(CHICAGO)
March 1, 2010 –
Responding to
unemployment rates of
more than 20 percent in
parts of the Chicago
metropolitan area, ComEd
today launched its
Helping Hand program, a
month-long effort that
will pay half the
balances for customers
facing a recent or
pending service
suspension due to a
financial hardship.
From
March 1-31, up to $1
million will be made
available from ComEd’s
customer assistance
funds. Eligible
residential customers
who pay 50 percent of
their outstanding
balance can receive a
credit from ComEd for
the remaining 50
percent. To be eligible,
customers must have
received a disconnection
notice within the last
120 days and have
experienced a financial
or medical hardship.
“The
Helping Hand program is
just that – a one-time
opportunity for
customers most affected
by the economic
downturn. This will help
those facing special
hardships keep the power
on and regain the
ability to successfully
manage their electricity
bills,” said Anne
Pramaggiore, ComEd
president and chief
operating officer.
The
Helping Hand program
reflects ComEd’s ongoing
commitment to assist
customers who face
short- and long-term
financial challenges.
Last year, ComEd
distributed
approximately $15.5
million in assistance
through its CARE
programs to more than
75,000 customers. These
programs included
Residential Special
Hardship Grants and
Fresh Start Electric
Space Heat Credits. This
year, ComEd will
distribute more than $10
million in new funds.
ComEd
was also a primary
supporter of statewide
assistance legislation
signed into law last
year that created a
Percentage of Income
Payment Plan (PIPP).
Introduced by State
Senator Kimberly
Lightford and State
Representative Marlow
Colvin, PIPP will help
low-income customers by
limiting how much they
can be charged and will
create manageable
monthly payment plans.
“At a
time when so many
individuals are
struggling to cope with
dire economic
circumstances, PIPP will
provide relief for the
people who need it
most,” Lightford said.
“The incentives for good
payment behavior offered
through PIPP will
improve the quality of
life for many families
throughout the state and
provide long-term value
to Illinois.”
Customers can sign up
for ComEd Helping Hand
by calling 888-806-CARE
(2273) or by attending
one of the following
five special sign-up
assistance fairs:
Assistance Fairs
|
Humboldt
Park
(Chicago) |
Robbins
|
Hopkins Park
|
South Austin
(Chicago)
|
Ford Heights
|
|
Mon, Mar 1
|
Wed, Mar 3
|
Tue, Mar 9 |
Wed, Mar 10
|
Sat, Mar 13
|
|
1-6pm
|
2-6pm
|
10am-2pm
|
1-4pm
|
10am-2pm
|
|
Casa Central |
Robbins
Community
Center |
Hopkins Park
Village Hall
|
South Side
Coalition
|
Ford Heights
Village Hall
|
|
1335 N.
California |
13800 S.
Trumbull Ave.
|
13080 E.
Central St.
|
5071 W.
Congress Pkwy |
1343 Ellis
Ave. |
These communities and
suburbs correspond with
some of the highest
unemployment rates in
the area. The Illinois
unemployment rate for
December was 11.1
percent and the national
rate 10 percent. The
unemployment rate in
Ford Heights is 29
percent, Hopkins Park 27
percent, Robbins 23
percent, Humboldt Park
17 percent and South
Austin 17 percent.
The assistance fairs are
open to anyone
interested in attending
and those who do must
identify a hardship and
bring a disconnection
notice, proof of
identification for the
ComEd customer of
record, a current ComEd
bill (within 30 days)
and payment (check,
credit card or debit
card).
In
addition, ComEd and
other local assistance
organizations will have
representatives on-site
to process applications
and answer questions
about other payment
options and assistance
programs.
Those wishing to sign up
by phone can call
888-806-CARE (2273).
They will need to
provide a ComEd account
number, identify their
hardship and provide a
method of payment
(check, credit card or
debit card).
#
# #
Commonwealth Edison
Company (ComEd) is a
unit of Chicago-based
Exelon Corporation
(NYSE: EXC), one of the
nation’s largest
electric utilities with
approximately 5.4
million customers. ComEd
provides service to
approximately 3.8
million customers across
northern Illinois, or 70
percent of the state’s
population.