New Energy Efficiency Benefits Coming to Illinois Consumers
ComEd and Illinois Clean Job Coalition Celebrate $2.5 Billion in
Customer Savings; Future Energy Jobs Act Expands Energy Efficiency
Programs and Savings
CHICAGO–(BUSINESS WIRE)–ComEd’s Energy Efficiency Program has excelled to new heights. To date,
ComEd customers have saved a record-breaking $2.5 billion through energy
efficiency programs and will save even more with a new plan to be filed
under the Future Energy Jobs Act (FEJA) that will nearly double savings
for customers and reduce electricity use in Illinois by 21 percent by
2030.
Today ComEd, along with members of the Illinois Clean Jobs Coalition,
celebrated the milestone that has led to ComEd’s recent ranking as one
of the top 10 most energy-efficient utilities in the nation by the
American Council for an Energy-Efficient Economy (ACEEE). The
celebration took place at Shedd Aquarium, which has saved nearly 1.5
million kWh and $131,000 through ComEd’s Energy Efficiency Program.
ComEd also announced it will file on Friday with the Illinois Commerce
Commission a new program that will provide energy efficiency funding of
$350 million per year for each of the next four years.
The expanded energy efficiency funding is a key provision of FEJA,
passed by the Illinois General Assembly and signed into law by Governor
Rauner last year. Through FEJA, which went into effect this month,
ComEd’s investments in energy efficiency programs will almost double by
2030. Significant funding will be provided to grow existing programs for
residential and business customers, such as product rebates, energy
assessments, weatherization offerings and retrofitting initiatives.
There also will be significant funding for low-income energy efficiency
programs and research and development of new and innovative products and
services.
“Through FEJA, one of the nation’s best performing energy efficiency
programs will get even better with more funding and innovation, bringing
even greater value and savings to our customers,” said Fidel Marquez,
senior vice president, Governmental & External Affairs, ComEd.
Energy efficiency investments made through FEJA also will create
thousands of clean energy jobs through expanded programs and energy
innovation, while also preserving low rates and creating a competitive
economic advantage for Illinois.
“About 85,000 people in Illinois work in the field of energy efficiency.
Those people are in cities across Illinois, including in the low-income
communities that we serve,” said Anne Evens, CEO of Elevate Energy. “The
Future Energy Jobs Act (FEJA) will push that number higher, as more
customers and more types of facilities will be encouraged to take
advantage of energy efficiency.”
“Illinois already enjoys some of the lowest electricity bills in the
Midwest because of energy efficiency, and the Future Energy Jobs Act
expands on that, establishing one of the nation’s most ambitious
efficiency programs,” said Dave Kolata, executive director of the
Citizens Utility Board (CUB). “Residential customers will enjoy at least
$4 billion in lower electric bills over the lifetime of the law, which
also includes important safeguards to cap any cost impact on consumers,”
he said.
Shedd Aquarium has committed to reducing their energy consumption in
half by 2020. Over the last four years they have conducted a number of
sustainable projects, including: installed 913 solar panels on the roof
of the aquarium, retrofitted more than 1,000 light fixtures with LED
lightbulbs and most recently, installed a one-megawatt lithium ion
battery storage system to offset its consumption of energy from local
power plants.
“Shedd Aquarium is the perfect place to celebrate the program’s $2.5
billion milestone, as they demonstrate what can be accomplished by
investing in sustainable and energy-efficient business practices,” said
Marquez. In addition, to help jumpstart customer savings, ComEd gave
away 250 energy efficiency products to customers visiting the Aquarium,
including smart thermostats, power cords, and more.
For more information on the ComEd Energy Efficiency Program, visit ComEd.com/HomeSavings
for residential customers and ComEd.com/BizSavings
for business customers.
About ComEd
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 3.9 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.
About Elevate Energy
Elevate Energy works across Illinois and throughout the Midwest
designing and implementing efficiency programs that lower costs, protect
the environment, and ensure the benefits of energy efficiency reach
those who need them most.
About Citizen’s Utility Board
Created by the Illinois Legislature, CUB opened its doors in 1984 to
represent the interests of residential and small-business utility
customers. Since then, the nonprofit utility watchdog group has saved
consumers more than $20 billion by helping to block rate hikes and
secure refunds. For more details, call CUB’s Consumer
Hotline, 1-800-669-5556, or visit CUB’s award-winning website, www.CitizensUtilityBoard.org.
About Illinois Clean Jobs Coalition
The Illinois Clean Jobs Coalition includes more than 200
environmental, faith, consumer and environmental justice organizations
and clean energy businesses working to increase renewable energy and
energy efficiency in Illinois. For more information, visit http://ilcleanjobs.org.
Contacts
ComEd
Annette Martinez, 312-618-8704
or
Illinois Clean
Jobs Coalition
Billy Weinberg, 312-485-4363
or
CUB
Jim
Chilsen, 312-513-1784
or
Elevate Energy
Amber
Vignieri, 773-278-0912