LIHEAP Spells H-E-L-P for PECO Low-Income Customers
February 12 2015 - 12:29PM
Business Wire
Customers Must ACT NOW For LIHEAP Grants
Before Money Runs Out
PECO’s low-income customers must apply today to take advantage
of less than $66 million in assistance remaining as part of the
Federal Low-Income Home Energy Assistance Program (LIHEAP). More
than 30,000 PECO customers have already received $8.2 million in
LIHEAP assistance this winter to help pay their PECO heating
bills.
Customers can apply immediately by calling 1-800-34-HELP-4,
visiting peco.com/help, or by visiting PECO's District Office at
2301 Market Street in Philadelphia.
LIHEAP is a federal program that provides assistance to
individuals who are having trouble paying their heating bills.
Homeowners, renters and subsidized housing tenants may be eligible.
Last year nearly 44,000 PECO customers received more than $14.5
million in LIHEAP assistance.
The LIHEAP program provides cash grants up to $1,000 per
customer through a direct payment to a vendor such as a utility
like PECO. The maximum crisis grant this year is $500 per customer.
Grants are based on household size and income, type of fuel used
and county of residence. A family of four with an annual household
income of $35,775 can qualify for help. To be eligible, annual
household income cannot exceed 150 percent of the federal poverty
income guidelines or:
- $17,505 one-person household
- $23,595 two-person household
- $29,685 three-person household
- $35,775 four-person household
For larger households, the guidelines increase by $6,090 for
each additional person.
PECO manages the largest and most comprehensive Universal
Services program in the state. In addition to LIHEAP, PECO has many
other programs to help customers manage their energy costs and save
money. Other assistance programs include:
- The Customer Assistance Program (CAP):
A discounted rate for low-income customers.
- The Matching Energy Assistance Fund
(MEAF): A program funded by voluntary contributions of citizens and
matched dollar for dollar by PECO for up to $1,000 in total
assistance for those who qualify.
- Low Income Usage Reduction Program
(LIURP): A program that provides year-round conservation and
weatherization assistance for qualified households.
- Customer Assistance and Referral
Evaluation Services (CARES): A referral and information service
designed to assist customers who have temporary personal or
financial hardships that prevent the payment of their utility
bill.
PECO customers who are not eligible for low- and fixed-income
assistance but are having trouble managing their energy costs
should also consider taking advantage of other programs including
budget billing. Budget billing makes short-term fluctuation in
monthly bills much easier to handle by dividing annual energy costs
evenly throughout the year.
All customers also can save money on their monthly energy bills
by using energy as efficiently as possible. To find low-cost and
no-cost ways to save energy and money and to take the PECO Smart
Home e-Audit, visit peco.com/smartideas.
Based in Philadelphia, PECO is an electric and natural gas
utility subsidiary of Exelon Corporation (NYSE: EXC). PECO serves
1.6 million electric and more than 500,000 natural gas customers in
southeastern Pennsylvania and employs about 2,400 people in the
region. PECO delivered 85.7 billion cubic feet of natural gas and
37.8 billion kilowatt-hours of electricity in 2013. Founded in
1881, PECO is one of the Greater Philadelphia Region's most active
corporate citizens, providing leadership, volunteer and financial
support to numerous arts and culture, education, environmental,
economic development and community programs and organizations. For
more information visit PECO.com, and connect with the company on
Facebook and Twitter.
If you are a member of the media and would like to receive PECO
news releases via e-mail please send your e-mail address to
PECO.Communication@exeloncorp.com
PECOBen Armstrong,
215-841-5555benjamin.armstrong@exeloncorp.com
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