ComEd Seeks to Jumpstart Solar, Other Renewables in Illinois

ICC filing proposes $250 per kW Rebate for Renewable Supply in
Illinois

CHICAGO–(BUSINESS WIRE)–Today ComEd announced its filing with the Illinois Commerce Commission
(ICC) to establish the Distributed Generation Rebate Tariff that creates
a rebate offering business customers and community supply projects $250
per kilowatt.

Made possible by the Future Energy Jobs Act (FEJA), the Distributed
Generation Rebate tariff, once approved, together with the Community
Supply filing the ICC approved in September 2017, will greatly expand
options for business customers to develop solar projects – whether
through their own solar installations or through a Community
Solar/Supply project. Solar developers have expressed strong interest in
the rebates, which help offset the upfront costs of establishing a solar
project, benefiting customers, solar developers, and communities looking
to take advantage of solar energy.

“ComEd is committed to helping to grow solar and other renewables in
Illinois. Today’s filing, once approved, will provide funding to help
our customers reap the benefits of this key provision of FEJA,” said
Anne Pramaggiore, ComEd president and CEO.

Certain existing business customers with distributed generation
facilities that were interconnected prior to June 1, 2017 are also
eligible for this rebate.

FEJA pivots Illinois to the new clean energy economy, saving and
creating thousands of clean energy jobs and providing job training for
the future workforce, while also creating significant consumer and
environmental benefits. This comprehensive, bipartisan legislation
jumpstarts renewable in Illinois, while also increasing funding for
energy efficiency programs and job training efforts, creating more than
$7 billion in consumer savings and reducing the amount CO2 in the air
equivalent to removing 9 million cars from the road for one year.
Further, the Act contains significant programs for low-income
communities and extends ComEd’s customer assistance programs through
2021.

Commonwealth Edison Company (ComEd) is a unit of Chicago-based Exelon
Corporation (NYSE: EXC), the nation’s leading competitive energy
provider, with approximately 10 million customers. ComEd provides
service to approximately 4 million customers across northern Illinois,
or 70 percent of the state’s population. For more information
visit ComEd.com,
and connect with the company on Facebook,
Twitter
and YouTube.

Contacts

ComEd Media Relations
(312) 394-3500