Exelon Generation and ComEd applauded the House Energy Committee’s passage of a streamlined version of the Future Energy Jobs Bill that will maintain Illinois’ competitive electric rates, preserve and create thousands of jobs and expand clean energy at a cost substantially below 25 cents per month for the average ComEd residential customer. The Committee voted 10 to 1 approve the measure. In addition to lowering costs, the legislation will jumpstart renewable energy development, expand aid and job training to low-income residents and support high-paying jobs.

“We have continued to listen to feedback from all parties and have revised the bill to further reduce costs while still preserving an creating jobs and delivering a much-needed boost to Illinois’ economy,” said Joe Dominguez, Exelon’s executive vice president, Governmental and Regulatory Affairs and Public Policy. “By any objective analysis, the economic benefits of this legislation far outweigh the costs, and will give Illinois a significant advantage in maintain competitive electric rates and competition for clean energy jobs.” The revised proposal retains important provisions to preserve 4,200 jobs at Exelon’s Clinton Quad Cities nuclear plants, support cleaner air, create thousands of new clean energy jobs by advancing renewable energy development and providing businesses flexible options for capturing savings through expanded energy efficiency initiatives. For more information, visit futureenergyjobsbill.com