Illinois governor set to sign bill to keep Exelon open

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PORT BYRON, Illinois -- The two Exelon plants in the Quad Cities area will be able to carry on, as Governor Bruce Rauner is expected to sign the "Future Jobs Energy Bill."

The bill provides $235 million in subsidies each year to keep Exelon's nuclear power plants in Cordova and Clinton open for at least 13 more years.  In addition to the saved jobs, the bill provides subsidies to green energy, like wind power.

Governor Rauner released a video Wednesday morning on what he hopes the bill will accomplish once it is signed and what bipartisan compromises were made.

"(The bill is designed) to grows jobs, protects tax payers and protects rate payers. The bipartisan compromise we reached accomplishes those goals by putting caps on energy costs," says Governor Rauner.

Rauner will sign the bill at Riverdale High School at 9:30 a.m. on Wednesday, December 7, 2016.  He will also hold a similar bill signing at the Clinton, Illinois High School gym at 2 p.m. Wednesday.