{"id":989570,"date":"2026-08-04T15:00:00","date_gmt":"2026-08-04T19:00:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/comed-marks-350-million-in-distributed-generation-rebates-with-streamwood-park-district-solar-installation\/"},"modified":"2026-08-04T15:00:00","modified_gmt":"2026-08-04T19:00:00","slug":"comed-marks-350-million-in-distributed-generation-rebates-with-streamwood-park-district-solar-installation","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/comed-marks-350-million-in-distributed-generation-rebates-with-streamwood-park-district-solar-installation\/","title":{"rendered":"ComEd Marks $350 Million in Distributed Generation Rebates with Streamwood Park District Solar Installation"},"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>ComEd Marks $350 Million in Distributed Generation Rebates with Streamwood Park District Solar Installation<\/b><\/p>\n<p class=\"bwalignc\"><i><b>Village of Streamwood\u2019s park district joins thousands of customers reducing upfront solar costs to realize long-term bill savings through ComEd rebates<\/b><\/i><\/p>\n<p>CHICAGO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nComEd today highlighted the growing momentum of customer-owned renewable energy across northern Illinois, announcing that its Distributed Generation (DG) program has exceeded $350 million in rebates and incentives while presenting the Streamwood Park District with more than $94,000 to support its solar installation at the Park Place Family Recreation Center. To date, ComEd has 1.8 GW of distributed generation on its grid.<\/p>\n<p>\nEstablished under the Future Energy Jobs Act and later expanded and enhanced by the Climate and Equitable Jobs Act, the DG rebate program helps reduce barriers to clean energy adoption by offsetting the cost of installing solar, wind and battery systems for both community solar projects, which send electricity directly to the power grid for use by many customers, and customer-sited projects, which generate electricity on a home, business, or facility and is used primarily by that customer to reduce their electric bill.<\/p>\n<p>\nThe program has grown significantly since 2019 and issued a record $80 million to customers in 2025. ComEd will surpass that number in 2026, having paid out more than $68 million year-to-date.<\/p>\n<p>\nCompleted in late November 2025, the facility\u2019s rooftop array is expected to generate nearly 435,000 kWh of electricity annually. The Streamwood Park District estimates the system will save more than $50,000 per year, resulting in an anticipated $1 million return on investment over its 20-year lifespan. The park district spent more than $800,000 to install the system and estimates a five-year return on investment thanks to offsets delivered by ComEd\u2019s DG rebate program in combination with additional incentives like the Energy Credit Refund and Renewable Energy Credits (RECs). Together, these programs help make clean energy projects more affordable, delivering long-term operational savings that can be reinvested into other facilities and programs that serve local residents.<\/p>\n<p>\n\u201cStreamwood Park District\u2019s continued investment in solar demonstrates that the variety of clean energy rebates and incentives successfully encourages customers to pursue cost-saving, sustainable energy installations that benefit the environment and reduce monthly bills,\u201d<b> said Andy Plenge, vice president of strategy and energy policy at ComEd.<\/b> \u201cThe Streamwood community will benefit from this investment for decades.&#8221;<\/p>\n<p>\nIn addition to this system, the Park District leases solar panels on other facilities, plans to install solar panels on its future maintenance facility, and is in queue for community solar with the intention of powering all operations across their portfolio with solar in the future.<\/p>\n<p>\n\u201cThe Streamwood Park District values enhancing and protecting our natural environment and resources. This project, along with other environmentally friendly projects, looks to reduce pollution and energy related costs and maintain the beauty of the park system for the benefit of current and future generations,\u201d <b>said Jeffrey Janda, executive director of the Streamwood Park District<\/b>. \u201cOverall savings from the program will help fund additional improvements to be made within the park system and helps enhance the quality of life in our diverse community through parks and recreation.&#8221;<\/p>\n<p>\n\u201cCongratulations to the Streamwood Park District on completing this important solar project and investing in our community\u2019s future. This project shows what is possible when local leaders make thoughtful decisions that support environmental responsibility and long-term sustainability,\u201d <b>said Billie D. Roth, village president<\/b>. \u201cThe benefits of this investment extend beyond one building and will help shape a healthier, more resilient community for current and future residents.\u201d<\/p>\n<p>\n\u201cIllinois continues to lead the way with clean energy, and Streamwood Park District is setting a power example on how local government can achieve our state\u2019s sustainability goals,\u201d <b>said State Senator Cristina Castro (D-Elgin)<\/b>. \u201cParks are climate safe havens in our community, and the introduction of solar energy continues our efforts towards clean energy.\u201d<\/p>\n<p>\nComEd offers the DG Rebate to help offset out-of-pocket costs of installing a qualified renewable energy generating system and energy storage that is interconnected to the ComEd grid. A rebate requires the use of a smart inverter, which can communicate with ComEd to automatically support the smart grid when needed. Rebates of up to $300 per kilowatt (kW) of generating capacity are available for eligible distributed generation (DG) facilities. For more information visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.comed.com%2Fdgrebate&amp;esheet=54583340&amp;newsitemid=20260804951698&amp;lan=en-US&amp;anchor=comed.com%2Fdgrebate&amp;index=1&amp;md5=da745af42c5eac28540058d12b846d46\">comed.com\/dgrebate<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.comed.com%2Fsolar&amp;esheet=54583340&amp;newsitemid=20260804951698&amp;lan=en-US&amp;anchor=comed.com%2Fsolar&amp;index=2&amp;md5=a5d63a19a13c60be5d9e4f85d1af6555\">comed.com\/solar<\/a>.<\/p>\n<p>\nComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 energy company, serving almost 11 million electricity and natural gas customers \u2013 the largest number of customers in the U.S. ComEd powers the lives of more than 4.2 million customers across northern Illinois, or 70 percent of the state&#8217;s 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=54583340&amp;newsitemid=20260804951698&amp;lan=en-US&amp;anchor=ComEd.com&amp;index=3&amp;md5=72cb7cc9e1966fa95ed3c1c5a8e8c7f6\">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&amp;esheet=54583340&amp;newsitemid=20260804951698&amp;lan=en-US&amp;anchor=Facebook&amp;index=4&amp;md5=efca70e9e2e5f0208b43b1fbbc980327\">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=54583340&amp;newsitemid=20260804951698&amp;lan=en-US&amp;anchor=Instagram&amp;index=5&amp;md5=d8027b754a707408618f4e543207866f\">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=54583340&amp;newsitemid=20260804951698&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=6&amp;md5=4a871a001edfb176f503b97ff4ede0e8\">LinkedIn<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fx.com%2FComEd&amp;esheet=54583340&amp;newsitemid=20260804951698&amp;lan=en-US&amp;anchor=X&amp;index=7&amp;md5=00b0db64b7e6607bd6a7b3b3ea57d42e\">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=54583340&amp;newsitemid=20260804951698&amp;lan=en-US&amp;anchor=YouTube&amp;index=8&amp;md5=2cd28cb7a3d01a8f9246c88905393ece\">YouTube<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260804951698r1&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\/20260804951698\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260804951698\/en\/<\/a><\/span><\/p>\n<p>\nComEd Media Relations<br \/>\n<br \/>1\u2011312\u2011394\u20113500<\/p>\n<p><b>KEYWORDS:<\/b> Illinois United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Energy Utilities Oil\/Gas Consumer Coal Nuclear Public Policy\/Government Alternative Energy Energy Environment Sustainability Other Consumer Green Technology State\/Local<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>ComEd Marks $350 Million in Distributed Generation Rebates with Streamwood Park District Solar Installation Village of Streamwood\u2019s park district joins thousands of customers reducing upfront solar costs to realize long-term bill savings through ComEd rebates CHICAGO&#8211;(BUSINESS WIRE)&#8211; ComEd today highlighted the growing momentum of customer-owned renewable energy across northern Illinois, announcing that its Distributed Generation (DG) program has exceeded $350 million in rebates and incentives while presenting the Streamwood Park District with more than $94,000 to support its solar installation at the Park Place Family Recreation Center. To date, ComEd has 1.8 GW of distributed generation on its grid. Established under the Future Energy Jobs Act and later expanded and enhanced by the Climate and Equitable Jobs Act, the DG &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/comed-marks-350-million-in-distributed-generation-rebates-with-streamwood-park-district-solar-installation\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ComEd Marks $350 Million in Distributed Generation Rebates with Streamwood Park District Solar Installation&#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-989570","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ComEd Marks $350 Million in Distributed Generation Rebates with Streamwood Park District Solar Installation - 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\/comed-marks-350-million-in-distributed-generation-rebates-with-streamwood-park-district-solar-installation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ComEd Marks $350 Million in Distributed Generation Rebates with Streamwood Park District Solar Installation - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ComEd Marks $350 Million in Distributed Generation Rebates with Streamwood Park District Solar Installation Village of Streamwood\u2019s park district joins thousands of customers reducing upfront solar costs to realize long-term bill savings through ComEd rebates CHICAGO&#8211;(BUSINESS WIRE)&#8211; ComEd today highlighted the growing momentum of customer-owned renewable energy across northern Illinois, announcing that its Distributed Generation (DG) program has exceeded $350 million in rebates and incentives while presenting the Streamwood Park District with more than $94,000 to support its solar installation at the Park Place Family Recreation Center. To date, ComEd has 1.8 GW of distributed generation on its grid. 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To date, ComEd has 1.8 GW of distributed generation on its grid. 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