Bill aimed at keeping local Exelon plants open seeing more support after tweaks are made

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

A bill made in an effort to keep two Quad Cities-area Exelon plants open has garnered support from Illinois Governor Bruce Rauner, after some tweaks were made.

Exelon and environmentalists agreed to scale back on some of the proposed energy legislation, according to a report by Crain's Chicago Business.

In the altered legislation, the ratepayer-funded subsidies would be even cheaper than originally proposed by Exelon, the report said.  The subsidy would last for 10 years.

Read More: Illinois community still struggling nearly two decades after nuclear plant closure

In June, Exelon officials said they planned to close the Quad-Cities Generating Station in 2018 unless the state implements nuclear power subsidies. The plant provides Rock Island County with 900 jobs and a massive property tax income.

Related: Exelon employee won’t give up fight to keep plant open

Initially in the legislation, Commonwealth Edison wanted to start charging customers based on how much power they used at peak-demand times.  Industrial power consumers are happy this is a no-go, because they say their electricity costs would have skyrocketed with that plan.

Along with the tweaks, however, ComEd is reducing the $1 billion it offered in customer education and low-income assistance in the bill.

Also taken out of the bill was controversial language that would have raised energy costs in southern Illinois aimed at keeping a coal-fired power plant open.

Through the compromises, the bill has held onto the existing clean-energy law, which is funding new wind farms and solar projects.

Exelon said an agreement was needed by early December in order for the Quad Cities area plants to remain open.


Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.