How does the PeakRewardsSM A/C program decrease my electric bill?
When you participate in this program, you will begin receiving money-saving bill credits in the first summer billing cycle (June through September) following the installation of your Smart Thermostat or Smart Switch. During the first year of participation, these credits will be doubled on your energy bills for June through September, as an enrollment bonus. In addition to bill credits, the program will help reduce overall demand for electricity in the Mid-Atlantic region, which will result in electricity prices that are lower than they otherwise would have been. The new Honeywell programmable thermostat can also help you save up to $1,790 over five years. PeakRewardsâ„ Thermostat 5 Year Savings For tips on how to decrease summer air conditioning costs and increase comfort, click here.