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[The following is a paid advertisement.]
Exelon announced that its profits for 2015 were $2,270,000,000 and that it is increasing dividends to shareholders 2.5% per year for the next three years.
So you’re thinking – “The company is healthy, shareholders are getting more $$$, the power auctions provided them $1.7 billion for their nuclear plants in Illinois so they must be done asking struggling Illinois ratepayers for a bailout, right?” Nope - it’s never enough for Exelon.
“Groundhog Day was yesterday, but Exelon appears to want to keep celebrating. The Chicago-based nuclear giant is back to threatening to close nuclear plants in Illinois without financial help from the state.” – “Exelon’s Crane beats the drum again for nuke subsidies” Crain’s, February 3, 2016
To review:
Illinois still has no budget, the state’s finances and services are in shambles, the social safety net is being decimated but Exelon STILL wants the Legislature to pass a huge BAILOUT.
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
Friday, Feb 26, 16 @ 1:28 pm
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Previous Post: Hopefully, Rauner will be the one to solve this
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