Illinois Senate Energy and Public Utilities Committee Holds Hearing on Next Generation Energy Plan to Support State’s Clean Energy Future

Environmental, consumer advocates note progress in discussions and
express openness to a path forward for SB1585

SPRINGFIELD, Ill.–(BUSINESS WIRE)–The Illinois Senate Energy and Public Utilities Committee today held a
hearing on Senate Bill 1585 – the Next Generation Energy Plan
–legislation that would drive Illinois’ clean energy future while saving
and creating jobs and strengthening the state’s economy.

An outgrowth of months of still ongoing discussions between Exelon
Generation, ComEd, and members of the Clean Jobs Coalition, the Next
Generation Energy Plan advances the goals of a host of stakeholders by
delivering clean energy, jumpstarting solar development, nearly doubling
energy efficiency, providing for $1 billion in low-income assistance,
and securing the future of Illinois’ nuclear plants.

Labor leaders, low-income advocates, community leaders, and grid
security experts attended today’s hearing to advocate for the bill,
while key leaders within the Clean Jobs Coalition voiced support for
important aspects of SB1585 and for a path forward for this
comprehensive energy bill for the state.

“After months of sitting at the table with members of the Clean Jobs
Coalition, listening and responding to their interests, I was encouraged
to see our responsiveness and openness acknowledged during today’s
hearing,” said Fidel Marquez, senior vice president, Governmental and
Community Affairs, ComEd. “Ever since SB1585 was filed last month, we
have had productive conversations on the remaining open issues regarding
the state’s Renewable Portfolio Standard, and we remain hopeful this
bill can be passed shortly to drive our state’s clean energy future
while saving and creating clean jobs.”

“Illinois needs a comprehensive energy strategy that will help retain
and grow jobs, contribute to a robust economy, reduce harmful air
emissions and grow renewable energy—while providing funding for those
most in need,” said Sen. Donne Trotter, D-Chicago. “I commend my
colleague Senator Don Harmon, sponsor of the Clean Jobs Bill, for his
leadership toward ensuring the great progress made by all parties has a
path forward in the General Assembly. This bill is the right framework
to help our state build on its clean energy leadership and maintain our
nuclear fleet. I know that there are important issues that are still
unresolved, and I pledge to work with all interested stakeholders to
pass legislation to ensure Illinois’ energy future remains bright.”

“I urge the members of the Illinois General Assembly to take up and pass
the Next Generation Energy Plan before the end of the spring. Thousands
of Illinois workers are counting on you — the General Assembly — to
protect our jobs,” said Michael Carrigan, president, Illinois AFL-CIO.
“The AFL-CIO stands ready to work to pass energy legislation that will
both preserve our energy industry job base in Illinois as well as
position our great state to take advantage of future opportunities for
growth.”

“We thank Senators Trotter, Harmon, and Lightford for their leadership
and efforts to bring diverse interests together to enact legislation
that will support clean energy for Illinois families and businesses,”
said Joe Dominguez, executive vice president, Governmental and
Regulatory Affairs and Public Policy, Exelon. “We also commend the
leadership of Chairperson Hunter, Minority Spokesperson Rezin, and their
committee colleagues for the discussion and debate regarding this
important policy initiative. We support this bill because it ensures
that the Quad Cities and Clinton nuclear power plants, which employ
thousands of highly skilled workers and produce reliable, zero emission
electricity, remain a vital part of Illinois’ economy and communities in
which they operate.”

For more information or to read the testimony, visit www.NextGenerationEnergyPlan.com.

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.

Exelon Corporation (NYSE: EXC), now including the Pepco Holdings
utilities, is the nation’s leading competitive energy provider, with
2015 revenues of approximately $34.5 billion. Headquartered in Chicago,
Exelon does business in 48 states, the District of Columbia and Canada.
Exelon is one of the largest competitive U.S. power generators, with
more than 32,700 megawatts of owned 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 million residential, public sector and business
customers, including more than two-thirds of the Fortune 100. 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.
Follow Exelon on Twitter @Exelon.

Contacts

ComEd
Annette Martinez
312-394-7917
or
Exelon
Generation

Krista Lopykinski
630-657-3602