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The Exelon Bailout Bill Is Back And Bigger Than Ever - Crain’s Editorial: For Consumers, Energy Bailout Doesn’t Compute

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[The following is a paid advertisement.]

The Exelon bailout bill is back from the dead and bigger than ever. Crain’s is warning everyone to hold onto their wallets.

In 2015, Illinois generated 41 percent more electricity than we need, even as power demand shrunk 3.8 percent since 2011

Sierra Club and NRDC have joined forces with coal-plant operator Dynegy and nuke-plant and ComEd owner Exelon for a monster bill to bailout both unneeded nukes and unneeded coal plants

The energy bill would subsidize unnecessary nukes, meaning Illinois ratepayers will effectively be paying more so ratepayers in other states who use our surplus power will pay less

“…that’s just another incentive for commercial and industrial consumers – and employers – to jump the border”

Social services have been devastated, the state is now two years without a budget, but Exelon would have you believe our top legislative priority is passing a $16 BILLION RATE HIKE for a company that just announced quarterly PROFITS of $841 MILLION to prop up power plants that cannot compete in the Illinois energy market.

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
Wednesday, Nov 9, 16 @ 2:03 pm

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