Latest news with #MelissaWashington
Business Wire
08-07-2025
- Business
- Business Wire
ComEd, Metropolitan Mayors Caucus Open Applications for Fifth Annual Powering the Holidays Grant Program
CHICAGO--(BUSINESS WIRE)--As the summer sun heats up northern Illinois communities, ComEd and the Metropolitan Mayors Caucus are already preparing for the sparkle of winter holidays, welcoming communities to apply for the fifth annual Powering the Holidays Grant Program. Applications are open now through August 29. A total of $60,000 is available this year to launch and enrich local holiday events by funding light displays and festive decorations. In total, the ComEd Powering the Holidays Program has awarded nearly $170,000 to 70 unique holiday projects that celebrate diverse cultures and traditions while fostering a sense of togetherness in our communities. For more information—including the application and qualifying components—visit the ComEd Powering the Holidays Program website. 'ComEd is proud to again collaborate with the Metropolitan Mayors Caucus to brighten communities through our Powering the Holidays Program,' said Melissa Washington, Senior Vice President of Customer Operations and Strategic Initiatives at ComEd. 'By helping communities celebrate their cultures and traditions, we're fostering connection, inclusion and joy across northern Illinois.' Municipalities, townships, counties and local government units within the ComEd service territory are eligible to apply, as well as nonprofit organizations that are partnered with at least one municipality or government institution. Grant recipients must match at least 20 percent of the funds received to support a holiday event held between Nov. 1, 2025, and Feb. 13, 2026. Applications will be reviewed by an external panel of judges, with final awardees expected to be announced in October. 'The ComEd Powering the Holidays Program supports Illinois communities by expanding current holiday celebrations and establishing new traditions that foster unity and inclusivity,' said Neil James, Executive Director of the Metropolitan Mayors Caucus. 'On behalf of the Metropolitan Mayors Caucus, we are grateful to partner with ComEd to offer this wonderful grant opportunity to communities.' Last year, the Powering the Holidays program distributed nearly $60,000 across 24 holiday projects in different communities throughout northern Illinois. In the village of Westchester, a Powering the Holidays grant helped enrich their Winter Wonderland Walk event. This annual event turns a local park into an interactive nighttime wonderland, featuring expanded light displays, a live DJ spinning holiday favorites, and seasonal treats for families and individuals after a stroll through an illuminated forest. "Even in chilly December, our community stayed warm under the immense glow of thousands of incredible holiday lights—made possible thanks to the support of ComEd's Powering the Holidays grant,' said Greg Hribal, Village President, Westchester, Illinois. 'In partnership with the Westchester Park District, we transformed our local park into a festive winter wonderland where neighbors shared joy, hot chocolate and great memories. It was a true collaboration that lit up more than just the trees—it brought our whole community together." For the city of Yorkville, their annual Tour of Lights celebration was enhanced through a Powering the Holidays grant that helped expand light displays and festive performances throughout the entire city, creating more free opportunities for residents to enjoy and connect. The additional lights received through the Powering the Holidays Program will be reused for years to come, turning numerous locations in Yorkville into hubs of festivity from November through the New Year. 'The United City of Yorkville is honored to be one of the few municipalities to receive the Powering the Holidays grant from ComEd through the Metropolitan Mayors Caucus in 2024,' said United City of Yorkville Mayor John Purcell. 'This generous support allowed us to bring exciting enhancements and additions, including the inaugural and highly successful Deck the Trees Holiday Walk, to the 2024 Holiday Season. This support created cherished memories and new traditions for families and friends within the Yorkville community.' Powering the Holidays is a gleaming example of ComEd's dedication to supporting holiday light events, complementing annual sponsorship of seasonal events at Lincoln Park Zoo, Brookfield Zoo Chicago, The Morton Arboretum, and Chicago Botanic Garden. For more information about Powering the Holidays, visit the Metropolitan Mayors Caucus website.
Yahoo
21-06-2025
- Business
- Yahoo
Exelon (NasdaqGS:EXC) Announces Melissa Washington's Appointment As SVP Of Governmental Affairs
Melissa Y. Washington's appointment as Senior Vice President at ComEd, a subsidiary of Exelon, is a significant leadership change, expected to steer strategic initiatives but had little direct impact on the share price last week. Exelon's 1% decline is aligned with broader market trends, where the market remained flat over the week. While the executive transition might have added weight to Exelon's performance, it did not deviate significantly from the market's overall behavior. Exelon's price move reflects these broader market dynamics rather than being directly influenced by the executive changes, adding context to its flat performance. You should learn about the 2 possible red flags we've spotted with Exelon (including 1 which can't be ignored). Outshine the giants: these 27 early-stage AI stocks could fund your retirement. The recent appointment of Melissa Y. Washington as Senior Vice President at ComEd, a subsidiary of Exelon (NasdaqGS:EXC), may have implications for the company's strategic direction, potentially affecting revenue and earnings forecasts. Despite the appointment, the share price experienced a 1% decline, aligning with broader market trends. This indicates that the executive change did not significantly influence immediate market perceptions but could impact longer-term strategic initiatives. Over a longer-term period of five years, Exelon's total shareholder return, including both share price and dividends, amounted to 105.72%. This demonstrates a substantial return for shareholders, particularly in comparison to the past year's performance where Exelon exceeded the US Market's return of 10.4% and the US Electric Utilities industry's return of 14.7%. Such a performance suggests resilience and growth in shareholder value over the longer period. The legislative advancements in Maryland and Exelon's US$38 billion investment plan are key drivers of potential future revenue and earnings growth. Analysts project that these initiatives will boost Exelon's revenue and earnings, with estimated earnings growth of 6.19% per year. The current share price of US$46.29 is slightly below the consensus analyst price target of US$47.53, suggesting limited upside potential in the near term, but reflecting a fair valuation by the market relative to anticipated growth projections. Investors should consider how these factors might play into future revenue streams and market perceptions. Learn about Exelon's historical performance here. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:EXC. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
04-06-2025
- Business
- Business Wire
ComEd Energy Efficiency Program Exceeds 2024 Goals of Saving Customers 13 Million MWhs of Electricity
CHICAGO--(BUSINESS WIRE)--In 2024, the award-winning ComEd Energy Efficiency Program helped customers save over 13 million megawatt hours (MWhs) of electricity, surpassing state law requirements. Since 2012, installed energy-efficiency measures have continued to deliver savings. This resulted in nearly $1.3 billion in electric bill savings for customers last year, according to ComEd. The energy-saving results are based on an independent evaluation of the ComEd program conducted by Guidehouse, a global consulting and managed services provider. With the average monthly residential customer bill in the ComEd service territory projected to increase by approximately $10.60 in June, the result of the annual PJM Interconnection capacity auction held last year, the evaluation shows the ComEd program continues to effectively assist customers in managing their energy consumption and maintaining control over electricity costs. 'ComEd recognizes the challenge posed by rising supply costs effective in June,' said Melissa Washington, senior vice president of customer operations and strategic initiatives for ComEd. 'Although we can't control this increase, we offer energy-efficiency options to help customers manage their energy costs and connect them to grants and bill-support options. The fact that customers are taking advantage of these options highlights their importance.' The ComEd Energy Efficiency Program, funded in accordance with state law, offers services, incentives, and rebates to assist families and businesses in reducing costs and improving energy usage. In 2024, the program: provided ComEd residential and business customers with over $277 million in incentives through rebates and discounts on energy-efficiency measures and projects. increased the comfort and efficiency of more than 53,000 multi-family units by installing insulation, air sealing, heat pumps, and other measures at no cost to the residents. saved business customers more than 754,000 MWhs of electricity, amounting to over $79 million in bill savings, with an estimated total savings of 9.6 million MWh over the expected life of those measures, totaling more than $1 billion. saved residential customers over 1 million MWhs of electricity, resulting in over $170 million in bill savings, with an estimated total savings of 13.2 million MWh over the expected life of those measures, totaling nearly $2.2 billion. enabled over 161,000 income-eligible customers to save more than 730,000 MWhs, equating to nearly $123 million in annual bill savings. Income-eligible customers are also expected to realize estimated total savings of 10 million MWhs over the life of these measures, totaling more than $1.6 billion. 'By taking advantage of energy efficiency programs, customers can meaningfully reduce their energy bills,' said Paige Knutsen, executive director of the Midwest Energy Efficiency Alliance (MEEA). 'Energy efficiency programs support thousands of strong, local jobs and help make our communities' homes and businesses more comfortable and resilient.' Since 2008, the ComEd Energy Efficiency Program, one of the largest and longest-running of its kind, has saved customers over $11 billion on electric bills and more than 99 million megawatt-hours of electricity. This is equivalent to: avoiding over 74 billion pounds of carbon emissions, removing nearly 8 million cars from the road, and planting about 34 million acres of trees. ComEd also provides various bill-assistance options, such as budget billing, payment arrangements, and federal grants through LIHEAP. So far this year, ComEd has helped over 114,000 customers access nearly $22 million in financial assistance and other support programs. Customers can visit to find both energy-efficiency and bill-assistance options for which they may qualify.
Yahoo
27-05-2025
- Business
- Yahoo
ComEd Launches EV Ambassador Program to Expand EV Adoption in Northern Illinois
Community ambassadors will lead education and awareness around EV adoption at summer events in northern Illinois CHICAGO, May 27, 2025--(BUSINESS WIRE)--To expand efforts to support customers considering making the switch to electric vehicles (EVs), ComEd today announced the launch of its new EV Ambassador Program, a community-driven initiative designed to expand education and awareness around EV adoption and benefits in northern Illinois. The program will launch with the introduction of three local partner organizations: Equiticity, Bronzeville Community Development Partnership and A Step Beyond NFP. EV Ambassadors through this program will engage directly with residents and local businesses through community events, presentations and pop-up EV demonstrations throughout the summer. "Switching to an EV can come with a variety of benefits, including fuel cost savings and reduced environmental impact. We are committed to helping our customers reap the benefits of this transition and ensure they understand the resources available to them as they consider EV options," said Melissa Washington, senior vice president of customer operations and strategic initiatives at ComEd. "ComEd launched this new EV Ambassador program to better reach customers where they are, increase the visibility of our offerings and connect communities who will see the greatest benefits of EVs with the correct resources." The EV Ambassador Program is part of ComEd's broader Beneficial Electrification (BE) Plan, which provides customers with resources and financial rebates to support the transition to cleaner transportation. ComEd's BE funding launched in its 2023 BE Plan, and funding has been extended through 2028 with the recent approval of ComEd's second BE Plan. Through the new EV Ambassador initiative, ambassadors will interact with community members and businesses to connect them with ComEd rebate programs, EV Dealership network, EV Toolkit and more. "I'm honored to serve as a ComEd EV Ambassador, and excited to spread the wealth of knowledge that empowers our communities to embrace cleaner energy, reduce our carbon footprint and build a brighter, healthier future for our city. Together, we can make meaningful change, one conversation, one home and one neighborhood at a time," said Nicole Wheatly, Founder and Executive Director of A Step Beyond NFP. "Bronzeville Community Development Partnership and JitneyEV are pleased to participate as ComEd EV Ambassadors. This program aligns with our mission of accelerating the EV transition, especially in historically underserved communities where health and air quality are negatively impacted by proximity to expressways and industrial corridors. One of the biggest barriers to EV adoption is lack of awareness about the economic and health benefits of EV transportation," said William Davis, Executive Director at Bronzeville Community Development Partnership. "Equiticity is pleased to partner with ComEd on their new EV Ambassador Program. We look forward to our work together to ensure Black and Brown neighborhoods are experiencing the range of benefits from increased adoption of electric transportation," said Olatunji Oboi Reed, President and CEO of Equiticity. Community members can meet with ComEd's EV Ambassadors and experience EV technology firsthand at a variety of events this summer including: - Oak Park Farmer's Market: May 31 - Broadview Village Hall Community EV Presentation: May 31 - Rockford Community Market: June 5 - Heartland Alliance 'Vital Bridges' Community Event: June 13 - Transport Chicago 2025: June 13 - Park Forest EV Car Show: June 25 - Cars at Lincoln Commons: June 28 Additional events will be added to the EV Ambassador Program schedule throughout the year, and information can be found at The Ambassador organizations were selected through a rigorous application and interview process to ensure that each represented organization would have a strong interest in sustainability and credibility in their respective communities. Each participating Ambassador organization will be awarded a small stipend for their participation in 2025 and ComEd hopes to continue this program in future years. The launch of the ComEd EV Ambassador program builds on existing commitments from the utility to support EV adoption for its customers. In February, ComEd announced at least $100 million rebates available to customers in 2025 to help more customers take steps toward EV adoption. To reduce the cost barriers to EVs, the rebates cover three distinct programs: residential EV charger and installation costs, all-electric fleet vehicles and business and public sector make ready charging costs. To date, ComEd has awarded $30 million in rebates this year funding nearly 5,000 public and private EV charging ports (L2 and DC Fast Chargers) and incentivizing the lease or purchase of nearly 1,000 new and pre-owned electric fleet vehicles. A majority of the funds, 85% has been awarded to customers residing in, or primarily doing business in Equity Investment Eligible (EIEC) communities. All of ComEd's EV programming puts equity front and center, with more than half of the total rebate funds reserved for low-income customers and equity-eligible communities, and the majority of community education and awareness events taking place in equity-eligible communities. For more information on EV resources and programs offered by ComEd, please visit ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 energy company serving more than 10.7 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 and connect with the company on Facebook, Instagram, LinkedIn, X and YouTube. View source version on Contacts ComEdMedia Relations312-394-3500 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
27-05-2025
- Automotive
- Business Wire
ComEd Launches EV Ambassador Program to Expand EV Adoption in Northern Illinois
CHICAGO--(BUSINESS WIRE)--To expand efforts to support customers considering making the switch to electric vehicles (EVs), ComEd today announced the launch of its new EV Ambassador Program, a community-driven initiative designed to expand education and awareness around EV adoption and benefits in northern Illinois. The program will launch with the introduction of three local partner organizations: Equiticity, Bronzeville Community Development Partnership and A Step Beyond NFP. EV Ambassadors through this program will engage directly with residents and local businesses through community events, presentations and pop-up EV demonstrations throughout the summer. 'Switching to an EV can come with a variety of benefits, including fuel cost savings and reduced environmental impact. We are committed to helping our customers reap the benefits of this transition and ensure they understand the resources available to them as they consider EV options,' said Melissa Washington, senior vice president of customer operations and strategic initiatives at ComEd. 'ComEd launched this new EV Ambassador program to better reach customers where they are, increase the visibility of our offerings and connect communities who will see the greatest benefits of EVs with the correct resources.' The EV Ambassador Program is part of ComEd's broader Beneficial Electrification (BE) Plan, which provides customers with resources and financial rebates to support the transition to cleaner transportation. ComEd's BE funding launched in its 2023 BE Plan, and funding has been extended through 2028 with the recent approval of ComEd's second BE Plan. Through the new EV Ambassador initiative, ambassadors will interact with community members and businesses to connect them with ComEd rebate programs, EV Dealership network, EV Toolkit and more. 'I'm honored to serve as a ComEd EV Ambassador, and excited to spread the wealth of knowledge that empowers our communities to embrace cleaner energy, reduce our carbon footprint and build a brighter, healthier future for our city. Together, we can make meaningful change, one conversation, one home and one neighborhood at a time,' said Nicole Wheatly, Founder and Executive Director of A Step Beyond NFP. 'Bronzeville Community Development Partnership and JitneyEV are pleased to participate as ComEd EV Ambassadors. This program aligns with our mission of accelerating the EV transition, especially in historically underserved communities where health and air quality are negatively impacted by proximity to expressways and industrial corridors. One of the biggest barriers to EV adoption is lack of awareness about the economic and health benefits of EV transportation,' said William Davis, Executive Director at Bronzeville Community Development Partnership. 'Equiticity is pleased to partner with ComEd on their new EV Ambassador Program. We look forward to our work together to ensure Black and Brown neighborhoods are experiencing the range of benefits from increased adoption of electric transportation,' said Olatunji Oboi Reed, President and CEO of Equiticity. Community members can meet with ComEd's EV Ambassadors and experience EV technology firsthand at a variety of events this summer including: - Oak Park Farmer's Market: May 31 - Broadview Village Hall Community EV Presentation: May 31 - Rockford Community Market: June 5 - Heartland Alliance 'Vital Bridges' Community Event: June 13 - Transport Chicago 2025: June 13 - Park Forest EV Car Show: June 25 - Cars at Lincoln Commons: June 28 Additional events will be added to the EV Ambassador Program schedule throughout the year, and information can be found at The Ambassador organizations were selected through a rigorous application and interview process to ensure that each represented organization would have a strong interest in sustainability and credibility in their respective communities. Each participating Ambassador organization will be awarded a small stipend for their participation in 2025 and ComEd hopes to continue this program in future years. The launch of the ComEd EV Ambassador program builds on existing commitments from the utility to support EV adoption for its customers. In February, ComEd announced at least $100 million rebates available to customers in 2025 to help more customers take steps toward EV adoption. To reduce the cost barriers to EVs, the rebates cover three distinct programs: residential EV charger and installation costs, all-electric fleet vehicles and business and public sector make ready charging costs. To date, ComEd has awarded $30 million in rebates this year funding nearly 5,000 public and private EV charging ports (L2 and DC Fast Chargers) and incentivizing the lease or purchase of nearly 1,000 new and pre-owned electric fleet vehicles. A majority of the funds, 85% has been awarded to customers residing in, or primarily doing business in Equity Investment Eligible (EIEC) communities. All of ComEd's EV programming puts equity front and center, with more than half of the total rebate funds reserved for low-income customers and equity-eligible communities, and the majority of community education and awareness events taking place in equity-eligible communities. For more information on EV resources and programs offered by ComEd, please visit
