ComEd Reminds Income-Eligible Customers to Take Advantage of Latest Program Designed to Provide Bill Relief

Core Viewpoint - ComEd has launched a Low-Income Discount (LID) program aimed at providing bill relief to low- to moderate-income customers, offering discounts based on income levels to help alleviate the financial burden of rising energy costs [1] Group 1: Program Details - The LID program offers percentage-based discounts on monthly electric bills, targeting a reduction to 3% to 6% of total household income for eligible customers [1] - Currently, 240,000 customers are enrolled in the LID program, with ongoing enrollment to assist those struggling to pay their energy bills [1] - Discounts are tiered for households with incomes up to 300% of the federal poverty level, which is $96,450 for a family of four [1] Group 2: Economic Context - The introduction of the LID program comes as customers face rising energy supply costs, influenced by supply-demand imbalances that affect nearly half of energy bills [1] - Rockford Mayor Tom McNamara emphasized the pressing challenge of affordability for families, as costs for utilities and housing continue to rise [1] Group 3: Application Process - Customers can apply for the LID program simultaneously with state energy assistance programs like LIHEAP and PIPP, through Community Action Agencies (CAAs) [1] - Those with incomes between 201% and 300% of the federal poverty level may qualify as Tier 5 customers for the LID program [1] Group 4: Expected Savings - Eligible customers can receive LID for 13 to 24 months, with potential savings ranging from 5% to 80% on their electric bills, depending on household income and delivery class [1] - ComEd estimates that over 35,000 households in Winnebago and Boone counties could benefit from the LID program [1] Group 5: Additional Support Programs - In 2025, ComEd connected over 220,000 customers to more than $108 million in financial assistance, including a $10 million Customer Relief Fund that aided over 30,000 customers [1] - ComEd continues to offer various customer support programs to help manage energy use and provide relief for past-due balances [1]