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Why are the Energy Saver Hot Water Heater Switch bill credits being reduced?

April 26, 2017Credits energy hot reduced saver Switch

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Why are the Energy Saver Hot Water Heater Switch bill credits being reduced?

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The Legacy Energy Saver Hot Water Heater Switch program is being phased out and replaced with the new PeakRewards℠ Water Heater program. The new program will give you higher bill credits of $6.25 per month paid on your November, December, January and February bills, for a total of $25 each year you participate. Only BGE customers who have an electric water heater are eligible for the program. Tankless and gas hot water heaters are not eligible.