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Smart Grid Program Supported 2,800 Jobs in Third Quarter
Smart meter installation creating new opportunities
CHICAGO, Dec. 3, 2013 /PRNewswire/ -- ComEd announced today that work related to the Smart Grid program resulted in 2,872 full-time equivalent jobs in the third quarter of 2013. These include more than 900 direct full-time equivalent jobs at the utility and its contractors as submitted in a report to the Illinois Commerce Commission, plus more than 1,900 induced full-time equivalent positions.

The report showed that the grid modernization program supported 954 full-time equivalent positions, including 282 at the utility and 671 with its contractors. In addition, based on the proportion of direct to induced jobs created by the program in 2012, ComEd estimates that 1,908 indirect jobs were generated in the third quarter as a result of the ripple effect of capital spending.

"Strengthening and modernizing our system in northern Illinois continues to support many good paying jobs at ComEd and at our contractors, which has a positive impact throughout the region," said Anne Pramaggiore, president and C.E.O., ComEd. "We're confident the investment program will create more opportunities as smart meter installation begins to accelerate in the coming year."