Tips for Saving Money on
Power Smart Pricing this Summer
This summer may be a hot one, but that doesn’t mean you can’t take control of your costs with Power Smart Pricing. We’ve put together a few important tips so you can enjoy the warm weather and cool savings this summer.
When to Shift and Save
Maximize your summer savings potential by shifting your usage away from higher-priced hours. During summer, higher-priced hours are typically between 1 PM – 5 PM. Shifting usage away from these hours can be as simple as delaying use of your dishwasher, air conditioning, and laundry machines when prices are lower. Avoiding using a lot of energy during peak demand times can also help lower your Transmission Service Charge.
*Based on average prices for June 2016 through September 2018
How Do You Cool Your Home?
Pre-cooling your home is a big savings opportunity. Lower your thermostat during the night and early morning and set it to a higher temperature during the afternoon.
This will help keep your home cool the following day, so you won’t need to run your air conditioner when energy prices are typically higher.
To retain cool air throughout the day and keep the sun from heating your home, close window treatments and blinds during the day.
Set your ceiling fans to spin counter-clockwise in the summer so that cool air is pushed down for a cooling effect.
Don’t forget to close window treatments and blinds during the day to keep the sun from heating your home. Open windows at night for cool, fresh air.
Run your window air conditioner during the night and early morning when prices are typically lower, and turn it off when you’re not at home.
Close window treatments during the day so your home will retain this cool air while you’re out and you won’t need to run your air conditioner when energy prices are typically higher.
Take advantage of smart plugs for control over your window unit even when you’re not at home!
Don’t Miss Out on High Price Alerts
High Price Alerts help you save by telling you which hours of the following day will be 9 cents per kWh or higher. Day-ahead prices are also available on the prices page.
If you receive an alert, take the same actions you normally would during high-priced hours, like delaying the start of major appliances or raising your thermostat a few degrees.
Sign up for High Price Alerts here. You can receive alerts by email, phone, or text message. Be sure to update your preferences if your contact information changes so you don’t miss out!
What Other Actions Can You Take?
Dishwashers and clothes dryers not only use a lot of energy but also release unwanted heat when in use. To help you keep cool and keep costs low this summer, run your dishwasher overnight and do laundry on the weekend.
Take advantage of those pleasant summer nights and opt for cooking dinner outside on the grill instead of on your stove or in the oven. You'll use less energy and keep the excess heat out of your home.
Automate your savings and set your smart thermostat to adjust the temperature according to the time of day. Don't have a smart thermostat? Head to the Ameren Illinois Savings Center to get rebates and discounts on energy-efficient products for your home that can help you save money and energy.