ComEd and Spire Solar Chicago promote solar electricity through city-based installation incentive

CHICAGO, Ill., Jan. 27, 2003 — Chicago property owners have one more reason to join the growing number of homes, businesses and institutions that generate their own electricity using the power of the sun.

ComEd, in partnership with Spire Solar Chicago, encourages Chicago residents to take advantage of the “Photovoltaic Incentive Program (PIP),” a rebate to help support locally based manufacturing and installation of photovoltaic systems within the City of Chicago.

Announced on January 15, 2003, PIP makes individuals and organizations eligible for ComEd rebates on grid-tied solar electric systems purchased from Spire Solar Chicago. Systems must be 1 to 50 kilowatts of direct current nameplate capacity and installed within the City of Chicago.

The rebates are offered through 2004 or while funds are available. Rebates are $1,250 per kilowatt in 2003 and $1,000 per kilowatt in 2004.

Other incentives, offered by the Illinois Department of Commerce and Community Affairs’ Renewable Energy Resources Program, the Illinois Clean Energy Community Foundation, and the Federal Business Energy Tax Credit and Accelerated Depreciation, are available to further reduce costs. These incentives lighten the load on PV initial costs, monthly utility bills and the environmental impact buildings create because of their significant energy consumption.

Spire Solar Chicago is a local manufacturer of solar electric panels, and is located at the Chicago Center for Green Technology on the City’s West Side. There are nearly 700 kilowatts of Spire Solar Chicago systems installed in about 30 locations throughout the City and metropolitan area. Spire provides a turnkey service to ensure systems are installed in compliance with City of Chicago building codes.

To be eligible for the program, buildings or homes must be located in the City of Chicago and have an active ComEd electricity account. The installations can be for residential, commercial or industrial applications and can be on new construction, renovated or existing properties. To apply online, go to the Chicago Solar Partnership website at www.chicagosolarpartnership.org, or contact Spire Solar Chicago at incentive@spiresolarchicago.com or call 773-638-1543.

About ComEd
Commonwealth Edison is a unit of Chicago-based Exelon Corporation (NYSE: EXC), one of the nation’s largest electric utilities with more than $15 billion in revenues and a customer base of five million. ComEd provides service to more than 3.4 million customers across Northern Illinois, or nearly 70 percent of the state’s population.

About Spire Solar Chicago
Spire Solar Chicago provides solar electric systems for distributed power generation and is a supplier of photovoltaic module manufacturing equipment and turnkey solar energy businesses. For more information on Spire Solar Chicago, contact Mark Burger at (773) 638-8700×228 or email at mburger@spirecorp.com

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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