Exelon Corp (OQ:EXC)
Business Focus: Electric Utilities
Apr 16, 2024 12:45 pm ET
Delmarva Power Receives Recognition From EPA and DOE for Its Energy Efficiency Programs in Maryland
Company recognized for helping customers save more than one million megawatt-hours in energy and more than $1.1 billion on their bills since 2009
Apr 15, 2024 02:30 pm ET
Gov. Pritzker Joins ComEd to Present G&W Electric with Record High $2.6 Million Rebate for Largest Commercial Solar/Storage Installation in Illinois
Illinois Governor JB Pritzker today joined ComEd to present G&W Electric of Bolingbrook, Ill., with a record high Distributed Generation (DG) Rebate of $2.6 million for the construction of a massive solar-plus-storage project at its global headquarters and manufacturing center southwest of Chicago. Created by the Future Energy Jobs Act in 2017 and expanded by the Illinois Climate and Equitable Jobs Act in 2021, ComEd’s DG Rebate program has awarded $130 million in rebates since inception. It is available to commercial, industrial, and residential customers that install an eligible distributed
Apr 14, 2024 01:25 pm ET
Chris Crane, Former CEO of Exelon, Passed Away at 65
Exelon is saddened to announce the death of Chris Crane, who served as the company’s president and chief executive officer from 2012 until his retirement in Dec. 2022. Crane steered Exelon through several transformational milestones including the successful mergers with Constellation Energy in 2012 and Pepco Holdings in 2016, creating the largest utility business by customer count, and the later creation of a standalone transmission and delivery company with the spinoff of the generation and retail energy business as Constellation Energy in 2022. Crane died on April 13 in Chicago.
Apr 12, 2024 04:05 pm ET
PECO to Voluntarily Delist Capital Trust Receipts from NYSE
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”). Given the relatively low trading volume of the Securities on the NYSE over a sustained period of time and the limited number of holders of the Securities, PECO believes that the financial and administrative costs associate
Apr 12, 2024 11:15 am ET
Delmarva Power Inspires Eastern Shore Students With Junior Achievement
NORTHAMPTON, MA / ACCESSWIRE / April 12, 2024 / We recently participated in Junior Achievement of the Eastern Shore's "Inspire" event, which drew over 4,000 8th-grade students across Maryland's Eastern Shore. The event aimed to introduce students to various career opportunities, where our employees' provided insights into careers within the utility industry. Students engaged in hands-on activities, such as exploring our drones, practicing line-worker precision and boarding one of our bucket trucks.
Apr 10, 2024 03:23 pm ET
ComEd, Chicago Park District Invite Illinois Residents to Enter Sweepstakes to Turn on Iconic Buckingham Fountain
ComEd, in collaboration with the Chicago Park District is thrilled to announce the return of the
Apr 10, 2024 11:29 am ET
ComEd Job Training Programs Graduate Nearly 80 Area Residents
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
Apr 10, 2024 10:45 am ET
Delmarva Power Customers Experienced Company's Most Reliable Service, Thanks to Electric Grid Performance and Resiliency Enhancements
Infrastructure projects to build a smarter, stronger and cleaner energy grid support a 54 percent overall decrease in outages over 10 years.
Apr 10, 2024 09:00 am ET
ComEd Announces Elmhurst Substation Expansion Project to Power Regional Economic Growth
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. Construction is now underway, with the project expected to be complete by December 2025. 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.
Apr 05, 2024 11:45 am ET
Delmarva Power Reminds Customers To Know What’s Below During National Safe Digging Month
The first step in any digging project is calling 811
Mar 25, 2024 12:46 pm ET
ComEd, HIRE360 Accepting New Applications for Take Charge EV Pre-Apprenticeship Program
ComEd and HIRE360, a nonprofit that connects underserved minority businesses and communities to jobs in the building trades across the region, today announced the return of Take Charge: EV Charging Pre-Apprenticeship program. Piloted last year, the program was designed to prepare area residents with the skills training for construction trades roles supporting the growing electric vehicle (EV) industry in Illinois. Applications are being accepted now through March 29 at
Mar 25, 2024 12:15 pm ET
Delmarva Power Boosts Efforts With Diverse Suppliers, Purchasing a Record $190 Million in 2023
Company's supplier diversity efforts highlight dedication to its local and diverse communities
Mar 21, 2024 10:50 am ET
How Does Your Power Company Celebrate Global Recycling Day?
NORTHAMPTON, MA / ACCESSWIRE / March 21, 2024 / Delmarva Power
Mar 20, 2024 02:30 pm ET
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
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.
Mar 19, 2024 11:15 am ET
Fueling Progress: Honoring Natural Gas Utility Workers
NORTHAMPTON, MA / ACCESSWIRE / March 19, 2024 / On March 18th, we celebrate Natural Gas Utility Workers Day, an annual occasion dedicated to honoring the commitment and hard work of those who ensure the smooth flow of natural gas to our customers, regardless of weather or time of day. For the ninth consecutive year, we pay tribute to our employees who maintain over 3,600 miles of natural gas pipeline, serving more than 140,000 customers in New Castle County.
Mar 14, 2024 03:30 pm ET
Delmarva Power Supports Helen F. Graham Cancer Center
NORTHAMPTON, MA / ACCESSWIRE / March 14, 2024 / Earlier this month, Delmarva Power presented a donation of $2,605 to the Helen F. Graham Cancer Center and Research Institute, located within Christiana Hospital in Newark, Delaware. This contribution was made possible through the dedication of our field employees from our New Castle Regional Office. Our employees organized a fundraising event to support a colleague's family member who was recently diagnosed with cancer.
Mar 14, 2024 01:57 pm ET
ComEd Refiles Multi-Year Grid Plan to Advance Region’s Economic, Climate and Equity Goals
As directed by the Illinois Commerce Commission (ICC), ComEd today submitted to the ICC a refiled multi-year grid plan that will increase access to the benefits of clean and renewable energy in alignment with the Climate and Equitable Jobs Act (CEJA). 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).
Mar 12, 2024 12:31 pm ET
ComEd Proposes Discount Program to Reduce Energy Burden for Income-Eligible Customers
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. Those with household incomes less than or equal to 50% of the Federal Poverty Level (FPL) will receive the greatest discount. However, customers with household incomes up to 300% of the FPL will be still eligible for a discount. ComEd hopes to begin providi
Mar 05, 2024 02:18 pm ET
ComEd Earns National Recognition for Outstanding Outage Management in 2023
Following the honor of being named the nation’s most reliable utility in 2023, ComEd today announced that it has been recognized by
Feb 29, 2024 11:00 am ET
Exelon Announces Retirement of Chief Investment Officer Doug Brown
Exelon (Nasdaq, EXC) announced today the retirement of Doug Brown, senior vice president and chief investment officer. Upon Brown’s retirement on July 1, 2024, Jessica Hart, currently Exelon’s vice president of Investment Strategy and Public Markets, will be promoted to senior vice president and chief investment officer. Hart will lead the team responsible for managing all of Exelon’s investment activities including pension funds, defined contribution plans and other employee benefit trusts.
Feb 27, 2024 01:55 pm ET
ComEd’s Innovative Efforts to Support Low-Income Customers Receive North American Industry Award
The Smart Energy Consumer Collaborative (SECC) today named ComEd one of just six electric utilities in the U.S. and Canada to receive its 2024 Best Practices Awards. The SECC recognized ComEd with its Consumer Education Award for launching a series of
Feb 21, 2024 10:30 am ET
Delmarva Power and the Arbor Day Foundation Provide Free Trees for Energy-Efficient Living
Company to make 600 trees available to residential customers, in turn reducing costs, improving energy efficiency and furthering sustainability
Feb 21, 2024 06:50 am ET
Exelon Reports Fourth Quarter and Full Year 2023 Results and Initiates 2024 Financial Outlook
Exelon Corporation (Nasdaq: EXC) today reported its financial results for the fourth quarter and full year 2023.
Feb 19, 2024 10:45 am ET
Feb 14, 2024 03:30 pm ET
ComEd Reminds Customers of Weekend Customer Information System Upgrade
This week, ComEd plans to launch a large-scale initiative to update its existing customer information system, which will allow ComEd to better support its more than 4 million residential and business customers, while improving the way customers interact with their energy company.
Feb 14, 2024 01:00 pm ET
Helping Cats Find Homes in Bucks County
NORTHAMPTON, MA / ACCESSWIRE / February 14, 2024 / Delmarva Power
Feb 12, 2024 11:45 am ET
Delmarva Power Advocates for Continued Energy Assistance Funding and Reminds Customers To Act Now To Secure Support
More than 22,000 customers were connected to approximately $35 million in energy assistance, including more than $15.5 million from LIHEAP in 2023
Feb 08, 2024 03:15 pm ET
Delmarva Power Delivers More Than Energy for Its Community
NORTHAMPTON, MA / ACCESSWIRE / February 8, 2024 / Delmarva Power is proud to partner with more than 200 local non-profits in Delaware and Maryland that support neighbors in need, advance career opportunities, and create a stronger, more connected community.
Feb 08, 2024 11:43 am ET
ComEd Announces New EV Rebates for Business and Public Sector Customers; Applications to Open February 15
As part of a larger investment to accelerate an equitable adoption of electric vehicles (EVs) in northern Illinois, ComEd is launching two new business and public sector EV rebate programs. New programs will provide a total of $87 million this year to help reduce upfront costs of all-electric commercial and
Feb 06, 2024 04:05 pm ET
Exelon Announces Executive Leadership Changes
Exelon (Nasdaq, EXC) announced today that Mike Innocenzo, currently president and chief executive officer of Exelon subsidiary PECO, has been promoted to executive vice president and chief operating officer of Exelon, reporting to Exelon President and Chief Executive Officer Calvin Butler. Innocenzo will oversee all utility operations and the CEOs of BGE, ComEd, PECO and PHI will report to him. He will also be responsible for the Cyber & Information Security Services, Corporate Physical Security, IT, Safety, Supply, Training and Transmission Strategy & Compliance organizations. Dave Velazquez,
Feb 02, 2024 12:38 pm ET
ComEd Celebrates 47 New Lineworkers Completing Apprenticeship
ComEd today joined union and community leaders to recognize 47 new lineworkers joining the ranks of America’s most reliable electric utility. ComEd’s newest graduates of its overhead apprenticeship program completed industry-aligned training at one of three regional training centers based in Ch
Feb 01, 2024 12:49 pm ET
ComEd Encourages Residential Customers to Apply for New EV Charger and Installation Rebate
As part of a larger investment to accelerate an equitable adoption of electric vehicles (EVs) in northern Illinois, ComEd today launched a new rebate program to increase access to EV chargers. Through the $5 million EV Charger and Installation Rebate Program, ComEd customers can receive
Jan 31, 2024 12:33 pm ET
ComEd Customers Benefit from Nation-Leading Reliability, Clean Energy Gains
A stronger, more modernized grid is needed to both withstand the challenges of more frequent severe weather due to climate change and to support a cleaner energy future that will bring improved air quality to northern Illinois communities as more solar energy, electric vehicles (EV) and other all-electric technologies are adopted. ComEd today announced that, in 2023, the company delivered a variety of exceptional benefits to the 9 million people it serves, including enhanced reliability, expanded access to clean energy resources and the launch of new programs to support customers in need.
Jan 22, 2024 10:43 am ET
ComEd Reminds Customers of Billing Assistance, Energy Management Tools Available During Severe Cold
Following two periods of sub-freezing temperatures over the past two weeks, households and businesses across northern Illinois may have had to significantly increase their energy use, which could result in higher-than-expected bills for some customers. To help them navigate the situation, ComEd reminds customers that a variety of financial assistance programs are available and urges customers to contact the energy company immediately if they face difficulty paying their electric bills.
Jan 13, 2024 07:00 am ET
ComEd Restores Power to 99 Percent of Customers Impacted by Winter Snow Storm
After significant snowstorms, which dropped 6 – 8 inches of wet, heavy snow, and recorded wind gusts of 55 MPH, moved through northern Illinois Friday morning, ComEd crews have restored power to more than 152,500 customers, approximately 99 percent of the 153,500 customers impacted by the storm. The hardest hit areas were Chicago and the northern areas of Illinois.
Jan 11, 2024 12:23 pm ET
ComEd Named National Emergency Response Award Recipient for Outstanding Emergency Response Efforts
ComEd was recognized by The Edison Electric Institute (EEI), a national association that represents all American investor-owned electric companies, with two awards for its outstanding emergency recovery and assistance efforts in 2023: The Emergency Assistance Award, recognizing ComEd’s assistance efforts restoring service to homes and businesses in the Midwest following the June 2023 derecho, a widespread, fast-moving collection of thunderstorms with destructive winds, and the Emergency Recovery Award, recognizing ComEd for its exemplary recovery efforts in response to severe thunderstorms and
Jan 09, 2024 01:13 pm ET
ComEd Receives Premier Industry Awards for Equity-Centered Energy Efficiency and Electrification Programs
The Midwest Energy Efficiency Alliance (MEEA) announced ComEd is being honored with dual Inspiring Efficiency Awards. The awards recognize innovative programs that help income-eligible customers and businesses in low-income communities across northern Illinois take advantage of energy-efficiency and electrification offerings that can help them manage energy bills and support the environment.
Dec 19, 2023 10:49 am ET
ComEd Energy Efficiency Program Provides $8 Million in Incentives to Support 57 Affordable Housing Developments
To support the development of more energy-efficient, affordable-housing units across northern Illinois, while improving the comfort of the residents who reside there, ComEd has provided more than $8 million in incentives via 57 projects, or approximately 3,300 affordable-housing units since 2017.
Dec 19, 2023 09:00 am ET
Joint Effort by Exelon and Transportation Electrification Advocates Shows the Electric School Bus Transition Will Provide Wide-Ranging Health, Environmental and Societal Benefits
Exelon (Nasdaq, EXC), in partnership with CALSTART, EPRI,
Dec 18, 2023 11:57 am ET
ComEd Invites Local Students to Apply for College Scholarships of Up to $10,000 Each
ComEd today announced it is now accepting applications for $200,000 worth of college scholarships made available through its Future of Energy Scholars program, created for Illinois students pursuing degrees in STEM. Now through January 14, 2024, high school and college students can apply for scholarships of up to $10,000 each and the chance to intern with ComEd.
Dec 13, 2023 11:00 am ET
ComEd, EPRI Collaborate on Sustainable Electric Technology to Help Grow Healthy Food Year-Round
To help bring more locally sourced produce into communities, while supporting education opportunities in agriculture, ComEd is collaborating with EPRI, an independent, nonprofit energy R&D institute, to install four agricultural pods (ag pods) across northern Illinois.
Dec 12, 2023 01:27 pm ET
ComEd Expanding High Voltage Substation in Wilton Center to Enable Largest Cluster of Wind and Solar Projects in Illinois and PJM Region
ComEd today announced an expansion of its 765,000-volt (765 kV) Wilton Center substation, a critical infrastructure investment that will enable the largest cluster of utility-scale onshore wind and solar projects interconnected to the Illinois electric grid to date and in the PJM energy market. The substation expansion is expected to be complete and proposed wind farms are expected to be operational in late 2026.
Dec 07, 2023 01:51 pm ET
ComEd, Metropolitan Mayors Caucus Announce the First 12 Northern Illinois Communities to be Named “EV Ready”
ComEd and the Metropolitan Mayors Caucus (Caucus) today celebrated the first class of communities to complete the
Dec 07, 2023 11:45 am ET
Gov. Pritzker Joins ComEd and Reactivate in Chicago Heights to announce the 100th Community Solar Site in Northern Illinois – One of the First in a Cook County Environmental Justice Community
“Since day one as Governor, I’ve made it my mission to advance clean energy throughout our state, ushering in a new era of environmental justice and sustainability for every community,” said Governor J.B. Pritzker. “That’s why, in 2021, I signed my administration’s landmark Climate and Equitable Jobs Act (CEJA), which increased funding for the Illinois Solar for All program, giving lower-income customers access to initiatives like Reactivate’s Verduin community solar project. This is exactly the kind of partnership that benefits our communities, our environment, and our economy all in one, and
Dec 06, 2023 04:05 pm ET
Exelon Appoints Bryan Segedi to Board of Directors
Exelon (Nasdaq: EXC) today announced that its Board of Directors has elected Bryan Segedi as a director. Segedi, 64, held a distinguished career at Ernst & Young LLP (EY), most recently serving as deputy global vice chair, Assurance.
Dec 05, 2023 12:16 pm ET
ComEd, CSL Highlight Completion of New Electrical Substation to Serve Kankakee Plant, Support Continued Regional Economic Growth
ComEd today joined CSL, a global biotherapeutics company, and local partners to highlight the completion of a new electrical substation that will power CSL Behring’s growing operations and enhance regional power infrastructure. The new 5.6-acre substation is located next to CSL’s 140-acre campus in Kankakee County, the company’s only U.S. manufacturing center. The completion of the substation provides additional power capacity to serve the company’s growing manufacturing needs, contributing to the site's operational excellence and bringing enhanced power reliability to the area.
Dec 01, 2023 03:31 pm ET
ComEd Celebrates First Graduates of Technical Focused Career Training Program
ComEd today joined workforce partners and members of the community in celebrating the first graduating class of the 10-week Power Up Academy, a new career training program launched in partnership with local workforce agency Revolution Workshop to prepare job seekers for entry-level technical related roles t
Nov 15, 2023 11:00 am ET
ComEd, Better Business Bureau Find Latest Scams Bilking Customers Out of Larger Sums of Money
Based on a ComEd analysis of reported scams for the first eight months of 2023, the energy company found that, while the number of reported incidents stayed the same compared to 2021, the amount of money lost per incident increased significantly. In recognition of Utility Scam Awareness Day, which is Wednesday, Nov. 15, ComEd and th
Nov 08, 2023 12:05 pm ET
ComEd Awards Scholarships for Eight Chicagoland Students to Pursue STEM Degrees
A part of its commitment to support equity in science, technology, engineering and math (STEM) education, ComEd has named eight local students who are pursuing STEM-related degrees at Illinois Institute of Technology (Illinois Tech) and University of Illinois Chicago (UIC) as its 2023 ComEd Scholars.
Nov 06, 2023 11:09 am ET
ComEd, HIRE360 Celebrate First Graduating Class of New EV Pre-Apprenticeship Program
ComEd and HIRE360 today joined members of the community to recognize the first class of graduates of the Take Charge: Pre-Apprenticeship program, a first-of-its-kind program to prepare local residents for careers supporting the fast-growing electric vehicle (EV) industry in Illinois. A diverse class of 17 graduates
Nov 02, 2023 02:00 pm ET
ComEd Named Most Reliable Electric Utility in America
In recognition of ComEd’s successful efforts to provide industry- and nation-leading reliability for the more than 9 million people it serves in northern Illinois, PA Consulting, a consultancy that’s bringing ingenuity to life, yesterday awarded the electric company the 2023 ReliabilityOne® Outstanding System Reliability Award, as well as the 2023 ReliabilityOne® Award for Outstanding Reliability Performance in the Midwest Region.
Nov 02, 2023 06:50 am ET
Exelon Reports Third Quarter 2023 Results
Exelon Corporation (Nasdaq: EXC) today reported its financial results for the third quarter of 2023.
Nov 01, 2023 11:00 am ET
MEDIA ADVISORY: ComEd Energy Doctors are available for interviews to discuss what viewers, readers and listeners can do to lower energy bills ComEd Reminds Customers that End of Daylight Savings Time
With the conclusion of Daylight Savings Time Sunday, Nov. 5, longer nights and colder temperatures could mean an increase in energy use for many customers staying indoors longer and looking to stay warm. To help homeowners manage both energy use and the cost of their utility bills, ComEd’s Energy Doctors offer tips that involve little to no money to implement.
Oct 25, 2023 12:21 pm ET
ComEd, Metropolitan Mayors Caucus Award 18 Grants to Support Holiday Lights Events in Northern Illinois
Halloween is just around the corner, which means the holiday season is about to begin! Holiday celebrations are an important way for our communities to build connection and cheer. To support local holiday displays, ComEd and the Metropolitan Mayors Caucus today announced grants of up to $2,500 each for 18 northern Illinois communities as part of the annual ComEd Powering the Holidays Program.
Oct 18, 2023 05:01 pm ET
ComEd Hosts Over 2,000 High Schoolers from Northern Illinois to Discover Careers in Energy
ComEd today hosted more than 2,000 students from across the region for its annual Career Day, a regional event designed to inspire area youth to explore a wide range of career paths in the energy field. Company leaders and representatives were on hand to connect with students, with more than 100 job booths and exhibits, on-site technology demonstrations, and informational sessions offered to help students discover a variety of rewarding career opportunities that are being created by the clean energy transition.
Oct 18, 2023 03:49 pm ET
ComEd Customers to Benefit from $50M DOE Grant to Increase Power Grid Reliability and Resiliency in Rockford
Following a competitive process, the U.S. Department of Energy (DOE) selected ComEd to receive $50 million in federal funding to enhance the power grid’s ability to deliver affordable, clean energy to Illinois communities. The funds wil
Oct 12, 2023 01:01 pm ET
ComEd and SunVest Activate Community Solar Farms in Dekalb and Freeport
ComEd and SunVest Solar today announced the completion of four new community solar projects in northern Illinois – two each in Dekalb and Freeport. There are now 88 community solar projects operating in the ComEd service territory, enabling more ComEd customers to save money on their electric bills while supporting the expansion of renewable energy and Illinois’ clean energy goals.
Oct 09, 2023 12:52 pm ET
Rooftop Solar Adoption Accelerating in ComEd Service Territory
The future of solar energy is bright in northern Illinois as ComEd today announced that more than 51,000 Distributed Energy Resources (DER) have been connected to its smart electric grid as of September, including more than 49,000 residential rooftop solar systems and related energy storage facilities. This is a substantial increase from 837 rooftop solar systems connected to the ComEd grid in 2016, reflecting an annual growth rate of 53%. Year to date, ComEd has received a record volume of nearly 15,000 applications to connect solar resources to its grid, and through September, nearly 11,000
Oct 05, 2023 11:25 am ET
ComEd and Aclima Launch Hyperlocal Air-Quality Portal
To help communities identify areas with high concentrations of air pollutants, and develop programs to mitigate their negative effects, ComEd recently launched the first phase of an online, air-quality portal with Aclima, a climate technology leader specializing in block-level, hyperlocal air quality and greenhouse gas mapping and analysis.
Oct 03, 2023 12:00 pm ET
ComEd, Millennium Garages Announce Plans For 300 EV Chargers by 2026, Expanding Midwest's Largest Public EV Charging Hub
ComEd today joined Millennium Garages to highlight the first 100 electric vehicle (EV) chargers installed as part of a plan to offer up to 300 total EV chargers at the downtown Chicago parking complex by 2026. This expansive EV charging hub is made possible through technical and operational support from ComEd, Civic Infrastructure Collaborative, SP+ Corporation, and multiple EV charging partners. ComEd recently awarded $200,000 in energy efficiency incentives to support Millennium Garages in lowering its energy usage, reducing carbon emissions, and freeing up electrical capacity for clean tran
Oct 02, 2023 10:54 am ET
ComEd Encouraging 75 Latino Students to Pursue Careers in STEM During ComEd STEM Labs
As part of its annual Hispanic Heritage Month celebration and to help diversify the pipeline of students pursuing careers in science, technology, engineering and math (STEM) fields, ComEd hosted an event in which local Latino high school students worked alongside ComEd engineers to learn about batteries and STEM careers while building their own Bluetooth speakers.
Sep 28, 2023 04:14 pm ET
ComEd Reminds Customers of Bill-Assistance Options During the LIHEAP Application Period
As the state of Illinois prepares to launch the new, three-phase application period for utility-bill assistance through the Low-Income Home Energy Assistance Program (LIHEAP), ComEd reminds customers that it offers a wide-range of support options for customers of all income levels.
Sep 28, 2023 12:00 pm ET
ComEd, Regional Partners Win $500,000 Federal Award to Advance Planning for Electric Vehicles in Northern Illinois
ComEd, in partnership with the Chicago Metropolitan Agency for Planning (CMAP), the Respiratory Health Association (RHA), Argonne and Oak Ridge national laboratories, announced it has been selected by the U.S. Department of En
Sep 15, 2023 03:00 pm ET
26 Diverse Suppliers to Graduate ComEd Energy Efficiency Service Provider Incubator Program
To expand the network of service providers that can implement energy-efficiency improvements to help families and businesses save money and energy, ComEd today announced the graduation of 26 diverse-owned suppliers, or 27 suppliers overall, from this year’s
Sep 12, 2023 11:50 am ET
ComEd, League of Chicago Theatres Award 17 Arts Organizations More than $200,000 in Grants
To increase access to the arts in northern Illinois, ComEd and the League of Chicago Theatres today announced they have awarded a total of $205,000 in funding to local community arts organizations committed to fostering artistic accessibility in northern Illinois. Through ComEd’s annual Powering the Arts Program, individual grants of up to $25,000 each will go to 17 nonprofit organizations including local theaters, arts programs, cultural organizations and youth centers.
Sep 06, 2023 05:00 pm ET
David R. Perez Promoted to ComEd Chief Operating Officer
ComEd today announced that David R. Perez will assume the role of Executive Vice President and Chief Operating Officer of ComEd, effective January 1, 2024.
Aug 30, 2023 11:37 am ET
Customers Save More than $8 Billion on Energy Bills Through Award-Winning ComEd Energy Efficiency Program
Since 2008, hundreds of thousands of families and businesses across northern Illinois have saved a total of more than $8 billion on their energy bills by participating in the ComEd Energy Efficiency
Aug 29, 2023 04:21 pm ET
Exelon Crews and Equipment Headed to Florida to Assist With Power Restoration Following Hurricane Idalia
In a coordinated effort to provide much-needed support to communities in the path of Hurricane Idalia, Exelon is sending more than 100 contractor personnel to assist with power restoration following the storm’s landfall. Recognizing the urgency and the potential for the devastating impact of Hurricane Idalia, Exelon’s utility companies immediately began mobilizing resources to assist in efforts to ensure local Florida utility companies have what they need to ensure power loss is addressed safely and as quickly as possible.
Aug 29, 2023 11:11 am ET
ComEd Goats Celebrate a Successful Summer with a Chicago Stay-Cation
After two weeks of clearing seven acres of hard-to-reach brush under power lines in Matthiessen State Park in LaSalle County, Ill., ComEd’s four-legged employees are taking a Windy City Goat Tour to explore Chicago. Nearly a dozen goats will be driven around the goat-to spots in the city, while increasing awareness around ComEd’s goat vegetation management program—one of many programs which enables the utility to run one of the most reliable and
Aug 24, 2023 11:01 am ET
ComEd Facilities Now Powered with 100% Carbon-Free Energy
As part of its effort to address climate change and achieve net-zero operations, ComEd today announced that it now powers its entire real estate portfolio with 100% carbon-free energy in every hour of every day. In a first-of-its-kind solution, ComEd purchases its clean energy supply from Constellation, the nation’s largest producer of carbon-free energy and a leading competitive retail supplier of power and energy products and services.
Aug 23, 2023 10:00 am ET
ComEd Awards $250,000 to Expand Electric Vehicle Education in Illinois High Schools
Just in time for to the start of the school year, ComEd today announced the latest group of local high schools selected to participate in the EVs for Education program, which provides a total of $250,000 toward the purchase of electric vehicles (EVs) and EV charging equipment for use in driver’s education classes. Five northern Illinois high schools will each receive a $50,000 grant to purchase electric transportation technology, allowing students a unique opportunity to learn up close about the advantages of driving zero-emissions vehicles.
Aug 21, 2023 04:45 pm ET
ComEd Offers Customers Energy-Saving Tips to Manage Energy Use During Upcoming Heat Wave
With weather forecasts predicting multiple days of temperatures exceeding 90°F, ComEd is prepared to deliver safe and reliable electric service and offers tips to help families manage energy use for the remainder of the warm-weather season.
Aug 15, 2023 12:31 pm ET
ComEd, Openlands Award 25 Illinois Communities with Environmental Grants Worth Up to $10,000 Each
To prepare for a cleaner energy future and make necessary improvements to natural habitats and open green spaces in our communities, ComEd and Openlands today announced the 25 recipients of the 2023
Aug 10, 2023 02:57 pm ET
ComEd, Elevate, Illinois Green Alliance Win $4.5 Million Federal Infrastructure Grant to Support Building Decarbonization in Illinois
ComEd, Elevate, and Illinois Green today announced that a proposal to expand building electrification in Illinois has been selected for a $4.5 million grant from the U.S. Department of Energy (DOE). The grant award, made possible by the federal Infrastructure Investment and Jobs Act (IIJA), will support the launch of a new Chicago building performance Hub, a collaboration by ComEd, Elevate, Illinois Green Alliance and state and local partners to advance more sustainable building practices across Illinois.
Aug 09, 2023 11:38 am ET
ComEd Announces New Programs to Accelerate Adoption of EVs Across Northern Illinois
ComEd today joined with regional and municipal leaders to unveil its latest programs designed to accelerate the adoption of electrified technologies, including electric vehicles (EVs), in northern Illinois. As part of ComEd’s $231 million investment in new customer programs geared toward removing barriers to electrification, ComEd today announced a new EV Charging Delivery Rate option to incentivize the buildout of an expanded network of EV charging infrastructure to meet a growing need in the northern Illinois region.
Aug 07, 2023 11:52 am ET
Levi & Korsinsky LLP notifies shareholders of KHC, WFC, EXC, TV of pending class action settlements
Levi & Korsinsky informs shareholders of KHC, WFC, EXC, TV that a settlement has been reached in a pending class action lawsuit against each of these companies. To receive a pro-rata share of the settlement proceeds, members of the class must file...
Aug 07, 2023 11:00 am ET
ComEd Warns Customers of Scammers Demanding Payment Following String of High Temperatures
As temperatures rise and the use of fans and air conditioners increases, ComEd warns customers of bad actors eager to use the prospect of higher electric bills to scam individuals out of money.
Aug 04, 2023 04:36 pm ET
Josh Levin Promoted to Senior Vice President, Chief Financial Officer and Treasurer of ComEd
ComEd today announced that Josh Levin has been promoted to the company’s senior vice president, chief financial officer and treasurer, effective August 9. In this role, Levin, a 16-year veteran of ComEd and its parent company, Exelon, will be responsible for all ComEd’s finance activities, including financial planning and analysis, capital allocation, treasury, and risk management.
Aug 02, 2023 06:50 am ET
Exelon Reports Second Quarter 2023 Results
Exelon Corporation (Nasdaq: EXC) today reported its financial results for the second quarter of 2023.
Jul 29, 2023 11:21 pm ET
ComEd Restores Power to 99 Percent of Customers Impacted by Extreme Weather
After significant thunderstorms, strong winds and four confirmed tornados moved through northern Illinois Friday evening, ComEd crews have restored power to more than 121,000 customers, approximately 99 percent of the nearly 124,000 customers impacted by the storm. The hardest hit areas were in the southern part of our service territory, including Joliet and University Park, and the far western part of our service territory including Dixon, Freeport, and Rockford.
Jul 29, 2023 03:23 pm ET
ComEd Restores Power to More Than 110,000 Customers Following Extreme Weather
After significant thunderstorms and strong winds moved through northern Illinois Friday evening, ComEd crews have restored power to more than 110,000 customers, approximately 90 percent of the nearly 124,000 customers impacted by the storm. The hardest hit areas were in the southern part of our service territory, including Joliet and University Park, and the far western part of our service territory including Dixon, Freeport, and Rockford.
Jul 28, 2023 10:24 pm ET
Levi & Korsinsky LLP notifies shareholders of KHC, WFC, EXC, TV of pending class action settlements
NEW YORK, July 28, 2023 /PRNewswire/ -- Levi & Korsinsky informs shareholders of KHC, WFC, EXC, TV that a settlement has been reached in a pending class action lawsuit against each of these companies. To receive a pro-rata share of the settlement proceeds, members of the class must file a claim form by the designated dates as listed below:
Jul 27, 2023 05:00 pm ET
ComEd, YMCA of Metro Chicago Celebrate First Graduating Class of New High School Skills Training Program
ComEd and the YMCA of Metropolitan Chicago are celebrating the first graduating class of an all-new training program designed to prepare high school students for exciting career possibilities in the clean energy and utilities fields. Today 21 Chicago-area students successfully completed the ComEd CONSTRUCT Youth Academy, a paid training program which puts them steps closer to pursuing careers in the fast-growing growing clean energy sector in Illinois.
Jul 27, 2023 04:48 pm ET
ComEd Prepared for Extreme Summer Heat
Northern Illinois is anticipating extreme heat exceeding 90 degrees and forecasted summer rainstorms over the coming days. ComEd has been hard at work for the past several months to ensure the company’s critical electric infrastructure is prepared to handle increased demand during times of prolonged higher temperatures. This proactive effort also includes infrastructure work to strengthen the local energy grid to prevent outages caused by severe summer storms.
Jul 27, 2023 04:15 pm ET
Exelon Appoints Anna Richo to Board of Directors
Exelon (Nasdaq: EXC) today announced that its Board of Directors has elected Anna Richo as a director. Richo, 62, serves as general counsel, chief compliance officer, and corporate secretary for Cargill, Inc.
Jul 25, 2023 05:11 pm ET
Exelon Corporation Declares Dividend
The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.36 per share on Exelon’s common stock. The dividend is payable on Friday, September 8, 2023, to Exelon’s shareholders of record as of 5 p.m. Eastern time on Tuesday, August 15, 2023.
Jul 25, 2023 03:08 pm ET
Levi & Korsinsky LLP notifies shareholders of KHC, WFC, EXC, TV of pending class action settlements
Levi & Korsinsky informs shareholders of KHC, WFC, EXC, TV that a settlement has been reached in a pending class action lawsuit against each of these companies. To receive a pro-rata share of the settlement proceeds, members of the class must file...
Jul 25, 2023 11:54 am ET
ComEd Releases 2022 Diversity, Equity and Inclusion Annual Report
ComEd today released its 2022 Diversity, Equity and Inclusion (DEI) Annual Report: Keeping Up the Momentum. The report highlights the company’s DEI commitment to its 6,300 employees, more than 600 diversity-certified suppliers and the 9 million people it serves in communities throughout northern Illinois. It also outlines ComEd’s plans for continuing to develop a diverse future workforce and address long-standing inequities faced by under-resourced communities as the company invests to modernize the electrical grid and prepares for the demands of clean energy technology.
Jul 24, 2023 11:12 am ET
Ready, Set, STEM! 45 Young Women Prepare to Race Electric Vehicles in ComEd’s EV Rally on July 29
Forty-five young women from Chicagoland are preparing to put their pedals to the metal as they gear up for ComEd’s second annual EV Rally, a program that educates young women on electric vehicles (EVs), science, technology, engineering and math (STEM) principles and clean energy careers while connecting with female ComEd mentors. The ComEd EV Rally is d
Jul 20, 2023 11:54 am ET
ComEd Community Energy Assistance Ambassador Program Earns National Recognition
ComEd’s work to connect customers in need with bill assistance while also providing temporary, part-time employment to residents from low-income neighborhoods, was recently recognized by utility-industry association
Jul 19, 2023 01:34 pm ET
ComEd, Metropolitan Mayors Caucus Offer Grants to Power Community Light Events this Holiday Season
Communities may be more focused on outdoor festivals, fireworks and barbecues this summer, but it’s never too early to plan for the winter holiday season. For the third year, ComEd and the Metropolitan Mayors Caucus are encouraging communities and community organizations to apply for competitive grants of up to $2,500 each as part of the ComEd Powering the Holidays Program. The program supports community holiday lights events that represent the diverse cultures and traditions celebrated across northern Illinois.
Jul 18, 2023 12:06 pm ET
Colette D. Honorable to Join Exelon as Executive Vice President of Public Policy and Chief External Affairs Officer
Exelon (Nasdaq: EXC) today announced that it has named renowned energy policy leader Colette D. Honorable as the company’s executive vice president of Public Policy and Chief External Affairs Officer. Honorable will helm the company’s efforts to engage external stakeholders as it works to lead the energy transformation, with areas of oversight including federal and regulatory affairs, strategy and sustainability, customer engagement, marketing, communications, and corporate giving. Honorable assumes this role on Sept. 5, reporting to President and Chief Executive Officer Calvin Butler and join
Jul 11, 2023 12:38 pm ET
ComEd, Metropolitan Mayors Caucus Award Grants to 21 Communities to Advance EV Adoption, Public Safety Initiatives
To accelerate the adoption of electric vehicles (EVs) and other clean energy technologies and to support local public safety initiatives ComEd and the Metropolitan Mayors Caucus (MMC) today announced the 21 winners of the 2023 Powering Safe Communities grant program. The grants, totaling $169,500, will help support a variety of projects in communities across northern Illinois.
Jul 10, 2023 11:15 am ET
ComEd Announces New Power Up Academy to Expand, Diversify Pipeline of Technical Roles
ComEd and a coalition of employers are launching a first-of-its-kind career training program designed to build a diverse pipeline of technical talent to support the clean energy transition in Illinois. Training through this program will expand opportunities for area men and women to enter in-demand technical roles in the energy sector, without requiring a college degree. The new “Power Up Academy,” a collaboration with workforce partner Revolution Workshop, is now recruiting for a 10-week training program to prepare residents for entry-level technical roles that support engineering teams.
Jun 29, 2023 01:44 pm ET
ComEd’s New and Enhanced Online Solar Calculators Help Customers Navigate Clean Energy Options
ComEd today announced it has introduced new enhancements to its private rooftop and community solar calculators to make it easier for customers to learn more about costs, benefits and savings as demand for these options continues to grow and contribute to the goals of Illinois’ Climate and Equitable Jobs Act (CEJA), one of the nation’s most ambitious plans for renewable energy development.
Jun 26, 2023 11:14 am ET
56 Homes Now Fully Electric Through ComEd Low Income Whole Home Electrification Program
ComEd today announced a new milestone achieved in a program to advance the electrification of low-income homes across northern Illinois. To date, 56 single family homes have been retrofitted as part of ComEd’s Whole Home Electrification program, a first-of-its-kind initiative designed to convert single family and multi-unit homes to energy-saving, all-electric heating and cooling systems and appliances.
Jun 20, 2023 11:57 am ET
ComEd Awarded Nearly $15 Million Federal Infrastructure Grant to Enhance Grid Reliability, Help Close Digital Divide on Chicago’s South, West Sides
ComEd today announced that it was awarded a $14.5 million Middle Mile Grant by the U.S. Department of Commerce’s National Telecommunicati
Jun 13, 2023 11:35 am ET
ComEd Energy Efficiency Program Exceeds 2022 Goals of Saving Customers 11-million MWhs of Electricity
In 2022, the ComEd Energy Efficiency Program helped customers save more than 11 million megawatt hours (MWhs) of electricity. This performance exceeds the goal set forth by state law and is based on annual savings achieved from all energy-efficiency measures installed in a given year since 2012 that are still operational and producing energy savings. By ComEd’s calculations, this equates to customers saving nearly $1.3 billion on their electric bills last year.
Jun 12, 2023 05:01 pm ET
Climate Change Investment Initiative Paves the Way for Innovation in Baltimore
Startups whose products, services or technologies are focused on fighting climate change and improving the quality of life for residents of the Baltimore region and beyond, are encouraged to apply for an equity investment from 2c2i, a joint effort of the Exelon Foundation and Exelon Corporation (Nasdaq: EXC).
Jun 12, 2023 04:35 pm ET
Climate Change Investment Initiative Paves the Way for Innovation in Philadelphia
Startups whose products, services or technologies are focused on fighting climate change, and improving the quality of life for residents of the Philadelphia region and beyond, are encouraged to apply for an equity investment from 2c2i (Climate Change Investment Initiative), a joint effort of the Exelon Foundation and Exelon Corporation (Nasdaq: EXC).
Jun 12, 2023 04:04 pm ET
Climate Change Investment Initiative Paves the Way for Innovation in the District of Columbia
Startups whose products, services or technologies are focused on fighting climate change, and improving the quality of life for residents of the District of Columbia region and beyond, are encouraged to apply for an equity investment from 2c2i, a joint effort of the Exelon Foundation and Exelon Corporation (Nasdaq: EXC).
Jun 12, 2023 03:40 pm ET
Climate Change Investment Initiative Paves the Way for Innovation in Chicago
Startups whose products, services or technologies are focused on fighting climate change, and improving the quality of life for residents of Chicago and beyond, are encouraged to apply for an equity investment from 2c2i, a joint effort of the Exelon Foundation and Exelon Corporation (Nasdaq: EXC).
Jun 12, 2023 11:00 am ET
ComEd, YMCA of Metro Chicago Launch New High School Training Program to Boost Preparedness for the Trades
ComEd today called on Illinois high school students to apply for a new summer job training program, CONSTRUCT Youth Academy, launching next month in partnership with the YMCA of Metropolitan Chicago, to help more students from the area pursue a career in the construction and utilities trades. The CONSTRUCT Youth Academy is a paid, three-week program that will expose high school juniors and seniors to training needed to succeed in the skilled trades. Students interested in the program are encouraged to
Jun 07, 2023 11:00 am ET
ComEd, PLCCA Team Up to Help Low-Income Communities Benefit from Cleaner Energy Technologies
More than 400 families and businesses in environmental justice communities across Chicago and its suburbs are now pre-qualified for the installation of rooftop solar panels, with more getting help connecting to community solar programs.
Jun 06, 2023 02:20 pm ET
ComEd Awards Nearly $250,000 in Scholarships for Illinois Students Pursuing Future Careers in STEM
ComEd today announced it has awarded $247,500 in scholarships to 47 local students pursuing a college degree in science, technology, engineering, or math (STEM) this upcoming school year. Through the Future of Energy scholarship program, ComEd offers awards of up to $10,000 each with a goal of supporting more diverse, local students in pursuing education in STEM, which is increasingly important due to the clean energy transition underway in Illinois and around the country.
May 26, 2023 05:54 pm ET
ComEd Annual Energy Efficiency Investment Proposal Provides Customer Savings
Building on the award-winning ComEd Energy Efficiency Program, which saved customers $176 million on their electric bills in 2022, ComEd today filed a request with the Illinois Commerce Commission (ICC), which regulates the state’s public utilities, to expand energy efficiency investments in support of the Climate and Equitable Jobs Act (CEJA). The filing proposes an increase of $119 million compared to ICC-approved rates that went in effect in January of this year.
May 24, 2023 11:00 am ET
ComEd Reminds Customers to Apply for LIHEAP Bill Assistance by May 31 Deadline
As the May 31 application deadline approaches for the Low-Income Home Energy Assistance Program (LIHEAP), a federal program that helps families with energy costs, ComEd encourages eligible Illinois families and individuals to apply now while funding is available.
May 15, 2023 02:26 pm ET
ComEd Connects Record Number of Customers with Bill-Assistance Programs in First Quarter of 2023
During the first quarter of 2023, ComEd helped connect more than 87,000 eligible customers to more than $26 million in bill assistance. This is both the largest amount of assistance provided – and second-largest number of customers supported – for any first quarter dating back to at least 2019. In all of 2022, ComEd connected 211,000 eligible customers to nearly $129 million in assistance.
May 10, 2023 01:04 pm ET
Exelon Utilities Recognized With ENERGY STAR® Partner of the Year Awards
Exelon’s (Nasdaq: EXC) energy delivery companies, Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), ComEd, Delmarva Power (DPL), Philadelphia Energy Company (PECO) and Potomac Electric Power Company (Pepco), were each recognized with the ENERGY STAR® Partner of the Year Award, for the significant impact their energy efficiency programs are having in helping reduce greenhouse gas emissions and provide millions of dollars in savings for the company’s more than 10 million customers. The award is the highest recognition given by the U.S. Environmental Protection Agency (EP
May 04, 2023 01:59 pm ET
Power Grid Investments Increase ComEd Resilience to Severe Weather as Summer Approaches
With severe weather showing up early and often, and high summer temperatures placing more stress on the electric grid, ComEd has taken steps to ensure reliable energy for the 9 million people it serves in northern Illinois. Earlier today, ComEd presented its summer readiness plan and a look at its future work to the Illinois Commerce Commission (ICC).
May 03, 2023 06:50 am ET
Exelon Reports First Quarter 2023 Results
Exelon Corporation (Nasdaq: EXC) today reported its financial results for the first quarter of 2023.
May 01, 2023 01:48 pm ET
ComEd Submits Second-Annual Ethics and Compliance Report to the Illinois Commerce Commission
ComEd today submitted its 2023 Ethics and Compliance Report to state utility regulators at the Illinois Commerce Commission (ICC). The new report details actions taken by ComEd over the past year to ensure its 6,300 employees, as well as contractors, continue to follow the highest standards for ethical conduct, including compliance with all relevant laws and regulations.
Apr 28, 2023 02:58 pm ET
Exelon Foundation recognizes employees during National Volunteer Month for year-round volunteering efforts
Whether it’s helping people whose homes have been destroyed, children who need food or underserved areas that could benefit from new biking and walking trails, Exelon (Nasdaq: EXC) employees are dedicated to making a positive difference in their communities. In 2022 alone, volunteers gave 126,529 hours of their time to local nonprofits.
Apr 28, 2023 10:30 am ET
ComEd Program Prepares More than 80 Local Residents for Growing Clean Energy Jobs
Community members and corporate and workforce partners joined ComEd today for a graduation ceremony celebrating the newest cohort to complete the CONSTRUCT Infrastructure Academy and Craft Academy job training programs. Today, more than 80 local residents graduated from these prog
Apr 26, 2023 01:07 pm ET
Exelon Seeks Infrastructure Funding in Push to Lead Equitable Energy Transformation for Customers and Communities
Exelon (Nasdaq: EXC) today marked a milestone in the company’s efforts leading the energy transformation, finalizing its applications to bring federal funds through the bipartisan Infrastructure Investment and Jobs Act (IIJA) to the communities the company serves. The opportunities put forth through the Department of Energy’s (DOE) Smart Grid and Grid Resilience Grants will significantly improve grid resilience and readiness for clean energy infrastructure.
Apr 25, 2023 04:00 pm ET
Exelon Corporation Declares Dividend
The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.36 per share on Exelon’s common stock. The dividend is payable on Friday, June 9, 2023, to Exelon’s shareholders of record as of 5 p.m. Eastern time on Monday, May 15, 2023.
Apr 25, 2023 09:37 am ET
One-of-a-Kind Statewide Emergency Exercise Prepares Illinois for Severe Weather and Power-Related Events
To help ensure that critical infrastructure is protected and operations can be restored quickly when severe weather or other catastrophic events occur, ComEd has organized its fifth statewide drill—the only event of its kind led by an electric company in the U.S.—called “Operation Power Play.” The two-day event will bring together public and private agencies in Illinois to increase collaboration and test coordinated response efforts to significant weather, security and safety scenarios.
Apr 20, 2023 03:45 pm ET
ComEd Programs Help Public Schools Reduce Both Energy Use and Carbon Footprint
For Downers Grove Grade School District 58, a recent assessment of 12 of its school facility buildings uncovered a plan that can reduce the district’s carbon footprint by cutting electricity use by 34 percent, while saving nearly $40,000 a year in energy costs.
Apr 20, 2023 11:14 am ET
ComEd Announces 80th Community Solar Project in Northern Illinois
ComEd and Summit Ridge Energy today announced the completion of three community solar projects in Streator, Ill., including the 80th Community Solar project in ComEd’s northern Illinois service region. The projects will enable residents to save money on their ComEd electric bills while su
Apr 19, 2023 12:11 pm ET
ComEd Rebates for Rooftop Solar Reach $100 Million
ComEd industrial and commercial customers, as well as schools and churches, have received a total of $100 million in rebates from the electric company for rooftop solar installations, including the St. Paul Lutheran Church and School in the Norwood Park neighborhood, which was presented today with a rebate check for $27,580.70. Established in 2019, ComEd’s distributed generation (DG) rebate program reduces the upfront costs of installing solar systems and spurs renewable energy development across northern Illinois.
Apr 18, 2023 11:56 am ET
Fifth-Grade Students Learn How to Meet Future Energy Needs Through ComEd's Power of STEM Program
Twenty-five 5th-grade students of James R. Doolittle Elementary School are the latest to receive hands-on learning about the intricacies of electricity as part of ComEd’s Power of STEM education course.
Apr 14, 2023 01:14 pm ET
ComEd Invests $963 Million with Diversity-Certified Suppliers in 2022
As part of its longstanding effort to advance equity in the communities it serves, ComEd spent $963 million, or 43% of its total supply chain spend, with businesses owned by women, people of color and veterans in 2022. This brings its spend with diversity-certified suppliers since 2012 to $7.4 billion. Maintaining its commitment to local investment, ComEd spent $651 million of its total diverse spend last year with Illinois-based suppliers.
Apr 13, 2023 11:42 am ET
Illinois Residents Can Enter Sweepstakes to Turn on Buckingham Fountain for Summer
ComEd and the Chicago Park District are pleased to announce the return of the Switch on Summer celebration for its ninth consecutive year. Members of the community are invited to Grant Park where ComEd and the Chicago Park District will switch on Buckingham Fountain to mark the unofficial start o
Apr 12, 2023 01:00 pm ET
ComEd EV Rally Helps Make the Future (of STEM) Female
With the end of the school year in sight, ComEd is excited for the return of the ComEd EV Rally, its signature summer program to support more women in science, technology, engineering and math (STEM). Young women in Illinois can
Apr 01, 2023 09:53 am ET
ComEd Restores Power to More Than 70,000 Customers Following Spring Storms
After significant thunderstorms, wind and tornados moved through northern Illinois Friday evening, ComEd crews have restored power to more than 70,000 customers. The hardest hit areas are the northern and western areas of Illinois including Rockford and Dixon. Approximately 23,000 customers remain without power as of 8:00 am, Saturday, April 1 while ComEd and contractor crews work 24/7 to restore service to all remaining customers as quickly and safely as possible.
Mar 29, 2023 12:57 pm ET
ComEd Reminds Customers of Options to Help Pay and Lower Cost of Electric Bills
As many communities continue to experience financial difficulty due to economic challenges, ComEd reminds customers to contact the energy company for support in paying electric bills now and lowering future bills.
Mar 28, 2023 10:30 am ET
ComEd Earns National Recognition for Helping Customers Save Energy and Reduce Electric Bills
In 2022, more than 630,000 ComEd residential and business customers saved approximately $176 million on their electric bills by taking advantage of the company’s ComEd Energy Efficiency Program.
Mar 23, 2023 10:14 am ET
ComEd Completes Five-Year LED Smart Streetlight Program Across 575 Northern Illinois Communities
Northern Illinois is brighter today, as ComEd has completed the installation and upgrade of all 131,600 ComEd-owned streetlights to Smart LED light fixtures. In addition to enhancing public safety as a result of clearer, brighter and more reliable light, the switch will save more than 79 gigawatt-hours of energy annually, the equivalent of removing more than 67 million pounds of carbon emissions from the atmosphere or planting 37,250 acres of trees.
Mar 22, 2023 10:57 am ET
ComEd Customers Can Apply for More than 3,000 Free Trees and Shrubs for Arbor Day
In advance of Arbor Day on April 28, ComEd announced it will donate 3,125 tree and shrub saplings to ComEd customers across northern Illinois to enhance green spaces and create shade that can reduce home energy use. Customers interested in receiving a free tree or shrub should visit ArborDay.org/ComEd through Sunday, April 9, 2023, while suppli
Mar 09, 2023 08:00 am ET
Exelon Energy Transformation Centered on Diversity, Equity and Inclusion
As just one part of its commitment to ensure the clean energy future is accessible to all communities, Exelon (Nasdaq: EXC) today announced that it spent more than $2.88 billion with diverse suppliers in 2022, representing 39 percent of total enterprise-wide spend. Over the past five years, Exelon’s spending with businesses owned by women, people of color, veterans and LGBT persons totaled more than $13 billion.
Mar 06, 2023 01:25 pm ET
ComEd Coolers Went Back to the Beach for Special Olympics Chicago/Special Children's Charities Polar Plunge
Over 320 ComEd employees, friends and family members returned to Chicago’s North Avenue Beach yesterday for the annual Chicago Polar Plunge presented by Special Olympics Chicago/Special Children’s Charities (SOC/SCC). For more than a decade, ComEd Coolers have raised funds and plunged into Lake Michigan to support thousands of athletes with physical and intellectual disabilities across Chicago.
Mar 06, 2023 11:00 am ET
ComEd To Hire Another 30 Entry-Level Trade Workers to Support Clean Energy Transition
ComEd is encouraging job seekers to apply for new entry-level positions that will play an important role in the clean energy transformation underway in Illinois. Today through March 15, ComEd is accepting applications for 30 entry-level construction worker positions, which provide a path to a full-time union career as part of the team powering communities across northern Illinois. Applicants can apply now on ComEd’s
Mar 01, 2023 09:32 am ET
ComEd Expands Drone Program With Remotely Piloted Drones to Enhance Operations
Harnessing advanced technology to enhance operations, ComEd announced that, for the first time, its certified pilots will operate drones remotely from any location across northern Illinois. Using new Skydio Drone Dock technology, ComEd crews will test remote drone monitoring solutions that will enable safe, cost-effective on-site and on-demand surveillance capabilities without dispatching trucks of crews to perform in-person inspections.
Feb 28, 2023 10:38 am ET
Exelon Teams Win EPRI 2022 Technology Transfer Awards for Innovation
Five project teams led by Exelon (Nasdaq: EXC) engineers and innovators have been selected to receive Electric Power Research Institute’s (EPRI) 2022 Technology Transfer Awards, which recognize leaders and innovators who have applied EPRI research to help transform the future of energy and create a cleaner and brighter future for customers and communities.
Feb 23, 2023 10:49 pm ET
ComEd Restores Power to 88 Percent of Customers Following Damaging Ice Storms and High Winds
ComEd has restored power to approximately 204,700 customers throughout the communities it serves, or more than 88 percent of customers affected by severe ice storms that moved through northern Illinois Wednesday and Thursday. Icy conditions followed by high winds damaged trees and equipment, causing power outages for approximately 231,000 customers.
Feb 23, 2023 01:21 pm ET
ComEd Restores Power to Nearly 134,000 Customers Following Damaging Ice Storms
Despite the challenge of working in icy conditions, ComEd crews have restored power to nearly 134,000 customers throughout the communities it serves after severe ice storms moved through northern Illinois Wednesday and Thursday.
Feb 22, 2023 10:01 pm ET
ComEd Restores Power to 55,000 Customers Following Damaging Ice Storms
After significant ice storms moved through northern Illinois Wednesday afternoon, ComEd crews have restored power to more than 55,000 customers. The hardest hit areas are the north and northwest areas of Illinois. About 100,000 customers remain without power as of 8 pm while ComEd and contractor crews work 24/7 in challenging conditions to restore service to all remaining customers as quickly and safely as possible.
Feb 22, 2023 09:00 am ET
Exelon Named to Fortune’s Most Admired Companies List
Exelon (Nasdaq: EXC), the nation’s largest energy delivery company, has been named to Fortune magazine’s list of the World’s Most Admired Companies for the 15th consecutive year. Fortune ranks companies on criteria from investment value and quality of ma
Feb 20, 2023 02:14 pm ET
Young Women in Illinois Can Apply to Build, Race Electric-Powered Racecars in ComEd EV Rally
With Women’s History Month just around the corner, ComEd is excited to announce the return of its signature science, technology, engineering and math (STEM) program for future women’s history-makers, the ComEd EV Rally. Young women in Illinois can now
Feb 17, 2023 09:00 am ET
Exelon Energy Delivery Companies ACE, BGE, ComEd, Delmarva Power, PECO and Pepco Helped Connect More Than One Million Customers to Over $1 Billion in Energy Assistance in 2021 and 2022
Exelon (Nasdaq: EXC) and its energy delivery companies—Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), ComEd, Delmarva Power, PECO and Pepco—joined other advocates in Washington, D.C., yesterday to support
Feb 16, 2023 12:00 pm ET
ComEd Encourages Illinois Students to Apply for College Scholarships of Up to $10,000 Each
ComEd today announced it has awarded scholarships to seven diverse students who plan to pursue energy careers through its Future of Energy Scholars Program and is now accepting applications for the next round of scholarships. Since the program’s launch in 2022, ComEd has awarded more than $350,000 in scholarships to 69 women and minorities who are pursuing degrees in STEM as they aspire to careers in the energy industry. Today through March 31, 2023, students in Illinois can apply for scholarships of up to $10,000 each and the opportunity to intern with ComEd.
Feb 15, 2023 11:07 am ET
Accessing ComEd Bill Assistance is Easier Than Ever
As challenging economic conditions persist, ComEd recognizes there are customers across northern Illinois in need of assistance with their electric bills. For this reason, ComEd reminds customers of its Smart Assistance Manager (SAM), an easy-to-use, online system that presents customers with a growing range of grants and
Feb 14, 2023 04:05 pm ET
Exelon announces upcoming changes to its Board of Directors
Exelon (NASDAQ: EXC) today announced its Board will nominate two new Board candidates, Charisse R. Lillie and Matthew C. Rogers, to shareholders at the upcoming April 25, 2023, Annual Shareholders Meeting. Directors Paul Joskow, Ann Berzin and Carlos Gutierrez will be leaving the Board at the end of their terms and will not stand for re-election.
Feb 14, 2023 06:50 am ET
Exelon Reports Fourth Quarter and Full Year 2022 Results and Initiates 2023 Financial Outlook
Exelon Corporation (Nasdaq: EXC) today reported its financial results for the fourth quarter and full year 2022.
Feb 13, 2023 09:08 am ET
ComEd Developing Next Generation of STEM Leaders During Black History Month
As part of its annual Black History Month celebration and to help diversify the pipeline of students pursuing careers in science, technology, engineering and math (STEM) fields, ComEd hosted an event in which local Black high school students worked alongside ComEd engineers to build and operate their own robots and explore STEM careers.
Feb 08, 2023 10:09 am ET
ComEd Helps Chicago Auto Show Go Electric, Helps Customers Navigate EV Purchasing
Attendees at this year’s Chicago Auto Show will have the opportunity to experience electric vehicles (EVs) firsthand at the Chicago Drives Electric Track powered by ComEd. The ComEd-sponsored test track will feature EVs from BMW Cadillac, Chevrolet, Nissan and Volkswagen to give drivers who are considering an EV the chance to ride in one and help aid their decision to make the switch.
Feb 01, 2023 04:37 pm ET
ComEd, City of Chicago Announce Historic Energy and Equity Agreement, New Franchise Agreement
Building on a strong, 100-year history, the City of Chicago and ComEd today announced that a deal has been reached on a pair of agreements for the future - an Energy and Equity Agreement and a new franchise agreement. These agreements, working together, will help Chicago support equitable access to cleaner energy; expand workforce development initiatives, including in under resourced communities; expand clean transportation options; and provide tools that empower Chicago families and businesses to reduce energy use and save money, while enabling ComEd to continue to provide industry-leading se
Jan 26, 2023 09:30 am ET
Northern Illinois Families and Businesses Experienced Record Electric Reliability in 2022
Investments in the power grid continued to pay reliability dividends for ComEd customers as the electric company delivered record reliability in 2022. Since grid improvements began in 2011, overall reliability has improved more than 80 percent. In that time, ComEd has avoided more than 19 million power outages for customers, saving more than $3.3 billion in outage-related costs. In 2022, 85 percent, or nearly 3.5 million ComEd customers, experienced zero or one interruption in service.
Jan 25, 2023 11:21 am ET
ComEd Offering $500,000 in Grant Funding for Community-Oriented Projects Across Northern Illinois
ComEd today announced that municipal and community organizations in northern Illinois can now apply for the 2023 Powering Communities Grants Program, which advances environmental initiatives, enhances public safety and increases access to arts programs in communities ComEd serves. Organizations are encouraged to apply for one of the three annual grant programs: Green Region, Powering Safe Communities, and Powering the Arts. Qualifying proposals are eligible for grants of up to $10,000 each.
Jan 24, 2023 02:25 pm ET
ComEd Awarded for Two Programs That Make Energy Efficiency Benefits More Accessible to Families and Businesses
The Midwest Energy Efficiency Alliance (MEEA) has recognized ComEd with a pair of Inspiring Efficiency Awards. The recognition is for the electric company’s efforts to help property owners and tenants save money on electric bills, as well as an education and training that helps diverse contractors build successful businesses in the energy efficiency field.
Jan 23, 2023 09:00 am ET
Illinois's Transition to Clean Energy Could Generate 150,000 additional jobs by 2050, New Study Shows
CHICAGO, Jan. 23, 2023 /PRNewswire/ -- BW Research published the Jobs & Equitable Energy Transition Study, to provide a first-of-its-kind study for Illinois to examine the employment impacts of a transition to a decarbonized energy economy. The study was commissioned by ComEd to better understand the economic and workforce development challenges and opportunities Illinois will face in the transition to decarbonized energy. Building upon recent work BW Research has completed in examining the transition to a low or no carbon economy in Massachusetts, New York, and other states, BW Researc
Jan 19, 2023 10:00 am ET
Exelon announces Jane S. Park as senior vice president of Federal Governmental and Regulatory Affairs, and Public Policy
Exelon (Nasdaq: EXC) announces that Jane S. Park has been named to the role of senior vice president of Federal Governmental and Regulatory Affairs, and Public Policy for the company.
Jan 18, 2023 11:31 am ET
New ComEd Substation Brings Science to Life at Argonne National Laboratory
To provide the reliable energy required to power groundbreaking discoveries in energy, transportation and medical treatments, ComEd has completed a new substation at the U.S. Department of Energy’s (DOE) Argonne National Laboratory to support the lab’s new Aurora exascale supercomputer—one of the nation’s most advanced computers with the ability to seamlessly integrate data analysis, simulations, modeling and artificial intelligence.
Jan 18, 2023 10:00 am ET
Exelon Named to the Dow Jones Sustainability Index for 17th Consecutive Year
Exelon (EXC) was named to the Dow Jones Sustainability North America Index (DJSI) for the 17th consecutive year, once again earning recognition for its carbon reduction efforts, investments in technological innovation and local corporate philanthropy. The global survey evaluated over 600 of the largest North American companies on a broad range of sustainability measures. Exelon was one of only seven energy delivery companies named to the North America Index this year.
Jan 17, 2023 11:03 am ET
ComEd Multi-Year Plans Advance Region’s Economic, Climate and Equity Goals
ComEd today filed with the Illinois Commerce Commission (ICC) multi-year grid and rate plans (“the plans”) that will strengthen the region’s infrastructure and economy and increase access to the benefits of clean energy and decarbonization under the state’s Climate and Equitable Jobs Act (CEJA). The plans also ensure that the electric grid remains reliable and resilient for the 9 million people ComEd serves in northern Illinois as severe weather events become more common due to climate change.
Jan 17, 2023 10:46 am ET
What People Are Saying About ComEd’s Multi-Year Plans That Advance Region’s Economic, Climate and Equity Goals
A wide variety of municipal, business, community and labor leaders from across northern Illinois and beyond today released statements about ComEd’s multi-year grid and rate plans that advance the region’s economic, climate and equity goals.
Jan 12, 2023 10:43 am ET
New Study Projects Clean Energy Transition Could Create More than 150,000 New Jobs in Illinois by 2050
National economic and workforce applied research firm BW Research today released a first-of-its-kind study in Illinois that found that the transition to clean energy could create a net increase of more than 150,000 jobs for the state by 2050. The study was commissioned by ComEd to better understand the economic and workforce development challenges and opportunities communities will face in the transition to clean energy; the results is a statewide and regional job analyses.
Jan 12, 2023 10:35 am ET
ComEd Earns National Recognition for Outstanding Emergency Response Efforts
The Edison Electric Institute (EEI), a national association that represents all American investor-owned electric companies, recognized ComEd with two awards for its outstanding emergency response efforts in 2022. The Emergency Assistance Award was presented to ComEd in recognition of its assistance efforts restoring service to homes and businesses in the South following Hurricane Ian, and the Emergency Recovery Award was presented to ComEd for its exemplary recovery efforts in response to severe thunderstorms in the Midwest last June.
Jan 10, 2023 01:25 pm ET
ComEd Unveils 2030 Roadmap for Equitable Transition to Cleaner Energy
To outline ComEd’s vision for how it will advance a low-carbon energy future that benefits all of its customers and communities in northern Illinois, the electric company today released its “ComEd 2030” vision. ComEd 2030 identifies key trends and priorities for how ComEd will meet customers’ quickly changing n
Jan 09, 2023 10:20 am ET
ComEd Launches New Assistance Programs to Help Families Working to Make Ends Meet
As local communities continue to face economic hardships, ComEd is stepping up with new and enhanced customer-assistance options that will make more customers aware of the help available, provide more grants to help with electric bills, and remove barriers customers sometimes face when accessing assistance options.
Jan 03, 2023 09:00 am ET
Exelon President and CEO Calvin Butler Leads Nation’s Largest Transmission and Distribution Company During Transformative Era for Energy Industry
Calvin Butler has begun in his role as president and chief executive officer of Exelon (Nasdaq: EXC) and has joined Exelon’s Board of Directors after previously serving as the company’s president and chief operating officer. Exelon, the nation’s largest energy transmission and delivery company by customer count, is headquartered in Chicago, and serves more than 10 million customers in Illinois, Pennsylvania, New Jersey, Delaware, Maryland and the District of Columbia.
Dec 27, 2022 08:31 am ET
Thinking about trading options or stock in Tesla, Exelon, Pinduoduo, Alibaba, or ConocoPhillips?
NEW YORK, Dec. 27, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for TSLA, EXC, PDD, BABA, and COP.
Dec 27, 2022 07:45 am ET
Exelon Announces Extension of Exchange Offers
Exelon Corporation (Exelon) (Nasdaq: EXC) today announced that it has extended the expiration date for each of its offers to exchange any and all of its outstanding unregistered notes listed below that were originally issued in private offerings for equal principal amounts of new issues of notes registered under the Securities Act of 1933, as amended.
Dec 21, 2022 02:13 pm ET
New Study Outlines Pathways to Achieve Illinois’ Goal of Full, Economy-Wide Decarbonization by 2050
National sustainability consulting firm Energy and Environmental Economics, Inc. (E3) today released a study that outlines pathways for Illinois to achieve full, economy-wide decarbonization in Illinois by 2050, consistent with the state’s pledge as part of the U.S. Climate Alliance to pursue the Paris Agreement. The study accounts for the significant progress expected as a result of the state’s Climate and Equitable Jobs Act (CEJA), which aims to decarbonize the power sector and accelerate transportation electrification, as well as the federal Inflation Reduction Act (IRA).
Dec 19, 2022 04:15 pm ET
Grants to MEEA to Help Nearly 50 Low-Income Homes Access Energy-Saving Upgrades from ComEd and Natural Gas Utilities
Nearly 50 additional low-income homes in Cook County will soon undergo free energy-efficiency upgrades from ComEd and area natural gas companies, the result of a pair of grants from the Federal Home Loan Bank of Chicago (FHLBank Chicago).
Dec 19, 2022 01:00 pm ET
Exelon receives national recognition for leadership and excellence in workforce development
For the second consecutive year, Exelon (Nasdaq: EXC) was selected by the Center for Energy Workforce Development (CEWD) to receive its highest honor, the Chairman’s Award, which recognizes a company for excellence in workforce development leadership. Exelon was selected for its
Dec 16, 2022 01:01 pm ET
121 Local Residents Graduate from ComEd Overhead Training Programs in Chicago, Rockford and Joliet
ComEd leaders today joined IBEW Local 15 and members of the community to recognize 121 local residents as they graduated from training programs required to become full-time lineworkers with ComEd. Graduation events held by the company today recognized newly hired pre-apprentices now on track to begin an overhead apprenticeship school in 2023. This on-the-job training is a requirement for performing the role of a lineworker, a key role helping to ensure reliable power is safely delivered to communities across northern Illinois.
Dec 15, 2022 02:00 pm ET
ComEd Recruits Local Residents to Bring Bill-Assistance Awareness Directly to Families and Individuals
To increase access to financial assistance options that can help income-eligible customers pay their electric bills, while creating local employment opportunities, ComEd has returned with its Community Energy Assistance Ambassador (CEAA) program.
Dec 10, 2022 10:46 am ET
83 Local High School Students Complete ComEd, HFS Chicago Scholars Fall Program on Way to STEM Career
As part of their effort to prepare the next generation of clean energy professionals, ComEd and HFS Chicago Scholars are celebrating the fifth year of their Create a Spark program and its second graduating class. The Create a Spark program is a four-year curriculum for high-achieving Chicago high school students to learn about energy, climate change, the electric grid and renewables like wind and solar. This semester, 37 juniors and 46 seniors participated in a curriculum designed by ComEd mentors and the National Energy Education Development (NEED) Project.
Nov 30, 2022 11:15 am ET
Exelon Announces 27 Green Lab Grant Winners for 2022, Plans to Advance STEM Education in Under-Resourced Communities
Exelon (Nasdaq: EXC), the nation’s largest energy delivery company, and the Exelon Foundation announced they will award a total of $868,000 in Green Lab Grants to 27 education-focused organizations. The grants will go toward investments in hands-on educational spaces where high school students can prepare for careers in STEM (science, technology, math and engineering).
Nov 30, 2022 11:00 am ET
ComEd, Metropolitan Mayors Caucus Announce First 16 Communities to Join EV Readiness Program
ComEd and the Metropolitan Mayors Caucus (Caucus) today announced the inaugural cohort of communities participating in the
Nov 28, 2022 10:57 am ET
ComEd Explores Battery Energy Storage to Improve Resiliency for Customers in Northern Illinois
ComEd is exploring new battery energy storage system (BESS) solutions that improve resiliency by limiting the impact of power outages for customers In this new technology demonstration, ComEd is evaluating the effectiveness of localized batteries to support select customers who live in Streator, Ill., Lostant, Ill., and Milledgeville, Ill.
Nov 17, 2022 02:55 pm ET
ComEd Recognized as Most Resilient Power Grid in the U.S. With 2022 ReliabilityOne® Award
In recognition of ComEd’s successful efforts to drive more reliable and resilient energy for its customers, PA Consulting yesterday presented the electric company the 2022 ReliabilityOne® Outstanding System Resiliency Award.
Nov 17, 2022 10:58 am ET
ComEd and PECO recognized among nation's top utilities for economic development
Exelon (Nasdaq: EXC) energy delivery companies ComEd and PECO have been named to Site Selection magazine's 2022 list of Top U.S. Utilities in Economic Development, exemplifying Exelon's companywide commitment to driving investment, new business and job growth in the communities it se
Nov 17, 2022 09:17 am ET
Average ComEd Bill Lower Than Bills in 49 of 50 U.S. States in 2022
The average monthly ComEd customer bill in the fourth quarter of 2022 was lower than the average charges paid by customers in 2021 in 49 out of 50 U.S. states, based on an analysis of the latest information from the U.S. Energy Information Administration (EIA).
Nov 14, 2022 04:22 pm ET
ComEd No. 1 in U.S. in Providing Reliable Electric Service to Customers, Benchmarking Shows
Families and businesses served by ComEd experienced fewer power outages on average than customers of any comparable electric company for a fifth consecutive year in 2021, based on industry standard measures for reliability. And when ComEd customers did experience an outage last year, their service was restored as fast or faster on average than customers of the other electric companies. This is according to a company analysis of 25 peer U.S. energy companies with approximately 1 million customers or more.
Nov 14, 2022 02:38 pm ET
ComEd Warns Customers of Increase in Scam Attempts During the Holiday Season
Media Alert: ComEd can make company representatives available for interviews to share scam-awareness tips for Utility Scam Awareness Day, Wednesday, Nov. 16.
Nov 10, 2022 08:00 am ET
ComEd, Argonne Climate Study Projects More Heat, Humidity As a Result of Climate Change, Outlines Impact on Power Grid
ComEd, in partnership with the U.S. Department of Energy’s (DOE) Argonne National Laboratory’s Center for Climate Resilience and Decision Science, today released the first phase of a comprehensive Climate Risk and Adaptation Study as part of ComEd’s long-term effort to understand the impacts of climate change to its power grid and operations and begin to devise strategies to adapt in northern Illinois. The study is the first of its kind in the region.
Nov 09, 2022 04:20 pm ET
ComEd, Community Leaders Celebrate Opening of First-of-its-Kind Energy Education Community Center in Chicago
ComEd joined members of the community today to celebrate the grand opening of a first-of-its-kind community center focused on energy education. The Powering Lives Community Center in Chicago’s Avondale community is a free and open-to-all facility that gives visitors a unique look into energy delivery and the grid today and shows customers ways they can save money and energy.
Nov 09, 2022 10:00 am ET
ComEd and Chicago Area Clean Cities to Host Free, Virtual Event for Customers Interested in Electric Vehicles
With electric vehicles (EVs) becoming more popular in Illinois and across the country, ComEd is working with a variety of stakeholders to help educate and empower customers looking to get rid of their gas-powered vehicle and transition to a new or used EV.
Nov 08, 2022 12:00 pm ET
ComEd Awards Chicagoland Students Scholarships to Pursue STEM Degrees
To support equity in science, technology, engineering and math (STEM) education, ComEd has named four local students who are pursuing STEM-related degrees at Illinois Institute of Technology (Illinois Tech) and University of Illinois Chicago (UIC) as its 2022 ComEd Scholars.
Nov 07, 2022 03:00 pm ET
ComEd and Digital Realty Cut Ribbon on New Substation Serving Franklin Park Data Center Campus
ComEd today joined Digital Realty, the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, and community members to cut the ribbon on a new electrical substation that provides more power capacity to support future growth and operation of data centers in the region. The 4-acre substation is located on Digital Realty’s data center campus and delivers new transformer technology and electrical upgrades that are essential to meeting growing demand.
Nov 04, 2022 01:00 pm ET
ComEd Celebrates 36 Job Training Graduates Ready to Join Clean Energy Workforce
ComEd today hosted community and workforce development partners for a graduation event honoring 36 new graduates of the 2022 CONSTRUCT Business Operations Academy program, which increases the pool of qualified minority candidates for entry-level administrative and project coordinator roles in the energy and construction industries.
Nov 03, 2022 11:10 am ET
ComEd Announces Intent to File Multi-Year Plan to Promote Equitable, Reliable Clean Energy Transformation
The Climate and Equitable Jobs Act (CEJA) sets ambitious goals for a cleaner and more equitable energy future that also creates jobs and contributes to a strong economy. To help achieve those goals, CEJA calls on ComEd to file a multi-year grid plan and to file new rates. ComEd today announced its intent to file, along with its grid plan, a four-year rate plan that closely aligns with the state’s goal of long-term investments to support clean energy and decarbonization in Illinois. ComEd intends to file these plans with the Illinois Commerce Commission (ICC) in January 2023.
Nov 03, 2022 06:50 am ET
Exelon Reports Third Quarter 2022 Results
Exelon Corporation (Nasdaq: EXC) today reported its financial results for the third quarter of 2022.
Nov 02, 2022 04:05 pm ET
Exelon CEO Chris Crane Announces Retirement at End of Year; Exelon Board Names Calvin Butler to Succeed Crane as Exelon CEO
Exelon (Nasdaq: EXC) Chief Executive Officer Chris Crane has announced that he will retire from his position as CEO and as a director of the Exelon Board effective Friday, Dec. 30, 2022. The Exelon Board has elected Calvin G. Butler Jr., currently president and chief operating officer (COO), to the role of president and chief executive officer as of Dec. 31, 2022. Butler also will join Exelon’s Board of Directors. The company recently promoted Butler and expanded his responsibilities as a step in the company’s leadership succession plans. Crane accelerated his retirement plans to focus on his
Oct 31, 2022 11:34 am ET
ComEd, Metropolitan Mayors Caucus Award 18 Grants to Support Holiday Lighting Events Across Northern Illinois
Today is Halloween, which means the holidays are just around the corner! Recognizing the importance of cultural holiday celebrations and how they can brighten communities, ComEd and the Metropolitan Mayors Caucus today announced grants of up to $2,500 each for 18 northern Illinois communities as part of the ComEd Powering the Holidays Program.
Oct 28, 2022 02:00 pm ET
ComEd Announces $250,000 in Grants to Bring EVs into Driver Education
Students at five area public high schools will get behind the wheel of an electric vehicles (EV) in driver education class thanks to a $250,000 investment ComEd announced today with Chicago Public Schools (CPS) and educators from across the region. The ComEd EVs for Education program, which provides schools funding to offset the cost of an EV and EV charger, will give students first-hand experience driving EVs and learning about new zero-emissions vehicles on the rise in Illinois and across the country.
Oct 28, 2022 10:45 am ET
Exelon Corporation Declares Dividend
The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.3375 per share on Exelon’s common stock. The dividend is payable on Friday, December 9, 2022, to Exelon’s shareholders of record as of 5 p.m. Eastern time on Tuesday, November 15, 2022.
Oct 27, 2022 03:16 pm ET
ComEd, Peoples Gas, and North Shore Gas to Collaborate on Gas Meter Reading
The Illinois Commerce Commission today approved an innovative collaboration that enables Peoples Gas and North Shore Gas to securely transmit natural gas meter data via ComEd’s smart grid communications network, creating new efficiencies and cost savings for gas customers and reducing carbon emissions. Together, the two natural gas providers serve more than 1 million customers, and the majority receive their electricity service from ComEd.
Oct 27, 2022 11:00 am ET
ComEd Helps Families and Businesses Identify Energy Vampires Lurking This Halloween
Energy vampires are real and may be draining electricity from your home or business. This Halloween, ComEd encourages customers to put a stake in energy vampires by taking a few, simple steps that can save both money and energy.
Oct 27, 2022 11:00 am ET
New Tool Available to Help Spanish-Speaking ComEd Customers Lower Bills and Energy Use
To support Spanish-speaking customers in identifying the bill-assistance and energy-management support they may need, ComEd has made its Smart Assistance Manager (SAM) available in Spanish.
Oct 20, 2022 11:14 am ET
ComEd, North Carolina State University Receive Federal Grant to Develop, Demonstrate Extreme Fast Charging for Electric Vehicles
ComEd, in partnership with North Carolina State University’s FREEDM Systems Center, has been awarded a $200,000 federal research and development grant from the U.S. Department of Energy (DOE) to help fund a $5 million research project focused on improving the efficiency of, and reducing the cost of, extreme fast charging (XFC) for electric vehicles (EVs).
Oct 19, 2022 12:20 pm ET
ComEd Community Solar Projects Delivering Monthly Savings to Income-eligible Customers
ComEd today announced that subscribers to three community solar projects designed for income-eligible customers are now receiving credits that will provide approximately $1,000 a year in savings on their electricity bills for up to three years.
Oct 19, 2022 10:00 am ET
Exelon’s Diversity, Equity & Inclusion Honor Roll Recognizes Business Partners Advancing Shared DEI Values
As part of its ongoing commitment to diversity, equity and inclusion (DEI), Exelon (Nasdaq: EXC) has named 34 companies to its annual DEI Honor Roll. The Honor Roll recognizes partners in banking, insurance, legal, professional services, investments and IT services for their efforts to include women and people of color in key roles on account teams working with Exelon.
Oct 17, 2022 04:05 pm ET
Exelon Announces Leadership Changes as Company Shapes the Future of Energy Delivery and Grid Transformation
Exelon (Nasdaq: EXC) announced today that it has promoted Calvin G. Butler Jr. to president and chief operating officer and Jeanne Jones to executive vice president and chief financial officer. Chris Crane, previously president and CEO, continues as Exelon’s chief executive officer, leading the company’s 18,000 employees who serve more than 10 million customers in five states and the District of Columbia at six energy delivery companies – Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco.
Oct 13, 2022 10:09 am ET
ComEd Delivers Record-High Reliable Service for Customers in First Three Quarters of 2022
ComEd’s investments to improve the reliability and resiliency of the power grid in northern Illinois continue to pay off for customers, as the company in the first three quarters of 2022 delivered the most reliable electric service in its more than century-long history. Reliability is defined using industry-standard metrics to determine how often customers experience power outages and how long power outages last when they do occur.
Oct 06, 2022 02:55 pm ET
ComEd Selects Nonprofits to Administer $1.4 Million in Climate-Friendly Programs to Northern Illinois Residents
To help connect northern Illinois families and businesses to climate-friendly programs and related services, ComEd today announced the selection of the nonprofit organizations that will administer nearly $1.4 million in grants through the energy company’s new Climate-Fr
Oct 06, 2022 10:00 am ET
Exelon Signs White House Pledge to Support Equitable Workforce Development for Infrastructure Jobs
Exelon (Nasdaq: EXC) has signed the White House Talent Pipeline Challenge. The challenge is a nationwide call to action for employers, education and training providers, state, local, Tribal, and territorial governments and philanthropic organizations to make tangible commitments that support equitable workforce development in the critical infrastructure sectors of broadband, construction and electrification.
Oct 04, 2022 11:30 am ET
ComEd Energy Doctors Offer Energy-Saving Tips for Cold Weather in Time for National Energy Efficiency Day
As temperatures drop, ComEd’s Energy Doctors offer energy-saving tips for cold weather to help families and individuals manage energy use and save money on electric bills – just in time for National Energy Efficiency Day, which is Wednesday, Oct. 5.
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.