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The City of Chicago and 48 local government agencies have selected ComEd to supply 10% of their aggregated electricity needs with renewable power. Under the agreement, ComEd will increase the percentage of green power supply to 20% after five years, representing 80 MW of annual renewable power capacity from sources such as wind, solar, small hydro, and landfill gas.
ComEd's profits from the sale of green power to the City will go into a Reinvestment Fund, which will be used to help attract and develop new renewable generation within the area. ComEd will administer the fund through the Environmental Resources Trust, a Washington D.C. based auditing group that also will substantiate and track ComEd's green purchases.
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