Rauner administration agrees in principle to Exelon deal
Wednesday, Nov 30, 2016
* I’m told by a source very close to the negotiations that Gov. Rauner’s administration has agreed “in principle” to support a new deal on the bill to prevent the closure of two of Exelon’s nuclear power plants and expand alternative energy sources.
I’m also told there are “hard” caps on rate increases for residential ratepayers and commercial users, and the proposed microgrids and some other items have been dropped from the measure to save money.
There have been plenty of doubts around the rail that the Rauner administration could actually get something done here. But they negotiated well into the night last night (when things just about fell apart) and then restarted bright and early this morning (6 o’clock) and got it done.
Waiting on react and more details. Stay tuned.
…Adding… Exelon folks have confirmed this as well.