Read on for information about ComEd Bill Management Tools and Energy Efficient Options that may be available to help you.
New Savings for Everyone
Starting now, there are no additional fees for payments made by credit or debit card, or electronic check. You may now use PayPal to pay your ComEd bill. Learn more at ComEd.com/pay
Budget Billing from ComEd helps you plan ahead
Heating and cooling costs can vary greatly by season. ComEd offers Budget Billing to help your monthly electric bills be more predictable. If you prefer to plan ahead, Budget Billing could be right for you. Budget Billing eliminates seasonal variations by spreading costs evenly each month throughout the year. If you need help paying off a large or past-due balance, ask about a ComEd Deferred Payment Arrangement. After making a down payment towards your current owed amount, you can make installment payments to your remaining balance each month to bring your account up to date. Learn more at ComEd.com/pay
ComEd Efficiency Options
The ComEd Energy Efficiency Program offers a wide range of energy-saving opportunities designed to help customers of all income levels save money and energy. Program offerings include free energy assessments, discounts, and rebates on a variety of ENERGY STAR® certified appliances, smart thermostats, qualifying high-efficiency equipment and online tools to help manage energy use. Learn more at ComEd.com/HomeSavings.
Smart Assistance Manager (SAM) Gives You Customized Assistance
ComEd offers assistance when you need it most. SAM is a simple-to-use, online tool that helps you explore financial assistance programs. You’ll receive personalized program recommendations and learn how to verify eligibility. Visit ComEd.com/SAM to get started.
Low Income Home Energy Assistance Program (LIHEAP) is a federally administered program that can help you stay warm in winter without upsetting your budget. Whether you rent or own your home, LIHEAP offers financial help to limited-income households to pay heat and electric bills.
The Percentage of Income Payment Plan (PIPP) is a choice within Illinois LIHEAP to help manage energy bills year-round. You will be placed on a Budget Billing plan that is subsidized by a monthly PIPP benefit amount, determined by a percentage of your household income. Each month, you receive a PIPP benefit towards a portion of your Budget Bill amount. If an on-time and in-full payment is received, you may also receive a monthly arrearage credit, if applicable.
- You must be enrolled in Budget Billing. Budget Billing is a predictable monthly payment based on your electricity usage from the last 12 months. The cost is spread evenly month-to-month by charging a pre-arranged amount with each bill. PIPP participants will know exactly what to pay so you can keep your budget in check.
- You receive a monthly benefit from the state towards your utility bill.
- You are required to make on-time monthly bill payments equal to approximately 6% of your income or a minimum of $10.
- For each on-time payment, you will receive a credit towards the eligible account balance prior to enrolling in PIPP, up to $1000 per year for each utility.