CHICAGO (April 30, 2018) – Every one of ComEd’s more than 4 million customers could put about $15 toward groceries every week for a year with the money they have saved thanks to the company’s energy efficiency program. That’s more than $3 billion total since the program started in 2008.
Residential, commercial, and industrial customers have used 27.9 million fewer net megawatt-hours of electricity because of ComEd’s energy efficiency offerings – enough to power 3.1 million average homes for a year. Offerings range from free assessments of homes and businesses to rebates and incentives for buying or investing in products or changing habits that reduce energy consumption.
“More and more customers are discovering that they can take advantage of ComEd programs to take greater control of their energy use, save money, and reduce their carbon footprint,” said Anne Pramaggiore, president and CEO of ComEd, “and we’ve seen the power of smart and creative ideas that show customers the way. Our energy efficiency program has grown substantially over the past 10 years, and it will continue to grow for at least the next 10, allowing homeowners, businesses, and other facilities to save even more energy and money.”
Reducing energy consumption also benefits the environment by reducing carbon emissions that contribute to climate change. As a result of ComEd’s energy efficiency program, customers have avoided 38.9 billion pounds of carbon emissions from entering the atmosphere. That’s equivalent to planting enough trees to cover more than half of the state Illinois or taking 3.7 million cars off the road for one year.
With a full portfolio of offerings, ComEd’s energy efficiency program since 2008 has empowered customers to:
• Buy 114.9 million efficient bulbs.
• Complete 72,000 business projects, helping many companies meet their environmental goals.
• Recycle 380,000 appliances, such as fridges and freezers.
• Complete 314,000 energy assessments.
• Receive 420,000 rebates on smart thermostats, appliances, lighting, and more.
The U.S. Environmental Protection Agency earlier this month recognized ComEd’s energy efficiency leadership for a ninth year in a row.
The Future Energy Jobs Act, enacted in Illinois in 2017, allows ComEd to increase customers’ ability to have a positive impact on their finances and the environment. The legislation significantly expands the company’s energy efficiency program, increasing funding from $250 million in 2017 to $440 million by 2030.
To learn how ComEd helps residential customers save, visit ComEd.com/WaysToSave. For business customers, visit ComEd.com/WaysToSave/ForYourBusiness.
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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.