EXC

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

Retrieved on: 
Mercredi, mai 8, 2024
EV, Electric Vehicles, Automotive, Trucking, Transport, Utilities, Green Technology, Alternative Energy, Environment, Energy, Fleet Management, Sustainability, Education, Climate change, EXC, EVS, Level 2, Air pollution, Exelon, Commonwealth, Electricity, Business, Commonwealth Edison, Renewable energy

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: 
Mardi, avril 30, 2024
Energy, Other Energy, Utilities, Transfer, Delmarva Power, Humidity, EXC, EVS, Investment, Radio, Weather, BGE, Research, Wind, DER, Pepco, Commonwealth Edison, Movement, EPRI, Temperature, PECO, Video game

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: 
Jeudi, avril 25, 2024
Other Energy, Automotive, EV, Electric Vehicles, Environment, Alternative Energy, Green Technology, Energy, DOE, EXC, EVS, Respiratory Health Association, Investment, Level 2, Greenhouse gas, CEJA, Commonwealth, MUD, Sustainable energy, Electricity, Transport, Illinois College of Optometry, Exelon, Patient, Commonwealth Edison, Faculty, ICO, Student, Illinois College, Atmosphere, Asthma, Climate, Air pollution, Renewable energy

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: 
Vendredi, avril 12, 2024
Energy, Other Energy, Utilities, Oil, Gas, EXC, PECO Energy Company, Natural gas, New York Stock Exchange, OTC, Annual report, Commitment, Security (finance), Trust, Electricity, Part Two, Financial statement, Security, Result, Exelon, Risk, American Academy of Actuaries, Analysis, ITEM, PECO

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.

ComEd Announces Elmhurst Substation Expansion Project to Power Regional Economic Growth

Retrieved on: 
Mercredi, avril 10, 2024
Other Energy, Automotive, Utilities, EV, Electric Vehicles, Other Construction & Property, Energy, Construction & Property, EXC, EVS, Weather, Commonwealth, Electricity, Exelon, Commonwealth Edison, KV, Investment, Engineering, Electric power

ComEd today announced the expansion of its 345,000-volt (345 kV) Elmhurst transmission substation, a critical infrastructure investment that will prepare the region for future power needs and increase resiliency of the transmission system.

Key Points: 
  • ComEd today announced the expansion of its 345,000-volt (345 kV) Elmhurst transmission substation, a critical infrastructure investment that will prepare the region for future power needs and increase resiliency of the transmission system.
  • Investments to expand the substation will support continued dependability for existing customers and will allow for future capacity upgrades to be made to foster continued economic and business growth for the region.
  • Following the upgrades to this substation, ComEd will be able to increase high-voltage transmission capacity in the region as demand continues to grow.
  • By increasing the number of connective pathways from substation to substation, ComEd is hardening the high-voltage transmission system to perform better during severe weather.

ComEd Job Training Programs Graduate Nearly 80 Area Residents

Retrieved on: 
Mercredi, avril 10, 2024
State, Local, Human Resources, Urban Planning, Environmental, Social and Governance (ESG), Building Systems, Labor, Other Construction & Property, Professional Services, Public Policy, Government, DEI (Diversity, Equity and Inclusion), Other Energy, Construction & Property, Utilities, Alternative Energy, Energy, Other Education, Continuing, Training, Education, CDL, EXC, Woman, Commercial, Commonwealth, Partnership, Electricity, Female, STEM, Exelon, Occupational safety and health, Construction worker, Commonwealth Edison, Workforce, Construction, Community, OSHA, Nursing

Community, corporate and workforce partners joined ComEd today for a graduation ceremony to celebrate 78 new graduates of two ComEd job training programs, the CONSTRUCT Infrastructure Academy and Craft Academy .

Key Points: 
  • Community, corporate and workforce partners joined ComEd today for a graduation ceremony to celebrate 78 new graduates of two ComEd job training programs, the CONSTRUCT Infrastructure Academy and Craft Academy .
  • “ComEd will need skilled workers to help us to continue building a grid of the future that meets our customers’ evolving energy needs,” said Gil Quiniones, CEO of ComEd .
  • Since 2022, ComEd has hired more than 400 entry-level workers through the continuous expansion of training opportunities such as CONSTRUCT and Craft Academy.
  • To learn more on how to enroll in ComEd job training programs, please visit www.ComEd.com/CleanEnergyJobs , or contact [email protected] .

ComEd Joins Village of University Park, Will County Department of Health, Crete-Monee School District 201U & Other Community Organizations to Bring Support Services Directly to Families in Need

Retrieved on: 
Mercredi, mars 20, 2024
Other Energy, Utilities, Environment, Oil, Gas, Alternative Energy, Green Technology, Energy, EXC, Electricity, Education, Community health, Senior, Village, Exelon, Commonwealth, Commonwealth Edison

To help individuals and families gain access to critical support services, including utility bill assistance, ComEd today joined a community resource fair organized by the Village of University Park, the Will County Department of Health, Crete-Monee School District 201U and other community organizations to bring much-needed services directly to those who need it most.

Key Points: 
  • To help individuals and families gain access to critical support services, including utility bill assistance, ComEd today joined a community resource fair organized by the Village of University Park, the Will County Department of Health, Crete-Monee School District 201U and other community organizations to bring much-needed services directly to those who need it most.
  • ComEd’s appearance at the Community Health, Education, Jobs & Trades Resource Fair marks the first in a series of community events ComEd will attend in 2024.
  • “ComEd is proud to work with local organizations across the village of University Park to help bring resources directly to families and individuals,” said Melissa Washington , ComEd's Chief Customer Officer and Senior Vice President of Customer Operations.
  • ComEd’s participation in community resource fairs is the latest in an ongoing effort to expand the range of support options available to customers, particularly income-eligible families and individuals.

ComEd Refiles Multi-Year Grid Plan to Advance Region’s Economic, Climate and Equity Goals

Retrieved on: 
Jeudi, mars 14, 2024
Utilities, Environment, Sustainability, Alternative Energy, Green Technology, Energy, Climate Change, EXC, Electricity, ICC, Partnership, CEJA, Climate, Commission, PA Consulting Group, Illinois Commerce Commission, Exelon, Commonwealth, Commonwealth Edison, Renewable energy

In December of 2023, the ICC rejected ComEd’s original multi-year grid plan, requiring ComEd to file a revised grid plan in 90 days, and asking the company for a plan that includes additional focus on affordability, cost effectiveness and benefits to equity investment eligible communities (EIECs).

Key Points: 
  • In December of 2023, the ICC rejected ComEd’s original multi-year grid plan, requiring ComEd to file a revised grid plan in 90 days, and asking the company for a plan that includes additional focus on affordability, cost effectiveness and benefits to equity investment eligible communities (EIECs).
  • “We heard the Commissioners’ concerns and have worked diligently these past three months to create a plan that is responsive to their feedback while positioning ComEd to help the state achieve its clean energy and equity goals,” said Gil Quiniones, ComEd President and CEO .
  • As electricity plays a larger role in the daily lives of customers and communities, the need to preserve ComEd’s nation-leading reliability is critical.
  • For the second year in a row, it was recognized by PA Consulting, which named ComEd the most reliable utility in the U.S in 2023.

ComEd Proposes Discount Program to Reduce Energy Burden for Income-Eligible Customers

Retrieved on: 
Mardi, mars 12, 2024
Philanthropy, Other Energy, Utilities, Oil, Gas, Other Philanthropy, Energy, EXC, Electricity, PIPP, SARP, ICC, Percentage, FPL, Laas, LIHEAP, Commission, Illinois Commerce Commission, Government, LID, Exelon, Commonwealth, Commonwealth Edison

ComEd yesterday presented a proposal to the Illinois Commerce Commission (ICC) outlining a new Low-Income Discount (LID) program to help income-eligible customers manage their energy bills.

Key Points: 
  • ComEd yesterday presented a proposal to the Illinois Commerce Commission (ICC) outlining a new Low-Income Discount (LID) program to help income-eligible customers manage their energy bills.
  • The proposed program would enable qualifying customers to receive a percentage-based discount on their monthly electric bill determined by income level.
  • “ComEd’s newly proposed low-income discount program builds upon our longstanding commitment to keep bills affordable for all customers,” said Gil Quiniones , President and CEO, ComEd.
  • The program will also promote opportunities for low-income households to participate in the ComEd Energy Efficiency Program, which helps customers manage energy use to save money on future energy bills.

ComEd Earns National Recognition for Outstanding Outage Management in 2023

Retrieved on: 
Mardi, mars 5, 2024
Utilities, Energy, Aircraft, Commonwealth Edison, Tornado, Chicago Fire Department, EEI, Weather, UAS, Gold, Climate change, Attention, EXC, Exelon, Communication, Electricity, Commonwealth, Emergency management, PA Consulting Group, Face, Renewable energy

Following the honor of being named the nation’s most reliable utility in 2023 , ComEd today announced that it has been recognized by Chartwell , a utility-focused research organization, with three awards for its outstanding outage management in 2023.

Key Points: 
  • Following the honor of being named the nation’s most reliable utility in 2023 , ComEd today announced that it has been recognized by Chartwell , a utility-focused research organization, with three awards for its outstanding outage management in 2023.
  • The Chartwell Outage Best Practices Awards recognize excellence among electric and gas utilities in the areas of Outage Operations and Outage Communications.
  • ComEd also received the Bronze Outage Operations Award for is Area Restoration Management teams, a new approach to managing restoration efforts in hard-hit regions.
  • Earlier this year, ComEd received two awards for exceptional response efforts in 2023 from EEI and also received the 2023 Reliability One® Outstanding System Reliability Award , presented to ComEd by PA Consulting in November of 2023.