Rauner signed a bill that gave a $2.35 billion subsidy to public utility companies on the backs of rate-payers. 

For Immediate Release

Ives Statement on the Anniversary of the Exelon Bailout

“Governor Rauner did not negotiate a fair deal for us.  Very simply, Governor Rauner is not in charge in Springfield, because he does not take charge, even when he has the chance.”

December 13, 2017 – Gov. Bruce Rauner celebrated the one-year milestone of the Future Energy Jobs Act on Tuesday. Gov. Rauner called the bill landmark bipartisan legislation. State Representative Jeanne Ives issued the following statement in response:

“Governor Rauner signed a bill that gave a $2.35 billion subsidy to public utility companies on the backs of rate-payers.

Crain’s Chicago Business supported that analysis, saying, ‘The proposal is unfair to customers and unnecessary to maintain reliable electricity supplies.’

“There has been no accountability for the bill. Minority communities were promised jobs and job training. We have seen no reports on how many people – if any – have been trained to install solar panels, or on how many jobs have been created. Also, the obscure language of the bill let the utilities net their costs against perceived savings in the whole system to deceive customers into believing they would pay no more than 25 cents a month for improvements.  In reality the charges for the new program – called a zero emission charge on the bill  – are anywhere from $1- $3 on a residential bills, higher for commercial users.

“Additionally, the Governor should have negotiated a claw-back provision into the bill to protect rate-payers in the event that the PJM Markets stepped in to increase their rates to keep nuclear as a base load supplier. According to Crain’s Chicago Business PJM is in the process of doing just that.  I support nuclear power however, Illinois is a net exporter of energy so the effect of the huge subsidy to Exelon was Illinois customers subsidizing the energy costs of out of state consumers of our power generation.

“Governor Rauner did not negotiate a fair deal for us.  Very simply, Governor Rauner is not in charge in Springfield, because he does not take charge, even when he has the chance.”

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For more information, contact Kathleen Murphy 630-329-4680 orkathleenemurphy26@gmail.com.

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