ComEd’s Smart Ideas® Energy Efficiency Program To Reach $1 Billion in Customer Savings Milestone
December 11 2014 - 1:02PM
Business Wire
One of the largest energy efficiency
programs in the nation
ComEd customers looking to reduce their energy use and save
money on their electric bill can turn to the electric company’s
Smart Ideas program for a variety of energy-saving solutions. Since
its launch in 2008, the ComEd Smart Ideas program has helped
customers save more than $950 million on their electric bills and
reduce energy usage by more than 9.8 million megawatt-hours, enough
to power one million homes for a year. By end of 2014, customer
savings are expected to reach over one billion dollars.
“We’ve made a commitment to help our customers manage their
energy use – a commitment represented by our Smart Ideas program.
Our goal is to equip our customers with the right tools and
knowledge to help them make smarter energy decisions,” said Val
Jensen, senior vice president of Customer Operations, ComEd. “This
is a significant milestone for our energy efficiency program, which
is one of the largest programs of its kind in the nation and we
look forward to continuing to grow ComEd’s Smart Ideas and bringing
more value to our customers.”
The ComEd Smart Ideas program offers residential and business
customers an array of solutions to help them stay environmentally
conscious, conserve energy and save money through financial
incentives, rebates, online energy management tools, recycling, and
more.
Small Business Energy Savings (SBES) - Through SBES, small businesses
owners can receive FREE energy assessments of their facilities and
instant financial incentives to offset the costs of the recommended
energy-efficiency improvements. Since the program’s inception,
ComEd has helped more than 10,000 small businesses in its service
area reduce their operating costs and enhance efficiencies,
including installing water heaters and upgrading lighting
systems.
Home Energy Assessments – Through a partnership with the
natural gas utility, customers receive FREE installation of
energy-saving products such as compact fluorescent bulbs (CFLs), a
programmable thermostat, energy-efficient showerheads, hot water
pipe insulation, and bathroom and kitchen sink aerators. They will
also receive a customized report identifying additional ways to
save energy. Renters are also eligible, with permission from their
landlord.
Fridge & Freezer Recycling - ComEd will pick
up a customer’s old, working refrigerator or freezer for FREE,
recycle it in an environmentally responsible way and send customers
$35 for participating. In addition to working refrigerators and
freezers, customers will also receive $10 for a working room air
conditioner when it’s picked up at the same time as a fridge or
freezer. Since 2008, ComEd has recycled more than 200,000 units
which has kept more than 13,000 tons of metal, 2,500 tons of
plastic, and 500 tons of glass out of local landfills and put
toward the production of useful products such as laptop computer
cases and building supplies.
Home Energy Rebates – In coordination with the local
natural gas utilities, ComEd also offers customers rebates for
installing qualifying, high-efficiency equipment and services.
Customers can receive up to $400 for installing a qualifying
central AC unit, up to $400 for attic insulation, and up to $400
for air sealing.
ComEd also offers the following tips to help customers safely
prepare their homes for winter weather, manage their energy usage
and reduce electricity costs.
- Set your thermostat up to 10 degrees
lower during the winter, when you leave your home and before going
to sleep. You could save up to 15 percent a year on heating
costs.
- Check your HVAC filter every month. If
the filter looks dirty after a month, change it. A dirty filter
will slow down air flow and make the system work harder to keep you
warm thus wasting energy.
- Replace incandescent holiday lights
with LEDs (lighting emitting diode). LEDs typically consume about
75 percent less energy and can last up to 10 times longer. They’re
also more durable, shock-resistant and generate less heat compared
to traditional incandescent light strands.
- Inspect the caulking and
weather-stripping around all windows, doors and openings for
utility services, replacing as necessary. Also, check ducts that
move air to-and-from a forced air furnace, central air conditioner,
or heat pump, which are often big energy wasters. Sealing and
insulating ducts can improve the efficiency of your heating and
cooling system by as much as 20 percent.
For more information on ComEd Smart Ideas Energy Efficiency
Program, customers can visit ComEd.com/HomeSavings for residential
customers and ComEd.com/BizIncentives for business customers, or
call 855-IDEAS-00 (855-433-2700).
Commonwealth Edison Company (ComEd) is a unit of Chicago-based
Exelon Corporation (NYSE: EXC), the nation’s leading competitive
energy provider, with approximately 6.6 million customers. ComEd
provides service to approximately 3.8 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 and YouTube.
ComEd Media Relations(312) 394-3500www.ComEd.com/News
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