Press release
Exelon Energy Delivery Companies ACE, BGE, ComEd, Delmarva Power, PECO and Pepco Helped Connect More Than One Million Customers to Over $1 Billion in Energy Assistance in 2021 and 2022
Exelon urges Congress to fund LIHEAP at the highest levels possible to meet the energy needs of low-income households and the most vulnerable
About this update from Exelon Corporation
[{"type":"text","content":"\nExelon urges Congress to fund LIHEAP at the highest levels possible to meet the energy needs of low-income households and the most vulnerable\n\n CHICAGO--(BUSINESS WIRE)--\nExelon (Nasdaq: EXC) and its energy delivery companies—Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), ComEd, Delmarva Power, PECO and Pepco—joined other advocates in Washington, D.C., yesterday to support LIHEAP Action Day. The annual event engages and educates policymakers about the need to fund the Low-Income Home Energy Assistance Program (LIHEAP) at the highest level possible in order the meet the needs of low-income households and the most vulnerable, including seniors, those with disabilities and children. The event was organized by the National Energy & Utility Affordability Coalition (NEUAC).\n\n“Energy affordability is a real concern for many of our customers, especially those who live below the poverty line. For them, LIHEAP is a lifeline that protects them from dangerous cold or heat and keeps electricity and gas flowing to their homes,” said Calvin Butler, president and CEO of Exelon. “Exelon teams were able to help connect more than a million eligible customers to more than $1 billion in energy assistance over the past two years, including LIHEAP funds. They also work continuously to share energy saving practices and other important bill management programs with customers to help them control energy costs. Helping to keep energy costs as affordable as possible is just one more way Exelon is powering a cleaner and brighter future for our customers.”\n\nIn 2022 alone, Exelon helped connect nearly 470,000 eligible customers to $589.2 million in energy assistance, of which $379.13 million, or 64 percent of the funds, were from LIHEAP. Below are the energy assistance totals by Exelon company and the corresponding LIHEAP amounts and percentages:\n\n\nACE: $88.3 million ($51.4 million/58.3 percent)\n\n\nBGE: $116 million ($46.7 million/40.2 percent)\n\n\nComEd: $128.9 million ($96 million/74.4 percent)\n\n\nDelmarva Power: $49 million ($39.6 million/80.7 percent)\n\n\nPECO: $159 million ($45.7 million/28.7 percent)\n\n\nPepco: $48 million ($33.8 million/70.5 percent)\n\n\nSince the start of the pandemic, Exelon has continually looked for ways to robustly fund energy assistance and support state and local agencies, collaborating on ef...