Area Business Associations Say Future Energy Jobs Bill Will Support Growth In Small Businesses

On Small Business Saturday -- as shoppers focus their dollars on area businesses that are the economic life blood of neighborhoods -- local business associations and chambers of commerce are supporting the benefits the Future Energy Jobs bill will bring to their small business members.

Area associations, including the Chatham Business Association, the Cosmopolitan Chamber of Commerce, the Clinton Area Chamber of Commerce & Tourism Bureau, Illinois Hispanic Chamber of Commerce, Illinois Retail Merchants Association, Illinois Municipal League, Quad Cities Chamber of Commerce and Rockford Chamber of Commerce, say the benefits proposed by Exelon Generation and ComEd will strengthen the economy, save and create good-paying jobs, retain Illinois' historically low energy rates and ensure the state maintains its competitive economic advantage.

The legislation is the product of collaboration among diverse stakeholders, including environmental groups, renewable energy developers, faith-based organizations, consumer advocates, labor, business groups, utilities and community leaders. Among other benefits, the bill will preserve 4,200 jobs associated with Exelon's Quad Cities and Clinton nuclear plants, preserve $1.2 billion in economic activity, create tens of thousands of new jobs associated with renewable energy development and energy efficiency and avoid higher energy costs that would result if nuclear plants were to close.

"In addition to delivering a boost to our economy, this legislation creates the potential for investments in renewable energy, energy efficiency, microgrids, new business growth opportunities and thousands of new jobs, putting Illinois at the forefront of the growing clean energy industry. The Chatham Business Association will make a concerted effort to create and expand existing business opportunities that prepare underserved communities for the economic potential of this new energy future, and maximize investment in priority communities," said Melinda Kelly, Executive Director of the Chatham Business Association. "It also helps businesses keep energy costs affordable, advances grid reliability and energy security, which are essential ingredients to a healthy economy."

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