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ComEd launches $2.5M grant program offering up to $500 for small businesses struggling with electricity bills amid data center-driven price spikes

By

Brett Chase

1mo ago· 2 min readenNews

Summary

ComEd is launching a $2.5 million grant program offering up to $500 in matching payments for small business customers struggling to pay electric bills. The program, driven by price spikes from AI data center growth over two consecutive years, opens June 15 on a first-come basis. Business owners must contribute a matching portion of their bill to qualify.

Source

bskyComEd launches $2.5M grant program offering up to $500 for small businesses struggling with electricity bills amid data center-driven price spikeschicago.suntimes.com

Key quotes

· 3 pulled
ComEd is offering payments of up to $500 for small business customers who can't pay their electric bills following two years of price spikes related to data center growth.
The grant applications will be available June 15 on a first-come basis.
Business owners will be expected to pay some amount of money as part of the 'matching' requirement of the grant application.
Snippet from the RSS feed
The $2.5 million program was created after AI data center growth drove up power prices for the second year in a row.

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