ComEd Report to ICC Shows Diverse Supplier Spend Reaches Record $777 Million

Grid Investments Support Spend with Minority, Women and Veteran-Owned
Businesses –

Up 19 Percent from Prior Year

CHICAGO–(BUSINESS WIRE)–ComEd’s spend with diverse suppliers in 2016 reached an all-time high of
$777 million, up 19 percent over 2015 and accounting for 33 percent of
ComEd’s total spend of $2.3 billion as it continued smart grid and other
investment programs to modernize the system serving 3.9 million
customers.

A report filed today with the Illinois Commerce Commission (ICC) shows
ComEd has injected more than $5.52 billion into its supply chain in
Illinois since 2011, driven largely by the smart grid program created by
the Energy Infrastructure Modernization Act (EIMA). The legislation
established a broad range of performance metrics for utilities,
including increased spending with diverse suppliers, by at least 15
percent over 10 years. Since 2012, ComEd has exceeded that goal with a
total supply chain spend in Illinois under EIMA of $4 billion, including
$1.6 billion total diverse supply chain spend.

Since the smart grid program began in 2012, ComEd’s diverse spend has
increased by 362 percent, creating opportunities for minority-, women-,
and veteran-owned businesses. In 2016, ComEd added 132 diverse
suppliers, a 26-percent increase, for a total of 516 certified-diverse
suppliers.

“At ComEd, we believe that our success now and into the future directly
correlates to our commitment to diversity and inclusion, in all facets
of our business. The diverse suppliers and vendors with whom we work on
a daily basis help us meet the evolving needs of our customers and
deliver excellence,” said Anne Pramaggiore, president and CEO, ComEd.
“Our supply chain partners are a reflection of the communities we serve.
We’re committed to mentoring, developing and helping these companies
grow so they can create more jobs and help build stronger neighborhoods
throughout our region.”

On April 27, 2017 ComEd will host its 2nd Annual Supplier
Diversity Awards to recognize top diverse suppliers for their
high-quality performance in numerous areas, including construction and
material services, professional services, environmental leadership,
financial management, storm response and support and enhancing the
customer experience.

Commonwealth Edison Company (ComEd) is a unit of Chicago-based Exelon
Corporation (NYSE: EXC), the nation’s leading competitive energy
provider, with approximately 10 million customers. ComEd provides
service to approximately 3.9 million customers across northern Illinois,
or 70 percent of the state’s population.
For more information
visit
ComEd.com,
and connect with the company on
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and
YouTube.

Contacts

ComEd
Media Contact:
312-394-3500

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