"In addition to delivering a boost to our economy, this legislation will put Illinois at the forefront of the growing clean energy industry and help businesses keep energy costs affordable," said Melinda Kelly, Executive Director of the Chatham Business Association. "It also advances grid reliability and energy security, which are essential ingredients to a healthy economy.""The Future Energy Jobs Bill brings an innovative set of solutions that deliver benefits to consumers, labor and businesses, while also protecting our environment for future generations," said Omar Duque, President and CEO of the Illinois Hispanic Chamber of Commerce. "This wide array of solutions is a testament to the collaborative effort that has been applied to this legislation over the past two years." In response to stakeholder feedback, the legislation has undergone a number of changes since it was introduced and conditionally passed by a 9 to 1 vote at last week's Illinois House Energy Committee hearing. Though it continues to evolve, the more streamlined bill reduces costs but retains important provisions to jumpstart renewable energy development, preserve the state's nuclear plants, support low-income programs and keep energy rates competitive. "We are encouraged by the strong and growing level of support from interests representing a broad cross-section of our economy," said Joe Dominguez, Exelon's executive vice president, Governmental and Regulatory Affairs and Public Policy. "We will continue to engage with all stakeholders to refine the bill so that we can arrive at the best possible solution for our customers and the state of Illinois." "This is about creating a better future for everyone in Illinois, and that comes through in the daily discussions we are having with business leaders, labor unions, consumer groups, environmental organizations and others who have come forward with their ideas," said Fidel Marquez, senior vice president, government and external affairs, ComEd. "We continue to listen and are making great progress toward delivering creative solutions that will leave our economy and environment strong and healthy for years to come."
The legislation will continue to undergo revisions prior to the start of the Veto session, which begins Nov. 29. 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.