ComEd announced that work related to its sweeping Smart Grid initiative supported 2,871 full-time equivalent positions in 2013. The positions included nearly 1,000 direct
full-time equivalent jobs at the utility and its contractors as well as more than 1,800 indirect positions created by the program. The data was submitted this week in the companys 2013 grid modernisation progress report to the Illinois Commerce Commission (ICC).The report showed that the grid modernisation program a comprehensive effort to modernise and build a smart grid, improve system reliability and reduce outages, and deploy 4 million smart meters produced 978 full-time equivalent positions, including 314 at the utility and 664 contractor positions. In addition, ComEd estimates that 1,893 indirect jobs were generated over the course of the year at a variety of businesses that benefit from the ripple effect of approximately $253 million in capital spending. ComEd works with the Regional Economic Applications Laboratory (REAL) at the University of Illinois to calculate the number of indirect positions resulting from the smart grid investment.From the very beginning of this program, one of our main objectives has been to create good-paying jobs across our service area, and were very excited to report that were exceeding the goals established by the Illinois General Assembly when it passed this important legislation, said Anne Pramaggiore , president and CEO of ComEd. We also have submitted a plan to accelerate the installation of smart meters this summer so we anticipate that this significant investment and expansive work under the Smart Grid program will remain a strong driver of economic growth for some time to come.