Lawmakers end veto session with vote to keep nuke plants open

From today's Midwest Energy News:

NUCLEAR: The Illinois General Assembly passes a wide-reaching energy bill that will provide financial support for two of Exelon’s struggling nuclear plants as well as increase investments in renewable energy and efficiency. (Southern Illinoisan)

Here is the vote count:

The Illinois State House voted 63-38 in support, and the Senate 32-18, of the Future Energy Jobs Bill (S.B. 2814), and Public Citizen expects Governor Bruce Rauner will sign it into law.

The bill will provide about $235 million annually in total to Exelon's 6 existing nuclear plants through a ten-year contract beginning June 1, 2017 - paid for by consumers -  for a total cash value to Exelon of $2.35 billion.

Legal challenges before the Federal Energy Regulatory Commission (FERC) by opponents to the nuclear bailout in IL are in the offing, as have already been filed against the nuclear bailout in NY.

Stop the Cuomo Tax! No Nuclear Bailout! Event in New York City on Tues., Dec. 6

Action alert from Stop the Cuomo Tax:

Our mission to Stop the Cuomo Tax has always been about protecting the wallets of hard-working New Yorkers. And with Gov. Cuomo’s annual birthday fundraiser just around the corner, now is a perfect opportunity for us to tell him how we feel about his billion dollar bailout plan.

Join us outside the Longacre Theater on December 6. Let’s send a message that this nuclear bailout must be sent back to the drawing board.

Tuesday, 12/6 at 5:30 pm
The Longacre Theatre
220 W 48th St, New York City

RSVP NOW

Gov. Cuomo will be cozying up to wealthy donors, lobbyists, and corporate officers during his annual birthday fundraiser in just a few weeks. And at the very same time, he’s proposing to put a $7.6 billion price hike onto the backs of hard-working New Yorkers who can barely afford their electric bills as is.

Join us on Tuesday, December 6 and say ‘NO’ to the Cuomo Tax. take this opportunity to let him know how we feel.

This is a great opportunity to send a message to the governor, and we can't wait to see you all on Tuesday.

Alex Beauchamp
Stop the Cuomo Tax

SAVE THE DATE

Rauner, Exelon reach deal over nuclear plant subsidies | Midwest Energy News - Thursday, December 1

As reported at Midwest Energy News:

NUCLEAR: Illinois Gov. Bruce Rauner agrees to a deal with Exelon over a major energy bill that would subsidize nuclear plants there. (Quad-City Times)

(Jeffrey Tomich, E&E News reporter, has also reported "Rauner-Exelon agreement clears way for energy bill passage.")

Update on December 1, 2016 by admin

As reported by Utility Dive:

Last-minute amendments slow progress on Exelon Illinois bill as deadline nears