Pepco Maryland Rates – Maryland’s Best Energy Supplier
The Potomac Electric Power Company, (Pepco) is a utility company that provides electricity to customers in Maryland. This company is an affiliate of First Energy. Prior to this merger, Pepco sold electricity mainly produced from coal, natural gas and nuclear sources. A large portion of the energy produced was generated by large central facilities, in close proximity to its customers. Pepco customers are now able to access more renewable resources through the merger.
Pepco has invested several million in energy efficiency and renewable energy projects since the merger. Pepco’s EVSmart program, for instance provides incentives to people who are interested in electric vehicles. It also offers a range of other benefits to energy efficiency and rebates.
Pepco is currently working on a smart grid to manage the energy needs of its customers more efficiently. These improvements will enhance the customer experience, reliability, and energy management. While the cost of electricity will remain the same, consumers are likely to experience significant savings by switching to alternative energy sources. In addition to these savings, Pepco customers can expect to receive bill credits for solar energy that is not used up.
The Green Energy Fund by Pepco is designed to encourage investment in sustainable energy solutions. Through the fund, customers can receive up to 14 million dollars in annual tax credits to offset their energy bill. Additionally, they will receive a 20% energy efficiency rebate on their bill. The Green Energy Fund office can provide more information to customers about the program.
To be eligible, consumers must meet the eligibility requirements. For example, households with low incomes, or those whose homes were damaged by Hurricane Sandy are eligible to receive a credit on their monthly bills. Another incentive is the Peak Energy Savings Credit. In the summer, Pepco will designate peak energy saving days.
Pepco’s Community Solar Program can be used by both commercial and residential customers. It allows them to join a subscription-based program which allows them to produce their own renewable energy. A qualified energy consultant will evaluate the customer when they sign up. Once a determination has been made, a letter will be delivered to the customer with instructions on how to begin the process.
Pepco’s energy savings aren’t the only thing residents get. Residents can also enroll in the Smart Meter Exchange program. This is an investment that is long-term and will help develop an intelligent power grid. Utilizing advanced electric meters, Pepco will replace existing meters with new ones. Pepco will charge the customer or credit them based on the type of facility. This is based on the amount of renewable energy is generated.
Pepco is a Maryland Energy Administration member, which allows customers to get the most value from renewable resources. The company also supports charitable contributions. Pepco also provides assistance to customers who have special needs.
Pepco offers a full-service client support center that is open 24 hours a day. Customers can also submit an online request for assistance or via phone. An energy professional will assess the energy usage of their home and make recommendations on ways to cut down the consumption.