ComEd Customers Save $4 Billion Thanks to Energy Efficiency Offerings
May 21 2019 - 6:05PM
Business Wire
Total landmark savings through ComEd® Energy
Efficiency Program equivalent to average residential customer’s
annual electricity costs
ComEd customers have saved a total of $4 billion on their
electricity bills since the company introduced its program to help
families and businesses save money and energy in 2008. That’s the
equivalent of approximately $1,000 for each of ComEd’s 4 million
customers – the amount a residential customer would spend in an
entire year on their electricity bill, assuming the current average
monthly residential bill of approximately $84.
“Our energy efficiency offerings help offset customer electric
bills, while helping to reduce our collective environmental
footprint,” said Jane Park, senior vice president of customer
operations for ComEd. “Because ComEd is committed to helping our
customers save, we will continue to expand on what is one of the
largest energy-efficiency programs in the nation.”
The ComEd® Energy Efficiency Program offers assessments,
rebates, discounts and recycling programs to help customers save
money and use energy more wisely. Since 2008, the program has also
saved customers more than 35 million megawatt-hours of electricity,
which is enough electricity to power nearly 4 million homes for one
year. This is the environmental equivalent to eliminating
approximately 44 billion pounds of carbon emissions from the
atmosphere, removing more than 4 million cars from the road for a
year or each customer planting nearly six acres of trees.
At the same time, the program also helped drive the purchase of
more than 130 million energy-efficient light bulbs and provided
more than $956 million in incentives to help customers defray the
costs of energy-efficiency improvements.
As a result of the Future Energy Jobs Act, ComEd now also
provides industry-leading, energy-saving offerings to
income-eligible and public-sector customers. In 2018, more than
44,400 income-eligible customers participated in offerings, which
included retrofitting more than 1,900 homes and more than 5,100
multifamily tenant units with energy-efficiency products.
Governmental customers completed more than 870 projects.
“ComEd believes all customers should have access to safe,
reliable and affordable energy,” Park said. “And these programs
help our customers save money while helping the environment.”
For more information on the ways ComEd customers can save money
and energy, visit ComEd.com/HomeSavings for residential customers,
ComEd.com/BizSavings for business customers, and
ComEd.com/PublicSector for public-sector customers. The ComEd
Energy Efficiency Program is funded in compliance with state
law.
ComEd is a unit of Chicago-based Exelon Corporation (NYSE: EXC),
a Fortune 100 energy company with approximately 10 million
electricity and natural gas customers – the largest number of
customers in the U.S. ComEd powers the lives of more than 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, Instagram and YouTube.
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ComEd Media Relations312-394-3500
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