The latest changes come after discussions with stakeholders, including environmental groups, renewable energy developers, faith-based organizations, consumer advocates, business groups, utilities and community leaders, among others.Since it was first introduced and passed November 16 in a 9 to 1 vote by the Illinois House Energy Committee, changes to the bill include:
- Eliminating the demand based rates provision
- Eliminating the Fixed Resource Adequacy Plan, or FRAP
- Ensuring that the Zero Emissions Standard proposal will preserve Exelon's Illinois nuclear plants for at least 10 years and include even stronger consumer protections
- Revising the scale of the energy efficiency program and giving large industrial energy users the option of managing their own programs to reduce costs
- Reducing the number of proposed microgrids from five to one
- Providing $750 million in funding for low-income programs, which will go toward bill payment assistance and programs that increase access to solar energy, energy efficiency and job training
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.