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Exelon tells legislators: “In 2016, the revenues of all Illinois nuclear units will be insufficient to cover costs, with Quad Cities and Clinton suffering the greatest losses”
Exelon tells the opposite story to Wall Street: In its last earnings call on February 3, Exelon CFO Jack Thayer boasted of their success offsetting low power prices through Wall Street hedges, “As you know, we’re highly hedged in 2016, which . . . allowed us to offset the impacts of lower prices in 2016.”
Exelon only tells legislators about some of their revenues – it’s like McDonald’s disclosing sales from french fries and shakes but not hamburgers and McNuggets
ENOUGH IS ENOUGH. JUST SAY NO TO THE EXELON BAILOUT
BEST Coalition is a 501C4 nonprofit group of dozens of business, consumer and government groups, as well as large and small businesses. Visit www.noexelonbailout.com.
