* This will get the lobbyists scrambling…
From: Jason Heffley, Policy Advisor for Energy and Environment
To: Richard Goldberg, Chief of Staff
Date: November 21, 2016
Re: Impact of Exelon/ComEd Bill on Energy Prices and Jobs
I understand the leadership of Exelon and ComEd requested a meeting with you tomorrow to advocate for passage of their energy legislation. As you know, this legislation has attracted a wide range of viewpoints and public comments. While our office will continue to work diligently to bring all parties together to reach bipartisan consensus, we will also uphold the governor’s statement of principles with respect to any energy legislation:
1) We should protect the high-quality and good-paying jobs at the Clinton and Quad Cities nuclear power plants;
2) We should protect the thousands of other high-quality, good-paying manufacturing jobs around the state, which could be put at risk by saddling job creators with high energy costs;
3) We should protect working families and seniors on fixed incomes from significant rate increases; and
4) We should support efforts to conserve energy and lower energy costs for all families and job creators.
Over the last few days, we have become aware of significant public concerns regarding the most recent draft of Exelon/ComEd’s legislation, which passed out of a House committee last week. These concerns include:
1) The legislation as filed raises energy costs on some of the largest employers in Illinois by more than $100 million over the life of the program, hurting their ability to be competitive and putting jobs at risk. Given our already high workers’ compensation costs and property taxes, rising energy costs would make us even less competitive. Such costs should be mitigated to avoid heavy job losses and lost opportunity across the state.
2) The legislation as filed skyrockets energy prices for working families and fixed-income seniors through so-called “demand rates” that would dramatically alter the way customers are charged for their energy usage. These are not demand rates, these are insane rates – and they should be rejected.
3) The legislation as filed does not provide a long-term commitment to keeping the Quad Cities and Clinton nuclear power plants open beyond six years. These communities deserve to know their jobs are not going away in six short years.
We understand that the legislation as passed by the Committee will not be the final legislation. Therefore, we will continue our work to create bipartisan consensus and uphold the governor’s statement of principles.
The administration is apparently hearing a lot of complaints from business owners about the coming rate hikes and are worried (like many are) about this “demand rates” proposal from ComEd.