Welcome to GridRewards!
NEW for Con Edison’s customers in NY - EARN MONEY, SAVE MONEY, SAVE THE EARTH
• Earn money for cutting your energy use at critical times
• Reduce your energy bill and save money
• Track your REAL carbon footprint
• Get personalized energy saving actions
Reduce your electricity use at key times and get paid. No catch. This won’t cost you anything, ever.
Consumer’s participation is voluntary, easy, fun, helps save the earth and earns real money for resident participants. The reduction in electricity demand at times during the summer when the grid is stressed contributes to reducing the need for dirty power generation (“peakers”), thus the overall carbon footprint.
GridRewards empowers Con Edison’s clients in New York to earn money from participating in Con Edison’s demand response programs, while also digitally assisting participants to reduce their monthly energy bill and make an overall positive environmental impact through the reduction of their energy usage and carbon footprint. Using GridRewards, individuals across NY can collectively contribute to a more reliable grid and provide grid relief when energy usage is peaking.
Users can earn money by taking simple, digitally guided actions to reduce energy usage when Con Edison triggers a demand response event. When energy use is peaking on the grid, Con Edison will pay you cash to help lower that peak and save on investing in additional infrastructure. By lowering your electric usage during high-demand periods, you’ll help maintain electric system reliability in your community.
The ubiquity of smart meters makes performance easier than ever – raising cooling setpoints by four degrees for a handful of 1-6 hour periods in the summer can earn participants significant money — a payout of up to 20% of the total annual Con Edison electricity bill. Beyond raising temperatures, additional activities could include dimming lights, avoiding electric hot water heating and shifting dishwashing and laundry activities to a later time of day. With zero investment in hardware or equipment of any sort, customers can easily take these actions and watch their energy usage drop on the app, translating these behaviors into savings and payouts with real-time transparency.
A FEW HOURS EACH YEAR HAVE A BIG IMPACT
A few times per year, when the electricity grid is totally maxed out, power companies have to spin up older, less-efficient power plants. This often happens on hot summer afternoons when everyone’s running their air conditioning. Spinning up and running these plants is so expensive and harmful to the environment, that the power company is willing to incentivize people to use less electricity during these peak times – we call them GridRewards events, and we’ll tell you when they’re happening. There are about 5-10 GridRewards events per year.
USE IT EVERY DAY
Come back to the app any time to see how your actions improve your efficiency grade, and see whether it’s a good, bad, or really truly awful time to use electricity.
BE IN THE KNOW
Download the app to find out when the GridRewards events are happening and start earning!
GridRewards bonuses are available in certain regions within the US only. We’re constantly working to expand to new areas!