According to the Governmental Affairs Committee of the Elmhurst Chamber of Commerce and Industry, ComEd is offering new assistance programs to help both small businesses and residential customers who are facing financial difficulties during the COVID-19 pandemic.
At this time, there have been a lot of issues with finances for small businesses that have been hit hard due to the pandemic. They are trying to stay afloat and one step they could possibly take is to find the best banks for small business in florida, or wherever they are placed to get some financial assistance, whether it be related to acquiring loans or to better pay off their due credits. During these tough times, nevertheless, the government should also step in to assist those in need.
Adapting and overcoming are essential, that is why some businesses, if possible, may move online so they can still function but in a different setting. If this is the case, then there are resources that can benefit them, from web designers to payment processing systems (https://merchantalternatives.com/merchant-services/merchant-accounts/credit-card-processing-small-business/) so they are not left high and dry if they cannot stay within a retail space. Those that do not have this option will be able to keep going with this grant, which can make all the difference.
ComEd’s Small Business Assistance Program provides eligible small-business customers that are past due on their energy bills with a one-time grant equal to 30 percent of their total ComEd balance (up to $1,000) for a limited time. In addition, customers whose electric service has not been disconnected can then set up their remaining balance due on a payment plan of up to six months.
“Small and family-owned businesses are the backbone of our communities and when they struggle, our neighborhoods struggle,” said ComEd CEO Joe Dominguez. “By offering a new bill-assistance option targeting small and family-owned businesses, we hope to do our part to ensure that the businesses that we all love and depend upon continue to be a part of our lives.”
Small-business customers can visit ComEd.com/SmallBizAssistance or call 1-877-4-COMED-1 (1-877-426-6331) to learn more or apply for the Small Business Assistance Program.
ComEd’s Helping Hands Program also assists residential customers who are experiencing financial difficulties. For a limited time, this financial-assistance program offers an additional one-time grant of up to $300 to help income-eligible customers reduce past-due balances. Going forward, residents are free to take measures in the future to save energy and lower their electricity bills, such as installing a Heat Pump Tampa (or elsewhere) or a smart meter, but for the time being, ComEd’s Helping Hands Program can definitely be of great assistance for them.
ComEd’s bill-assistance programs also include flexible payment options, financial assistance for past-due balances and usage alerts for current bills. Customers experiencing a hardship or difficulty with their electric bill should call ComEd immediately at 1-800-334-7661 (1-800-EDISON-1) Monday through Friday from 7 a.m. to 7 p.m. to learn more and enroll in a program.
ComEd also offers usage alerts and energy-management tips to help customers manage energy use to save money now and on future energy bills.
