ComEd Smart Grid project helps position Illinois for improved ranking
in Grid Modernization Index
In 2015 ComEd achieved record reliability for a third year in a row,
much of it due to smart grid work begun in 2012. This modernization
work, along with ComEd’s focus on customer engagement, helped position
Illinois as the second in nation in the 2015 Grid Modernization Index
(GMI).
The report, produced by the GridWise® Alliance and the Smart Grid Policy
Center, evaluates and ranks states based on their progress in
modernizing their electric systems with smart grid technologies. The GMI
applies a clearly defined set of criteria to evaluate the progress of
state grid modernization efforts in three key areas: policy, customer
engagement and grid operations.
“Our smart grid work has helped to deliver the best three years on
record of power reliability for our customers,” said Anne Pramaggiore,
ComEd president and chief executive officer. “From reliability to
customer options to job creation and growing businesses, our smart grid
investments are delivering on the promise of great value for our
customers and state.”
While Illinois moved up this year to the number two spot overall, it
ranks as number one in the State Support category, which analyzes,
evaluates and rates states’ policies to advance and encourage grid
modernization, including incentives, technology advancement and emission
reduction goals. Illinois also holds the number two spot, second only to
California, on the customer engagement category, which measures topics
such as the availability of dynamic pricing programs, customer outreach
and education efforts and data accessibility.
The smart grid law passed by the Illinois General Assembly in 2011 and
opened the doors for ComEd to modernize its 100-year old system and
provide customers with improved reliability, more programs and options
to manage electricity usage, while also enhancing economic development
in Illinois and building smart infrastructure for the future.
Introduced in 2015, ComEd’s Future Energy Plan is focused on expanding
the benefits of the Smart Grid Law by growing energy efficiency
programs, increasing access to renewable energy sources, and setting
policy to ensure affordability amidst clean energy innovation. This
Future Energy Plan legislation also aims to continue the state’s
economic development via a boost to green economy. Under the smart grid
program more than 4,600 local jobs have been created and the Future
Energy Plan is on track to continue that trend by creating hundreds of
new jobs.
“ComEd’s Future Energy Plan, proposed legislation that will build upon
smart grid foundation to help deliver a cleaner, greener more affordable
energy future for Illinois and our customers while placing our state on
the leading edge of grid modernization,” said Terence R. Donnelly, ComEd
executive vice-president and chief operating officer.
The entire report is available at www.gridwise.org.
Commonwealth Edison Company (ComEd) is a unit of Chicago-based Exelon
Corporation (NYSE: EXC), the nation’s leading competitive energy
provider, with approximately 6.6 million customers. ComEd provides
service to approximately 3.8 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,
Twitter
and YouTube.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160125006375/en/
Copyright Business Wire 2016