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Act 129 required the seven largesy electricity distribution companies in Pennsylvania to file energyy efficiency and conservation plansd with the Pennsylvania PUCby Wednesday. which is a subsidiaryu of Chicago-based (NYSE:EXC), said its will help customerd reduce their power consumption by 3 percentby 2013. The Philadelphia-basedf electric and gas utilityy said the plan callds for it tospend $342 million, including: • $41 millionh on programs to directly manage power use, including one that enablesa it to remotely control air conditioners to reduce theidr power consumption; • and $20 million to give and give rebates on, compact fluorescent light bulbs.
Peco said the plan will help its customer reduce their power consumption by 1 perceny byMay 31, 2011, and 3 percent by May 31, as well as reduce power demand during the 100 hour s with the highest demand by 4.5 percent by May 31, 2013.
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