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Exelon was caught this week with their hand in the cookie jar.

Exelon, the only company ever kicked out of the American Wind Energy Association and the company single-handedly preventing a fix to Illinois’ broken RPS claims the near zeroing-out RPS funding in their multi-billion dollar bailout bill was a two-page “drafting error.”

 Crain’s exposed this latest outrage: Oops! Exelon’s compromise energy bill nearly zeroes out green-power funding.

 Other lowlights from the Exelon bailout bill? 

• * Permanent Nuclear Subsidy – Continues for the “useful life of the plant.”
• * Subsidy in Advance – Exelon gets their subsidy a year in advance by projecting revenues and costs. 
• * Windfall Profits – if energy prices go up, Exelon keeps the windfall profits.
• * ComEd Gets Back in the Generation Biz – breaks 1997 deregulation agreement preventing ComEd from owning generation.
• * Demand Charge Rate Hike – First in nation “demand charge” will raise rates for nearly ½ of ComEd customers.
• * Energy Efficiency – ComEd to earn first-ever guaranteed profits on efficiency programs.

 

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.