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[The following is a paid advertisement.]
According to Moody’s, Exelon’s credit is rated (Baa2) two notches higher than Chicago (Ba1) and four notches higher than CPS (Ba3). Yet Exelon is demanding a $1.6 BILLION bailout from struggling family, business and government ratepayers including more than $20 million from Chicago and CPS. Maybe Exelon should be bailing out Chicago and CPS instead of the other way around!
“A plan to financially reward Exelon Corp. for producing no-carbon energy and potentially save three Illinois nuclear plants from closure would cost ratepayers $1.6 billion over five years and strain budgets for financially strapped businesses and municipal governments, a study released Tuesday found.” - Associated Press, 4/21/15
We simply can’t afford to pad the pockets of Exelon shareholders while governments from Chicago to Cairo are in such dire straits. 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
Wednesday, May 20, 15 @ 11:30 am
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Previous Post: Rauner said he would do it, and he did it
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