SPRINGFIELD, Ill.--(BUSINESS WIRE)--
Exelon Generation and ComEd today applauded the Illinois House Energy Committee’s passage of the Future Energy Jobs Bill, noting that the legislation will continue to be refined by policymakers as they move toward the close of veto session in early December.
The current bill creates significant benefits for Illinois consumers, saving and creating tens of thousands of jobs, doubling energy efficiency programs to create $4 billion in energy savings, accelerating the development of renewable energy and providing over $1 billion in low-income programs. The bill also avoids substantial energy cost increases that would result from the loss of at-risk nuclear plants in Illinois.
“We’re grateful to members of the House Energy Committee for their thoughtful consideration and support for the Future Energy Jobs Bill,” said Joe Dominguez, Exelon’s executive vice president, Governmental and Regulatory Affairs and Public Policy. “This legislation will stimulate clean energy investment in Illinois and extend billions of dollars in economic benefits to consumers across the state. We look forward to continuing the conversation with all stakeholders as the bill is refined and moves forward.”
“We’re encouraged by this milestone, which brings us closer to achieving a more secure, clean and affordable energy future for our customers,” said Fidel Marquez, senior vice president, government and external affairs, ComEd. “We have said from the beginning that this is about protecting the environment, preserving and creating good jobs, benefiting our economy and laying the foundation for a next-generation energy grid that benefits consumers. We will continue to work with and respond to stakeholders to achieve passage of this important legislation.”
For more information, visit futureenergyjobsbill.com.
Exelon Corporation (NYSE: EXC) is a Fortune 100 energy company with the largest number of utility customers in the U.S. Exelon does business in 48 states, the District of Columbia and Canada and had 2015 revenue of $34.5 billion. Exelon’s six utilities deliver electricity and natural gas to approximately 10 million customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries. Exelon is one of the largest competitive U.S. power generators, with more than 32,700 megawatts of nuclear, gas, wind, solar and hydroelectric generating capacity comprising one of the nation’s cleanest and lowest-cost power generation fleets. The company’s Constellation business unit provides energy products and services to approximately 2.5 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Follow Exelon on Twitter @Exelon.
Commonwealth Edison Company (ComEd) is a unit of Chicago-based Exelon Corporation (NYSE: EXC), the nation’s leading competitive energy provider, with approximately 10 million customers. ComEd provides service to approximately 3.8 million customers across northern Illinois, or 70 percent of the state’s population. For more information visit ComEd.com, and connect with the company on Facebook, Twitter and YouTube.
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