ComEd Announces Smart Ideas Incentives

Background

The 2007 illinois Power Agency Act established energy efficiency and demand response goals to be met by Comed and other electric utilities in the state. To meet these goals, ComEd developed and launched a suite of energy efficiency incentives called Smart Ideas in 2008 that are expected to yield more that $155 million in savings during the programs’ lifetime. The portfolio could place Comed among the top three utilities in the nation within a few years, in terms of annual electricity savings achieved through energy efficiency. Comed collaborated with numerous key stakeholders and performed a national review of energy efficiency best practices to develop Smart Ideas. This three-year portfolio of programs will empower both residential and business customers to manage energy bills in the future and could:

1. reduce energy consumption by 1.2 million megawatt-hours, which is the energy needed to power 140,000 homes for one year
2. reduce peak load by 330 megawatts, which eliminates the need for large peakers or single unit coal plants
3. reduce carbon by the equivalent of removing 100,000 cars from the road

New Custom Program Announced

Smart Ideas for Your Businesss program offers custom incentives for a variety of equipment and process improvements that lead to electricity savings. Incentives are typically granted for implementing energy efficientimprovements that exceed standard practice, but are not available through the Smart Ideas for Your Business prescriptive measures menu.

The more electricity your project saves, the more your business can earn in incentives — up to 7 cents per kWh saved, up to a maximum of $200,

A wide range of electric equipment and process changes may qualify for Smart Ideas for Your Business custom incentives, including, but not limited to:

• Compressed air technologies – new equipment; properly sized, reduced hp compressors; compressed air storage systems; vacuum pumps
• Controls – Co2 based ventilation, building management system programming, chilled water system upgrades
• Cooling – economizers, ventilation fans
• Lighting – LED outdoor lighting
• Miscellaneous – industrial process improvements
• Motors & Drives – variable frequency drives (vfD) for individual motors greater than 200 hp
• Refrigeration – ammonia compressors, insulated freezer doors

Applications for Custom Projects Available June 1, 2009

Applications for Program Year 2* Smart Ideas incentives will be available June 1, 2009. This application should be used as the pre-approval form and again as the final incentive application form when submitting invoices and project substantiation. Your pre-approval or final incentive applications can be submitted beginning June 1, 2009. Please note that in order to be eligible for any Program Year 2 Smart Ideas incentive, decisions to acquire and install energy efficiency measures must have been made after April 1, 2009. Any energy efficient equipment or services purchased, contracted for, or installation work conducted prior to April 1, 2009, will not be eligible for any Program Year 2 Smart Ideas incentive.

Program Year 2 runs from June 1, 2009, through May 31, 2010. Incentives are limited. For more information visit www.comed.com or call (888) 806-2273