ComEd announced that the Illinois Commerce Commission (ICC) has approved its second Beneficial Electrification (BE) Plan, investing approximately $168 million over a three-year period beginning in 2026. The continuation of ComEd’s BE funding marks a significant step forward in ComEd’s commitment to advancing electric vehicle (EV) adoption and reducing emissions in northern Illinois. Building on its current $231 million investment in beneficial electrification, deployed from 2023 through 2025, ComEd will invest an additional $168 million between 2026-2028 through BE Plan 2 to help residential and non-residential customers transition to and take advantage of electric vehicles. Key components of ComEd’s second Beneficial Electrification Plan include:
Residential EV Charger and Installation Program: $11 million, over three years, to offer rebates of up to $2,500 per household to support the purchase and installation of residential Level 2 electric vehicle chargers.
Business and Public Sector EV Purchase Program: $82 million, over three years, to offer rebates for the purchase or lease of new or pre-owned fleet EVs of all weight classes.
Research and Development Program: $11 million, over three years, to evaluate and demonstrate the impact of new transportation and electrification technologies.
For more information on ComEd’s second BE Plan and available resources and programs offered by ComEd, please visit ComEd.com/EV.
