Latest news with #BeneficialElectrification
Yahoo
29-05-2025
- Business
- Yahoo
ComEd Receives Approval for Beneficial Electrification Plan 2, Continuing to Advance Transportation Electrification in Illinois
Investment of $168 million over three years will support EV purchases and charging infrastructure advancements CHICAGO, May 29, 2025--(BUSINESS WIRE)--ComEd today announced that the Illinois Commerce Commission (ICC) has approved its second Beneficial Electrification (BE) Plan, investing approximately $168 million over a three-year period beginning in 2026. The continuation of ComEd's BE funding marks a significant step forward in ComEd's commitment to advancing electric vehicle (EV) adoption and reducing emissions in northern Illinois. Building on its current $231 million investment in beneficial electrification, deployed from 2023 through 2025, ComEd will invest an additional $168 million between 2026-2028 through BE Plan 2 to help residential and non-residential customers transition to and take advantage of electric vehicles. Since February of 2024, ComEd has incentivized the purchase and installation of nearly 5,000 public and private EV charging ports (Level 2 and Fast Chargers) and the purchase or lease of nearly 1,000 new and pre-owned electric fleet vehicles. More than 70% of the rebates awarded have gone to low-income customers or business and public sector organizations located in, or primarily serving, low-income and Equity Investment Eligible Communities (EIECs). Over this same period, Illinois has seen EV registrations grow three to four times faster than the nation as a whole. "The shift to EVs is a major milestone on the road to Illinois' clean energy future, and it is part of a broader effort to electrify more of our region's energy system," said Gil C. Quiniones, ComEd President and CEO. "Through the expansion of our Beneficial Electrification programs, ComEd is helping to reduce carbon emissions, improve air quality, and enable all communities to enjoy the benefits and opportunities that flow from the global energy transformation." The approval of ComEd's BE Plan 2 follows the successful implementation of ComEd's first BE Plan, which was approved in 2023 under the guidance of the Climate and Equitable Jobs Act (CEJA). Signed into law by Governor J.B. Pritzker in 2021, CEJA aims to combat climate change by leveraging Illinois' clean electricity grid and promoting beneficial electrification across the state. "Illinois is committed to decarbonizing the transportation sector, and ComEd's BE Plan 2 plays a crucial role in enabling more electric vehicle adoption in the state," said Megha Lakhchaura, State EV Officer of Illinois. "By expanding charging infrastructure and providing incentives from the state and key partners like ComEd, we are making EV adoption more accessible and practical for residents and businesses alike." Key components of ComEd's second Beneficial Electrification Plan include: Residential EV Charger and Installation Program: $11 million, over three years, to offer rebates of up to $2,500 per household to support the purchase and installation of residential Level 2 electric vehicle chargers. Business and Public Sector EV Purchase Program: $82 million, over three years, to offer rebates for the purchase or lease of new or pre-owned fleet EVs of all weight classes. Business and Public Sector Make-Ready Program: $44 million, over three years, to offer rebates for covering costs associated with making sites ready for public or private Level 2 of DC Fast Charging equipment. Customer Education and Awareness Program: $11 million, over three years, to fund multiple efforts to empower and support customers to make informed decisions about vehicle electrification and charging infrastructure deployment. This includes free access to ComEd support tools including Fleet Electrification Assessments, EV Toolkits and training programs for municipalities interested in achieving "EV Ready" status, and free Fleet Electrification Assessments, among others. Research and Development Program: $11 million, over three years, to evaluate and demonstrate the impact of new transportation and electrification technologies. Portfolio Program: $9 million, over three years, to fund a variety of initiatives spanning across multiple programs, to support a successful deployment of BE Plan 2 as a whole. Projects located in, or primarily serving, low income or EIECs, will be eligible for higher rebate amounts, and will receive more than 50% of the BE Plan 2 budget. Exact rebate amounts may be adjusted in response to demand over the course of the BE Plan 2 timeline. EVs provide a variety of benefits for customers. Not only do they offer fuel and maintenance cost savings and performance benefits, but communities can experience broad environmental improvements from reduced tailpipe emissions. Additionally, electrifying transportation—especially vehicle fleets—can create tangible benefits for all communities and families across northern Illinois, including health benefits in communities which have traditionally borne the brunt of climate change and air pollution. "Reducing vehicle emissions is one of the most effective ways to improve air quality and public health," said Brian Urbaszewski, Director of Environmental Health Programs at Respiratory Health Association. "Given current uncertainty with other sources of funding that foster zero-emission transportation, ComEd's continued investment in its Beneficial Electrification Plan is now even more critical in helping cut harmful pollutants, leading to cleaner air and healthier communities across northern Illinois." ComEd's BE Plan 2 was developed in close collaboration with multiple stakeholders, including environmental organizations, community groups and industry experts to ensure equitable access to electrification benefits. The continued efforts in 2026 will build upon the existing resources and tools ComEd has already launched to support customer education and EV adoption including, the ComEd EV Toolkit, EV Ambassador Program, EV Readiness program, EV Load Capacity Map, Fleet Electrification Assessments, EV Service Provider Network, EV Dealership Network and more. For more information on ComEd's second BE Plan and available resources and programs offered by ComEd, please visit ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 energy company serving more than 10.7 million electricity and natural gas customers—the largest number of customers in the U.S. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state's population. For more information, visit and connect with the company on Facebook, Instagram, LinkedIn, X and YouTube. View source version on Contacts ComEdMedia Relations312-394-3500
Business Wire
29-05-2025
- Business
- Business Wire
ComEd Receives Approval for Beneficial Electrification Plan 2, Continuing to Advance Transportation Electrification in Illinois
CHICAGO--(BUSINESS WIRE)--ComEd today announced that the Illinois Commerce Commission (ICC) has approved its second Beneficial Electrification (BE) Plan, investing approximately $168 million over a three-year period beginning in 2026. The continuation of ComEd's BE funding marks a significant step forward in ComEd's commitment to advancing electric vehicle (EV) adoption and reducing emissions in northern Illinois. Building on its current $231 million investment in beneficial electrification, deployed from 2023 through 2025, ComEd will invest an additional $168 million between 2026-2028 through BE Plan 2 to help residential and non-residential customers transition to and take advantage of electric vehicles. Since February of 2024, ComEd has incentivized the purchase and installation of nearly 5,000 public and private EV charging ports (Level 2 and Fast Chargers) and the purchase or lease of nearly 1,000 new and pre-owned electric fleet vehicles. More than 70% of the rebates awarded have gone to low-income customers or business and public sector organizations located in, or primarily serving, low-income and Equity Investment Eligible Communities (EIECs). Over this same period, Illinois has seen EV registrations grow three to four times faster than the nation as a whole. 'The shift to EVs is a major milestone on the road to Illinois' clean energy future, and it is part of a broader effort to electrify more of our region's energy system,' said Gil C. Quiniones, ComEd President and CEO. 'Through the expansion of our Beneficial Electrification programs, ComEd is helping to reduce carbon emissions, improve air quality, and enable all communities to enjoy the benefits and opportunities that flow from the global energy transformation.' The approval of ComEd's BE Plan 2 follows the successful implementation of ComEd's first BE Plan, which was approved in 2023 under the guidance of the Climate and Equitable Jobs Act (CEJA). Signed into law by Governor J.B. Pritzker in 2021, CEJA aims to combat climate change by leveraging Illinois' clean electricity grid and promoting beneficial electrification across the state. 'Illinois is committed to decarbonizing the transportation sector, and ComEd's BE Plan 2 plays a crucial role in enabling more electric vehicle adoption in the state,' said Megha Lakhchaura, State EV Officer of Illinois. 'By expanding charging infrastructure and providing incentives from the state and key partners like ComEd, we are making EV adoption more accessible and practical for residents and businesses alike.' Key components of ComEd's second Beneficial Electrification Plan include: Residential EV Charger and Installation Program: $11 million, over three years, to offer rebates of up to $2,500 per household to support the purchase and installation of residential Level 2 electric vehicle chargers. Business and Public Sector EV Purchase Program: $82 million, over three years, to offer rebates for the purchase or lease of new or pre-owned fleet EVs of all weight classes. Business and Public Sector Make-Ready Program: $44 million, over three years, to offer rebates for covering costs associated with making sites ready for public or private Level 2 of DC Fast Charging equipment. Customer Education and Awareness Program: $11 million, over three years, to fund multiple efforts to empower and support customers to make informed decisions about vehicle electrification and charging infrastructure deployment. This includes free access to ComEd support tools including Fleet Electrification Assessments, EV Toolkits and training programs for municipalities interested in achieving 'EV Ready' status, and free Fleet Electrification Assessments, among others. Research and Development Program: $11 million, over three years, to evaluate and demonstrate the impact of new transportation and electrification technologies. Portfolio Program: $9 million, over three years, to fund a variety of initiatives spanning across multiple programs, to support a successful deployment of BE Plan 2 as a whole. Projects located in, or primarily serving, low income or EIECs, will be eligible for higher rebate amounts, and will receive more than 50% of the BE Plan 2 budget. Exact rebate amounts may be adjusted in response to demand over the course of the BE Plan 2 timeline. EVs provide a variety of benefits for customers. Not only do they offer fuel and maintenance cost savings and performance benefits, but communities can experience broad environmental improvements from reduced tailpipe emissions. Additionally, electrifying transportation—especially vehicle fleets—can create tangible benefits for all communities and families across northern Illinois, including health benefits in communities which have traditionally borne the brunt of climate change and air pollution. 'Reducing vehicle emissions is one of the most effective ways to improve air quality and public health,' said Brian Urbaszewski, Director of Environmental Health Programs at Respiratory Health Association. 'Given current uncertainty with other sources of funding that foster zero-emission transportation, ComEd's continued investment in its Beneficial Electrification Plan is now even more critical in helping cut harmful pollutants, leading to cleaner air and healthier communities across northern Illinois.' ComEd's BE Plan 2 was developed in close collaboration with multiple stakeholders, including environmental organizations, community groups and industry experts to ensure equitable access to electrification benefits. The continued efforts in 2026 will build upon the existing resources and tools ComEd has already launched to support customer education and EV adoption including, the ComEd EV Toolkit, EV Ambassador Program, EV Readiness program, EV Load Capacity Map, Fleet Electrification Assessments, EV Service Provider Network, EV Dealership Network and more. For more information on ComEd's second BE Plan and available resources and programs offered by ComEd, please visit
Yahoo
27-05-2025
- Business
- Yahoo
ComEd Launches EV Ambassador Program to Expand EV Adoption in Northern Illinois
Community ambassadors will lead education and awareness around EV adoption at summer events in northern Illinois CHICAGO, May 27, 2025--(BUSINESS WIRE)--To expand efforts to support customers considering making the switch to electric vehicles (EVs), ComEd today announced the launch of its new EV Ambassador Program, a community-driven initiative designed to expand education and awareness around EV adoption and benefits in northern Illinois. The program will launch with the introduction of three local partner organizations: Equiticity, Bronzeville Community Development Partnership and A Step Beyond NFP. EV Ambassadors through this program will engage directly with residents and local businesses through community events, presentations and pop-up EV demonstrations throughout the summer. "Switching to an EV can come with a variety of benefits, including fuel cost savings and reduced environmental impact. We are committed to helping our customers reap the benefits of this transition and ensure they understand the resources available to them as they consider EV options," said Melissa Washington, senior vice president of customer operations and strategic initiatives at ComEd. "ComEd launched this new EV Ambassador program to better reach customers where they are, increase the visibility of our offerings and connect communities who will see the greatest benefits of EVs with the correct resources." The EV Ambassador Program is part of ComEd's broader Beneficial Electrification (BE) Plan, which provides customers with resources and financial rebates to support the transition to cleaner transportation. ComEd's BE funding launched in its 2023 BE Plan, and funding has been extended through 2028 with the recent approval of ComEd's second BE Plan. Through the new EV Ambassador initiative, ambassadors will interact with community members and businesses to connect them with ComEd rebate programs, EV Dealership network, EV Toolkit and more. "I'm honored to serve as a ComEd EV Ambassador, and excited to spread the wealth of knowledge that empowers our communities to embrace cleaner energy, reduce our carbon footprint and build a brighter, healthier future for our city. Together, we can make meaningful change, one conversation, one home and one neighborhood at a time," said Nicole Wheatly, Founder and Executive Director of A Step Beyond NFP. "Bronzeville Community Development Partnership and JitneyEV are pleased to participate as ComEd EV Ambassadors. This program aligns with our mission of accelerating the EV transition, especially in historically underserved communities where health and air quality are negatively impacted by proximity to expressways and industrial corridors. One of the biggest barriers to EV adoption is lack of awareness about the economic and health benefits of EV transportation," said William Davis, Executive Director at Bronzeville Community Development Partnership. "Equiticity is pleased to partner with ComEd on their new EV Ambassador Program. We look forward to our work together to ensure Black and Brown neighborhoods are experiencing the range of benefits from increased adoption of electric transportation," said Olatunji Oboi Reed, President and CEO of Equiticity. Community members can meet with ComEd's EV Ambassadors and experience EV technology firsthand at a variety of events this summer including: - Oak Park Farmer's Market: May 31 - Broadview Village Hall Community EV Presentation: May 31 - Rockford Community Market: June 5 - Heartland Alliance 'Vital Bridges' Community Event: June 13 - Transport Chicago 2025: June 13 - Park Forest EV Car Show: June 25 - Cars at Lincoln Commons: June 28 Additional events will be added to the EV Ambassador Program schedule throughout the year, and information can be found at The Ambassador organizations were selected through a rigorous application and interview process to ensure that each represented organization would have a strong interest in sustainability and credibility in their respective communities. Each participating Ambassador organization will be awarded a small stipend for their participation in 2025 and ComEd hopes to continue this program in future years. The launch of the ComEd EV Ambassador program builds on existing commitments from the utility to support EV adoption for its customers. In February, ComEd announced at least $100 million rebates available to customers in 2025 to help more customers take steps toward EV adoption. To reduce the cost barriers to EVs, the rebates cover three distinct programs: residential EV charger and installation costs, all-electric fleet vehicles and business and public sector make ready charging costs. To date, ComEd has awarded $30 million in rebates this year funding nearly 5,000 public and private EV charging ports (L2 and DC Fast Chargers) and incentivizing the lease or purchase of nearly 1,000 new and pre-owned electric fleet vehicles. A majority of the funds, 85% has been awarded to customers residing in, or primarily doing business in Equity Investment Eligible (EIEC) communities. All of ComEd's EV programming puts equity front and center, with more than half of the total rebate funds reserved for low-income customers and equity-eligible communities, and the majority of community education and awareness events taking place in equity-eligible communities. For more information on EV resources and programs offered by ComEd, please visit ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 energy company serving more than 10.7 million electricity and natural gas customers—the largest number of customers in the U.S. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state's population. For more information, visit and connect with the company on Facebook, Instagram, LinkedIn, X and YouTube. View source version on Contacts ComEdMedia Relations312-394-3500 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
27-05-2025
- Automotive
- Business Wire
ComEd Launches EV Ambassador Program to Expand EV Adoption in Northern Illinois
CHICAGO--(BUSINESS WIRE)--To expand efforts to support customers considering making the switch to electric vehicles (EVs), ComEd today announced the launch of its new EV Ambassador Program, a community-driven initiative designed to expand education and awareness around EV adoption and benefits in northern Illinois. The program will launch with the introduction of three local partner organizations: Equiticity, Bronzeville Community Development Partnership and A Step Beyond NFP. EV Ambassadors through this program will engage directly with residents and local businesses through community events, presentations and pop-up EV demonstrations throughout the summer. 'Switching to an EV can come with a variety of benefits, including fuel cost savings and reduced environmental impact. We are committed to helping our customers reap the benefits of this transition and ensure they understand the resources available to them as they consider EV options,' said Melissa Washington, senior vice president of customer operations and strategic initiatives at ComEd. 'ComEd launched this new EV Ambassador program to better reach customers where they are, increase the visibility of our offerings and connect communities who will see the greatest benefits of EVs with the correct resources.' The EV Ambassador Program is part of ComEd's broader Beneficial Electrification (BE) Plan, which provides customers with resources and financial rebates to support the transition to cleaner transportation. ComEd's BE funding launched in its 2023 BE Plan, and funding has been extended through 2028 with the recent approval of ComEd's second BE Plan. Through the new EV Ambassador initiative, ambassadors will interact with community members and businesses to connect them with ComEd rebate programs, EV Dealership network, EV Toolkit and more. 'I'm honored to serve as a ComEd EV Ambassador, and excited to spread the wealth of knowledge that empowers our communities to embrace cleaner energy, reduce our carbon footprint and build a brighter, healthier future for our city. Together, we can make meaningful change, one conversation, one home and one neighborhood at a time,' said Nicole Wheatly, Founder and Executive Director of A Step Beyond NFP. 'Bronzeville Community Development Partnership and JitneyEV are pleased to participate as ComEd EV Ambassadors. This program aligns with our mission of accelerating the EV transition, especially in historically underserved communities where health and air quality are negatively impacted by proximity to expressways and industrial corridors. One of the biggest barriers to EV adoption is lack of awareness about the economic and health benefits of EV transportation,' said William Davis, Executive Director at Bronzeville Community Development Partnership. 'Equiticity is pleased to partner with ComEd on their new EV Ambassador Program. We look forward to our work together to ensure Black and Brown neighborhoods are experiencing the range of benefits from increased adoption of electric transportation,' said Olatunji Oboi Reed, President and CEO of Equiticity. Community members can meet with ComEd's EV Ambassadors and experience EV technology firsthand at a variety of events this summer including: - Oak Park Farmer's Market: May 31 - Broadview Village Hall Community EV Presentation: May 31 - Rockford Community Market: June 5 - Heartland Alliance 'Vital Bridges' Community Event: June 13 - Transport Chicago 2025: June 13 - Park Forest EV Car Show: June 25 - Cars at Lincoln Commons: June 28 Additional events will be added to the EV Ambassador Program schedule throughout the year, and information can be found at The Ambassador organizations were selected through a rigorous application and interview process to ensure that each represented organization would have a strong interest in sustainability and credibility in their respective communities. Each participating Ambassador organization will be awarded a small stipend for their participation in 2025 and ComEd hopes to continue this program in future years. The launch of the ComEd EV Ambassador program builds on existing commitments from the utility to support EV adoption for its customers. In February, ComEd announced at least $100 million rebates available to customers in 2025 to help more customers take steps toward EV adoption. To reduce the cost barriers to EVs, the rebates cover three distinct programs: residential EV charger and installation costs, all-electric fleet vehicles and business and public sector make ready charging costs. To date, ComEd has awarded $30 million in rebates this year funding nearly 5,000 public and private EV charging ports (L2 and DC Fast Chargers) and incentivizing the lease or purchase of nearly 1,000 new and pre-owned electric fleet vehicles. A majority of the funds, 85% has been awarded to customers residing in, or primarily doing business in Equity Investment Eligible (EIEC) communities. All of ComEd's EV programming puts equity front and center, with more than half of the total rebate funds reserved for low-income customers and equity-eligible communities, and the majority of community education and awareness events taking place in equity-eligible communities. For more information on EV resources and programs offered by ComEd, please visit
