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[The following is a paid advertisement.]
Editorial boards are sounding the alarm about the Exelon bailout bill.
Crain’s Chicago Business: “THIS ‘MARKET SOLUTION’ ONLY BENEFITS EXELON”
You know you’ve got a good thing going when profitability is only a bailout away…
Bailouts for profitable enterprises? That’s not the kind of juice that ratepayers should be shelling out for.
Chicago Sun-Times: “EXELON MUST MAKE CASE FOR BAILOUT”
Not so long ago, Exelon…was extolling the merits of an open market for power as its profits rolled in. Now, with power prices plunging, Exelon has lost enthusiasm for the open markets it championed in the 1990s and wants the Legislature to devise a new formula that will protect its profits, quite likely driving up utility bills for homeowners and businesses.
If Exelon is hard up, they can show us. The company should open its books to show how its nuclear fleet is performing.
What’s good for Exelon doesn’t much matter if it’s bad for the rest of Illinois.
Belleville News Democrat: “DON’T FALL FOR EXELON BAILOUT”
Good old Exelon. The company has come up with legislation to subsidize its nuclear reactors, get electric users throughout the state to pay for it and claim it’s in the interest of clean energy.
State lawmakers need to see this bill for the dirty trick it is and kill it.
posted by Advertising Department
Wednesday, Mar 4, 15 @ 10:29 am
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Previous Post: The consequences of cuts
Next Post: Most suburban towns could survive a year of state cuts
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