ComEd Announces Winner of Student Innovation Contest
30 October 2014 - 4:01AM
Business Wire
Collaborative initiative empowers low-income
customers to take advantage of smart grid and smart meter
benefits
Student team Xinli Lin and Szu Ying Ching from the Illinois
Institute of Technology (IIT) took first in ComEd’s Student
Innovation Contests. More than 60 students from colleges and
universities across northern Illinois registered for the contest,
which challenged students in ComEd’s service area to envision
products, services or software apps that leverage smart meter
technology to help low-income customers better manage their
electricity use and save money.
The first place winners were awarded a check by ComEd totaling
$5,000 for their winning concept, which included a prepaid
electricity program, featuring a prepaid value card, real time
tracking of account balances, and the presentation of customized
energy savings tips and rewards.
The contest launched in May and the top five finalists presented
their concepts during an awards ceremony held on Oct. 23 to a panel
of industry judges, including Karen Weigert, chief sustainability
officer, City of Chicago; Andrea Zopp, president and CEO, Chicago
Urban League; Jason Blumberg, CEO and managing director, Energy
Foundry; and Emile Cambry, CEO, Blue 1647.
The finalists included Abiodun Iwayemi, from IIT (second place);
Ryan Reichelt from Midwestern University (third place); student
team Hamsel de la Cruz, Steven Krejcik, Nick Savidge and Peter
Graff from the University of Illinois at Chicago (fourth place);
and Christina Noonan from IIT (fifth place), each receiving a
portion of prize money.
“We were hugely impressed with all the ideas that were submitted
in this competition and congratulate each of the finalists on their
innovative concepts and presentations,” said Val Jensen, senior
vice president of Customer Operations, ComEd. “Innovation is key to
helping us expand the value proposition offered by smart grid and
smart meter technology to our customers, and we believe that
tapping tomorrow’s innovators is a great way to realize the added
benefits of a smart utility infrastructure system.”
The Student Innovation Contest is part of ComEd’s
SmartGridExchangeSM initiative, a collaboration between ComEd,
technology companies, universities and customers to spur innovation
that will shape what the electric grid of the future will
offer.
View a compilation video of all submissions. For more
information on ComEd’s Student Innovation Contest, visit
ComEd.com/StudentContest.
Commonwealth Edison Company (ComEd) is a unit of Chicago-based
Exelon Corporation (NYSE: EXC), the nation’s leading competitive
energy provider, with approximately 6.6 million customers. ComEd
provides service to approximately 3.8 million customers across
northern Illinois, or 70 percent of the state’s population. For
more information visit ComEd.com, and connect with the company on
Facebook, Twitter and YouTube.
ComEd Media Relations(312) 394-3500www.comed.com/news
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