The Ameren Illinois Peak Time Rewards® program gives eligible residential customers the opportunity to earn bill credits by reducing electricity usage during times of high electricity demand, typically summer afternoons. Your participation also helps your neighbors, your community, and the environment by reducing emissions and improving grid reliability. There is no cost to participate, just the potential to earn bill credits.
Most Ameren Illinois residential customers who have a smart meter are eligible for Peak Time Rewards. There are two ways to check your eligibility:
Customers who receive their electric supply from a Retail Electric Supplier (RES) or Power Smart Pricing are eligible. However, customers cannot be on a RES demand response program and Peak Time Rewards at the same time.
Customers are ineligible if:If you don’t know if your home has a smart meter or have other eligibility questions, please email us at PeakTimeRewards@ameren.com or call us at 888.596.5497 with your account number handy.
*Ameren Illinois calculates your personal baseline energy use for each Peak Time Rewards event by reviewing your energy use on similar days prior to the event. For more information, see “How is my personal baseline energy use calculated?”
This calculation entails four steps.
Step 1: Ameren Illinois identifies the previous 14 days that were not a holiday or a day with a previous Peak Time Rewards event.
Step 2: Ameren Illinois identifies the three days when you used the most energy during the same timeframe as the current Peak Time Rewards event. For example, if the upcoming Peak Time Rewards event is from 2 PM – 4 PM, Ameren Illinois will look at the three days when you used the most energy from 2 PM – 4 PM.
Step 3: Ameren Illinois excludes any of the three days with significantly lower or higher temperature and humidity compared to the forecasted Peak Time Rewards event day.
Step 4: Ameren Illinois averages the remaining days to reach your baseline energy use.
*Baseline energy use = (10 kWh + 11 kWh)/2 = 10.5 kWh
To calculate your rewards, Ameren Illinois looks at your energy use during a Peak Time Rewards event and your personal baseline energy use.* Ameren takes the difference between those two numbers to calculate your reduction and then multiplies it by the current credit per kilowatt-hour** (kWh) to calculate your rewards.
Below is an example of a possible rewards calculation:
A Peak Time Rewards event was called for 2 PM – 4 PM | ||
Your baseline 2 PM – 4 PM energy use | = | 10.5 kWh |
Your energy use during the Peak Time Rewards event | = | 8.5 kWh |
Your energy reduction | = | 2 kWh |
Your earned bill credit | = | 2 kWh x current credit per kilowatt-hour |
The bill credit amount changes from year to year. Each spring, Ameren Illinois obtains the market prices for peak time electricity to determine the credit amount for the program year. Between June 1, 2022 and May 31, 2023, participants can earn 75 cents per kWh reduced during event hours. Remember, whatever the credit amount, Peak Time Rewards gives you the opportunity to help your community by giving the grid a break which improves service reliability during times of high energy demand.
*Ameren Illinois calculates your personal baseline energy use for each Peak Time Rewards event by reviewing your energy use on similar days prior to the event. For more information, see “How is my personal baseline energy use calculated?”
**Energy use is measured in kilowatt-hours (kWh). One kWh of electricity is equal to 1000 watt-hours and will power a 40-watt lightbulb for 25 hours (40 watts x 25 hours = 1,000 watt-hours = 1 kWh). Large appliances like your air conditioner, dishwasher, and laundry machines use a lot more energy than lightbulbs.
There is no limit on how many bill credits you can earn through Peak Time Rewards. The more energy you reduce compared to your baseline, the more you earn with credits on your bill. The following table shows how many kilowatt-hours* (kWh) on average your appliances may use.
How Much Energy Your Appliances Use | Average kWh Used |
---|---|
Electric clothes dryer** | 3.0 kWh |
Cooking with your oven** | 2.4 kWh |
Turn your thermostat up 4 degrees*** | 2.0 kWh |
Dishwasher | 21.8 kWh |
Vacuum | 1.4 kWh |
Laundry machine | 0.5 kWh |
Avoiding using large appliances during Peak Time Rewards events, along with tools like a programmable thermostat and light timers, can help you reduce your energy use. You can also use Ameren Illinois’ other energy-saving programs to help you take the right actions to earn more rewards. The Ameren Illinois Energy Efficiency programs offer tips and additional incentives to help you save. Learn more at AmerenIllinoisSavings.com.
*Energy use is measured in kilowatt hours (kWh). One kWh of electricity is equal to 1000 watt-hours and will power a 40-watt light bulb for 25 hours (40 watts x 25 hours = 1,000 watt-hours = 1 kWh). Large appliances like your air conditioner, dishwasher, and laundry machines use a lot more energy than light bulbs.
**Assuming an electric oven or dryer.
***Assuming a 3-ton air conditioning unit and an average insulated home.
Your bill credits should display as a “Peak Time Rewards Credit” line item on your next Ameren Illinois bill.
You can also view your estimated credits after an event via your Ameren Illinois online account:
*Your credits are estimated until your next Ameren Illinois bill is calculated.
To change your notification preferences or overall contact information for program updates, please log in to your online account or give us a call at 888.596.5497 to speak with a program specialist.
Keeping your notification details up to date is important so you can keep participating in events. At least one working notification method is required to remain enrolled in Peak Time Rewards.