In a large skillet, cook the bacon over medium heat for 8 to 10 minutes, or until golden brown and crispy. Remove bacon and drain excess fat.

With reserved bacon fat, add the sliced onion and sauté over medium heat for 5 to 7 minutes until soft and caramelized.

Increase heat to medium-high, add the frozen peas, and stir well. Cook for 3 to 5 minutes until heated through.

If the peas seem dry, cover the skillet briefly with a lid for 1 to 2 minutes to steam them.

Stir in the crispy bacon bits, season with salt and pepper, and blend all ingredients before serving immediately.