33 Diverse Businesses Graduate ComEd Energy Efficiency Service Provider Incubator
16 July 2022 - 4:00AM
Business Wire
Since 2019, 66 graduates have helped 139
northern Illinois residents and businesses save money and
energy
To expand energy efficiency while helping diverse businesses
across northern Illinois grow, ComEd today announced the graduation
of 33 minority-owned, woman-owned, veteran-owned and other
contractor businesses from the ComEd Energy Efficiency Service
Provider (EESP) Incubator program. ComEd marked the occasion with a
graduation ceremony today in Oak Brook, Ill.
The EESP Incubator Program offers participants education and
training on ComEd's energy efficiency portfolio offerings; provides
one-on-one assistance with certification applications, business
growth plans and building relationships with project financing
lenders; and identifies, addresses, and resolves barriers to
building a successful business in the energy efficiency field.
Participants will also have the opportunity to be matched with an
experienced mentor for additional peer-to-peer support.
“For ComEd, powering lives is more than delivering electricity
to our customers,” said Gil C. Quiniones, CEO of ComEd. “It’s about
supporting the region’s workforce and economy through
utility-driven, clean-energy innovation and opportunities. The
success of our customers and communities will always be at the
center of everything we do here at ComEd.”
ComEd created the EESP Incubator Program in 2019 to focus on
recruiting diverse contractor businesses and to support the
development of all interested contractors. After graduation,
contractors are eligible to join the EESP network and, once
accepted, provide ComEd Energy Efficiency Program incentives to
customers and grow their businesses through the successful
completion of energy efficiency projects.
One participant’s story
To address the barriers often faced by diverse contractor
businesses, ComEd saw an opportunity to develop programs to support
these local businesses, especially those whose employees are
trained as lighting, HVAC or general contractors.
Ramon Hayes is a 2019 Incubator program alumnus and owner of
South Holland, Ill.-based Eco-Energy Solutions, a service-disabled,
veteran-owned business. Prior to participating in the program,
Hayes relied on a small client base and single contract to keep his
business doors open. The Incubator team, through one-on-one
sessions, assisted Hayes in developing a business growth plan and
provided opportunities to enhance his networking abilities.
“The Incubator program was really instrumental in allowing me
networking opportunities and in putting me in front of major
players in the energy-efficiency space,” said Hayes. “It’s actually
really simple. There is no way I would be doing the volume of
business that I am doing, had I not gone through the Incubator
program.”
Hayes now mentors current Incubator cohort members in energy
efficiency project best practices.
Eco-Energy Solutions is one of 66 contractor businesses that
have participated in ComEd’s EESP Incubator. Of those participants,
51 have joined the EESP Network and, to date, have submitted 139
energy efficiency projects to ComEd. Many of those projects are
located in communities of need which aligns with ComEd’s vision for
a clean energy future for all communities it serves, but especially
for those most vulnerable to the impacts of climate change.
Over the years, the ComEd Energy Efficiency Program has
increasingly helped customers of all kinds reduce their energy
bills and consumption, which also helps reduce dependence on fossil
fuels. Since its inception in 2008, the ComEd Energy Efficiency
Program has provided impactful contributions toward Illinois’ clean
energy future. Specifically, the ComEd Energy Efficiency Program
has:
- saved ComEd customers more than 56 million megawatt hours of
energy usage and a total of $6.7 billion on their electric
bills.
- reduced carbon dioxide emissions by more than 61 billion
pounds, the equivalent of taking six million cars off the road for
one year.
- issued more than $1.5 billion in incentives, allowing northern
Illinois customers to reinvest in their homes, businesses and
communities.
For more information, visit ComEd.com/WaysToSave.
ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ:
EXC), a Fortune 200 energy company with approximately 10 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 ComEd.com and connect with
the company on Facebook, Twitter, Instagram and YouTube.
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