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Smart Value Power Program
More control. More environmental benefits.
More savings!
If you have a smart meter, our Smart Value Power Program
is a way to get more — without reducing the overall amount of
electricity you use.
It’s simple and it’s sensible. By shifting your use of electricity to the lower-priced Value Hours, you may be able to better control your costs, save money, and help the environment by reducing peak-time carbon emissions. During peak hours — Mondays through Fridays from 7 a.m. to 7 p.m. — electricity tends to cost more to produce and may require the use of less-efficient generation facilities to meet system peaks. If you are able to use less energy during higher-priced Peak Hours — the mc² Smart Value Power Program is the right plan for you!
Timing is everything with mc² Smart Value Power Program!
Value
Hours
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Monday – Friday
(7 p.m.–7 a.m.) and Weekends A fixed energy price during the Value Hours. |
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Peak
Hours
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Monday – Friday
(7 a.m.–7 p.m.) A fixed energy price during the Peak Hours. |
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* At the time you request a quote, the MC Squared Energy Services (mc²) price may or may not be less than the ComEd Basic Electric Service tariff rate for residential customers. The mc² price will not change during your contract term but utility rates are likely to change during that time period. Accordingly, your mc² price may be greater or less than the price you would have paid if you bought service at another time or if you continued with ComEd for your service. (See our FAQs for more information.)
Start the enrollment process today.
Step 1: Review the Residential Uniform Disclosure Statement, print
and save a copy by clicking here.
Step 2: Enter your ComEd 10-digit account number.
Your information is completely secure and will not be shared without your permission.
ComEd Account Number
(What is this?)
Step 3: Enter your ComEd 9-digit meter number.
You must have a smart meter to participate in this program.
All smart meter numbers start with “2”.
ComEd Smart Meter Number
(What is this?)
Step 4: Start the enrollment process.
FAQs
Frequently Asked Questions
What is the Smart Value Power Program?
The mc² Smart Value Power Program is a time-of-use electricity pricing program for residential customers with smart meters. Your monthly electricity bill is calculated using separate pricing for electricity used during Value Hours and Peak Hours, respectively.
How long do I have to stay on the program and are there any fees?
Program participants enroll in the program for a 12-month term. There are no signup fees and no early termination fees.
What are the environmental benefits from being in the Smart Value Power Program?
Participants in the Smart Value Power Program can help the environment by controlling and shifting use of electricity to the lower-priced Value Hours. By shifting your electricity use, you help reduce carbon emissions from less-efficient generation facilities that contribute to global warming.
What is a smart meter?
Smart meter installations are part of ComEd’s efforts to modernize the electrical system by upgrading existing meters with digital electric meters. Smart meters use two-way communication to collect energy usage information, allowing mc² to provide additional pricing plans that reflect how and when you use electricity.
How do I know if I have a smart meter?
If you have a smart meter, your 9-digit meter number on your ComEd bill will start with the number “2”. To locate your meter number on your ComEd bill. ComEd customers in 21 local communities already have smart meters installed Click Here
How can I get a smart meter?
ComEd is systematically installing smart meters to all its customers over the next few years and expects to complete all installations by 2021.
Click Here to see when ComEd plans to deploy smart meters in your community.
How can I save money on the Smart Value Power Program?
The more you can shift electricity use to the lower-priced Value Hours, the more you can save on the mc² Smart Value Power Program. For example, use your vacuum, air conditioner, laundry machines, dishwasher, chargers, and other appliances during Value Hours. Keep unnecessary lighting and appliances turned off during higher-priced Peak Hours.
When are Value Hours and Peak Hours?
Value Hours are from 7:00 p.m. to 7:00 a.m. on Monday through Friday, and for 24 hours on weekends. Peak Hours are from 7:00 a.m. to 7:00 p.m. on Monday through Friday.
How will I be billed?
You will continue to get one bill from ComEd. The mc² Smart Value Power Program charges will be included in the Electricity Supply Services portion of your ComEd bill. ComEd will continue to bill you for Distribution Services and Taxes.
Program participants will see the following charges in the Electricity Supply Services section of their ComEd bill:
- Peak Energy Supply Charge (Energy charge calculation based on Peak Hours used)
- Off-Peak Energy Supply Charge (Energy charge calculation based on Value Hours used)