PECO customers report significant savings after adoption of energy efficient technology

February 29, 2012

Since its launch in the fall of 2009, PECO customers have reduced their electricity use by more than 1 million megawatt hours (MWh) and saved more than $146 million with PECO Smart Ideas, the suite of energy efficiency programs from the company, according to a release from the firm.

The release noted that these energy savings have the same environmental benefit as the planting of more than 1 million trees or reducing driving by more than 1 billion miles.

"We know our customers depend on us to find new and innovative ways to help them manage their energy costs," said Romulo L. Diaz, Jr., vice president of Governmental and External Affairs. "This is a responsibility we take seriously, because the best way for customers to reduce their energy costs is to control how they use energy – save energy, save money. We are thrilled with the response by our customers to PECO Smart Ideas, which means we are well on our way to achieving state-wide energy reduction goals."

PECO Smart Ideas offers a number of programs to help residential, business, government, non-profit and institutional customers save money and energy.

According to the release, the programs are part of the company's support of Pennsylvania's energy efficiency and demand response targets that were part of Act 129, which required electric utilities to develop programs to help customers reduce their energy consumption by 1 percent by May 31, 2011, and 3 percent by May 31, 2013.

The Philadelphia-based company is working to meet this goal, as the customers and the environment may benefit from these reductions.

Philadelphia is increasingly becoming an epicenter for the development of the energy efficiency technology, especially concerned to consumption and costs for commercial buildings. The Department of Energy designated an innovation HUB in the city for this specific sector.

The Greater Philadelphia Innovation Cluster for Energy Efficient Buildings (GPIC) is comprised of the brightest minds from private industry, the government and energy development sector and academia. This effort works to develop, design and test energy efficient buildings and technology in the region.

Forbes reported that a recent conference concerning net-zero energy buildings was held by the German-American Chamber of Commerce that outlined how the American public is more concerned with ROI or savings than the effect on the environment.

"Consumers think about this in a different way than we, the practitioners, think about it," Dan Geiger, executive director for the U.S. Green Building Council, said at the conference, noting the challenge that this ideology poses for the sector.