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This Just In: Exelon Profits Exceed Expectations - $629 Million
Thursday, Nov 5, 2015 - Posted by Advertising Department [The following is a paid advertisement.] EXELON CEO CHRIS CRANE – “A PHENOMENAL YEAR FOR US” Today, Exelon announced third quarter 2015 profits of $629 MILLION. Yes, you read that right. Exelon has made more than $2.0 BILLION in the first nine months of this year. And yet despite their good fortune, Exelon still demands a corporate bailout even as our state budget crisis goes from bad to horrendous. They have promised to return to the ILGA with a full court bailout push in 2016! IN THE THIRD QUARTER, EXELON MADE NEARLY SEVEN MILLION DOLLARS A DAY or $284,873 AN HOUR On this morning’s earnings call, Exelon CEO Chris Crane described 2015 and said, “This is a phenomenal year for us.” OTHER EXELON NEWS: ALL ILLINOIS PLANTS TO REMAIN OPEN
Struggling Illinois ratepayers have had enough. Just say no to the Exelon Bailout.
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Plant Closures Show the Need for Action in Illinois
Thursday, Nov 5, 2015 - Posted by Advertising Department [The following is a paid advertisement.] In the past month, two nuclear plants have announced their premature closure - the FitzPatrick plant outside Syracuse, NY and the Pilgrim plant outside Boston, MA - due to economic challenges stemming from a failure to properly value the plants for their reliable, carbon emissions –free energy. These closures will be devastating to the economies of the communities in which they operate and efforts to reduce carbon emissions resulting in:
• $600 million in lost economic activity; and • Loss of a leading source of carbon emissions-free energy. This comes on the heels of similar closures announced in Wisconsin and Vermont in recent years that have produced similar losses to those states. According to a State of Illinois report, the premature closure of at-risk plants in Illinois would yield even more severe consequences here at home including:
• $1.8 billion annually in lost economic activity; • Up to $500 million in higher energy costs statewide; and • Up to 38.7 million metric tons in increased carbon emissions at a cost of up to $1.1 billion per year. Illinois cannot afford to let this happen. We need policy reforms like the Low Carbon Portfolio Standard that properly recognize and value the significant amount of carbon-free electricity that comes from Illinois’ nuclear fleet to level the playing field for all forms of clean energy and best position our state to meet EPA’s new carbon reduction rules. Learn more about the benefits of nuclear energy at www.NuclearPowersIllinois.com
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Dedication to People – The Credit Union Difference
Thursday, Nov 5, 2015 - Posted by Advertising Department [The following is a paid advertisement.] Exactly what is the ‘Credit Union Difference’? Just ask Mae Powley, Manager of Pontiac-Dwight Prison Employees Credit Union. “We really enjoy getting to know our members personally. We consider them part of our extended family. Members are friends, not just account numbers.” From those who consider their credit union as a trusted place to help meet daily budgetary needs to those who are on the other side of the counter helping fellow members build strong financial futures, credit unions are all about “People Helping People”. So when Mae talks about the credit union as an extended family, she lives it. That’s because she is a member herself along with 1,100 other current and retired Illinois Department of Corrections employees and their family members – and has served alongside them as manager for the past 42 years. Credit unions are able to better serve their communities because of their not-for-profit cooperative structure and leadership of a volunteer board elected by and from the local membership. Illinois credit unions: putting the “people” behind their fundamental philosophy.
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