ComEd energy efficiency program savings hit $4M mark

Published on May 23, 2019 by Kevin Randolph

© Shutterstock

ComEd announced Tuesday that its customers had saved a total of $4 billion on their electricity bills through the ComEd Energy Efficiency Program, which the company introduced in 2008.

The savings equal approximately $1,000 for each of ComEd’s 4 million customers, the average amount that residential customers spend on their electricity bills in a year, the company said.

“Our energy efficiency offerings help offset customer electric bills while helping to reduce our collective environmental footprint,” Jane Park, senior vice president of customer operations for ComEd, said. “Because ComEd is committed to helping our customers save, we will continue to expand on what is one of the largest energy-efficiency programs in the nation.”

The ComEd Energy Efficiency Program offers assessments, rebates, discounts, and recycling programs to customers to help them reduce energy use and save money.

The program has saved customers more than 35 million megawatt-hours of electricity since 2008, the company said, which is the equivalent of eliminating approximately 44 billion pounds of carbon emissions from the atmosphere or removing more than 4 million cars from the road for a year.

The program also helped drive the purchase of more than 130 million energy-efficient light bulbs and provided more than $956 million in incentives to customers for energy-efficiency improvements.

ComEd also provides energy-saving offerings to income-eligible and public-sector customers as a result of the Future Energy Jobs Act. In 2018, more than 44,400 income-eligible customers participated in offerings.

“ComEd believes all customers should have access to safe, reliable and affordable energy,” Park said. “And these programs help our customers save money while helping the environment.”