SPRINGFIELD, Ill. (AP) – An Illinois House committee has endorsed a late-hour compromise on a monstrous energy plan originally designed to keep two unprofitable nuclear plants open. The Energy Committee approved the deal worth hundreds of millions of dollars annually to Exelon Corp. on a 9-1 vote Wednesday night. It’s readied for a House floor…
SPRINGFIELED, Ill. (AP) – An Illinois House committee has endorsed a revised plan to subsidize Illinois nuclear plants. The Energy Committee voted 10-1 to send the legislation to benefit Exelon and two of its Illinois nuclear plants to the House floor. The plan now would provide $235 million a year for Exelon for 13 years…
SPRINGFIELD, Ill. (AP) — A massive forward-looking energy plan pushed by Exelon Corp. and derided as a multibillion-dollar bailout for two unprofitable nuclear plants could land on Illinois legislators’ desks this week. Exelon has been pushing for years for subsidies to reward its nuclear power plants for their production of energy without emitting harmful greenhouse…