NASDAQ:EXC

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

Retrieved on: 
木曜日, 5月 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: 
金曜日, 5月 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: 
木曜日, 5月 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.

Customers Save $9 Billion in Energy Costs Through Award-Winning ComEd Energy Efficiency Program

Retrieved on: 
月曜日, 5月 13, 2024

ComEd today announced that hundreds of thousands of customers have saved a total of $9 billion on their energy bills through the company’s Energy Efficiency program.

Key Points: 
  • ComEd today announced that hundreds of thousands of customers have saved a total of $9 billion on their energy bills through the company’s Energy Efficiency program.
  • The project is expected to reduce Association House’s total operational costs by $18,000 a year while saving enough energy to reduce its carbon emissions.
  • In addition to energy bill savings, Association House also qualified for $90,000 in incentives through the program to help defray the cost of its investment.
  • Recipients of the EPA’s 2024 ENERGY STAR Partner of the Year Award for Sustained Excellence are selected through a network of thousands of ENERGY STAR partners.

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

Retrieved on: 
水曜日, 5月 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.

Resideo and BGE Announce Partnership to Expand Demand Response Program in Maryland

Retrieved on: 
火曜日, 4月 30, 2024

SCOTTSDALE, Ariz., April 30, 2024 /PRNewswire/ -- Resideo Technologies (NYSE: REZI), a leading global provider of solutions for home comfort, energy management, security, and safety, and Baltimore Gas and Electric (BGE), the largest electric and natural gas utility company in Maryland, today announced a new partnership to expand BGE's Connected Rewards℠ program, allowing more customers to play an important role in proactively balancing the grid by reducing the overall demand for electricity during periods of peak usage.

Key Points: 
  • Resideo and BGE will work together to predict, identify and proactively react to peak demand events and optimize energy use, all while maintaining customer comfort.
  • The partnership with Resideo will provide BGE with access to additional thermostats across central Maryland, enabling greater load distribution and peak demand reduction.
  • "BGE's partnership with Resideo will continue to evolve load management programs that will allow all BGE customers to contribute to ensuring reliable electricity in central Maryland," said Divesh Gupta, Director of Customer Solutions for BGE.
  • "We look forward to growing this program with BGE as needs and demand continue to evolve well into the future."

Exelon Reports First Quarter 2024 Results

Retrieved on: 
木曜日, 5月 2, 2024

Exelon Corporation (Nasdaq: EXC) today reported its financial results for the first quarter of 2024.

Key Points: 
  • Exelon Corporation (Nasdaq: EXC) today reported its financial results for the first quarter of 2024.
  • Exelon's GAAP Net Income for the first quarter of 2024 decreased to $0.66 per share from $0.67 per share in the first quarter of 2023.
  • Adjusted (non-GAAP) Operating Earnings for the first quarter of 2024 decreased to $0.68 per share from $0.70 per share in the first quarter of 2023.
  • ComEd's first quarter of 2024 GAAP Net Income decreased to $193 million from $241 million in the first quarter of 2023.

ComEd, Partners Announce Expanded Summer Job Training for Teens Interested in the Trades

Retrieved on: 
水曜日, 5月 1, 2024

Interested students are encouraged to apply through YMCA or Goodwill now through May 31.

Key Points: 
  • Interested students are encouraged to apply through YMCA or Goodwill now through May 31.
  • The program is one example of how ComEd is growing opportunities for local youth and residents to prepare for roles in the fast-growing clean energy sector in Illinois.
  • A recently commissioned study by ComEd , reveals that as many as 150,000 clean energy jobs will arrive in Illinois by 2050.
  • Those interested in applying for the program through the YMCA can learn more details and apply here .

Exelon Corporation Declares Dividend

Retrieved on: 
火曜日, 4月 30, 2024

The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.38 per share on Exelon’s common stock. The dividend is payable on Friday, June 14, 2024, to Exelon’s shareholders of record as of 5 p.m. Eastern time on Monday, May 13, 2024.

Key Points: 

The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.38 per share on Exelon’s common stock. The dividend is payable on Friday, June 14, 2024, to Exelon’s shareholders of record as of 5 p.m. Eastern time on Monday, May 13, 2024.

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

Retrieved on: 
火曜日, 4月 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.