ComEd Assistance Programs: Financial Support Payment Plans Energy Efficiency

Did you know that over 100,000 ComEd customers have benefitted from their financial assistance programs in the past year? Understanding the various options available to support your energy needs and manage costs effectively can make a significant difference in your household expenses.

By exploring ComEd’s assistance programs, you can discover tailored solutions that cater to your specific circumstances and help you achieve financial stability while improving your energy efficiency.

So, why not explore these programs to see how they can benefit you and your family?

Financial Support Programs

If you’re facing financial difficulties with your ComEd bill, consider exploring ComEd’s Your Neighbor Fund program for assistance. This program offers grants of up to $180 to eligible customers with past-due balances on their ComEd bills.

To qualify, customers must have a past-due balance of 30 days or more and meet income eligibility requirements. The grant amount is credited towards the overdue balance, providing much-needed financial support.

Flexible Payment Plans

When dealing with financial challenges related to your ComEd bill, consider exploring ComEd’s Flexible Payment Plans for assistance. These plans cater to customers facing financial difficulties by offering options like Deferred Payment Agreements to pay balances over time, Budget Billing for fixed monthly payments, and Due Date Extensions for up to 21 days of flexibility. Additionally, the Flexible Payment Arrangement plans provide a way to manage unpredictable bills effectively. Opting for Budget Plans can help stabilize your monthly energy bills, ensuring you can plan your finances better. Take advantage of these programs to ease the burden of unexpected expenses and maintain control over your electricity costs.

Flexible Payment Plans	Description	Benefits
Deferred Payment Agreements	Pay balances over time	Manage financial difficulties effectively
Budget Billing	Fixed monthly payments	Avoid unexpected and fluctuating bills
Due Date Extensions	Up to 21 days for payment flexibility	Adjust payment schedule as per your needs
Flexible Payment Arrangement	Tailored plans for financial challenges	Find a suitable payment solution

Energy Efficiency Solutions

To enhance your energy efficiency and reduce utility costs, consider implementing ComEd’s Energy Efficiency Solutions. ComEd’s program aims to help residential customers save money on their bills by promoting energy-saving practices and providing resources for lowering energy usage. Through free energy assessments, like those offered in the Home Energy Savings program, customers can identify areas where energy can be saved.

By focusing on energy use reduction, ComEd has helped customers save a total of $8.75 billion on energy bills. Additionally, the program has collectively saved 79 million megawatt-hours of energy, which is equivalent to powering over nine million homes for a year.

Take advantage of ComEd’s Energy Efficiency Solutions to lower your bills and contribute to a more sustainable energy future.

Eligibility Requirements

Make sure you’re a current ComEd customer with an active Residential account to be eligible for the Your Neighbor Fund program. Your household income should be at or below 80% of the area median income to qualify for assistance.

To receive help, you must have a past due balance of 30 days or more on your ComEd bill. The assistance provided through the Your Neighbor Fund program is based on specific eligibility criteria. Income verification is necessary to ensure that the support reaches those in economic need.

How to Apply

If you’re a current ComEd customer with an active Residential account, applying for assistance programs can be done by visiting ComEd.com/SAM or calling 800-334-7661. When you apply, consider the following emotional aspects:

• Relief: Access financial support to ease your burden.
• Empowerment: Explore energy efficiency options to take control of your bills.
• Hope: Find assistance with past due bills through programs like the Your Neighbor Fund.

To qualify, ensure you meet income and household size criteria. Prepare required documentation like proof of income and a current ComEd bill. By taking these steps, you can navigate the application process smoothly and benefit from payment plans tailored to help income-eligible customers.

Frequently Asked Questions