ComEd yesterday issued the attached news release to announce that it has presented a proposal to the Illinois Commerce Commission that outlines a new Low-Income Discount (LID) program to help income-eligible customers manage their energy bills.
The proposed program would enable qualifying customers to receive a percentage-based discount on their monthly electric bill determined by income level. Those with household incomes less than or equal to 50% of the Federal Poverty Level (FPL) will receive the greatest discount. However, customers with household incomes up to 300% of the FPL will be still eligible for a discount. ComEd hopes to begin providing discount credits in 2025, pending final approval from the Commission.