Business Nonprofits

$500 Grants Available For PECO Customers As Part Of New Relief Fund

The $10 million PECO Customer Relief Fund will provide one-time grants to eligible families.

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Could a one-time grant of $500 help your family amid rising energy costs?

The United Way of Bucks County has partnered with PECO to launch a new $10 million program in the Philadelphia region.

The PECO Customer Relief Fund is aimed at providing financial assistance to eligible customers in “ALICE” households โ€” Asset Limited, Income Constrained, Employed โ€” as energy costs increase.

โ€œALICE individuals are the backbone of our community โ€“ the healthcare workers, childcare providers, and retail associates we rely on every day โ€“ and theyโ€™re barely getting by,โ€ said Marissa Christie, president and CEO of United Way of Bucks County. โ€œWeโ€™re proud to partner with PECO to offer real, tangible relief at a time when so many are facing increased costs and tough choices. This fund is an exceptional complement to our ongoing work for ALICE families: providing early education scholarships, help with transportation, and support at our HELP Center.”

Christie said the fund complements the United Wayโ€™s ongoing work for ALICE families, including providing early education scholarships and help with transportation.

The PECO Customer Relief Fund is funded by PECO’s parent company Exelon and will provide one-time $500 grants.

PECO President and CEO David Vahos said the fund allows the company to provide immediate assistance while also working with officials on long-term solutions.

โ€œPECO has deep roots in our community and weโ€™re proud to do our part during this challenging time as local families struggle with overall inflation pressures, including energy bills. PECO provides a critical service that keeps our communities safe, healthy and strong,โ€ Vahos said.

To qualify for a one-time $500 grant, customers must meet several criteria, including being a current PECO residential customer with a past-due balance of $2,000 or less. They must not have received the grant before, and must have had no theft-of-service charges in the past year.

For the program, a householdโ€™s income must be between 151% and 300% of the federal poverty level. For example, a family of four earning between $48,546 and $96,450 may qualify.

Customers can find more information and eligibility details at UWBucks.org/pecohelp.

Applications are available at PECO.com/relief and will be accepted through December or until all funds have been used.

Editorโ€™s Note: Publisher Tom Sofield is a member of the United Way of Bucks County Board of Directors.


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