This Just In: Exelon Announces More $$$$ For Shareholders, Higher 2015 Profits And Still Seeks Bailout
Friday, Feb 26, 2016
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Exelon announced that its profits for 2015 were $2,270,000,000 and that it is increasing dividends to shareholders 2.5% per year for the next three years.
So you’re thinking – “The company is healthy, shareholders are getting more $$$, the power auctions provided them $1.7 billion for their nuclear plants in Illinois so they must be done asking struggling Illinois ratepayers for a bailout, right?” Nope - it’s never enough for Exelon.
“Groundhog Day was yesterday, but Exelon appears to want to keep celebrating. The Chicago-based nuclear giant is back to threatening to close nuclear plants in Illinois without financial help from the state.” – “Exelon’s Crane beats the drum again for nuke subsidies” Crain’s, February 3, 2016
Illinois still has no budget, the state’s finances and services are in shambles, the social safety net is being decimated but Exelon STILL wants the Legislature to pass a huge BAILOUT.
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.