Higher Electric User Subsidy for Profitable Corrupt ComEd?

Here is the view of the Illinois Chamber of Commerce from President and CEO Todd Maisch:

Bryon Nuclear Power Plants

Today’s hearing provided a very important opportunity to shed light on some of the questions legislators must consider as Exelon comes back to the General Assembly with hat in hand asking for a second massive bailout in only five years.

As Illinois’ citizens and businesses only begin to recover from the harsh economic realities brought on by the Covid19 pandemic, the last thing ratepayers need is to fund a bailout totalling hundreds of millions of dollars for a profitable company through higher electricity prices.

The Illinois Chamber encourages a release of the redacted audit, and urges legislators to continue asking the important questions, which the Exelon audit and today’s hearing only began to address.

Those questions include:


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