AP NEWS
ADVERTISEMENT
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Nexamp and ComEd Partner on “Give-A-Ray” to Expand Access to Community Solar in Rockford Area

June 29, 2021 GMT

ROCKFORD, Ill.--(BUSINESS WIRE)--Jun 29, 2021--

The Mayor of Rockford, Ill., today joined community solar provider Nexamp and ComEd to launch Give-A-Ray, a new 15-year program to provide solar energy benefits and savings to low and moderate income customers in Rockford and the surrounding area for free. With the help of local support services, including the Rockford Housing Authority, outreach to potential participants is underway and requirements are available at ComEd.com/GiveARay.

“Rockford places a high priority on using more renewable energy to generate electricity and on making sure the many benefits are available to customers regardless of income level,” said Mayor Tom McNamara. “We thank Nexamp and ComEd for bringing this innovative offering to Rockford and we look forward to working with them to increase access to solar among residents who are most in need.”

ADVERTISEMENT

Community solar allows all customers to participate in the benefits of clean solar energy without installing panels on their own homes. Participants subscribe to a solar energy project and earn credits on their monthly utility bills for their portion of the energy the solar project produces.

The first program of its kind in Illinois, Give-A-Ray will enable about 650 ComEd customers per year to enroll and receive community solar credits at no cost. ComEd will pay for the community solar credits on behalf of customers and manage the identification and enrollment of subscribers to the project.

Eligible customers can earn credits on 75% of their average annual energy usage, resulting in a savings of about $250 annually. Credits will vary monthly based on the amount of energy produced by the community solar project and the seasonal impact on energy generation. Give-A-Ray is enabled by the Illinois Solar for All Program, which was established by the Future Energy Jobs Act enacted by the Illinois General Assembly in 2016.

ADVERTISEMENT

“We worked closely with ComEd to develop a strong partnership and design a joint program that delivers significant savings to qualified community solar subscribers,” said Allan Telio, senior vice president of community solar at Nexamp. “We credit ComEd for their vision, leadership and enthusiasm in jointly developing this program with us to ensure it will deliver maximum benefits to customers. I hope other utilities will follow their lead.”

“Give-A-Ray offers income eligible customers in the Ogle and Winnebago communities the opportunity to take advantage of community solar without paying for community solar credits,” said Scott Vogt, vice president, strategy and energy policy, ComEd. “This long-term program demonstrates ComEd’s and Nexamp’s shared commitment to lifting up communities in need by ensuring equitable access to clean energy.”

Nexamp’s Rockford community solar farm will add more solar energy to the local grid when it begins operation in the fall of 2021 and will bring immediate benefits to hundreds of residents in surrounding communities. Located just north of downtown Rockford, the project is sited on a former city landfill, giving new life to an otherwise unusable plot of land. The project features more than 6,600 solar panels with 2.6 megawatts of solar generation capacity.

About Nexamp

Nexamp is leading the transformation to the new energy economy with proven solutions for the deployment and operation of solar and energy storage assets. Our comprehensive capabilities span the entire solar project lifecycle—including project development, design and construction, financing, operations and maintenance, and customer acquisition and management. Our integrated, best-in class solutions make solar and energy storage simple and profitable for our clients and partners and make an impact every day. With a rapidly expanding network of property owners, businesses, communities and residents benefitting from our growing portfolio of solar and energy storage assets across the US, Nexamp and our partners are laying the groundwork for a cleaner, more secure energy future. Visit us at www.nexamp.com.

About ComEd

ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 100 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 and YouTube.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210629005942/en/

Keith Hevenor,khevenor@nexamp.com, 978-496-0098ComEd Media Relations: 312-394-3500

KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS

INDUSTRY KEYWORD: ALTERNATIVE ENERGY ENERGY OTHER ENERGY UTILITIES

SOURCE: ComEd

Copyright Business Wire 2021.

PUB: 06/29/2021 02:00 PM/DISC: 06/29/2021 02:02 PM

http://www.businesswire.com/news/home/20210629005942/en