How do we calculate your energy savings?

The more energy you save, the more you earn with Meltek!

Besides rewarding people for reducing their electricity usage when the grid needs it the most, Meltek also allows users to track these energy savings.

Based on your smart meter (AMI) data, we take an average of your electricity usage over a ten-day period in a similar hour. We refer to it as your baseline

For example, we’ll look at the hour on a Wednesday from 2-3pm and find the average from the previous ten weekdays. We use your usage over the most recent three weekend days if it’s a weekend. If your average over the ten days is 1.7 kWh, your average watts would be 1,700. Your forecasted Watts would be 1700 for that one hour, and 1,700 would be your baseline

Your goal would be to use less than 1,700 watts during that same hour.  Let's say you only use 1.3 kWh; you’ll have saved 400 watts! The more watts saved, the more money you can earn in rewards, such as gift cards, funding tree planting, charity donations, and purchasing carbon offsets.

It is important to note that if you use more than 1,700 watts during the hour, say 1,800, it would have a negative impact on your accumulated balance, and you will not be paid for that day. Don't worry; we will not take money from you, nor will you have to pay Meltek.

We do not count holidays and the hours from previous days when you have reduced your consumption into the weekday calculation because it could lower your average forecast and unfairly penalize you for saving energy! As part of our promise to be engaging and transparent, you’ll be able to log into your Meltek account to see how well you’ve done — keep in mind that sometimes your meter data could take a few days to calculate. Don’t worry; we will send you reminders when it’s been calculated and you’ve been rewarded for saving energy. Meltek aims to rewards our users as soon as possible when we get your energy data back!*

The app shows how much energy you saved and how much carbon emissions you reduced in your energy dashboard!

* Meltek's rapid rewards system for saving energy is available for Con Edison and Orange & Rockland customers except in PSEG Long Island territory, where the utility's limitations currently prevent us from calculating rewards as quickly as we would like.
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