240,000 low- to moderate-income customers enrolled in new Low-Income Discount program ROCKFORD, Ill.–(BUSINESS WIRE)–ComEd today joined Rockford leaders and community240,000 low- to moderate-income customers enrolled in new Low-Income Discount program ROCKFORD, Ill.–(BUSINESS WIRE)–ComEd today joined Rockford leaders and community

ComEd Reminds Income-Eligible Customers to Take Advantage of Latest Program Designed to Provide Bill Relief

240,000 low- to moderate-income customers enrolled in new Low-Income Discount program

ROCKFORD, Ill.–(BUSINESS WIRE)–ComEd today joined Rockford leaders and community partners to highlight the availability and benefits of the newly launched Low-Income Discount (LID) program. The LID program, created in alignment with the Illinois Climate and Equitable Jobs Act, provides qualifying income-eligible customers with a percentage-based discount on their monthly electric bill based on income level. These discounts are designed to lower energy costs to 3% to 6% of total household income.

So far, 240,000 ComEd customers are enrolled in the LID program, with enrollment ongoing to support customers challenged to pay their energy bills. The introduction of new affordability options like the LID program comes at a critical time, as customers continue to feel the effects of rising energy supply costs. These stem partly from supply-demand imbalances that influence nearly half of energy bills and are passed on to customers without profit from ComEd.

“Through LID and other bill assistance programs, ComEd is delivering on our commitment to supporting all of the customers and communities we serve,” said President and CEO Gil Quiniones. “LID is a lifeline for customers navigating tough economic pressures and builds on the state’s Low Income Energy Assistance Program (LIHEAP) program and our other collective efforts that help eligible customers take advantage of opportunities to lower their energy costs this year.”

The LID program provides tiered discounts to customers with total household incomes up to 300% of the federal poverty level which, for a family of four, is $96,450. The actual maximum household threshold to qualify for LID may be different depending on the customer’s residential delivery class and other factors.

“Affordability remains one of the most pressing challenges families are facing here in Rockford, across our region, throughout Illinois, and nationwide,” said Rockford Mayor Tom McNamara. “The cost of nearly everything, from utilities to housing, continues to rise. We’re thankful to ComEd for creating a new program for our residents most in need.”

Customers have an opportunity to apply for LID at the same time they apply for state energy assistance programming, like LIHEAP and Percentage of Income Payment Plan (PIPP), offered at Community Action Agencies (CAAs). ComEd customers with incomes between 201% and 300% of FPL, or those who do not qualify for LIHEAP, may be eligible to participate in LID as a Tier 5 customer. These customers can enroll in ComEd’s LID program by visiting their local CAA, or self-enrolling through ComEd’s Smart Assistance Manager tool at ComEd.com/SAM.

The Rockford Health and Human Services (HHS) department is the state’s CAA for all of Winnebago and Boone counties, serving over 12,000 households last year through LIHEAP and PIPP energy assistance programs.

“In this time when the cost of basic necessities has significantly outpaced wages, we appreciate the opportunity to partner with ComEd to administer the LID and provide much needed economic relief to so many working families, seniors, individuals with disabilities, and other residents in need,” said Anqunette Parham, Executive Director of the Rockford HHS department. “With its expanded eligibility, the LID allows for over 35,000 households in Winnebago and Boone counties to now potentially save on their energy bills.”

Each Tuesday and Wednesday, the Rockford HHS department coordinates outreach events, which include LIHEAP intake. Click here for HHS’ most current schedule with locations.

Upon qualifying, customers become eligible to receive LID for 13 to 24 months, depending on their tier and enrollment date. While exact savings through the program vary based on a customer’s household income and delivery class, ComEd estimates the average eligible customer could save anywhere between 5% and 80% on their electric bill.

“Families are facing rising costs across the board these days,” said Illinois Sen. Steve Stadelman. “Because so many are struggling to put food on the table, pay for health care and heat their homes, I’m pleased to see ComEd offer assistance to those who are most vulnerable to help meet their basic needs.”

ComEd’s other customer support programs

LID is ComEd’s latest program to provide relief to customers with past-due balances and help them manage energy use to save money on future bills. In 2025, ComEd helped connect more than 220,000 customers to over $108 million in financial assistance and other relief. This includes ComEd’s $10 million Customer Relief Fund, launched in collaboration with ComEd’s parent company, Exelon, that provided bill relief to more than 30,000 customers. For information on all of ComEd’s bill-support programs, visit ComEd.com/PaymentAssistance.

ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 company and one of the nation’s largest utility companies, serving more than 10.7 million electricity and natural gas customers. 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, Instagram, LinkedIn, X, and YouTube.

Contacts

ComEd Media Relations
312-394-3500

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

JPMorgan Reveals Startling Investor Shift To Precious Metals

JPMorgan Reveals Startling Investor Shift To Precious Metals

The post JPMorgan Reveals Startling Investor Shift To Precious Metals appeared on BitcoinEthereumNews.com. Bitcoin Futures Oversold: JPMorgan Reveals Startling
Share
BitcoinEthereumNews2026/01/31 06:26
Pibble AI platform: Revolutionary AION Completes POSCO International POC with Stunning Success

Pibble AI platform: Revolutionary AION Completes POSCO International POC with Stunning Success

BitcoinWorld Pibble AI platform: Revolutionary AION Completes POSCO International POC with Stunning Success The world of trade is constantly evolving, with businesses seeking innovative solutions to enhance efficiency and accuracy. In this dynamic landscape, the Pibble AI platform AION has emerged as a groundbreaking force, recently completing a significant Proof-of-Concept (POC) with global trading giant POSCO International. This achievement signals a major leap forward in how artificial intelligence and blockchain technology can revolutionize B2B operations. What is the Pibble AI Platform AION and Its Recent Breakthrough? AION is an advanced AI trade solution developed by Caramel Bay, the innovative operator behind the Pibble (PIB) blockchain project. Its core mission is to streamline complex trade processes, which traditionally involve extensive manual labor and time-consuming documentation. The recent POC with POSCO International was a pivotal moment for the Pibble AI platform. It served as a real-world test, demonstrating AION’s capabilities in a demanding corporate environment. This collaboration showcased how cutting-edge technology can address practical business challenges, particularly in international trade. The results were truly impressive. The platform proved its ability to drastically cut down the time required for specific tasks. What once took hours of meticulous work can now be completed in mere minutes. Moreover, AION achieved an astonishing document accuracy rate of over 95%, setting a new benchmark for efficiency and reliability in trade operations. This high level of precision is crucial for reducing errors and associated costs in large-scale international transactions. Revolutionizing Trade: How the Pibble AI Platform Delivers Speed and Accuracy Imagine reducing hours of work to just minutes while simultaneously boosting accuracy. This isn’t a futuristic fantasy; it’s the tangible reality delivered by the Pibble AI platform AION. The successful POC with POSCO International vividly illustrates the transformative power of this technology. Key benefits highlighted during the POC include: Unprecedented Speed: Tasks that typically consumed significant human resources and time were executed with remarkable swiftness. This acceleration translates directly into faster transaction cycles and improved operational flow for businesses. Superior Accuracy: Achieving over 95% document accuracy is a monumental feat in an industry where even minor errors can lead to substantial financial losses and logistical nightmares. AION’s precision minimizes risks and enhances trust in digital documentation. Operational Efficiency: By automating and optimizing critical trade processes, the Pibble AI platform frees up human capital. Employees can then focus on more strategic tasks that require human intuition and decision-making, rather than repetitive data entry or verification. This efficiency isn’t just about saving time; it’s about creating a more robust, less error-prone system that can handle the complexities of global trade with ease. The implications for businesses involved in import/export, logistics, and supply chain management are profound. Beyond the POC: Pibble’s Vision for AI and Blockchain Integration The successful POC with POSCO International is just one step in Pibble’s ambitious journey. The company is dedicated to building validated platforms that leverage both blockchain and AI technologies, catering to a broad spectrum of needs. Pibble’s strategic focus encompasses: B2C Social Platforms: Developing consumer-facing applications that integrate blockchain for enhanced data security, content ownership, and user engagement. B2B Business Solutions: Expanding on successes like AION to offer robust, scalable solutions for various industries, addressing critical business challenges with AI-driven insights and blockchain transparency. The synergy between AI and blockchain is powerful. AI provides the intelligence for automation and optimization, while blockchain offers immutable records, transparency, and enhanced security. Together, they create a formidable foundation for future digital ecosystems. As the digital transformation accelerates, platforms like the Pibble AI platform are poised to play a crucial role in shaping how businesses operate and interact globally. Their commitment to innovation and practical application demonstrates a clear path forward for enterprise-grade blockchain and AI solutions. In conclusion, the successful POC of Pibble’s AION with POSCO International marks a significant milestone in the adoption of AI and blockchain in enterprise solutions. By dramatically reducing task times and achieving exceptional accuracy, the Pibble AI platform has demonstrated its potential to redefine efficiency in global trade. This achievement not only validates Caramel Bay’s vision but also paves the way for a future where intelligent, secure, and highly efficient digital platforms drive business success. It’s an exciting glimpse into the future of B2B innovation. Frequently Asked Questions (FAQs) Q1: What is the Pibble AI platform AION? AION is an advanced AI trade solution developed by Caramel Bay, the company behind the Pibble blockchain project. It’s designed to automate and optimize complex trade processes, reducing manual effort and improving accuracy. Q2: What was the significance of the POC with POSCO International? The Proof-of-Concept (POC) with POSCO International demonstrated AION’s real-world effectiveness. It showed that the Pibble AI platform could reduce tasks from hours to minutes and achieve over 95% document accuracy in a demanding corporate environment, validating its capabilities. Q3: How does AION achieve such high accuracy and speed? AION leverages sophisticated artificial intelligence algorithms to process and verify trade documentation. This AI-driven approach allows for rapid analysis and identification of discrepancies, leading to significant time savings and a dramatic reduction in human error. Q4: What is Pibble’s broader vision beyond B2B solutions? Pibble is committed to integrating blockchain and AI across various platforms. While AION focuses on B2B solutions, Pibble also develops B2C social platforms, aiming to enhance user experience, data security, and content ownership through these advanced technologies. Q5: Why is the combination of AI and blockchain important for trade? AI provides the intelligence for automation and optimization, making processes faster and more accurate. Blockchain, on the other hand, offers immutable records, transparency, and enhanced security, ensuring that trade data is reliable and tamper-proof. Together, they create a powerful, trustworthy, and efficient trade ecosystem. If you found this insight into Pibble’s groundbreaking achievements inspiring, consider sharing this article with your network! Help us spread the word about how AI and blockchain are transforming global trade. Your shares on social media platforms like X (Twitter), LinkedIn, and Facebook can help more people discover the future of business solutions. To learn more about the latest crypto market trends, explore our article on key developments shaping AI in crypto institutional adoption. This post Pibble AI platform: Revolutionary AION Completes POSCO International POC with Stunning Success first appeared on BitcoinWorld.
Share
Coinstats2025/09/18 19:45
Zcash Price Prediction: $16 Million Bets on a Crash – Is ZEC About to Get Wrecked?

Zcash Price Prediction: $16 Million Bets on a Crash – Is ZEC About to Get Wrecked?

Technical structure is weakening, momentum is stalling, and derivatives positioning shows clear bearishness – but are Zcash price predictions really damned?
Share
Coinstats2026/01/31 05:48