.
Automate Your Energy Use
You can save on your energy bill with If This Then That (IFTTT), a free web-based service, that you can program to make your smart home technology take action. For example, you can use IFTTT to automatically adjust your thermostat depending on current hourly prices and your preferred temperature.
You create the settings that work best to keep your home comfortable. Learn more by visiting ComEd.com/IFTTT
Combine Hourly Pricing and electric heat to maximize your savings potential while staying cozy at home!
Questions? We’re here for you! Talk with an Hourly Pricing specialist.