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Exelon Just Received A $1.7 Billion Rate Increase Through The Market-Based Capacity Auction

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Illinois
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[The following is a paid advertisement.]

The final results are in and as many analysts have noted, “Exelon was the big winner in this year’s [PJM grid capacity} auction.” Here are the highlights:

$1.7 BILLION RATE INCREASE FOR EXELON – Exelon engineered the new rules to increase their profits. Their $1.7 BILLION reward will be paid for by struggling Illinois ratepayers.

Byron and Quad Cities Both Cleared the Auction and are Obligated to Run Well into the Future

Exelon’s Low Carbon Portfolio Standard would have raised $1.6 billion over 5 ½ years for Exelon. The Capacity markets, under Exelon-pushed rules, earned Exelon $1.7 billion over only three years.

Illinois doesn’t have a balanced budget, service providers are being decimated and real people across Illinois are hurting. It’s time for Exelon to take their HUGE $1.7 BILLION WINDFALL and stop asking legislators to keep padding their profits.

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.

posted by Advertising Department
Thursday, Oct 1, 15 @ 12:09 pm

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