Wed 15 Apr 2015
This is a company that made a Billion dollars in revenue last year. But it wants to dig deeper into your pockets. I hope we all say no to this. Their threats to shut down nukes are hollow. Who would care if they did? Clinton Nuclear Power Plant sucks.
Exelon-backed bill seeks $2 more a month for nuclear plants
By Ray Long
Critics of Exelon-backed legislation question why firm deserves consumer help.
Electricity users would have to dip into their pockets a little more to help cover costs of Exelon’s nuclear power plants under legislation unveiled Thursday that the influential corporation maintained would save jobs and keep service steady and reliable.
Exelon is backing the proposal because it could prop up what the company says are three money-losing nuclear plants that produce relatively clean energy compared with other sources of power.
Opponents question whether Exelon would get an unnecessary bailout when a trio of its other nuclear plants are in the black, and supporters of a separate bill prefer a broader approach that would build up renewable resources.
Where the state ends up on the issue will play out in the months ahead as the spring session unfolds, with companies like Exelon wielding clout at the Capitol through campaign contributions to lawmakers.
The Exelon legislation comes out of a joint report rolled out last month by multiple state agencies charged with examining the impact of closing nuclear plants and potential ways to keep them open.
Go there and read. Better yet call your representatives. More next week.