ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

ComEd Unveils Long-Range Strategy to Power Illinois’ Clean Energy Future

New roadmap to guide investments to uphold grid reliability, empower customers to save amid evolving changes in energy and achieve Illinois’ clean energy and economic development goals

ComEd today announced the launch of the new Long-Range Strategy (LRS) outlining how the company will prepare the power grid in northern Illinois to meet growing energy demand, maintain affordability, uphold nation-leading reliability, and advance the state’s clean energy and economic goals for decades to come.

The LRS is a roadmap to position customers and communities for a strong energy future amid rapid shifts facing the industry – from expanded data center and AI adoption, to increasing electrification, severe weather and accelerating supply challenges which create upward pressure on customers. Building on more than a century of service and innovation, the LRS outlines key priorities and will guide future investments to deliver value for more than 9 million people served in the region.

“Illinois is at the forefront of a national transformation in energy,” said Gil Quiniones, president and CEO of ComEd. “The same grid that powered homes and businesses through the last century must now support data centers, electric vehicles, and advanced manufacturing, while keeping energy affordable and reliable for our customers. ComEd’s Long-Range Strategy is our roadmap to build a smarter, more flexible and equitable grid that will meet the evolving needs of our customers today and for years to come.”

The LRS reflects the diverse needs of more than 9 million people served from across the region – with customers and communities served ranging from rural farmland to bustling urban centers and thriving suburban neighborhoods, as well as key industries and thousands of businesses operating across ComEd’s northern Illinois service territory.

A Roadmap Built Around Three Priorities: People, Power, and Progress

The plan identifies key impact areas that will remain central to ComEd’s future investments and ongoing work:

  • People: Empowering Communities and Customers: Smart technology investments to help customers lower energy usage and costs.
  • Power: Securing an Efficient and Durable Grid: Infrastructure upgrades to build a more resilient, flexible grid that supports renewable energy growth while maintaining ComEd’s industry-leading reliability and security
  • Progress: Advancing Illinois’ Clean Energy and Economic Development Goals: Economic development initiatives to position our communities for business growth, job creation and long-term prosperity.

Meeting the Moment for Illinois’ Energy Future

ComEd’s LRS aligns with Illinois’ Climate and Equitable Jobs Act (CEJA) and supports the recently passed Clean and Reliable Grid Affordability Act (CRGAA). The strategy will also inform the second multi-year grid plan that ComEd plans to submit to the Illinois Commerce Commission in January 2026, ensuring reliability, affordability, and equity remain at the center of future infrastructure decisions.

ComEd has already made substantial progress toward this vision:

  • Reliability has improved 57% since 2012, helping customers avoid 24.7 million outages and saving $4.3 billion in related costs.
  • Since 2008, business customers have saved nearly $5 billion through ComEd’s energy efficiency programs.
  • ComEd has, to date, connected more than 1 gigawatt of distributed generation to the grid, including solar and other renewable resources.
  • More than 2,100 Illinois residents have participated in ComEd’s workforce development programs, training for clean energy careers.

To learn more about LRS and strategy highlights visit ComEd.com/longrangestrategy

ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 company and one of the nation’s largest utility companies, serving more than 10.7 million electricity and natural gas customers. 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.

Contacts

ComEd

Media Relations

312-394-3500

Recent Quotes

View More
Symbol Price Change (%)
AMZN  234.03
+0.00 (0.00%)
AAPL  283.32
+0.00 (0.00%)
AMD  219.76
+0.00 (0.00%)
BAC  53.24
+0.00 (0.00%)
GOOG  315.12
+0.00 (0.00%)
META  641.15
+0.00 (0.00%)
MSFT  486.74
+0.00 (0.00%)
NVDA  180.00
+0.00 (0.00%)
ORCL  200.94
+0.00 (0.00%)
TSLA  430.22
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.