{"id":915868,"date":"2025-12-03T13:23:02","date_gmt":"2025-12-03T18:23:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/over-803-million-coming-to-comed-customers\/"},"modified":"2025-12-03T13:23:02","modified_gmt":"2025-12-03T18:23:02","slug":"over-803-million-coming-to-comed-customers","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/over-803-million-coming-to-comed-customers\/","title":{"rendered":"Over $803 Million Coming to ComEd Customers"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Over $803 Million Coming to ComEd Customers<\/b><\/p>\n<p class=\"bwalignc\"><i>Payment Created by Climate and Equitable Jobs Act to Protect Customers<\/i><\/p>\n<p>CHICAGO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nComEd today announced that over $803 million will be returned to customers under the framework established in Illinois\u2019 Climate and Equitable Jobs Act (CEJA) enacted in 2021, which requires nuclear plants to pay customers when prices are high. ComEd residential and commercial customers can expect to benefit from these funds in the form of bill credits, with the average residential customer expected to receive approximately $13 a month, depending on usage, over the first five months of the year.\n<\/p>\n<p>\nThe funds are being returned as part of the CEJA\u2019s Carbon Mitigation Credit (CMC) program that provided price support to select Illinois nuclear units that were scheduled to be closed. Importantly, that statute<b \/>protected ComEd customers from over-paying in the event that federal policymakers also stepped up to support nuclear generation.\n<\/p>\n<p>\nThe 2021 CEJA law created the CMC program to support carbon-free nuclear generation facilities and in return, provide an adjustment to ComEd customers if energy prices exceed the agreed-upon price determined in CEJA. The CMC program is in effect for five years, through 2027, and can result in a credit or a charge depending on energy prices.\n<\/p>\n<p>\n\u201cComEd will always advocate on behalf of our customers, and we are encouraged to see significant savings being passed through to them as a result of Illinois\u2019 leadership in clean energy policy,\u201d <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.comed.com%2Fabout-us%2Fleadership-values&amp;esheet=54368473&amp;newsitemid=20251203782200&amp;lan=en-US&amp;anchor=said+Gil+Quiniones%2C+president+and+CEO+of+ComEd.&amp;index=1&amp;md5=020b031767998a9e420eea073cb84b1f\"><b>said Gil Quiniones, president and CEO of ComEd.<\/b><\/a><b \/>\u201cThanks to the foresight and leadership of Governor Pritzker and the Illinois General Assembly, CEJA puts our customers on a path to a cleaner future while upholding our commitment to ensuring sustainability and affordability.\u201d\n<\/p>\n<p>\nThe savings from the $803 million in credits reported on the nuclear generators\u2019 tax returns will automatically reduce what customers pay, and no action is required by customers to receive the credit.\n<\/p>\n<p>\nWhile future prices cannot be forecast with certainty, the CMC program is expected to continue providing credits, based on market prices, for at least another year, helping to offset supply cost increases and support families during periods of economic uncertainty.\n<\/p>\n<p>\nComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 company and one of the nation\u2019s largest utility companies, serving more than 10.7 million electricity and natural gas customers. ComEd <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fpoweringlives.comed.com%2F&amp;esheet=54368473&amp;newsitemid=20251203782200&amp;lan=en-US&amp;anchor=powers+the+lives&amp;index=2&amp;md5=5701407bcfed8aa1f7d0e7bd220816b4\">powers the lives<\/a> of more than 4 million customers across northern Illinois, or 70 percent of the state\u2019s population. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.comed.com%2F&amp;esheet=54368473&amp;newsitemid=20251203782200&amp;lan=en-US&amp;anchor=ComEd.com&amp;index=3&amp;md5=471100a155ae32556973f6ec02493f0c\">ComEd.com<\/a>, and connect with the company on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2FComEd%2F&amp;esheet=54368473&amp;newsitemid=20251203782200&amp;lan=en-US&amp;anchor=Facebook&amp;index=4&amp;md5=009b5c0f0e6f4cda5f5da1c680d38307\">Facebook<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Fcomed%2F&amp;esheet=54368473&amp;newsitemid=20251203782200&amp;lan=en-US&amp;anchor=Instagram&amp;index=5&amp;md5=a00fe22ac920ac65658ea78ee32ce66e\">Instagram<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcomed%2F&amp;esheet=54368473&amp;newsitemid=20251203782200&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=6&amp;md5=a9b8ec193f169e889d3ec552b50c00da\">LinkedIn<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fx.com%2FComEd&amp;esheet=54368473&amp;newsitemid=20251203782200&amp;lan=en-US&amp;anchor=X&amp;index=7&amp;md5=5fd43e65feed154842604536397272cb\">X<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.youtube.com%2Fuser%2FCommonwealthEdison%2FComEd&amp;esheet=54368473&amp;newsitemid=20251203782200&amp;lan=en-US&amp;anchor=YouTube&amp;index=8&amp;md5=644f05dcf292fe17844454a5b957a328\">YouTube<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251203782200r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20251203782200\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20251203782200\/en\/<\/a><\/span><\/p>\n<p>\nComEd Media Relations<br \/>\n<br \/>312-394-3500\n<\/p>\n<p><b>KEYWORDS:<\/b> Illinois United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Public Policy\/Government Other Energy Utilities White House\/Federal Government State\/Local Alternative Energy Energy Nuclear<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Over $803 Million Coming to ComEd Customers Payment Created by Climate and Equitable Jobs Act to Protect Customers CHICAGO&#8211;(BUSINESS WIRE)&#8211; ComEd today announced that over $803 million will be returned to customers under the framework established in Illinois\u2019 Climate and Equitable Jobs Act (CEJA) enacted in 2021, which requires nuclear plants to pay customers when prices are high. ComEd residential and commercial customers can expect to benefit from these funds in the form of bill credits, with the average residential customer expected to receive approximately $13 a month, depending on usage, over the first five months of the year. The funds are being returned as part of the CEJA\u2019s Carbon Mitigation Credit (CMC) program that provided price support to select &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/over-803-million-coming-to-comed-customers\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Over $803 Million Coming to ComEd Customers&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-915868","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Over $803 Million Coming to ComEd Customers - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/over-803-million-coming-to-comed-customers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Over $803 Million Coming to ComEd Customers - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Over $803 Million Coming to ComEd Customers Payment Created by Climate and Equitable Jobs Act to Protect Customers CHICAGO&#8211;(BUSINESS WIRE)&#8211; ComEd today announced that over $803 million will be returned to customers under the framework established in Illinois\u2019 Climate and Equitable Jobs Act (CEJA) enacted in 2021, which requires nuclear plants to pay customers when prices are high. ComEd residential and commercial customers can expect to benefit from these funds in the form of bill credits, with the average residential customer expected to receive approximately $13 a month, depending on usage, over the first five months of the year. 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