ComEd Unveils $10 Million Fund to Help Illinois Residents with Energy Costs

ComEd launching $10M customer relief fund to offset spike in electricity prices

The Customer Relief Fund will provide one-time grants of up to $500 for qualifying low- to moderate-income customers, and $1,000 for nonprofit organizations in northern Illinois.

ComEd unveils $10 million fund to help Illinois residents with energy costs

FORD HEIGHTS, Ill. (WTVO) — ComEd has announced a one-time, $10 million Customer Relief Fund available to eligible Illinois residents and businesses to offset rising capacity charges. On June 1st, ComEd is raising the capacity charge, the cost paid for companies to store extra energy in case of a spike in demand. According to ComEd, “Energy prices are driven by supply and demand. Large power generators sell this electricity supply to ComEd and w…

ComEd launching $10 million customer relief fund to offset spike in electricity prices

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ComEd relief fund comes as Evanston schools prepare for increased electric bills - Evanston RoundTable

ComEd announced Thursday the launch of a one-time, $10 million Customer Relief Fund to address higher electricity costs this summer. Beginning July 7, customers can apply for assistance. Low-income residential and nonprofit customers are eligible to apply. Increased energy use in the summer months, as well as an auction by electrical grid operator PJM that raised capacity charges, will raise prices on electricity for ComEd customers, likely thro…