Energy-intensive data centers are the backbone for artificial intelligence. They spike demand from our power companies and ...
The agreements are based on payment models in which the offtaker promises to pay a minimum and post security if its usage ...
Commonwealth Edison says eight large power users have agreed to guarantee billions in electricity purchases, shifting risk ...
ComEd is trying to keep the AI gold rush from frying Chicagoans’ power bills, and it says it has the contracts to prove it.
Together, the eight agreements will prevent existing ComEd customers from bearing responsibility for more than $2 billion in ...
Exelon (Nasdaq: EXC) today announced an additional $10 million contribution to its Customer Relief Fund, strengthening support for communities as cold weather drives up energy demand and costs remain ...
ComEd, a unit of Chicago-based Exelon Corp., on Jan. 6 announced the first set of new transmission security agreements (TSAs) ...
ComEd customers are about to see a big spike in their electric bills. As the Sun-Times reported in November, the demand for power from big data centers and a delay connecting new power sources, such ...
First reported by Bloomberg, the utility, which is part of the Exelon Group, will require “firm financial commitments” from ...
As of June 1, ComEd has raised its electricity supply rate. Most customers will pay about $10.60 more each month. ComEd says it doesn’t make money from this part of the bill and that help is available ...