peaksaver(R) Offers $75 Credit on Bill - Offer expires December 31, 2010
TORONTO, Aug. 25 /CNW/ -
Following a hot and hazy summer, Toronto Hydro-Electric System Limited ("Toronto Hydro") customers are beginning to receive their summer electricity bills. Depending on how much load-shifting and conservation has taken place, some customers may be unpleasantly (or pleasantly) surprised. This is because cooling degree days in June and July have increased by 187 per cent over June and July 2009. Consumption for residential customers as a whole is up more than 18 per cent.
To offset summer electricity costs and for a limited time only, customers who sign up for peaksaver will receive a $75 credit on their Toronto Hydro bill. Participating in the peaksaver program provides the satisfaction of doing what's best for the environment and getting rewarded for doing it.
Until December 31, 2010 both residential and small business customers enrolling in the program will receive a $75 credit on their electricity bill (after the installation) for the first peaksaver device, and a $50 credit for each subsequent device installed.
How to sign up: Signing up for peaksaver is simple and can be done by:
- logging on to www.torontohydro.com/peaksaver (use offer code
- calling 1.877.487.8574, weekdays 8 a.m. to 9p.m.
- How it works: a small device is installed near the central air
conditioner to reduce its energy use during times of peak electricity
demand. These are usually on hot summer afternoons when air
conditioners are running at maximum, but never on weekends or
statutory holidays - a temperature change isn't likely to be
noticeable. Most customers don't notice when peaksaver is activated.
- When peaksaver is activated, Toronto Hydro sends a signal to
customers' air conditioners to slow down the number of cycles.
Typically, air conditioners are cycled off for 15 minutes out of every
30 minutes. The fan continues to operate and circulate cooled air, so
most customers will not notice a temperature change.
- When activated, peaksaver will reduce the demand on the electrical
distribution system by approximately 1 kilowatt per home. That's the
equivalent of turning off 10 -100 watt light bulbs.
- More than 65,000 peaksaver devices have been installed at Toronto
households and businesses. That represents a potential electricity
demand reduction of approximately 59 megawatts when activated during a
heatwave (based on a 36 degree day)
SOURCE Toronto Hydro Corporation
For further information: For further information: Tanya Bruckmueller, Toronto Hydro, email@example.com, W: 416.542.2621, C: 416.903.0440