Pepco Unveils Proposals to Lower Costs, Improve Reliability, and Enhance Energy Independence for District of Columbia Customers
Washington, D.C. - Pepco proposed an ambitious program for its District of Columbia customers that will combine traditional energy efficiency programs with innovative technologies to help customers manage their energy use and reduce the total cost of energy.
"Energy efficiency is the lowest cost and the cleanest way to address future energy needs," said Dennis Wraase, Chairman of the Board, President and Chief Executive Officer, Pepco Holdings, Inc., the parent company of Pepco.
"If we can provide tools for PHI's nearly two million customers to reduce their electricity usage, we can make a measurable contribution to meeting the nation's environmental challenges and at the same time help customers keep their electric bills affordable," Wraase added.
New technology will lead the way toward energy independence in Pepco's comprehensive plan. The proposal includes Demand Side Management efforts, such as rebates or other incentives for residential customers to improve their energy efficiency. Some examples include:
• replacing residential incandescent lighting with Energy Star qualified compact fluorescent light bulbs,
• replacing central air conditioning units with qualified high-efficiency units that exceed the current code,
• replacing window air conditioning units with qualified high-efficiency units that exceed the current code.
Residential customers also would receive bill credits or other incentives by permitting Pepco to cycle their air conditioning or electric heat pump when wholesale electricity prices are high.
Business customers would receive financial incentives for using energy efficient equipment such as improved lighting and HVAC systems, and would be rewarded for reducing use during periods of peak demand.
TO READ FULL PRESS RELEASE CLICK HERE
|
