CHELCO members can help control the cost of electricity and earn monthly bill credits by joining our Switch to Save program. Participants in the voluntary program allow CHELCO to install a load control switch on their water heater that is activated when electricity is in a high-demand (or “peak”) period.
The single largest expense CHELCO has is the price of energy we deliver to our members. When demand for electricity rises or “peaks”, the wholesale cost to buy it rises. When CHELCO purchases large amounts of energy during these peak periods when prices are highest, it can have a significant impact on rates.
How the Switch Works
A switch is connected to your electric water heater. A signal is sent to the switch to turn off the electricity to your tank’s heating elements for short periods of time during the “peak” hours when electricity is most expensive. Even with the brief interruption, your water heater will keep water hot for hours, leaving you plenty of hot water for showers, laundry and your family’s other needs.
A Switch Worth Savings
As a reward for joining Switch to Save, CHELCO offers two incentives. First, members will receive a $25 bill credit when the switch is installed. Then, members will see a $3 bill credit each month as long as the switch remains installed.
Ready to start saving? Installations begin this month in North Walton County. To learn more about the program and when we will be in your area, visit chelco.com/switch-save or contact us at (850) 307-1122 or energyservices@chelco.com.