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Exelon’s Legislative Effort to Save Illinois Nuclear Plants Moves Forward

November 23, 2016

The latest attempt by Exelon Corp. to save two of its struggling Illinois nuclear power plants passed a critical hurdle late last week: the Future Energy Jobs Bill—known as SB 2814—was introduced in the Illinois state General Assembly, after passing the House Energy Committee by a 9–1 vote.

Exelon claims the bill would save and create tens of thousands of jobs, double energy efficiency programs to create $4 billion in energy savings, accelerate the development of renewable energy, and provide more than $1 billion in low-income programs—all while preserving competitive rates and preventing cost increases that would come from plant closures.

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