EXC

ComEd Readies for Severe Weather Across Northern Illinois

Retrieved on: 
Donnerstag, Juni 13, 2024

In anticipation of significant weather coming to northern Illinois on Thursday evening, ComEd is preparing for potential power outages as it gets equipment and additional crews in place.

Key Points: 
  • In anticipation of significant weather coming to northern Illinois on Thursday evening, ComEd is preparing for potential power outages as it gets equipment and additional crews in place.
  • Public safety is paramount, and ComEd encourages customers to take the following precautions:
    If a downed power line is spotted, immediately call ComEd at 1-800-EDISON1 (1-800-334-7661).
  • In the event of an outage, do not approach ComEd crews working to restore power to ask about restoration times.
  • ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state’s population.

Exelon’s $10 Million Investment Milestone Fuels Urban Growth and Local Opportunity

Retrieved on: 
Donnerstag, Juni 6, 2024

Exelon launched the $36 million fund in partnership with the Exelon Foundation in 2022, to help businesses in under-resourced Exelon communities grow and prosper by expanding access to capital.

Key Points: 
  • Exelon launched the $36 million fund in partnership with the Exelon Foundation in 2022, to help businesses in under-resourced Exelon communities grow and prosper by expanding access to capital.
  • ($600,000) Washington, D.C.: A provider of construction management real estate development, primarily focusing on supporting public-private partnership projects.
  • Public Sector Solutions Group (PS2G) ($600,000) Washington, D.C.: A provider of technology systems integration that supports the full-life cycle of software development.
  • To learn more about Exelon’s efforts to support the diverse communities we serve, visit: Diversity, Equity and Inclusion .

ComEd Reminds Customers of Billing Assistance, Energy Management Tools Available to Help Lower Costs this Summer

Retrieved on: 
Mittwoch, Juni 5, 2024

With meteorologists forecasting that summer temperatures in Illinois and nationwide could be the hottest on record , ComEd reminds customers of options available to help pay electric bills before summer usage increases.

Key Points: 
  • With meteorologists forecasting that summer temperatures in Illinois and nationwide could be the hottest on record , ComEd reminds customers of options available to help pay electric bills before summer usage increases.
  • Luckily, ComEd has options to help customers manage both bills and usage.
  • Fresh Start Services provides customers with both online and person-to-person support on options available to manage bills and energy use.
  • To help customers manage energy usage and lower future bills, ComEd’s energy efficiency program includes services and incentives to help income-eligible residential customers reduce energy use now and in the long term.

ComEd Launches Program to Grow Diverse Pipeline of Energy-Efficiency Businesses and Entrepreneurs

Retrieved on: 
Donnerstag, Mai 30, 2024

The result is more opportunities for families and businesses to take advantage of energy-efficiency offerings that can save them money and energy.

Key Points: 
  • The result is more opportunities for families and businesses to take advantage of energy-efficiency offerings that can save them money and energy.
  • Both are designed to help grow the talent pipeline needed to supply ComEd and its partners working in the EE space.
  • Community Collaboration: To assist in the identification and recruitment of local, diverse businesses and entrepreneurs into MDI, ComEd collaborates with community-based, faith-based, and other nonprofit organizations to raise awareness about the initiative.
  • MDI reaffirms ComEd’s commitment to collaborate with local, diverse businesses in the communities ComEd serves to share insights and best practices.

ComEd Completes One of Nation’s First Neighborhood Scale Community Microgrids in Bronzeville on Chicago’s South Side

Retrieved on: 
Freitag, Mai 24, 2024

ComEd today joined leaders from the U.S. Department of Energy (DOE), the City of Chicago and the community of Bronzeville to mark the completion of the Bronzeville Community Microgrid (BCM) – one of the nation’s first neighborhood scale community microgrids.

Key Points: 
  • ComEd today joined leaders from the U.S. Department of Energy (DOE), the City of Chicago and the community of Bronzeville to mark the completion of the Bronzeville Community Microgrid (BCM) – one of the nation’s first neighborhood scale community microgrids.
  • “This project is the culmination of nearly a decade of work with the Department of Energy, ComEd, and Bronzeville investing to make this a reality,” U.S.
  • Bronzeville was selected following a comprehensive study to evaluate locations where a microgrid could be located.
  • For more information visit ComEd.com , and connect with the company on Facebook , Instagram , LinkedIn , X , and YouTube .

ComEd Customers Benefit from Improved Reliability in the First Four Months of 2024

Retrieved on: 
Donnerstag, Mai 16, 2024

Customers saw a 13% reduction in the number of power outages and a 72% reduction in outage duration.

Key Points: 
  • Customers saw a 13% reduction in the number of power outages and a 72% reduction in outage duration.
  • “It wasn’t long ago that residents needed to have a flashlight at the ready because outages were expected.
  • In 2023, ComEd saw record reliability in several areas, including a reduction in the frequency of outages.
  • Since ComEd started smart grid improvements in 2012, it has improved overall reliability by more than 70 percent, helping customers avoid nearly 21.7 million outages and save more than $3.8 billion in outage-related costs.

ComEd Adds First All-Electric Bucket Trucks to Its Growing Fleet of Electric Vehicles

Retrieved on: 
Mittwoch, Mai 8, 2024

As part of its continued commitment to accelerate the electrification of transportation , ComEd today announced the addition of two new, all-electric bucket trucks to its fleet.

Key Points: 
  • As part of its continued commitment to accelerate the electrification of transportation , ComEd today announced the addition of two new, all-electric bucket trucks to its fleet.
  • A selection of ComEd’s electric fleet, including one of the new fully-electric bucket trucks, will debut at the Illinois Green Drives event on Thursday, May 9, 2024.
  • ComEd’s fleet electrification is part of an Exelon-wide climate initiative, Path to Clean , ComEd is on track to convert 50 percent of its vehicle fleet to electric by 2030.
  • ComEd has begun piloting new all-electric fleet trucks, and has a mix of nearly 1,000 all-electric, plug-in hybrid, or idle-mitigation vehicles in the queue.

Exelon Receives EPRI Technology Transfer Awards for Innovative Solutions Shaping the Future of Energy

Retrieved on: 
Dienstag, April 30, 2024

Three project teams led by Exelon (Nasdaq: EXC) engineers and innovators have been selected to receive Electric Power Research Institute’s (EPRI) 2024 Technology Transfer Awards.

Key Points: 
  • Three project teams led by Exelon (Nasdaq: EXC) engineers and innovators have been selected to receive Electric Power Research Institute’s (EPRI) 2024 Technology Transfer Awards.
  • These prestigious awards recognize projects that have incorporated EPRI’s cutting-edge research to help accelerate the adoption of sustainable energy solutions.
  • EPRI and a group of 10 companies worked together to identify the functions of DER gateways.
  • Going forward, ComEd will standardize these wind diverters knowing they provide a measurable benefit preventing severe conductor galloping.

ComEd Joins Bronzeville Community to Unveil New Public EV Chargers

Retrieved on: 
Donnerstag, April 25, 2024

Because densely populated areas have limited access to EV charging, and fewer parking lots to accommodate public charging infrastructure, curbside charging will be critical for EV adoption in these areas.

Key Points: 
  • Because densely populated areas have limited access to EV charging, and fewer parking lots to accommodate public charging infrastructure, curbside charging will be critical for EV adoption in these areas.
  • Since the start of this pilot in 2022, the five Bronzeville chargers installed throughout the community have served nearly 300 unique drivers, and more than 2,800 charging sessions.
  • The chargers are strategically placed throughout the Bronzeville community to support individuals living in multi-unit dwellings (MUDs), including apartment complexes and condominium buildings.
  • As a ComEd Community of the Future , Bronzeville is a key example of the clean energy transformation happening in Illinois.

PECO to Voluntarily Delist Capital Trust Receipts from NYSE

Retrieved on: 
Freitag, April 12, 2024

PECO Energy Company (“PECO”) announced today that it will voluntarily delist the Trust Receipts of PECO Energy Capital Trust III (the “Trust”), each representing a 7.38 percent Cumulative Preferred Security, Series D, $25 stated value, issued by PECO Energy Capital, L.P. and unconditionally guaranteed by PECO (the “Securities”), from The New York Stock Exchange (the “NYSE”).

Key Points: 
  • PECO Energy Company (“PECO”) announced today that it will voluntarily delist the Trust Receipts of PECO Energy Capital Trust III (the “Trust”), each representing a 7.38 percent Cumulative Preferred Security, Series D, $25 stated value, issued by PECO Energy Capital, L.P. and unconditionally guaranteed by PECO (the “Securities”), from The New York Stock Exchange (the “NYSE”).
  • PECO has not arranged for the Securities to be listed on another national securities exchange or for quotation of its security in a quotation medium (i.e., the OTC market).
  • Financial Statements and Supplementary Data: Note 18, Commitments and Contingencies; and (2) other factors discussed in filings with the SEC by PECO.
  • Headquartered in Philadelphia, PECO delivers energy to nearly 1.7 million electric customers and more than 552,000 natural gas customers in southeastern Pennsylvania.