The PeakRewards Program Terms and Conditions have recently been updated and can be viewed here.

As of April 1, 2020, the PeakRewards Electric Water Heater program will no longer accept new participants into the program. In addition, as of February 2021, the PeakRewards Electric Water Heater program will be discontinued and participants will no longer receive bill credits. For other smart ways to save energy and money, please visit bge.com/WaysToSave.

The PeakRewardsSM Electric Water Heater program is designed to help ease the "peak" demand for electricity. Peak demand typically occurs on weekdays between 6 am and 9 am and 6 pm and 9 pm during the winter and between noon and 8 pm during the summer. The PeakRewards program is a part of the BGE Smart Energy Savers Program®, which helps conserve energy, save you money, and protect the environment. By participating in the PeakRewards Electric Water Heater program, you will receive between $25 in bill credits (November through February). With PeakRewards, saving energy and money is not only smart, it's easy.

As a PeakRewards customer with an electric water heater, you agree to have a switch installed that will enable BGE to turn off electricity to your water heater during designated periods of peak electric demand. This is called cycling. Cycling reduces the peak demand for electricity, helps to maintain reliable electric service and keeps down the cost of electricity.

Electric Water Heater Program Cycling Overview
How Does Cycling Affect You? Customer Benefit
Electric Water Heater program participants will be cycled at 100%, regardless of event type (emergency or non-emergency).

During an electric water heater cycling event, your water heater will not produce any additional hot water for the duration of the event.

The water in the tank at the start of the event should remain warm and available to use. However, additional water that refills the tank will not be heated until after the event ends.
You receive:
  • $25 in annual credits - $6.25 from November through February.

What are the benefits?

Savings. You receive $25 in annual BGE bill credits, paid in four equal monthly installments of $6.25 from November through February.

Stay Connected. Sign up to receive notification texts and emails at the start and end of every cycling event.

Choose to be part of the solution.
By participating in PeakRewards, you are taking a smart and easy step to:

  • Ease the burden on our existing electricity delivery system and reduce the need for additional power plants
  • Protect our environment by lowering power plant emissions to reduce our carbon footprint
  • Take advantage of energy-saving solutions brought to you by EmPOWER Maryland

The first-year matching bonus credits are only intended for the initial customer enrollment and device installation.