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ComEd Launches New Resource to Help Customers Interested in Adding Heat Pump Technology at Home

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ComEd has launched a new Go Electric website to help customers consider switching from traditional furnaces to electric heat pumps. The site provides comprehensive information on heat pump benefits, pricing, incentives, and contractor locating. Heat pumps offer both heating and cooling capabilities, moving heat rather than generating it, resulting in a cleaner and more efficient process.

The Go Electric site features a heat pump 101 section, options comparison, personalized savings calculator, information on incentives and financing, and a contractor finder. ComEd is supporting customers in their transition to clean energy technologies by ensuring grid readiness for increased electrification and offering tools to ease the journey.

Heat pump adoption is seen as a key strategy for reducing greenhouse gas emissions and addressing climate change. ComEd has expanded its heat pump discounts, offering up to $1,400 per customer for purchasing and installing a new air source heat pump. In 2023, ComEd awarded over 5,000 heat pump discounts, with more than 10,000 discounts provided since 2021.

ComEd ha lanciato un nuovo sito Go Electric per aiutare i clienti a considerare il passaggio da caldaie tradizionali a pompe di calore elettriche. Il sito fornisce informazioni complete sui vantaggi delle pompe di calore, sui prezzi, sugli incentivi e sulla ricerca di installatori. Le pompe di calore offrono capacità di riscaldamento e raffreddamento, trasferendo calore anziché generarlo, risultando in un processo più pulito ed efficiente.

Il sito Go Electric presenta una sezione 101 sulle pompe di calore, un confronto delle opzioni, un calcolatore personalizzato dei risparmi, informazioni su incentivi e finanziamenti, e un trovainstallatore. ComEd sostiene i clienti nella loro transizione verso tecnologie energetiche pulite, assicurando che la rete sia pronta per l'elettrificazione aumentata e offrendo strumenti per facilitare il percorso.

Adottare pompe di calore è vista come una strategia chiave per ridurre le emissioni di gas serra e affrontare il cambiamento climatico. ComEd ha ampliato i suoi sconti sulle pompe di calore, offrendo fino a $1.400 per cliente per l'acquisto e l'installazione di una nuova pompa di calore ad aria. Nel 2023, ComEd ha assegnato oltre 5.000 sconti sulle pompe di calore, con più di 10.000 sconti forniti dal 2021.

ComEd ha lanzado un nuevo sitio web Go Electric para ayudar a los clientes a considerar el cambio de calderas tradicionales a bombas de calor eléctricas. El sitio proporciona información completa sobre los beneficios de las bombas de calor, precios, incentivos y localización de contratistas. Las bombas de calor ofrecen capacidades de calefacción y refrigeración, moviendo calor en lugar de generarlo, resultando en un proceso más limpio y eficiente.

El sitio Go Electric cuenta con una sección 101 sobre bombas de calor, comparación de opciones, una calculadora de ahorros personalizada, información sobre incentivos y financiamiento, y un localizador de contratistas. ComEd apoya a los clientes en su transición hacia tecnologías energéticas limpias, asegurando que la red esté lista para una mayor electrificación y ofreciendo herramientas para facilitar el proceso.

La adopción de bombas de calor se considera una estrategia clave para reducir las emisiones de gases de efecto invernadero y abordar el cambio climático. ComEd ha ampliado sus descuentos en bombas de calor, ofreciendo hasta $1,400 por cliente para la compra e instalación de una nueva bomba de calor de fuente de aire. En 2023, ComEd otorgó más de 5,000 descuentos en bombas de calor, con más de 10,000 descuentos proporcionados desde 2021.

ComEd는 고객이 전통적인 난방기에서 전기 열펌프로 전환하는 것을 고려할 수 있도록 돕기 위해 새로운 Go Electric 웹사이트를 개설했습니다. 이 사이트는 열펌프의 이점, 가격, 인센티브 및 계약자 찾기 등 종합적인 정보를 제공합니다. 열펌프는 열을 생성하기보다는 이동시켜 난방과 냉방 기능을 모두 제공하며, 그 결과 더 깨끗하고 효율적인 과정이 이루어집니다.

Go Electric 사이트에는 열펌프 기초 101 섹션, 옵션 비교, 개인 맞춤형 절약 계산기, 인센티브 및 자금 조달 정보, 계약자 찾기 기능이 있습니다. ComEd는 고객이 청정 에너지 기술로 전환할 수 있도록 전력망 준비 상태를 보장하고 여정을 쉽게 할 수 있는 도구를 제공합니다.

열펌프 도입은 온실가스 배출을 줄이고 기후 변화를 해결하기 위한 주요 전략으로 여겨집니다. ComEd는 새로운 공기원 열펌프 구매 및 설치를 위해 고객당 최대 $1,400의 할인 혜택을 제공하며, 2023년에는 5,000개 이상의 열펌프 할인을 수여했습니다. 2021년 이후 10,000개 이상의 할인 혜택이 제공되었습니다.

ComEd a lancé un nouveau site Go Electric pour aider les clients à envisager de passer de chaudières traditionnelles à des pompes à chaleur électriques. Le site fournit des informations complètes sur les avantages des pompes à chaleur, les prix, les incitations et la recherche d'entrepreneurs. Les pompes à chaleur offrent des capacités de chauffage et de refroidissement, transférant la chaleur plutôt que de la générer, ce qui donne un processus plus propre et plus efficace.

Le site Go Electric propose une section 101 sur les pompes à chaleur, une comparaison des options, un calculateur d'économies personnalisé, des informations sur les incitations et le financement, ainsi qu'un localisateur d'entrepreneurs. ComEd soutient les clients dans leur transition vers des technologies énergétiques propres en garantissant la préparation du réseau pour une électrification accrue et en offrant des outils pour faciliter le chemin.

L'adoption de pompes à chaleur est considérée comme une stratégie clé pour réduire les émissions de gaz à effet de serre et lutter contre le changement climatique. ComEd a élargi ses réductions sur les pompes à chaleur, offrant jusqu'à $1,400 par client pour l'achat et l'installation d'une nouvelle pompe à chaleur par air. En 2023, ComEd a attribué plus de 5 000 réductions sur les pompes à chaleur, avec plus de 10 000 réductions accordées depuis 2021.

ComEd hat eine neue Webseite Go Electric ins Leben gerufen, um Kunden bei der Überlegung zu helfen, von herkömmlichen Heizungen auf elektrische Wärmepumpen umzusteigen. Die Seite bietet umfassende Informationen zu den Vorteilen von Wärmepumpen, Preisen, Anreizen und der Suche nach Auftragnehmern. Wärmepumpen bieten sowohl Heiz- als auch Kühlmöglichkeiten, indem sie Wärme bewegen, anstatt sie zu erzeugen, was zu einem saubereren und effizienteren Prozess führt.

Die Go Electric Seite enthält einen Bereich Wärmepumpe 101, Optionsvergleiche, einen personalisierten Sparrechner, Informationen zu Anreizen und Finanzierungen sowie einen Auftragnehmenden finden. ComEd unterstützt die Kunden bei ihrem Übergang zu sauberen Energietechnologien, indem es die Netzbereitschaft für eine erhöhte Elektrifizierung sicherstellt und Werkzeuge anbietet, die den Übergang erleichtern.

Die Einführung von Wärmepumpen wird als Schlüsseltaktik zur Reduzierung von Treibhausgasemissionen und zur Bekämpfung des Klimawandels angesehen. ComEd hat seine Rabatte auf Wärmepumpen erhöht und bietet bis zu $1.400 pro Kunde für den Kauf und die Installation einer neuen Luftwärmepumpe an. Im Jahr 2023 vergab ComEd über 5.000 Rabatte auf Wärmepumpen, seit 2021 wurden mehr als 10.000 Rabatte gewährt.

Positive
  • ComEd offers up to $1,400 in discounts per customer for purchasing and installing new air source heat pumps
  • Over 5,000 heat pump discounts awarded in 2023, and more than 10,000 since 2021
  • Heat pumps can potentially save customers up to $500 a year on energy costs
  • Adoption of heat pumps could reduce total carbon emissions in Illinois by 28 million tons by 2050 if installed in 500,000 homes
Negative
  • None.

Insights

ComEd's launch of the Go Electric website marks a significant step towards promoting heat pump adoption and home electrification. This initiative aligns with growing consumer interest in clean energy technologies and supports Illinois' climate goals. The site offers valuable tools like a personalized savings calculator and contractor finder, addressing key barriers to heat pump adoption. With potential annual savings of up to $500 per customer and ComEd offering discounts up to $1,400, this could drive substantial market growth. The 28% potential carbon emission reduction by 2050 with widespread adoption underscores the environmental impact. However, the success will depend on consumer education, contractor readiness and grid infrastructure preparedness for increased electrification.

ComEd's Go Electric initiative reflects a strategic response to shifting market dynamics in the energy sector. The surge in heat pump demand, evidenced by over 5,000 discounts awarded in 2023 alone, indicates a growing consumer appetite for energy-efficient technologies. This trend is further bolstered by supportive legislation like CEJA and federal programs. For Exelon (EXC), ComEd's parent company, this positions them favorably in the evolving energy landscape. The focus on customer education and incentives could drive long-term revenue growth through increased electricity demand. However, it's important to monitor the impact on grid infrastructure and potential need for upgrades, which could require significant capital investments. Overall, this initiative aligns well with broader industry shifts towards electrification and could enhance Exelon's competitive position in the utility sector.

All new Go Electric website empowers customers with information on how heat pumps work, lower energy bills and reduce energy consumption year-round

CHICAGO--(BUSINESS WIRE)-- As many homeowners consider a furnace tune up or replacement ahead of the winter season, ComEd is unveiling an all-in-one resource to help customers consider the benefits of switching from traditional furnaces to electric heat pumps. The new Go Electric site provides information to help customers consider the benefits and options of switching to high-efficiency heat pumps, pricing and incentives, how to locate trained contractors, and other key information.

A heat pump acts as a reverse air conditioner, capable of both heating and cooling your home all year round. Heat pumps work by moving heat, rather than generating it by combustion, enabling a cleaner and more efficient process.

“As our customers increasingly look toward clean energy technologies, including heat pumps, ComEd is supporting them by ensuring the grid is ready for more electrification, and by providing a range tools to help ease the journey to a cleaner future,” said Melissa Washington, Senior Vice President Customer Operations and Strategic Initiatives at ComEd. “The Go Electric site aims to empower customers with everything they need to know about heat pumps – from information about how they work, to cost savings, contractors who can help with installation and discounts, and how to make the selection that will maximize their energy usage.”

The new Go Electric site also provides user-friendly tips and information for customers who are considering the benefits of this technology for their home. To educate customers on the benefits of heat pumps and home electrification more broadly, the new Go Electric site offers customers the following tools:

  • Heat pump 101 – customers can learn how heat pumps work and how to integrate it at home
  • Heat pump options – ducted vs. ductless, air source vs. ground source and all-electric vs. dual-fuel
  • A personalized savings calculator – customers can enter details about their home and current utility arrangements in order to calculate customized cost savings and environmental impact estimates
  • Incentives and financing – find information on ComEd’s heat pump discounts, federal tax credits and financing options
  • Contractor finder – locate a ComEd heat pump-trained contractor to help unlock discounts and schedule a heat pump installation

Heat pumps are growing increasingly popular as customers consider an alternative to manage and reduce their overall energy usage and lower carbon emissions as a means to achieve climate targets for a cleaner future. Expanding rapid heat pump adoption is also a key strategy for addressing the impact of climate warming greenhouse gas (GHG) emissions, with heating and cooling one of the largest sources of this pollution.

"Space heating is the largest use of energy in Midwestern homes and offers the greatest potential for energy savings and environmental benefits in our climate,” said Center for Energy and Environment research engineer Ranal Tudawe. “With the Go Electric site, ComEd's customers can learn how heat pumps can do just that, with tools to estimate how they can save on energy bills and carbon emissions, and resources to find trained contractors to install the perfect system for their home."

Heat pumps can help local homeowners lower their carbon output dramatically, with an Elevate Energy study finding that total carbon emissions in Illinois could be reduced by 28 million tons by 2050, if 500,000 homes were to have electric heat pumps installed.

“As we continue to advocate for clean, renewable energy solutions, we’re excited to support the launch of ComEd’s new Go Electric website," said Elevate CEO, Dr. Anne Evens. "This one-stop shop resource portal empowers customers with the knowledge they need to make informed decisions about switching to high-efficiency electric heat pumps. By making this information accessible, we can help individuals and communities take meaningful steps toward reducing their carbon footprint, lowering energy costs, and embracing a more sustainable future ."

Customers may also be attracted to electric heat pumps for the energy-cost savings. The U.S. Department of Energy finds that a heat pump could save customers as much as $500 a year. While cost savings vary by customer, a personalized cost savings calculator found on the new Go Electric website can be used to help customers view estimated annual cost savings, and better understand the factors that influence today’s heating and cooling costs - which include age of housing, weatherization, current utility supplier and fuel source, among others.

Heat pump demand is on the rise in ComEd’s service region, thanks to the state’s Climate and Equitable Jobs Act (CEJA) and new federal laws and programs, both aimed at expanding adoption of key energy saving technologies. To help lower the upfront costs of heat pump installation, ComEd expanded its own heat pump discounts, providing up to $1,400 per customer for purchasing and installing a new air source heat pump.

Last year ComEd saw a record level of uptake in its heating and cooling incentive offerings, with over 5,000 heat pump discounts awarded in 2023, and more than 10,000 discounts provided to customers since 2021. Funding remains available for this year and customers are encouraged to review the heat pump-trained contractor list, and to meet with a contractor to help them qualify for ComEd discounts that reduce the upfront cost on purchase and installation of their heat pumps.

The new heat pump education tool is the latest example of how ComEd supports customers with plans to move toward electrified technologies. Earlier this year, ComEd launched nearly $90 million in EV rebates for residential, business and public sector customers to help lower the upfront cost of adding charging and EV fleet vehicles. Additionally, ComEd in 2022 launched a Whole Home Electric offering, putting $40 million forward to help low-income customers upgrade their homes with energy-saving, all-electric heating and cooling systems and appliances.

For more on heat pumps and how to go electric, please visit ComEd.com/GoElectric. For more on ComEd’s range of clean energy programs, please visit ComEd.com/CleanEnergy.

About ComEd

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 connect with the company on Facebook, Instagram, LinkedIn, X, and YouTube.

ComEd Media Relations

312-394-3500

Source: ComEd

FAQ

What is ComEd's new Go Electric website offering for heat pump information?

ComEd's new Go Electric website offers comprehensive information on heat pump benefits, pricing, incentives, contractor locating, and a personalized savings calculator to help customers consider switching from traditional furnaces to electric heat pumps.

How much can customers save with ComEd's heat pump discounts?

ComEd offers up to $1,400 in discounts per customer for purchasing and installing a new air source heat pump.

How many heat pump discounts has ComEd (EXC) awarded recently?

ComEd awarded over 5,000 heat pump discounts in 2023, and more than 10,000 discounts since 2021.

What potential energy cost savings can customers expect from using heat pumps?

According to the U.S. Department of Energy, a heat pump could save customers as much as $500 a year on energy costs, though actual savings may vary.

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