During the heavy summer usage months of July and August, qualifying customers of Exelon utilities will be able to apply for help paying high summer electricity bills.
Qualified low- and middle-income ratepayers of Atlantic City Electric, one of Exelon’s family of utilities, could receive up to several hundred dollars in relief, according to the company. Exelon is contributing $50 million to the relief fund. Customers from all six of Exelon’s utilities will be able to make use of the fund.
According to a statement from the company, “The fund is a temporary one-time assistance program designed to help manage the impact of rising energy supply costs as demand increases and supply is not there to meet it.” Exelon CEO Calvin Butler says the fund is evidence of “Exelon’s commitment to our communities.”
Exelon says it will make a $50 million charitable contribution to a series of “trusted community nonprofits” who will in turn help customers. Details regarding the administration of the fund, including eligibility and disbursement of relief, “will vary by operating company,” meaning the process for Atlantic City Electric could be different from the process at one of the other five utilities for which Exelon is the parent company.
The selection of the nonprofit that will work with Atlantic City Electric on access to the relief dollars has not yet been disclosed. Exelon’s statement says customers are encouraged to visit the website of their local company, in this case Atlantic City Electric, atlanticcityelectric.com, for information on how to get funding.
Contact the reporter, Vince Conti, at vconti@cmcherald.com.
