ComEd Customers Save $13 Billion in Energy Costs Through Award-Winning Energy Efficiency Program

ComEd Customers Save $13 Billion in Energy Costs Through Award-Winning Energy Efficiency Program

Participating customers also received more than $2.5 billion in incentives to help offset the cost of energy-efficiency improvements

CHICAGO–(BUSINESS WIRE)–
As pressure on energy costs continues to rise, ComEd helped families and businesses across northern Illinois save a total of $13 billion on their energy bills through its award-winning ComEd Energy Efficiency Program. The program, one of the largest in the nation, offers a range ofservices and incentives to help customers manage energy use and lower energy costs, while helping the environment.

Since 2008, ComEd customers who participated in the energy-efficiency program also received more than $2.5 billion in incentives, which help offset the cost of energy-efficiency improvements.

“ComEd recognizes that rising energy costs impact many of the 9 million people we’re privileged to serve in northern Illinois,” said Ajit Apte, Senior Vice President of Customer Operations at ComEd. “This milestone reflects our commitment to offering new and expanded solutions that empower customers to switch to energy-saving technologies to reduce their energy bills. These solutions are designed to help reduce energy usage during peak summer season and year-round.”

The ComEd Energy Efficiency Program has also helped customers conserve nearly 112 million megawatt-hours of electricity, resulting in the prevention of nearly 84 billion pounds of carbon emissions that contribute to climate change. This is the environmental equivalent of planting 38 million acres of trees or removing nearly 9 million cars from the road for one year.

ComEd’s energy-efficiency program also has offerings to support income-eligible customers, many of whom live in older homes that use more energy. This includes free weatherization upgrades for qualified customers who sign up for a free home energy assessment, and free energy saving kits distributed through Community Action Agencies.

The energy-efficiency industry also contributes to the economy. Illinois recorded nearly 90,000 jobs in the energy efficiency sector in 2024. The most recent year numbers were reported by Clean Jobs Midwest. These jobs, which comprise about two-thirds of Illinois’ clean energy sector, include manufacturing of ENERGY STAR-rated appliances; installation of efficient lighting; connecting heat pumps and other highly efficient heating, ventilation, and air conditioning systems; and the construction of homes and commercial buildings using advanced materials like low-carbon concrete.

“Reaching $13 billion in customer savings is a major achievement for ComEd and for the region. It reflects years of sustained investment in energy efficiency that’s lowering costs and reducing emissions for customers,” said Paige Knutsen, executive director of the Midwest Energy Efficiency Alliance. “Just as important, these programs are creating demand for skilled workers across Illinois and building the workforce needed to deliver savings at scale. Continued investment in efficiency means more affordability today and a stronger energy future for our communities.”

The ComEd Energy Efficiency Program is one of several options that the energy company offers to help address rising energy supply costs — driven by increasingly extreme temperatures and supply-demand imbalances which account for nearly half of customers’ energy bills — that continue to impact families and businesses. ComEd does not set supply prices, which are passed on without profit to ComEd.

ComEd’s energy efficiency programs reflect the energy company’s dedication to The Exelon Promise. This customer-focused strategy from parent company Exelon aims to provide quick relief, strong protections and lasting solutions to rising energy costs. This includes:

  • the January launch of the Low-Income Discount (LID) program, which offers qualifying income-eligible ComEd customers percentage-based discounts on their electric bills based on income level up to 300% of the federal poverty level. These discounts are intended to reduce energy costs to 3% to 6% of total household income.

  • the January launch of ComEd’s Delivery Time-of-Day pricing rate, which helps households save money by shifting energy use to times when electricity prices are lower and demand is reduced.

  • last year’s launch of the $10 million Customer Relief Fund, which provided bill relief to more than 30,000 ComEd customers. Later this year, ComEd plans an extension of the program, which is launched in collaboration with its parent company, Exelon.

  • ongoing support for legislation that resulted in customers receiving bill credits of over $803 million — or approximately $13 a month depending on usage — over each of the first five months of this year.

ComEd residential customers can find energy efficiency services, incentives, and rebates at ComEd.com/HomeSavings, while business offerings are listed at ComEd.com/BizSavings.

To help customers sort through the full range of energy-efficiency and bill-assistance programs, ComEd offers its Smart Assistance Manager at ComEd.com/SAM. This online resource asks customers a few questions, then sorts through all the options ComEd has available to recommend personalized options. SAM will also provide links for more information and to apply.

ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 company and one of the nation’s largest utility companies, serving almost 11 million customers through six fully regulated transmission and distribution utilities — Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, and Pepco. 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, Instagram, LinkedIn, X, and YouTube.

ComEd Media Relations

312-394-3500

KEYWORDS: Illinois United States North America

INDUSTRY KEYWORDS: Environment Utilities Sustainability Green Technology Energy Climate Change

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