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Exelon Tells Wall Street Its Illinois Plants Make Money So Why Is It Still Asking Springfield For A Bailout??

Thursday, May 5, 2016

[The following is a paid advertisement.]

  • 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
  • Exelon Tells Springfield They're Losing Money Exelon Tells Wall Street They're Making Money

    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.

    - Posted by Advertising Department   Comments Off      


    Nuclear Energy: Keeping the Lights on for Illinois’ Businesses

    Thursday, May 5, 2016

    [The following is a paid advertisement.]

    Nuclear facilities produce more than half of the electricity in Illinois and they’re by far the most reliable source of energy we have. As a result, our state’s businesses know they can depend on the electrical grid round-the-clock for their energy needs.

    This is a huge asset and a competitive advantage for Illinois businesses, as they are able to operate regardless of weather or the time of year to meet the demands of their customers. Consumers benefit from this too, as affordable, reasonably-priced energy allows them to purchase goods at a lower cost.

    That is why it is so important to find a solution to our state’s current energy problems. A recent State of Illinois report found that if some of our nuclear plants were to close early, as they’re projected to do soon, our state would lose $1.2 billion in annual economic activity and nearly 4,200 jobs. Coupled with higher electricity rates, this would be a severe blow to Illinois’ businesses and consumers.

    For Illinois’ businesses to thrive, we need to ensure that nuclear energy remains in our state’s energy future. I urge our state legislators to enact energy reform legislation that properly values the contributions of nuclear energy in our state.

    Signed,

    Omar Duque, President and CEO, Illinois Hispanic Chamber of Commerce

    For additional information, read my op-ed that recently appeared in the State Journal-Register.

    - Posted by Advertising Department   Comments Off      


    Keep Fantasy Sports in Illinois

    Thursday, May 5, 2016

    [The following is a paid advertisement.]

    Over 50 million Americans participate in fantasy sports contests, including more than two million men and women from Illinois, which makes our state the third largest player in the nation. In addition, the Fantasy Sports Trade Association is headquartered in Chicago, along with local and regional fantasy sports entities based here in Illinois.

    Fantasy sports are contests of skill in which participants select a team of real world athletes and accumulate points based on how their players perform in an actual game. Participants study athletes’ statistics and other information to assemble a team that will score the most possible points.

    Whether it’s a football league with their friends and family or a daily/weekly contest against players across the nation, Illinoisans do so because it is a form of entertainment that gives them a deeper appreciation for the sports that they love.

    Vote YES on House Bill 4323 (Zalewski/Raoul) to ensure that these two million (and growing) Illinois residents can continue to play the games they love in a safe and fair environment.

    - Posted by Advertising Department   Comments Off      


    PREVIOUS POSTS »
    * It's not as clear as it looks
    * Exelon Tells Wall Street Its Illinois Plants Make Money So Why Is It Still Asking Springfield For A Bailout??
    * EIU warns that stopgap won't be nearly enough
    * Today's lede
    * Question of the day
    * Fun with numbers
    * Nuclear Energy: Keeping the Lights on for Illinois’ Businesses
    * Poll: 54 percent disapprove of Rauner in 99th House District
    * Keep Fantasy Sports in Illinois
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