ComEd has paid out over $100 million in electric vehicle (EV) rebates since 2024, funding charging infrastructure and fleet electrification projects and helping propel Illinois toward its goal of one million EVs on the road by 2030.
ComEd has announced a significant milestone in its efforts to advance electric vehicle adoption, having paid customers more than $100 million in transportation electrification rebates across northern Illinois since launching its programs in February 2024. This substantial investment has helped finance over 7,200 EV charging ports and more than 2,200 fleet lithium-ion powered electric vehicles, with more than $60 million in rebate funding still available to customers this year for new projects.
The rebates are a core component of ComEd's commitment to beneficial electrification, aimed at reducing emissions and making EVs more accessible. Ajit Apte, SVP of Customer Operations at ComEd, emphasized that the funding is crucial for making EVs "more affordable for everyday customers" while also advancing clean energy goals.
A key focus of the program is equity. Since the launch, 80% of the rebates paid have been directed toward low-income customers or businesses and public sector organizations located in or primarily serving low-income and Equity Investment Eligible Communities (EIECs). This dedication to equitable access is set to continue, with more than 50% of the future EV rebate budget reserved for these communities, which will also qualify for higher rebate amounts.
Building on a current $231 million investment from 2023-2025, ComEd will nearly double down on its commitment with an additional $168 million planned for beneficial electrification projects between 2026 and 2028, following the recent approval of its second Beneficial Electrification (BE) plan. This next phase of funding will begin in January 2026, with ComEd adjusting and increasing many rebate amounts for 2026 to better support the transition of fleets by businesses and municipalities, particularly in light of changes in federal funding support.
The rebate programs are a direct result of Illinois’ Climate and Equitable Jobs Act (CEJA), which was signed into law in 2021 by Governor J.B. Pritzker. CEJA sets an ambitious target of one million EVs on Illinois roads by 2030. Currently, nearly 150,000 EVs are registered in the state, with 90% in ComEd’s service territory.
The transition to EVs is supported by a variety of stakeholders. Megha Lakhchura, EV Officer for the state of Illinois, called the ComEd programs "one of the largest investments in electrification in the state," and an important step in making fleet electrification financially feasible. Samantha Bingham of the Illinois Alliance for Clean Transportation (IACT) and Rob Anderson of the Respiratory Health Association also commended ComEd's leadership, highlighting the health benefits of reduced tailpipe emissions for northern Illinois communities.
