Grants to MEEA to Help Nearly 50 Low-Income Homes Access Energy-Saving Upgrades from ComEd and Natural Gas Utilities
19 Dezember 2022 - 10:15PM
Nearly 50 additional low-income homes in Cook County will soon
undergo free energy-efficiency upgrades from ComEd and area natural
gas companies, the result of a pair of grants from the Federal Home
Loan Bank of Chicago (FHLBank Chicago).
Two grants, totaling more than $715,000, were recently awarded
to the Midwest Energy Efficiency Alliance (MEEA). The funds will
help MEEA further collaborate with ComEd, Nicor Gas, Peoples Gas
and North Shore Gas on an ongoing program to rehabilitate the homes
of low-income residents so that they can receive energy-efficiency
improvements and services that can lower monthly energy bills.
“MEEA is honored to partner with the Federal Home Loan Bank,
Providence Bank and Illinois utilities to address a problem facing
so many homeowners. This braided funding will help make these homes
safer and more energy efficient, so the residents can save money on
their utility bills,” said Stacey Paradis, MEEA Executive
Cook County homeowners who qualify for upgrades must have total
household incomes at or below 60% of the Area Median Income which
for a family of four is $62,520. The homes must also have
identified structural or health and safety issues that need to be
addressed before energy-efficiency improvements and services can be
For ComEd customers, improvements and services are part of the
award-winning ComEd Energy Efficiency program which, since 2008,
has saved participating families and businesses more than $7
billion on their electric bills and helped remove the same amount
of carbon emissions from the air equivalent to planting more than
30 million acres of trees.
“The ability to assist more low-income homes supports ComEd’s
focus on equity for all customers,” said Melissa Washington,
ComEd's chief customer officer and senior vice president of
customer operations. “These homes tend to be older in design, with
structural, health and safety issues, such as water leaks, that
must be addressed before energy-efficiency technologies can be
installed. Improvements to these homes means more families can take
advantage of programs that help them save energy and manage bills
through the life of their homes.”
The FHLBank Chicago grants awarded to MEEA, in partnership with
Providence Bank, are among 35 totaling $20.6 million. They are
designed to support the acquisition, rehabilitation and new
construction of more than 1,600 housing units across Illinois and
Wisconsin. MEEA’s application was submitted in partnership with
ComEd, Nicor Gas, Peoples Gas and North Shore Gas.
With the FHLBank Chicago grants, MEEA and the utilities will be
able to invest approximately $20,000 in services to each low-income
home. The projects are scheduled to begin in 2023 and be completed
within 36 months.
About Midwest Energy Efficiency Alliance
At MEEA, we leverage our expertise to be the Midwest’s leading
resource for our members, allies, policymakers and the broader
sector to promote energy efficiency as the essential pathway to
achieve a clean, affordable, equitable and sustainable future.
Visit www.mwalliance.org for more information.
ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ:
EXC), a Fortune 200 energy company with approximately 10 million
electricity and natural gas customers – the largest number of
customers in the U.S. 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, Twitter, Instagram and YouTube.
version on businesswire.com: https://www.businesswire.com/news/home/20221219005784/en/
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