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
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.
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Key quotes
· 3 pulledComEd 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.
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