ComEd’s Energy Efficiency Program Saves Northern Illinois Small Businesses $263M Annually
Event summary
- ComEd has completed free facility assessments for over 100,000 small businesses in northern Illinois, helping them save $263M annually on energy costs.
- $607M in incentives have been provided to offset the cost of energy-saving upgrades since 2015.
- The program has saved 2.2B kWh of energy and avoided 1.7B pounds of carbon emissions, equivalent to planting 750K acres of trees or removing 176K cars from the road for a year.
- ComEd extended its Customer Relief Fund with $2.5M in grants for eligible small- and medium-sized businesses with past-due balances.
The big picture
ComEd’s Energy Efficiency Program addresses a critical need for cost reduction among small businesses, aligning with broader state-level clean energy initiatives. The program’s success highlights the utility sector’s role in supporting economic resilience while advancing sustainability goals. With over $607M in incentives deployed since 2015, ComEd is positioning itself as a key partner for small businesses navigating financial pressures and regulatory shifts.
What we're watching
- Program Scalability
- Whether ComEd can sustain the pace of assessments and incentives as small businesses face rising operating costs.
- Regulatory Alignment
- How Illinois’ clean energy goals will influence further expansion or modification of the program.
- Competitive Dynamics
- The pace at which other utilities adopt similar programs to attract and retain small business customers.
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