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ComEd Community Solar Projects Delivering Monthly Savings to Income-eligible Customers
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Rhea-AI Summary
ComEd has launched its unique Give-A-Ray program, providing income-eligible customers with the opportunity to access community solar projects, leading to an annual savings of about $1,000 on electricity bills for up to three years. The program includes projects in Rockford and Kankakee, serving over 560 customers. By the end of this year, ComEd will have interconnected more than 80 community solar projects, aiming for a solar generation capacity increase from 500 MW to 2,700 MW by 2030.
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Offers annual savings of approximately $1,000 for eligible customers.
Serves over 560 income-eligible customers.
Plans to expand to over 80 community solar projects by year-end, reaching around 30,000 customers.
Projected increase in solar generation capacity from 500 MW to 2,700 MW by 2030.
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Unique Give-A-Ray program increasing access to renewable energy
CHICAGO--(BUSINESS WIRE)--
ComEd today announced that subscribers to three community solar projects designed for income-eligible customers are now receiving credits that will provide approximately $1,000 a year in savings on their electricity bills for up to three years.
The projects – one in Rockford, Ill., and two in Kankakee, Ill. – were developed in conjunction with ComEd’s Give-A-Ray program, a new offering enabled by Illinois Solar for All, a state initiative to make solar energy more affordable for income-eligible households. Community solar allows customers to participate in the benefits of clean solar energy without installing panels on their own homes. Participants subscribe to a solar energy project and earn credits on their monthly utility bills for their portion of the energy produced by the solar project.
Give-A-Ray is the first program of its kind in Illinois. The three projects serve a total of more than 560 customers, and ComEd pays their monthly subscription fees. Subscribers to the Rockford project started receiving monthly bill credits averaging $83 in August, and Kankakee participants began receiving credits in October. Give-A-Ray projects are open to income-eligible residents with an active ComEd account who live in the communities ComEd serves. While the three projects are currently fully subscribed, customers can learn more about the program requirements and register their interest for future openings at: www.ComEd.com/GiveARay.
“We are encouraged to see ComEd customers taking advantage of Give-A-Ray as we continue to increase access to solar energy across northern Illinois, with a focus on our neighbors in under-resourced communities,” said Scott Vogt, vice president of strategy and energy policy at ComEd. “We are closely monitoring these projects and engaging subscribers through this three-year demonstration phase with an eye toward expanding the program. The future is bright for solar in Illinois, and we want everyone to be able to participate regardless of their income.”
“The chance to participate in ComEd’s Give-A-Ray program could not come at a better time given the rising cost of energy and daily living,” said Brenda Booth, who subscribes to the Rockford project. “The savings on our energy bill are real and we’re happy to support the growth of clean energy in our community.”
The Rockford Give-A-Ray project, developed by Trajectory Energy Partners of Illinois and owned and operated by Massachusetts-based Nexamp, Inc., is located on a previously empty field north of downtown. It has more than 6,600 solar panels with 2.6 megawatts (MW) of solar generation capacity. Trajectory Energy also developed the Gar Creek project in Kankakee while BW Fosler, Freeport, Ill., managed construction. The Gar Creek project is located in a low-income neighborhood and its two solar arrays contain a total of 12,000 solar panels with a combined solar generation capacity of 4.8 MW.
“Community solar is unique as it offers customers access to the benefits of clean, solar energy by providing them with meaningful savings on their energy bill,” said Nathaniel Dick, director of energy, Preservation of Affordable Housing, Inc., which supported enrollment in the Gar Creek Solar project. “ComEd’s Give-A-Ray program is the best program we have seen to help reduce the energy burden at sites for low-to-moderate income families, some of whom will have zero-dollar energy bills in the coming months.”
By the end of this year, ComEd expects to have more than 80 community solar projects interconnected to its grid and serving approximately 30,000 residential customers. The company estimates that it will increase solar generation on the ComEd system from a current level of almost 500 MW to 2,700 MW by 2030, including rooftop and community solar systems. The number of residential and business customers who have installed solar systems has grown from 700 at the end of 2016 to almost 30,000 at the end of June 2022.
ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 energy company with approximately 10 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 ComEd.com and with the company on Facebook, Twitter, Instagram and YouTube.
