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[The following is a paid advertisement.]
While ComEd is running a campaign to pass HB 14 called “Smart Energy Illinois”…
Here’s what ComEd’s parent company Exelon’s CEO John Rowe had to say about “smart” energy investments:
“Smart grid we are reluctant to embrace because it costs too much and we’re not sure what good it will do. We have looked at most of the elements of smart grid for 20 years and we have never been able to come up with estimates that make it pay.”
“The real issue is are we doing the customers more good by putting money into more advanced electronics or would we do them more good by putting the same money into replacing more old cable? To me that’s an unknown answer. If I had to choose, I’d bet on the cable.”
See for yourself at http://www.eenews.net/tv/transcript/1293
ComEd says HB14 is about smart energy investing, but AARP knows that the bill is really just a move to allow Illinois utilities to automatically raise electric and natural gas rates every year and eliminate much of the oversight currently provided by the Illinois Commerce Commission. AARP is urging lawmakers to reject HB 14
posted by Advertising Department
Tuesday, Apr 5, 11 @ 12:14 pm
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Previous Post: *** UPDATED x1 - Praise is thick as two talk *** Caterpillar CEO: Cat’s here to stay, and state income tax hike was inevitable
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