• Home
  • Illinois News
  • Illinois Politics
  • US Politics
  • US NEWS
  • America First
  • Opinion
  • World News
  • Second Amendment
Monday, June 30, 2025
Illinois Review
  • Login
  • Register
  • Home
  • Illinois News
  • Illinois Politics
  • US Politics
  • US NEWS
  • America First
  • Opinion
  • World News
  • Second Amendment
No Result
View All Result
  • Home
  • Illinois News
  • Illinois Politics
  • US Politics
  • US NEWS
  • America First
  • Opinion
  • World News
  • Second Amendment
No Result
View All Result
Illinois Review
No Result
View All Result
Home Illinois News

Exelon: Guilty Of Cronyism Across State Lines

Illinois Review by Illinois Review
December 1, 2016
in Illinois News
Reading Time: 3 mins read
A A
1
26
SHARES
432
VIEWS
Share on FacebookShare on Twitter

16196398977_2acc644d30_b

You might also like

JB Pritzker Receives 2% in Presidential Poll, Ranks Lowest in Minority Support Among Democrats

Trump’s Jobs Boom Skips Illinois—Thanks to Pritzker’s Tax Hikes

Opinion: We’ll Save You If We See You Burning

Seton Motley at Red State has written about the Illinois Exelon deal and compares it to what's happened in New York and New Jersey. Motley writes that what Exelon is doing in Illinois is also taking place in oh-so-Democrat New York: "The unelected (New York Public Service Commission) PSC will unilaterally raise taxes by $8 billion…(The tax) money will go to plant owner Exelon, a Chicago-based Fortune 100 company with annual revenues of over $34 billion."

Motley continues:

Let us now turn to very-very-Democrat New Jersey: New Jersey Energy Leaders Look to New York’s Nuclear Subsidy: “Ralph Izzo, the chairman and CEO of PSEG, New Jersey’s largest utility which owns much of the nuclear generation in the state, laid out his vision in June for zero emission credits (ZECs) for nuclear power….Shortly after, New York announced it would give upstate reactors $1 billion in ZEC’s over two years to keep struggling upstate plants afloat.”

Get that? Zero emission credits – are government checks cut to the nuclear plants. Democrat New York is poised to cut them – and Democrat New Jersey wants to too. Here’s hoping New Jersey’s Republican governor, Chris Christie, kicks this cronyism to the curb.

But that’s it, right? Two’s the charm? Of course not. Let us now head to so-very-Democrat Illinois. Where we again encounter our old crony Exelon.

Major Illinois Energy Bill Advances with Two Days Left in Session: “Illinois’ sweeping energy bill may become law this week after an amended version was passed by a state House energy committee Tuesday. The bill keeps intact the…subsidy for Exelon’s two financially troubled nuclear plants, which is expected to cost ratepayers up to $235 million a year….The energy bill originated almost two years ago with Exelon’s demand for a subsidy for its plants….”

Crony Exelon asks – and the Democrat Illinois House delivers. And just like in New York, Exelon’s government-money largesse – comes out of the hides of everyday Illinoisans: “The BEST Coalition, a 501(c)(4) organization of companies and others that oppose the nuclear subsidy, released an analysis Monday estimating that the bill would cost Illinois ratepayers a total of $16.4 billion, including $5.3 billion for the nuclear subsidy….”

Get that? The massive Exelon cronyism tally? $8 billion from the Empire State – and another $5.3 billion from the Land of Lincoln (who, I am sure, would be embarrassed by the very notion).

…Thankfully, Illinois has an ultimate out. A backstop similar to New Jersey’s – a Republican Governor. Behold Bruce Rauner. Should this House-passed nonsense pass the Senate – it will arrive on Governor Rauner’s desk.

Here’s hoping the good Governor takes a stand for his constituents, their wallets, and fiscal sanity – and vetoes this mess should it come before him.

Stay tuned…

Related

Tags: Illinois Review
Share10Tweet7
Previous Post

CTU Prez plans to “occupy” Dept. of Education over Trump pick

Next Post

Rauner vetoes $215M deal for Chicago Public Schools, citing broken agreement

Illinois Review

Illinois Review

Recommended For You

JB Pritzker Receives 2% in Presidential Poll, Ranks Lowest in Minority Support Among Democrats

by Illinois Review
June 30, 2025
0
JB Pritzker Receives 2% in Presidential Poll, Ranks Lowest in Minority Support Among Democrats

By Illinois ReviewIn one of the first nationwide hypothetical polls for the 2028 Democratic presidential primary, Illinois Governor and billionaire JB Pritzker ranks at the bottom, receiving the...

Read moreDetails

Trump’s Jobs Boom Skips Illinois—Thanks to Pritzker’s Tax Hikes

by Thomas Mccullagh
June 26, 2025
0
Trump’s Jobs Boom Skips Illinois—Thanks to Pritzker’s Tax Hikes

Illinois is missing out on Trump’s U.S. manufacturing boom. While other states welcome new factories, Pritzker’s tax hikes and regulations keep businesses out—and force longtime employers to leave.

Read moreDetails

Opinion: We’ll Save You If We See You Burning

by Janelle Powell
June 21, 2025
0
Opinion: We’ll Save You If We See You Burning

By Janelle Powell, Opinion ContributorIn a dazzling display of bureaucratic brilliance, the City of Chicago has rolled out a new policy for the Chicago Fire Department that essentially...

Read moreDetails

Caught Off Guard: Pritzker Left Speechless on Women’s Restroom Question Amid Sanctuary City Testimony

by Illinois Review
June 12, 2025
0
Caught Off Guard: Pritzker Left Speechless on Women’s Restroom Question Amid Sanctuary City Testimony

By Illinois ReviewIllinois Gov. JB Pritzker testified Wednesday before the U.S. House Oversight and Government Reform Committee alongside fellow sanctuary city governors – occasionally appearing visibly stunned and...

Read moreDetails

OPINION: Judicial Watch Petitions U.S. Supreme Court Over Illinois Ballot Counting — A Possible Turning Point for Election Integrity

by Janelle Powell
June 6, 2025
0
OPINION: Judicial Watch Petitions U.S. Supreme Court Over Illinois Ballot Counting — A Possible Turning Point for Election Integrity

By Janelle Powell, Opinion ContributorIn what could be a landmark moment for restoring election integrity in Illinois, Judicial Watch has officially petitioned the United States Supreme Court to...

Read moreDetails
Next Post

Rauner vetoes $215M deal for Chicago Public Schools, citing broken agreement

Please login to join discussion

Best Dental Group

Related News

IL Freedom Caucus calls on Lurie Children’s Hospital to cease gender services for kids

October 27, 2022

Beckman: Is the Brigham Young University racial slur controversy another hoax?

October 27, 2022

Salvi polling shows closer race

October 27, 2022

Browse by Category

  • America First
  • Education
  • Faith & Family
  • Foreign Policy
  • Health Care
  • Illinois News
  • Illinois Politics
  • Opinion
  • Science
  • Second Amendment
  • TRENDING
  • US NEWS
  • US Politics
  • World News
Illinois Review

© 2024 llinois Review LLC Editor in Chief Mark Vargas Publisher Thomas McCullagh Chief Counsel Scott Kaspar

Navigate Site

  • Checkout
  • Home
  • Home – mobile
  • Login/Register
  • Login/Register
  • My account
  • My Account-
  • My Account- – mobile

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Illinois News
  • Illinois Politics
  • US Politics
  • Health Care
  • US NEWS
  • America First
  • Opinion
  • TRENDING
  • Education
  • Foreign Policy
  • Second Amendment
  • Faith & Family
  • Science
  • World News

© 2024 llinois Review LLC Editor in Chief Mark Vargas Publisher Thomas McCullagh Chief Counsel Scott Kaspar

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?