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[The following is a paid advertisement.]
“ComEd has long believed that competitive markets will work in the best interests of our customers. So we are concerned about the negative impact on our customers from a requirement that would force utilities to buy subsidized generation at above-market prices.” (Crain’s, February 28, 2013)
Exelon’s Bailout Legislation is Gross Overreach- Exelon has asserted, but not proven, it needs a bailout for three of its Illinois nuclear facilities yet proposed a subsidy for all six Illinois nukes.
No Faith Based Bailouts - Exelon has refused to disclose any information to prove their plants will be in trouble.
Federal Bailout for Exelon Later this Spring – The coming grid auction, under new rules Exelon lobbied for, is expected to generate hundreds of millions of dollars per year for Exelon’s Illinois nuclear plants.
Ratepayer Impact Too Great – The Exelon legislation is going to cost struggling Illinois businesses and consumers $1.6 billion in rate increases over the next five years.
Proposed Solution Not “Market-Based” – The Exelon legislation contains restrictions to ensure only Exelon’s nuclear plants qualify.
Just say no to the Exelon Bailout! Vote no on SB 1585/HB 3293.
For more information, go to www.noexelonbailout.com
posted by Advertising Department
Tuesday, Apr 7, 15 @ 3:09 pm
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