ComEd Proposes Discount Program to Reduce Energy Burden for Income-Eligible Customers
Exelon Corporation (EXC)
Last exelon corporation earnings: 2/11 06:50 am
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Source: Business Wire
Income-based discount to be available as early as 2025, pending regulatory approval CHICAGO--(BUSINESS WIRE)--ComEd yesterday presented a proposal to the Illinois Commerce Commission (ICC) outlining a new Low-Income Discount (LID) program to help income-eligible customers manage their energy bills. The proposed program would enable qualifying customers to receive a percentage-based discount on their monthly electric bill determined by income level. Those with household incomes less than or equal to 50% of the Federal Poverty Level (FPL) will receive the greatest discount. However, customers with household incomes up to 300% of the FPL will be still eligible for a discount. ComEd hopes to begin providing discount credits in 2025, pending final approval from the Commission.“ComEd’s newly proposed low-income discount program builds upon our longstanding commitment to keep bills affordable for all customers,” said Gil Quiniones, President and CEO, ComEd. “Electricity is an essential se
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- Institutional owners may consider drastic measures as Exelon Corporation's (NASDAQ:EXC) recent US$1.5b drop adds to long-term losses [Yahoo! Finance]Yahoo! Finance
EXC
Earnings
- 2/21/24 - Beat
EXC
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- EXC's page on the SEC website