ComEd Highlights 2024 Efforts to Advance the Clean Energy Transition in Northern Illinois
31 Janeiro 2025 - 5:01PM
Business Wire
In 2024, ComEd delivered best-in-class reliable
service and advanced renewable energy initiatives for customers
across northern Illinois
ComEd is announcing how a series of investments and initiatives
in 2024 led to record progress made in terms of enhancing
reliability, clean energy access, community investment and jobs,
and overall value for over 9 million people served in northern
Illinois last year. Even amid record-breaking storms impacting the
grid and the region, ComEd continued to deliver best-in-class
reliability, connected thousands of customers to new renewable and
cleaner energy resources, like solar and EVs, and continued to
expand energy efficiency programs that help customers reduce usage
and combat climate change.
Additionally, ComEd last year continued its commitment to the
communities it serves by growing job training and educational
programs to reach thousands of area residents, deploying a record
level of financial assistance to those in need, and by securing
approval on future investments that will allow the company to
continue preparing the region for increased electrification and to
support a clean and equitable energy transition for years to
come.
“In 2024, ComEd worked hard to modernize northern Illinois’
power grid, strengthening its resilience to extreme weather
conditions and preparing it to power a cleaner, more electrified
economy,” said Gil C. Quiniones, President & CEO of
ComEd. “Thanks to the support of our more than 6,600 dedicated
professionals and countless partners, ComEd is positioned to
support economic development across the region and to ensure that
every community enjoys the benefits of the clean energy
transition.”
Learn more about how ComEd made advancements on behalf of its
customers and communities in 2024:
Providing best-in-class reliability and resiliency
- ComEd earned the 2024 ReliabilityOne® award for Outstanding
Reliability Performance in the Midwest Metropolitan Service Area,
and a Climate Action Leader award from PA Consulting, a global
innovation and transformation consultancy.
- ComEd delivered continued reliability in 2024 with nearly 2.3
million customers not experiencing a single outage or interruption
– more than half of the customers ComEd serves. Among comparable
large utilities in the United States, ComEd delivered the most
reliable service.
- Smart grid investments helped avoid more than 400,000 outages
during a record-breaking summer storm that brought more than 40
tornadoes to the region, prompting crews to work around the clock
for one of the fastest large-scale storm restorations in company
history.
- Since ComEd started smart grid improvements in 2012, it has
improved overall reliability by more than 57 percent, helping
customers avoid nearly 24.7 million customer interruptions and save
more than $4.3 billion in outage-related costs.
Empowering customers for a cleaner and affordable
future
- ComEd’s award-winning Energy Efficiency Program, one of the
largest in the nation, reached a new milestone when it surpassed
the $10 billion mark in total customer bill savings. The program
helps reduce energy consumption and costs and has saved over 89
million megawatt-hours of electricity since its launch in 2008,
enough to power more than 10 million ComEd customers’ homes for one
year and avoid nearly 66 billion pounds of carbon emissions that
contribute to climate change.
- The electric service total bill rate per kWh of an average
ComEd residential customer was 22% below the average residential
rate of the top 10 U.S. metropolitan areas, according to the EEI
Annual Report.
- In 2024, ComEd customers had access to 96 percent clean power
on an hourly basis – thanks to a large amount of nuclear generation
in the region making our grid one of the cleanest in the nation –
and with plans to reach 100 percent thanks to CEJA.
- ComEd launched a variety of new clean energy programs to help
customers lower costs as they go green – including launching nearly
$90 million in customer rebates for the purchase of fleet EVs and
the buildout of EV charging infrastructure; and creating a new Go
Electric website to empower customers seeking to transition to more
efficient heating and cooling systems with information on heat
pumps and company rebates offered.
Supporting customers and communities in need
- ComEd achieved an overall J.D. Power ranking of 2 (out of 15)
in the Midwest for the second consecutive year, an improvement from
8 in 2022.
- To reduce the burden for those facing economic hardship, ComEd
last year connected more than 229,000 customers to over $133
million in financial assistance and other support options, which is
the most support ComEd has provided since the pandemic.
- In 2024, ComEd held nearly a half dozen Powering Lives Resource
Fairs, providing 1,600 families in underserved neighborhoods with
education and tailored support services including bill-assistance
options, workforce development opportunities, family care programs,
and health screenings. More than three-quarters of those families
were successfully connected to financial assistance and other
support options.
- ComEd provided over $630,000 in grant funding to 90
organizations and municipalities through its Green Region, Powering
Safe Communities, Powering the Arts, and Powering the Holidays
competitive grant programs.
- ComEd employees logged over 26,000 volunteer hours and
contributed over $1.8 million to more than 1,200 community-based
causes.
- ComEd was named a 2024 Customer Champion by Cogent, a division
of Escalent, a key market research firm.
Expanding renewables, EV adoption and preparing for a
lower-carbon future
- 2024 saw a record year for growth in solar and distributed
generation – from the number of rebates awarded to the volume of
new renewable energy sources added to the system. This includes:
- 356 MW of distributed energy resources (DER), like solar and
battery storage systems, were interconnected to the ComEd grid last
year alone, the most in any single year to date, and enough energy
to power approximately more than 11,800 ComEd homes for one
year.
- 173rd community solar site livened, enabling more than 32,000
residential customers in northern Illinois to realize the benefits
of solar energy and earn credits that reduce their electric bill
without having to install solar panels on their homes.
- A record $71.6 million in Distributed Generation (DG) Rebates
were provided to help offset the out-of-pocket costs related to
adding new solar energy in residential, commercial and community
solar settings. This is a nearly 800% percent increase from 2019,
when only $8 million in rebates were provided.
- Boosted home electrification projects – with more than 4,000
heat pump installations funded through ComEd rebates last year; and
more than 600 homes electrified through Whole Home Electric
program, designed to help low-income customers lower their net
energy usage, costs, and carbon footprint with all-electric
upgrades to heating and cooling systems and appliances.
- ComEd’s EV investments helped incentivize the addition of more
than 3,500 L2 and DCFC EV charging ports and more than 170 EV fleet
vehicles. Over half of the EV funds were distributed to low-income
customers and those located or primarily serving equity-eligible
investment communities. Additional EV funding programs are
available in 2025 at ComEd.com/Clean.
- To prepare communities for the growing demand for EVs, ComEd
partnered with the Metropolitan Mayors Caucus (MMC) to train more
local governments as part of the EV Readiness Program, which has to
date helped 41 communities in developing local code and
infrastructure plans needed to roll out EVs and charging safely and
equitably.
- Expanded the integration of EVs, plug-in hybrid EVs, and other
electrified equipment to make up nearly one-quarter of ComEd’s
fleet and closed the year with over 600 EV charging ports across
ComEd facilities, a key step as ComEd electrifies its own
fleet.
Expanding careers and fueling economic growth for the
region
- ComEd expanded clean energy and construction job training –
including the launching of the new ComEd Market Development
Initiative, helping more than 80 job seekers and local
entrepreneurs become certified to work in the burgeoning
energy-efficiency industry; and by creating new construction and
technical job training programs, like Power Up Academy, to help
collectively reach nearly 1,000 local residents with career
training last year alone.
- Continued to expand hiring to fill critical trades roles, with
135 new craft hires onboarded last year, bringing hiring of new
entry-level trades jobs to more than 1,000 since a 2018 agreement
was signed with the International Brotherhood of Electrical Workers
Local 15.
- To spark economic development, in 2024, ComEd brought 15
commercial projects to northern Illinois, with planned projects set
to add nearly 1,400 jobs and more than $17 billion in local
investment.
- Companies continue to invest in the region thanks to the
unparalleled access to clean, affordable and highly reliable power,
with ComEd being recognized by Site Selection Magazine as a
National Leader on driving jobs and investment to Illinois.
- The company’s track record of successful project execution, in
combination with growing interest in the clean energy attributes
uniquely found in our region, has led to an unprecedented volume of
high-density load requests last year. This includes more than 40
large-load projects currently in the engineering or construction
phase and expected to come online in the years ahead, and with
continued interest from developers and high growth industries
looking to power new or expanded business development projects in
the region.
Building the next generation of STEM talent
To improve representation in STEM careers, ComEd provided
educational opportunities to more than 1,400 in 2024. These
programs included:
- ComEd’s Black History Month STEM Labs, where 75 high school
students worked with ComEd mentors to build personal Bluetooth
speakers and learn more about STEM careers. Each student also
received a $250 scholarship.
- ComEd’s Hispanic Heritage Month STEM Labs, where 50 high school
students worked with ComEd mentors to build small robots and learn
more about STEM careers. Each student also received a $250
scholarship.
- ComEd’s ASME DropMEin! Program, where 142 middle school
students met ComEd employees to foster the engineering mindset and
learn about power generation, energy sustainability, emerging
technologies and utility career paths.
- ComEd’s Learning from Leaders, where 577 middle and high school
students connected with ComEd STEM professionals to learn about
career and education paths, what ComEd does, and the importance of
STEM.
- ComEd’s Power of STEM, where 487 middle and high school
students worked with ComEd mentors to learn about microgrids, solar
energy and climate change.
- ComEd’s Create a Spark program, where 75 high school students
learned how to complete transmission and distribution projects and
about climate impact.
- The ComEd Scholars program provided $340,000 in scholarships to
9 students pursuing STEM degrees at either Illinois Institute of
Technology (IIT), University of Illinois at Chicago (UIC), DePaul
University, or Chicago State University (CSU).
ComEd is a unit of Chicago-based Exelon
Corporation (NASDAQ: EXC), a Fortune 200 energy company serving
more than 10.5 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, Instagram,
LinkedIn, X, and YouTube.
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