LIHEAP Has Grants to Help PECO Customers Keep the Heat on This Winter

PECO customers can receive up to $1,500 in energy assistance grants

PHILADELPHIA–(BUSINESS WIRE)–More than $185 million is now available, in Pennsylvania, to help PECO
customers keep warm this winter. Through the Low-Income Home Energy
Assistance Program (LIHEAP), PECO customers can receive up to $1,500 in
grant support, however customers must apply early to get their grant,
before funds run out.

LIHEAP is a federal program that provides assistance to individuals who
are having trouble paying their electric, natural gas or other heating
bills. Homeowners, renters, roomers and subsidized housing tenants may
be eligible. Last year, PECO helped its customers receive more than
$17.4 million in LIHEAP grant assistance.

“We want to help every PECO customer get the money they deserve to
ensure they stay safe and warm this winter,” said Patricia King, PECO’s
manager of Universal Services. “It is essential that our customers file
their applications early, to ensure they can secure their grant while
money is still available.”

PECO is reaching out to customers through community forums, proactive
calls, direct mail and advertising to ensure eligible customers know
help is available.

LIHEAP provides cash grants, up to $1,000 per customer, through a direct
payment to a vendor, such as a utility like PECO. Customers do not have
to be behind on their bills in order to receive a cash grant. LIHEAP
also has money allocated for emergencies including payments up to $500
to reinstate service that has been shut off for non-payment, and for
repairing leaking pipes and broken furnaces.

Grants are based on household size and income, type of fuel used and
county of residence. A family of four with an annual household income of
$36,450 can qualify for help. To be eligible, annual household income
cannot exceed 150 percent of the federal poverty income guidelines, or:

  • $17,820 One-person household
  • $24,030 Two-person household
  • $30,240 Three-person household
  • $36,450 Four-person household

For larger households, the guidelines increase by $6,240 for each
additional person.

Customers can call 1-800-34 HELP4 or visit www.peco.com/help,
for more information, questions, or help in filling out the application.

PECO manages the largest and most comprehensive Universal Services
program in Pennsylvania. In addition to LIHEAP, PECO has many other
programs to help customers manage their energy costs and save money.
Other assistance programs include:

  • The Customer Assistance Program (CAP): A credit based on household
    income and energy use.
  • The Matching Energy Assistance Fund (MEAF): A program funded by
    voluntary contributions of citizens and matched dollar for dollar by
    PECO for up to $1,000 in total assistance for those who qualify.
  • Low Income Usage Reduction Program (LIURP): A program that provides
    year-round conservation and weatherization assistance for qualified
    households.
  • Customer Assistance and Referral Evaluation Services (CARES): A
    referral and information service designed to assist customers who have
    temporary personal or financial hardships that prevent the payment of
    their utility bill.

PECO customers who are not eligible for low-and fixed-income assistance
but are having trouble managing their energy costs should also consider
taking advantage of other programs including budget billing. Budget
billing makes short-term fluctuations in monthly bills much easier to
handle by dividing annual energy costs evenly throughout the year.

All customers can save money on their monthly energy bills by using
energy as efficiently as possible. To find low-cost and no-cost ways to
save energy and money, visit peco.com/smartideas.

Based in Philadelphia, PECO is an electric and natural gas utility
subsidiary of Exelon Corporation (NYSE: EXC). The company’s 2,400
dedicated employees provide advanced, innovative energy solutions to 1.6
million electric and more than 511,000 natural gas customers in
southeastern Pennsylvania. In 2015 PECO delivered 86.9 billion cubic
feet of natural gas and 38 billion kilowatt-hours of electricity. The
company also has an estimated annual economic impact of $4.5 billion in
Pennsylvania, supporting more than 9,600 local jobs and producing $760
million in labor income. Founded in 1881, PECO is one of the Greater
Philadelphia Region’s most active corporate citizens, providing
leadership, volunteer and financial support to numerous arts and
culture, education, environmental, economic development and community
programs and organizations. For more information visit
PECO.com,
and connect with the company on
Facebook
and
Twitter.

If you are a member of the media and would like to receive PECO news
releases via e-mail please send your e-mail address to
PECO.Communication@exeloncorp.com.

Contacts

PECO
Ben Armstrong
215-841-4137 or 215-841-5555
benjamin.armstrong@exeloncorp.com