CHICAGO — Exelon (Nasdaq: EXC) and its energy delivery companies (Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), ComEd, Delmarva Power, PECO and Pepco) are in Washington, D.C., today to support LIHEAP Action Day. The annual event engages and educates policymakers about the need to fund the Low-Income Home Energy Assistance Program (LIHEAP) at the highest level possible in order the meet the needs of low-income households and the most vulnerable, including seniors, those with disabilities and children. The event was organized by the National Energy & Utility Affordability Coalition (NEUAC).
“Energy affordability is a real concern for many of our customers, especially those who live below the poverty line. For them, LIHEAP is a lifeline that protects them from dangerous cold or heat and keeps electricity and gas flowing to their homes,” said Calvin Butler, president and CEO of Exelon. “Exelon teams were able to help connect more than a million eligible customers to more than $1 billion in energy assistance over the past two years, including LIHEAP funds. They also work continuously to share energy saving practices and other important bill management programs with customers to help them control energy costs. Helping to keep energy costs as affordable as possible is just one more way Exelon is powering a cleaner and brighter future for our customers.”
In 2022 alone, Exelon helped connect nearly 470,000 eligible customers to $589.2 million in energy assistance, of which $379.13 million, or 64 percent of the funds, were from LIHEAP. Below are the energy assistance totals by Exelon company and the corresponding LIHEAP amounts and percentages:
Since the start of the pandemic, Exelon has continually looked for ways to robustly fund energy assistance and support state and local agencies in collaborating for effective delivery of available resources. The company recognizes sustained access to a financial backstop–and an innovative approach to getting the word out about energy assistance—helps customers prevent disconnection of service, helps families maintain safe and stable housing and restores dignity by helping customers pay bills in full and on time. Some of those efforts include:
More information about National LIHEAP Action Day 2022 is available at neuac.org.
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