Capitol Fax.com - Your Illinois News Radar

Editorial Boards Agree: Exelon’s Bailout is a Bad Bill

Posted in:

Illinois
Advertising

[The following is a paid advertisement.]

Newspapers don’t often agree…except when it comes to the Exelon bailout legislation:

Chicago Sun-Times: “EXELON’S RATE-HIKE PROPOSAL IS A BAD BILL”

“A bad bill in Springfield would raise our electricity bills to protect Exelon’s bottom line. The Legislature should either rewrite it significantly or flick the off switch altogether.”

“There is a feeling here of a company trying to socialize the risks while keeping the profits private.”

Chicago Tribune: “POWER PLAY: THE BATTLE OVER YOUR ELECTRIC BILL”

“Though solar, wind and other generators of low carbon energy would supposedly qualify for the credits, the legislation is written to give a big advantage to Exelon’s nuclear plants. Yes, this legislation would hike your electric bill.”

“…Problem is, Exelon hasn’t provided much evidence that the plants are financial losers and it hasn’t promised to keep the plants open…”

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…”

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.”

Businesses and governments can learn how much the bailout would cost them at www.noexelonbailout.com/calculator.

Just say no to the Exelon bailout. Vote no on SB1585/HB3293.

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.

posted by Advertising Department
Friday, May 8, 15 @ 11:45 am

Comments

No comments on this post so far.