PeakRewardsSM Electric Water Heater Program

The PeakRewards Electric Water Heater program helps you conserve energy — and save money — during times of high energy demand. Plus, participants receive $25 in BGE bill credits each winter, paid in four equal monthly installments of $6.25 from November through February.

Program Update

As of April 1, 2021, the PeakRewards Electric Water Heater program is closed, and participants will no longer receive bill credits. If you have questions about the end of the Electric Water Heater program, please email us at or call the PeakRewards customer hotline at 1-888-309-PEAK (7325), Monday – Friday, 8 a.m. to 5 p.m.

To keep the savings rolling, explore other ways to save.