ComEd Smart Ideas®
A business that effectively manages its energy use can provide a more comfortable workplace, enhance the productivity of its employees, decrease its environmental impact, and increase the value of its real estate assets – all while lowering its operating costs.
Since 2008, ComEd’s Smart Ideas for Your Business® program has offered a portfolio of incentives, services, and solutions to help identify energy-saving technologies and operational improvements that ultimately help the bottom lines of its customers.
For example, a convenience store or restaurant can get discounts on efficient lighting technologies like LEDs or compact fluorescents (CFLs). An office building or hospital can receive a tune-up of its heating and cooling systems to minimize energy use while still providing the environmental conditions required by its occupants. A manufacturing facility can work with expert engineers to optimize the performance of its compressed air or industrial refrigeration systems. Or a data center can take advantage of technical assistance and cash incentives to help install energy-efficient equipment.
In all these cases, Smart Ideas makes energy efficiency projects more affordable and shortens the payback period of the business’s investment.
Since program inception, 13,186 businesses have received almost $120 million in financial incentives and services, reducing energy usage by 1.6 billion kilowatt-hours (kWh). Those savings translate to an additional $127 millions* reduction in the electric bills of the participating businesses, and are the equivalent of eliminating the annual greenhouse gas emissions of more than 233,000 cars.
In Boone County specifically, from June 2008 through May 31, 2013, Smart Ideas provided $1.2 million in incentives to 91 energy-efficiency projects. These projects are expected to save approximately 22 million kWh in electricity, or $1.7 million in energy costs.
ComEd’s Economic Development Department leverages these programs as a differentiator for businesses locating in Northern Illinois, in addition to providing top-performing electric reliability and a competitive energy supply market.
For more information on incentives and to download an application, visit www.comed.com/business-savings/programs-incentives or call the Smart Ideas hotline at 855-433-2700. This program is funded by ComEd customers in compliance with Illinois law.
* savings calculated on annual basis, based on 7.5 cents per kWh
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