ComEd Recognizes Ferrero for Achievements in Energy Savings and Sustainability

Ferrero’s Franklin Park facility saves $777,000 in annual energy costs through ComEd Energy Efficiency (EE) Program

CHICAGO--(BUSINESS WIRE)--ComEd and Ferrero today celebrated significant energy savings, sustainability achievements and partnership through the award-winning ComEd Energy Efficiency (EE) Program. Through energy-saving projects and operational improvements at its Franklin Park, Ill. manufacturing facility that began in 2020, Ferrero has saved nearly 8.5 million kilowatt-hours (kWh) of electricity, resulting in annual energy-bill savings of $777,000. These energy savings also have an equal environmental impact to planting more than 2,800 acres of trees or removing more than 680 gas-powered cars from the road for one year.

“Ferrero is a great example of the value of making energy efficiency an ongoing business priority,” said Gil Quiniones, ComEd’s President and CEO. “ComEd is eager to work with local businesses to establish long-term operational improvements and support their financial and sustainability goals.”

In addition to savings from reduced energy use, Ferrero received $366,000 in incentives from ComEd for completing energy saving projects such as comprehensive lighting and temperature control enhancements. These incentives help offset the costs of EE improvements, which helps Ferrero manage overall operational costs. Ferrero’s participation in the ComEd EE Program reflects a collaborative, long-term commitment to energy management and sustainability.

“As a manufacturer and an employer in this community, we take our responsibility seriously,” said Robert Po, Plant Manager of Ferrero’s Franklin Park facility. “Improving energy performance at Franklin Park helps reduce emissions while also strengthening the efficiency and resilience of our operations.”

Ferrero took advantage of a key component of the ComEd EE Program for commercial customers, the Strategic Energy Management (SEM) offering. Through SEM, Ferrero received a free assessment of its facility equipment and operations to identify energy-saving opportunities. This was followed by employee training to embed smart energy practices into day-to-day operations.

“Congratulations to Ferrero for this well-deserved recognition. As a best-in-class manufacturer, Ferrero is leading the way on energy management and sustainability, while producing iconic brands beloved by families across the globe,” said Mark Denzler, president & CEO of the Illinois Manufacturers’ Association. “We applaud ComEd for their commitment to work with manufacturers across Illinois to reduce their environmental impact and lower energy costs, helping them achieve operational excellence and continued community investment.”

Since its launch in 2008, the ComEd EE Program has saved customers a total of over $13 billion on their energy bills and reduced electricity consumption by nearly 112 million megawatt-hours (MWh). These savings are comparable to preventing nearly 84 billion pounds of carbon emissions that contribute to climate change, which is the equivalent of planting 38 million acres of trees.

"On behalf of the Village of Franklin Park, I join ComEd in applauding Ferrero's efforts in energy efficiency and sustainability which will have an important benefit for our town," said Irene Avitia, Trustee for the Village of Franklin Park. "By implementing lighting and facility improvements, Ferrero was able to help reduce emissions in our community. I congratulate them on their continued commitment to utilizing sustainable practices that will help protect our planet."

Business customers that use more than 5,000 MWh of electricity annually can take advantage of the ComEd EE Program’s SEM offering by visiting ComEd.com/SEM. All customers can explore ComEd’s full range of energy management programs at ComEd.com/WaysToSave.

About ComEd

ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 company and one of the nation’s largest utility companies, serving more than 10.7 million electricity and natural gas customers. ComEd powers the lives of more than 4.2 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 Facebook, Instagram, LinkedIn, X and YouTube.

About Ferrero

Ferrero began its journey in the small town of Alba in Piedmont, Italy, in 1946. Today, it is one of the world’s largest sweet-packaged food companies, with over 35 iconic brands sold in more than 170 countries. The Ferrero Group brings joy to people around the world with much-loved treats and snacks, including Nutella®, Kinder®, Tic Tac® and Ferrero Rocher®. More than 50,000 employees are passionate about helping people celebrate life's special moments. The Ferrero Group’s family culture, now in its third generation, is based on dedication to quality and excellence, heritage, and a commitment to the planet and communities in which we operate.