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ComEd Committed to Helping Families and Businesses Save On Electric Bills

Posted in:

• Illinois
• Advertising

[The following is a paid advertisement.]

The historic Energy Infrastructure Modernization Act (EIMA) has enabled ComEd to make an unprecedented $2.6 billion investment in the electric grid over the next 10 years. This investment will improve reliability and make Illinois’ economy more competitive while creating thousands of jobs. It also will help Illinois families and businesses save on their electric bills.

In fact, ComEd customers could save $2.8 billion on their electric bills over the 20-year life of the smart meters, according to a comprehensive analysis by Black & Veatch, the consultancy charged with evaluating the one-year smart meter pilot approved by the Illinois Commerce Commission (ICC). These savings would be over and above any savings customers realize from using new digital smart meters to manage their energy usage.

Consumers will save money on their electric bills in three ways:

• First, savings achieved from more efficient utility operations will be passed on to consumers.
• Second, improved reliability will result in considerable outage-related savings.
• Third, with smart meters, consumers can save on energy costs by choosing new pricing plans, better managing their energy usage and becoming eligible for new rebates by reducing power usage during peak hours.

This means that consumers’ savings will far outweigh the costs of building the Smart Grid and investing in our infrastructure

We will continue to update you on our progress in the weeks and months ahead.

posted by Advertising Department
Wednesday, Apr 4, 12 @ 3:01 pm

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