Capitol Fax.com - Your Illinois News Radar

Who ya gonna believe? Exelon or your lyin’ eyes

Posted in:

Illinois
Advertising

[The following is a paid advertisement.]

Exelon was caught this week with their hand in the cookie jar.

Exelon, the only company ever kicked out of the American Wind Energy Association and the company single-handedly preventing a fix to Illinois’ broken RPS claims the near zeroing-out RPS funding in their multi-billion dollar bailout bill was a two-page “drafting error.”

Crain’s exposed this latest outrage: Oops! Exelon’s compromise energy bill nearly zeroes out green-power funding.

Other lowlights from the Exelon bailout bill?

* Permanent Nuclear Subsidy – Continues for the “useful life of the plant.”
* Subsidy in Advance – Exelon gets their subsidy a year in advance by projecting revenues and costs.
* Windfall Profits – if energy prices go up, Exelon keeps the windfall profits.
* ComEd Gets Back in the Generation Biz – breaks 1997 deregulation agreement preventing ComEd from owning generation.
* Demand Charge Rate Hike – First in nation “demand charge” will raise rates for nearly ½ of ComEd customers.
* Energy Efficiency – ComEd to earn first-ever guaranteed profits on efficiency programs.

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, May 12, 16 @ 2:02 pm

Comments

No comments on this post so far.