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[The following is a paid advertisement.]
While political opponents of Illinois’ nuclear industry continue to employ scare tactics to spread misinformation about the Low Carbon Portfolio Standard (LCPS), it is important to remember the facts:
LCPS Is 12 Times CHEAPER Than Cost Of Letting Plants Close. The cost to Illinois of allowing Illinois nuclear plants to close early are as much as 12 times greater than the LCPS when fully considering increased wholesale power prices, transmission costs, adverse economic impacts and adverse environmental impacts.
Billions Of Dollars Are On The Line For Illinois. The State of Illinois released a report in January that found that if three Illinois nuclear plants close, the state could lose up to $1.8 billion in economic activity each year, nearly 8,000 highly skilled jobs, up to $500 million in higher energy costs statewide each year, $1.1 billion per year due to increases in carbon and other pollutants and hundreds of millions of dollars to construct new transmission lines.
The LCPS Contains Strong Electric Consumer Protections. The LCPS has strong consumer protections that prevent undue increases to utility bills. In addition, the LCPS has a 2.015 percent cap on electric bills – about $2 per month for the average homeowner – and provides a rebate to customers if wholesale electric prices go above a certain level as established by policymakers. As always, the Illinois Commerce Commission will continue to have authority for approving any changes to utility customer rates.
Learn more at www.NuclearPowersIllinois.com
posted by Advertising Department
Wednesday, Apr 22, 15 @ 12:15 pm
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