ComEd wins national reliability award at PA
Consulting’s 23rd annual ReliabilityOne® Awards
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.
“It wasn’t that long ago that most ComEd customers expected
power outages and considered them commonplace,” said ComEd CEO
Gil Quiniones. “Over the last decade, however, our
investments in grid modernization have resulted in significantly
fewer and shorter outages, allowing our customers to benefit from
nation-leading reliability. This award is a testament to those
smart grid investments, and it’s a credit to the 6,300-plus
employees who work around the clock to deliver reliable, resilient
power to families and businesses across northern Illinois.”
All utilities operating electric delivery networks in North
America are eligible for consideration for the ReliabilityOne®
award. PA Consulting selects eight metropolitan service regional
awards including Northeast, Mid-Atlantic, Midwest, Plains,
Mountains, West, Southeast, and Southwest. The ReliabilityOne®
National Reliability Award is given to the regional award recipient
that has demonstrated sustained leadership, innovation and
achievement in the area of electric reliability.
“In the face of increased extreme weather and natural disasters,
Illinoisans deserve reliable, uninterrupted service to keep the
lights on at home or at work—and that's exactly what ComEd
provides," said Governor JB Pritzker. “Being recognized as the most
reliable utility company in America is a well-deserved honor and we
are thankful for their continued dedication to the 9 million
Illinoisans they serve.”
Investments in the power grid continued to pay reliability
dividends for ComEd customers as the electric company delivered
record reliability in 2022. Since smart grid investments began,
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.
In addition to the reliability awards, ComEd President and COO
Terence R. Donnelly will be receiving the Outstanding
Contributor to Reliability award. Donnelly has been COO throughout
the grid modernization work at ComEd and has led efforts to improve
reliability for ComEd customers.
“The complete turnaround of ComEd’s reliability over the past
decade and a half has been nothing short of astonishing,” said
Donnelly. “Thanks to our prudent investments in grid modernization
powered by the most talented employees in the business, outages are
the exception, not the expectation. But our work to create a more
reliable, resilient power grid is not done, and I look forward to
the many customer benefits that will spring from our planned
investments and implementation of advanced technologies that will
ensure our grid can power a cleaner, more electrified future.”
As extreme weather events, electrification and other ComEd
customer needs increase, the need to invest in reliable
infrastructure grows. ComEd filed multiyear grid and rate plans
that outline grid work required to support the expansion of
renewables such as solar and wind power and beneficial
electrification for ComEd customers while maintaining and improving
the system to continue the level of reliability customers have come
to expect. The plans support the goals of the Climate and Equitable
Jobs Act (CEJA) that Illinois enacted in 2021, including ensuring
that under-resourced communities benefit from the clean energy
transition.
“Grid sustainability continues to be a major issue that the
industry must take more seriously,” said Gregg Edeson and Derek
HasBrouck, PA Consulting’s ReliabilityOne® Co-Program
Directors. “This year we are celebrating utilities who are
providing high levels of reliability and resilience while
integrating clean energy assets and greater clean resource
diversity into their operations. Congrats to ComEd for their clean
energy efforts.”
"We extend our congratulations to ComEd for its recognition in
exceptional reliability performance and pioneering grid
modernization initiatives," said Michael Fassnacht, President
& CEO of World Business Chicago. "This accomplishment is a
testament to the diligent efforts of ComEd's leadership and
workforce, who have made substantial advancements in providing
reliable electricity to millions across northern Illinois, a
crucial factor in our region's continued drive for sustainable
growth."
“Power reliability is vital to companies making location
decisions, and ComEd’s ability to provide clean, reliable power is
essential in bringing economic growth and jobs to Illinois,” said
Intersect Illinois CEO Dan Seals. “We commend ComEd on its
commitment to grid modernization and reliability, which contributes
to Illinois’ position as an attractive place to do business.”
The ReliabilityOne® award is given annually to utilities that
have excelled in delivering reliable electric service to their
customers. All utilities operating electric delivery networks in
North America are eligible for consideration for the
ReliabilityOne® award. Selection of provisional recipients is based
primarily on system reliability statistics that measure the
frequency and duration of customer outages. After provisional
recipients are selected, each company undergoes a certification
process, which provides an independent review and confirmation of
the policies, processes and systems used to collect, analyse, and
report a company's reliability results. This year’s National Award
winner was identified for the 23rd Annual ReliabilityOne Awards
Program based on its record-setting reliability and innovation in
bringing clean energy solutions to customers.
After provisional recipients are selected, each company
undergoes a certification process, which provides an independent
review and confirmation of the policies, processes and systems used
to collect, analyse and report a company's reliability results.
About ComEd ComEd is a unit of Chicago-based Exelon
Corporation (NASDAQ: EXC), a Fortune 250 energy company with
approximately 10 million electricity and natural gas customers –
the largest number of customers in the U.S. ComEd powers the lives
of more than 4 million customers across northern Illinois, or 70
percent of the state’s population. For more information visit
ComEd.com and connect with the company on Facebook, Twitter,
Instagram and YouTube
About PA Consulting We believe in the power of ingenuity
to build a positive human future. As strategies, technologies, and
innovation collide, we create opportunity from complexity. Our
diverse teams of experts combine innovative thinking and
breakthrough technologies to progress further, faster. Our clients
adapt and transform, and together we achieve enduring results. We
are over 4,000 strategists, innovators, designers, consultants,
digital experts, scientists, engineers, and technologists. And we
have deep expertise in consumer and manufacturing, defense and
security, energy and utilities, financial services, government and
public services, health and life sciences, and transport. Our teams
operate globally from offices across the UK, Ireland, US, Nordics,
and Netherlands. Discover more at paconsulting.com and connect with
PA on LinkedIn and Twitter. PA. Bringing Ingenuity to
Life.
PA Consulting’s ReliabilityOne® awards are presented to electric
utilities providing their customers with the highest levels of
reliability in the industry. PA Consulting’s ReliabilityOne® study
is based on standard industry reliability statistics that measure
the frequency and duration of electric power outages.
ReliabilityOne® participants on average experienced 35% fewer
sustained outages, and outages were 50% shorter than the average US
investor owned utility. PA Consulting has been analyzing electric
utility performance since 1987. For more information about PA
Consulting, visit www.paconsulting.com/energy.
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version on businesswire.com: https://www.businesswire.com/news/home/20231102921527/en/
Ashley Houk +1 212-973-5918 Ashley.Houk@PAConsulting.com
ComEd Media Relations 312-394-3500
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