For Immediate Release
ComEd Media Relations
Four-year plan invests $1.4 billion in 30 programs to help customers save money
CHICAGO (Feb. 6, 2018) – ComEd has introduced new energy efficiency programs to help public sector and income-eligible customers manage their energy use and save on their electric bills. Thanks to the Future Energy Jobs Act (FEJA), ComEd has launched an energy efficiency plan that will invest up to $1.4 billion over four years to substantially expand and create new energy efficiency offerings.
The plan, approved by the Illinois Commerce Commission in 2017, offers 30 programs that are expected to help ComEd residential, business and public sector customers achieve 11.8 percent in total energy savings by the end of 2021 and stimulate job creation. Programs include a variety of energy efficiency options, such as rebates on appliances, instant lighting discounts and savings on installation of HVAC and weatherization. Over the life of these energy efficiency measures, they will save customers over $7 billion on bills and reduce carbon emissions by over 96 billion pounds.
The FEJA allocates another $50 million to research and development of emerging technologies and outreach strategies that will enable more people to participate in energy efficiency programs.
"We're committed to helping customers, especially those who are historically underserved, better manage their energy use and save on their electric bills," said Val Jensen, senior vice president of customer operations at ComEd. "Our new energy efficiency programs for low-income communities and public sector customers are one part of a broader plan under the FEJA to deliver real consumer benefits while preparing the energy workforce of tomorrow."
Below are programs that can help public sector and income-eligible customers save energy and money in 2018.
Public Sector: Buildings owned and operated by the government to provide a service to citizens, such as K-12 public schools and community colleges, can take advantage of the following energy-saving options.
Income Eligible: Customers at or below 80 percent area median income are eligible for the following programs.
Residential, business and public sector customers have saved more than $2.95 billion since ComEd introduced its energy efficiency programs in 2008. To learn more about ways to save, visit ComEd.com/WaysToSave.
Commonwealth Edison Company (ComEd) is a unit of Chicago-based Exelon Corporation (NYSE: EXC), the nation's leading competitive energy provider, with approximately 10 million customers. ComEd provides service to approximately 4 million customers across northern Illinois, or 70 percent of the state's population. For more information visit ComEd.com, and connect with the company on Facebook, Twitter and YouTube.