When the temperature rises in the summer, so does the demand for electricity. With the Peak Energy Savings Credit you can earn a credit off your bill when you reduce your electricity use on specially designated Peak Savings Days.
Peak Savings Days typically occur between May and October, between noon and 8:00 p.m., and usually last a few hours. During these periods, you will receive a credit of $1.25 off your bill for every kilowatt hour (kWh) you reduce your energy use below your average, also referred to as your baseline. The more energy you save below your average, the larger your credit will be. You can choose whether or not to participate on a particular Peak Savings Day – and you don’t have to sign up. There is also no penalty if you choose not to participate in the Peak Energy Savings Credit program.
Saving energy on Peak Savings Days can be as simple as turning off lights, waiting to run large appliances until later or setting the temperature on your thermostat 1-3 degrees higher, if health permits. For more energy-saving tips, see our Peak Savings Days tips.
Net energy metering and time of use customers in Maryland are currently not eligible for the Peak Energy Savings Credit program.