Wednesday, November 16, 2016
Exelon Ties Rate Hike To Nuke Plant Future
Even lawmakers who want to save Exelon's two endangered nuclear power plants in Illinois think the utility's latest request is a little much. Exelon is asking lawmakers for not only the green energy credits to save the Quad Cities power plant, but a subsidy for coal fired power plants, and a new rate hike that'd charge people based on the peak cost for their power usage. Advocates and even Republican lawmakers in Springfield say the proposal is too much. Exelon says it needs state help to keep 15-hundred jobs at plants in Cordova and Clinton.