Le Lézard
Classified in: Environment
Subject: Product/Service

ComEd Customers Save $4 Billion Thanks to Energy Efficiency Offerings


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.


These press releases may also interest you

at 08:10
The Peck Company , a leading commercial solar engineering, procurement and construction (EPC) company, today announced that it will release its earnings results for the third quarter ended September 30, 2019 on Tuesday, November 12, 2019 before the...

at 08:05
AquaVenture Holdings Limited ("AquaVenture") , a leader in Water-as-a-Service® (WAAS®) solutions, today announced the date for the release of its third quarter 2019 earnings and its participation at upcoming investor conferences. Third Quarter 2019...

at 08:05
Power management company Eaton today announced its eMobility business will launch an all-new 4-speed transmission for heavy-duty electric commercial vehicles to meet growing demand in a number of segments, including pickup and delivery and port...

at 08:00
For the fifth time this Black Friday, REI Co-op will close all its stores, process no online payments and pay all 13,000 employees to #OptOutside with friends and family. But this year, under the leadership of a new CEO and facing a global...

at 08:00
A company producing sustainable feed used in commercial fish farms has won a $200,000 prize in the "F3 Fish Oil Challenge", in which it's estimated over 2 billion fish were preserved. The competition was set up by global NGOs and researchers to...

at 08:00
It started with plant-based milk, then plant-based yogurt and now it's plant-based meat that's taking the spotlight, resulting in a massive valuation for meatless burger maker Beyond Meat . In fact, the growing popularity of plant-based meats has...



News published on 21 may 2019 at 18:10 and distributed by: