PHILADELPHIA, December 1, 2021 – PECO understands that small businesses in the Greater Philadelphia region have been significantly impacted economically as a result of the ongoing COVID-19 pandemic. Support for our customers becomes even more important as energy bills are expected to rise nationally this winter season.
A newly created Small Business Gas Grant Program, which goes into effect on December 1, will aid 900 local companies as they continue to attempt to recover from the impacts of the ongoing health crisis. The program will award $450,000 as grants for small business customers in need on a first-come, first-considered basis.
Qualifying small business customers enduring financial hardship can now apply to receive a one-time grant of $500 to be used towards their existing PECO natural gas account. The grant will be applied directly to the customer’s bill and will lower current outstanding balances or provide a credit for future charges.