Hourly Pricing is a great rate to save if you own an electric vehicle because saving money makes life easier.
Enroll in Hourly Pricing, and you can reduce your energy demand and drive away with a little extra money in your pocket.
What is Hourly Pricing?
ComEd’s Hourly Pricing is an electric supply rate that lets you pay for electricity at the hourly market price. By shifting some of your energy use to lower-priced hours, you could spend less on your monthly bills and more on what matters to you.
Many plug-in hybrid and electric vehicles offer scheduled charging, so your car charges at night. By setting your EV to charge between 1 a.m. and 5 a.m., when prices are typically lowest, you could save 25%* compared to ComEd’s fixed-price rate.
Join thousands of electric vehicle owners who’ve chosen ComEd’s Hourly Pricing.
Electric Vehicle Charger and Installation Rebate
Enrollment Eligibility
Are you starting to apply for the Electric Vehicle Charger and Installation Rebate? As a part of the rebate requirements, you need to be enrolled in a time-variant rate, like ComEd’s Hourly Pricing.
If you are a new participant enrolling in ComEd’s Hourly Pricing from the default fixed-price rate, and if you have not been a previous Hourly Pricing participant within the past 12 months, you are eligible to enroll in Hourly Pricing!
Prospects who are currently on an Alternative Retail Supplier (ARES) must cancel service with their ARES before submitting their enrollment with Hourly Pricing.
If you have opted out of Hourly Pricing within the past 12 months, we cannot process your enrollment until 12 billing periods have passed since your last day on Hourly Pricing.
Enrollment Process
Submit your enrollment. You’ll receive an email titled: “Thanks for submitting your enrollment in Hourly Pricing!“
The enrollment process can take 1-3 months to complete, as rate changes only take effect after a new billing cycle begins.
If you’re eligible for Hourly Pricing, you will receive an email titled “First Name, you’re one step closer.”
Once your enrollment in Hourly Pricing is confirmed, you will receive an email titled “It’s official. You’re on Hourly Pricing!”
Rebate Requirements
To meet your rebate requirements, you must be enrolled in a time-variant rate, such as Hourly Pricing, for a minimum of three years. Learn more about qualifications, terms, and conditions for the Electric Vehicle Charger and Installation Rebate Program.
ComEd’s EV Toolkit
Don’t own an electric vehicle yet? Check out ComEd’s EV Toolkit to compare the estimated annual fuel costs of electric and gasoline-powered vehicles. Thanks to Hourly Pricing, getting an EV can be more attainable and cost-effective.
* Average percent energy supply savings for Hourly Pricing participants with electric vehicles from January 2007 to May 2026.
† Actual savings may vary and are dependent on usage and rate.