In addition to establishing the ZES and benefits listed above, the legislation:
- Strengthens and expands the Renewable Portfolio Standard to ensure stable, predictable funding for renewable energy development, providing $180 million per year and growing to $220 million per year
- Provides $500M in funding for low-income solar and job training
- Prioritizes job training for ex-offenders and former foster children, aspiring to achieve 2,000 clean jobs for those who struggle most to find employment
- Creates tens of thousands of new clean energy jobs through expanded energy efficiency programs, energy innovation and renewable energy
- Reduces the fixed customer charge for energy delivery by 50 percent, giving customers more control over their bills
"We've listened to and worked with key environmentalists, consumer advocates, and community and faith leaders in developing this legislation, with the shared goal of delivering policy solutions that create innovative pathways to a sustainable future," said Fidel Marquez, senior vice president, government and external affairs, ComEd. "We look forward to continuing to work with stakeholders to refine and pass legislation that delivers so many benefits for our consumers, economy and environment."For more information, visit futureenergyjobsbill.com. Exelon Corporation (NYSE: EXC) is a Fortune 100 energy company with the largest number of utility customers in the U.S. Exelon does business in 48 states, the District of Columbia and Canada and had 2015 revenue of $34.5 billion. Exelon's six utilities deliver electricity and natural gas to approximately 10 million customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries. Exelon is one of the largest competitive U.S. power generators, with more than 32,700 megawatts of nuclear, gas, wind, solar and hydroelectric generating capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. The company's Constellation business unit provides energy products and services to approximately 2.5 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Follow Exelon on Twitter @Exelon. Commonwealth Edison Company (ComEd) is a unit of Chicago-based Exelon Corporation (NYSE: EXC), the nation's leading competitive energy provider, with approximately 10 million customers. ComEd provides service to approximately 3.8 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 .