Here's a quick link to a post by one of our participants on their own blog. It features a ton of really good information on energy savings tips and how to succeed on hourly pricing. Great stuff!
Although one tip on reducing vampire power around your tv is plug everything into a power strip except for the cable box. That way when you shut everything down for the night you won't lose all your channels. It's definitely more trouble than it's worth, but this you can still get some of the savings without the hassle.
http://midwestgreen.wordpress.com/2011/03/18/saving-money-on-electricity/
April 8, 2011
March 23, 2011
Industry Wondering If Customers Will Like Dynamic Pricing
Power Smart Pricing has been around since January 2007 and has accumulated over 11,000 customers. Year after year our participants have told us they find the program to be "quick and easy." Our high satisfaction rates should give confidence to other utilities to offer a similar program. However, throughout the country there is a large discrepancy in what industry leaders are saying about these types of programs.
A recent online panel discussion, hosted by Restructuring Today, highlighted the differences of opinion. While all the speakers agreed there was great potential in dynamic pricing, some felt that it was best to wait for "enabling technologies" to catch up and make it easier and more automated. Power Smart Pricing has enhanced its offering of online technologies to create easier access to prices, however the fundamental way of saving money on the program still rests in the hands of the participants (99% of which are saving money).
So the bottom line is that customers already love dynamic pricing. The need is to get it out to more customers and trust the existing programs that have shown great results.
For more coverage >> Why Consumers Will Love Dynamic Pricing - Katherine Tweed, GreenTechMedia
A recent online panel discussion, hosted by Restructuring Today, highlighted the differences of opinion. While all the speakers agreed there was great potential in dynamic pricing, some felt that it was best to wait for "enabling technologies" to catch up and make it easier and more automated. Power Smart Pricing has enhanced its offering of online technologies to create easier access to prices, however the fundamental way of saving money on the program still rests in the hands of the participants (99% of which are saving money).
So the bottom line is that customers already love dynamic pricing. The need is to get it out to more customers and trust the existing programs that have shown great results.
For more coverage >> Why Consumers Will Love Dynamic Pricing - Katherine Tweed, GreenTechMedia
January 24, 2011
Refreshed Ameren ActOnEnergy.com
Get discounts on lighting
Save on ENERGY STAR products
Earn a rebate for your spare fridge
Cash in on HVAC incentives
Build and ENERGY STAR home
Improve home energy performance
If you're interested in learning more, go to ActOnEnergy.com to get all the details.
January 18, 2011
PSP Gets National Attention
We were at the Midwest Energy Solutions Conference talking about the great success our customers have had with Power Smart Pricing and the story got picked up by the national issues blog, Grist.
Overall, they did a good job of capturing the benefits of the program. The article was mostly focused on the amount PSP customers tend to lower their overall usage without mentioning the total the bill savings. Citing the "conservation effect" of using Day-Ahead hourly pricing is great, but it's even better when considering that those customers are saving an additional 16% (on average) on their bills.
The real moral of the story is that our customers are great. They are pioneers and truly leading a national effort for the availability of this kind of program for more and more utility customers. Well done!
Check out the story here:
http://www.grist.org/article/2011-01-14-whats-the-real-potential-for-behavior-change-programs
Overall, they did a good job of capturing the benefits of the program. The article was mostly focused on the amount PSP customers tend to lower their overall usage without mentioning the total the bill savings. Citing the "conservation effect" of using Day-Ahead hourly pricing is great, but it's even better when considering that those customers are saving an additional 16% (on average) on their bills.
The real moral of the story is that our customers are great. They are pioneers and truly leading a national effort for the availability of this kind of program for more and more utility customers. Well done!
Check out the story here:
http://www.grist.org/article/2011-01-14-whats-the-real-potential-for-behavior-change-programs
January 4, 2011
How to Get PSP on Your Phone
The PSP Blog has covered this a couple times in the past, but there have been some important updates as well as a bunch of requests on our customer survey for more access to prices through smartphone apps and text message.
Through Twitter.com
Twitter is a web service that allows users with an account to "tweet" messages of up to 140 characters. We have set up a program that automatically tweets the highest and lowest priced hours with their respective prices for the next day. This is a quick way to see what the prices will be like and which hours are best to avoid.
To get these messages on your phone you will have to sign up for a free Twitter account and set your preferences to receive our tweets through text messages (SMS) on your cellular phone. You will be able to get High Price Alerts and the Daily Price Report directly to your phone. If you have any questions on how to set this up please call us at 1-877-655-6028. (standard text message rates apply)
Through a Smartphone App
The Power Stoplight shows the current price of electricity as well as the upcoming hours. It also incorporates the very glanceable feature of a stop light that changes color based on the price. This program lets you check the prices at any time any where. It is a great tool and best of all, it's free. You can find the application in the Apple iTunes store for the iPhone or the Android Market for an Android powered phone. The Power Stoplight is also in development and available for testing on your Blackberry. To learn more, go to http://www.powerstoplight.com/
Through Twitter.com
Twitter is a web service that allows users with an account to "tweet" messages of up to 140 characters. We have set up a program that automatically tweets the highest and lowest priced hours with their respective prices for the next day. This is a quick way to see what the prices will be like and which hours are best to avoid.To get these messages on your phone you will have to sign up for a free Twitter account and set your preferences to receive our tweets through text messages (SMS) on your cellular phone. You will be able to get High Price Alerts and the Daily Price Report directly to your phone. If you have any questions on how to set this up please call us at 1-877-655-6028. (standard text message rates apply)
Through a Smartphone App
The Power Stoplight shows the current price of electricity as well as the upcoming hours. It also incorporates the very glanceable feature of a stop light that changes color based on the price. This program lets you check the prices at any time any where. It is a great tool and best of all, it's free. You can find the application in the Apple iTunes store for the iPhone or the Android Market for an Android powered phone. The Power Stoplight is also in development and available for testing on your Blackberry. To learn more, go to http://www.powerstoplight.com/
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