Exelon Just Received A $1.7 Billion Rate Increase Through The Market-Based Capacity Auction
Friday, Oct 2, 2015
[The following is a paid advertisement.]
The final results are in and as many analysts have noted, “Exelon was the big winner in this year’s [PJM grid capacity} auction.” Here are the highlights:
Exelon’s Low Carbon Portfolio Standard would have raised $1.6 billion over 5 ½ years for Exelon. The Capacity markets, under Exelon-pushed rules, earned Exelon $1.7 billion over only three years.
Illinois doesn’t have a balanced budget, service providers are being decimated and real people across Illinois are hurting. It’s time for Exelon to take their HUGE $1.7 BILLION WINDFALL and stop asking legislators to keep padding their profits.
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.
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