House Energy Committee Votes to Advance Future Energy Jobs Bill
November 16 2016 - 8:26PM
Business Wire
Vote represents important milestone toward
passage of legislation built via strong coalition of diverse
stakeholders
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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Exelon CorporationPaul AdamsCorporate
Communications410-470-4167paul.adams@constellation.com
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