PECO files for expansion of energy-efficiency programs
PECO has filed a plan with the Pennsylvania Public Utility Commission to enhance its energy-efficiency programs for residential and business customers and comply with phase two of Pennsylvania Act 129, which requires Pennsylvania utilities to develop programs to help customers reduce energy use.
PECO's Smart Ideas program, which launched in 2009, has reduced energy use by more than 1.135 million megawatt hours --saving more than $163 million in annual energy costs and receiving more than $84 million in rebates and incentives.
The filing calls for seven new residential and business programs, as well as the continuation of six existing Smart Ideas programs, including smart home rebates; smart appliance recycling; construction incentives; home energy audits and home energy assessments; comparative energy usage reports; school education programs; low-income energy-efficiency; and combined heat and power incentives.
The proposed programs have the potential to reduce energy use by 2.9 percent -- or 1,125,852 megawatt hours by May 31, 2016.
The filing is expected to be reviewed by February 28, 2013. If approved, the new programs would be available beginning in June 2013.