ComEd to Assist Small Businesses
Commonwealth Edison, or ComEd, a unit of Chicago-based Exelon (NYSE:EXC), has announced that as part of its CARE assistance programs it will be distributing $300,000 to help small businesses and non-profits with their electricity bills. The program, which runs through October 1, 2008 on a first-come, first-served basis, provides a one-time grant of up to $2,500 for eligible organizations.
To be eligible, a business must demonstrate that it has suffered a special circumstance or hardship, such as property damage due to natural disaster; damage or theft from criminal activity or vandalism; unexpected loss in funding or financial aid; or all-electric space-heating customers experiencing high bills due to extreme weather.
"Rising prices for gasoline, food and other necessities are not only affecting consumers-they're also affecting the organizations that drive our economy and serve our communities," Anne Pramaggiore, ComEd's executive vice president of customer operations, regulatory and external affairs, said in a statement. "That's why ComEd is reaching out to these small companies and community groups to help them pay their bills and allow them to stay focused on their core missions."
PRINT THIS ARTICLE