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Future Energy Jobs Bill Already Delivering Job Growth, Economic ImpactFuture Energy Jobs Bill Already Delivering Job Growth, Economic Impact<div><strong>CLINTON AND QUAD CITIES, Ill.</strong> — One week after the Future Energy Jobs Bill was signed into law by Gov. Bruce Rauner, the legislation is already delivering new jobs and economic benefits to the region. Exelon plans to fast track multiple capital projects at the Quad Cities and Clinton nuclear plants to enhance long-term equipment reliability, improve safety and ensure regulatory compliance. </div><div><br></div><div>“Now that it’s been enacted into law, the Future Energy Jobs Bill is already starting to create jobs and economic growth for Illinois families and businesses,” said Bryan Hanson, Exelon Generation’s Chief Nuclear Officer. “These plants are massive economic engines in their local communities, generating approximately $1.2 billion in economic impact each year. That will only increase once we get these large capital projects underway.”</div><div><br></div><div>The Quad Cities project list includes installation of a hardened venting system, plant computer upgrades, and enhancements to the control room simulator, which is used to train reactor operators. The Clinton list includes upgrades to the plant’s main generator, replacement of an auxiliary transformer and upgrades to a pump motor that controls water flow outside the reactor. These projects and others were cancelled or put on hold as Exelon prepared to retire Clinton in June 2017 and Quad Cities the following year. However, under the new law, these projects are back on track.</div><div><br></div><div>Exelon will hire more than 400 permanent employees to assist with the capital projects. These hires are in addition to the more than 3,000 electricians, pipe fitters, welders, laborers and contractors hired each year to perform refueling outages at the plants. Many of these workers come from local union halls. </div><div><br></div><div>“Opponents of the Future Energy Jobs Bill called it a bailout, but that’s a ridiculous argument,” said Rory Washburn, executive director of the Quad Cities area’s Tri City Building Trades Council. “This legislation is already creating good paying jobs for Illinois families and leveling the playing field so our safe and well run nuclear facilities can compete fairly with other subsidized sources of clean energy.”</div><div><br></div><div>The Future Energy Jobs Bill was passed by the Illinois legislature Dec. 1 and was signed by Gov. Rauner on Dec. 7. The measure ensures the continued operations of Clinton and Quad Cities for at least 10 years and protects 4,200 related jobs. The legislation also preserves competitive rates in Illinois, expands energy efficiency programs to drive customer savings, and positions Illinois as a leader in zero-carbon electricity. The bill provides stable, predictable funding for renewable development, providing $180 million per year — growing to $220 million per year — in funding for renewable resources, including new wind power, large-scale solar power, and rooftop and community solar.</div><div><br></div><div>The bill received broad support from more than 200 business, labor, environmental, faith-based and other groups, including the AFL-CIO, IBEW, Chicagoland Chamber of Commerce and Illinois Retail Merchants Association. It also had support from members of the Clean Jobs Coalition, including the Citizens Utility Board, Natural Resources Defense Council, Sierra Club, Environmental Defense Fund and others. </div><div><br></div><div>“The Future Energy Jobs Bill is wonderful news for area businesses,” said Marian Brisard, executive director of the Clinton Area Chamber of Commerce. “Restarting these capital projects will bring new jobs, millions in local purchasing and heavy foot traffic back to area retailers.”</div><div><br></div><div>Along with preserving two of the state’s reliable and efficient nuclear power plants, passage of the bill secures competitive electric rates, protects and creates good-paying jobs, and spurs billions of dollars in investment in clean energy and energy efficiency across the state. It also levels the playing field with solar and wind energy by valuing the zero-carbon energy produced by the nuclear facilities. Ninety percent of the zero-carbon energy produced in Illinois comes from the state’s nuclear facilities. ​​​​</div> 6:00:00 PM
Governor Rauner, Exelon Generation and Comed Reach Accord on Historic Energy Bill Governor Rauner, Exelon Generation and Comed Reach Accord on Historic Energy Bill <div><strong>SPRINGFIELD </strong>— Exelon Generation and ComEd today announced they have reached an agreement with Governor Rauner on the Future Energy Jobs Bill, which has been further enhanced with additional customer protections, based on input from Governor Rauner’s office. The amendment, filed today, provides for an overall cost cap on all measures within the bill that will limit rate increases to all residential and business customers.</div><div><br></div><div>The bill has gained broad support from more than 200 business, labor, environmental, faith-based and other groups, including the Chicagoland Chamber of Commerce and Illinois Retail Merchants Association. It also has support from members of the Clean Jobs Coalition, which includes the Citizens Utility Board, Natural Resources Defense Council, Sierra Club, Environmental Defense Fund and others.</div><div><br></div><div>“We thank and commend Governor Rauner and his professional staff for their focus on increasing robust customer rate protections, while maintaining the many benefits of this bill, including preserving and creating jobs and providing a shot in the arm to Illinois’ economy,” said Joe Dominguez, Exelon’s executive vice president, Governmental and Regulatory Affairs and Public Policy. “We will continue to work with legislative leaders and all policymakers today and tomorrow to enact this urgently needed legislation.”</div><div><br></div><div>“We have worked with many stakeholders including consumer advocates, environmentalists, community leaders, among others to ensure this bill has the best outcome for customers, our economy and our environment and the communities we serve,” said Anne Pramaggiore, president and CEO, ComEd. “We appreciate the strong bipartisan support of members of the General Assembly, the four caucus’ professional staff, the labor unions, members of the Clean Jobs Coalition and other stakeholders who have helped us shape this comprehensive energy package that will bring tremendous value to our state and our customers.”</div><div><br></div><div>“We also want to commend Rob Karr, president and CEO of the Illinois Retail Merchants Association, for negotiating a strong package for his members,” Dominguez said.</div><div><br></div><div>The amendment includes protections that limit the impact of the legislation to all business classes at 1.3 percent compared to their 2015 rates and to cap the impact to residential customers at 25 cents per month for the average ComEd residential customer.  Ameren business and residential customers received similar protections. The amendment already contained cost caps on key components of the legislation, including energy efficiency, the Renewable Portfolio Standard and the Zero Emission Standard. The Senate Energy and Public Utilities Committee held a subject matter hearing on the latest version of the bill earlier today.</div><div><br></div><div>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. 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.</div><div><br></div><div>The revised proposal retains important provisions to preserve 4,200 jobs at Exelon’s Clinton and 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. It also prevents the loss of $1.2 billion in economic activity generated by the plants and an estimated $10 billion in increased costs associated with higher carbon emissions that would occur if the plants close. When all of the economic impacts are calculated, benefits of the legislation far outweigh costs.</div><div><br></div><div>For more information, visit <a href="" target="_blank">​</a>. </div><div><br></div> 8:00:00 PM
Limerick Emergency Siren Test Scheduled for December 5Limerick Emergency Siren Test Scheduled for December 5<p></p><div><strong>POTTSTOWN, PA</strong> — Exelon Generation will conduct its semi-annual, full volume test of the emergency warning sirens surrounding Limerick Generating Station on Monday, December 5, at 2 p.m. This is one of two semi-annual tests scheduled for June and December each year.</div><div><br></div><div>The Limerick emergency warning siren system consists of 165 sirens located in parts of Montgomery, Chester and Berks counties within a 10-mile radius of the plant. The sirens are not a signal to evacuate, but a warning to tune to a local Emergency Alert Broadcast television or radio station. County emergency management authorities activate the sirens, which can be used in the event of any emergency, including severe weather. </div><div><br></div><div>Limerick Generating Station is located approximately 21 miles northwest of Philadelphia. The plant produces enough carbon-free electricity to power two million homes. Join us on Twitter and YouTube.</div><div><br></div> 7:00:00 PM

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Kenneth W. CornewGP0|#fde14288-abab-499f-a00c-4b9efe367a54 L0|#0fde14288-abab-499f-a00c-4b9efe367a54|Exelon Corporate GTSet|#bb697efb-4d63-4298-b4d0-ab279caf3fe8 GP0|#036d7cad-49e3-4a98-8821-efa704301d6d L0|#0036d7cad-49e3-4a98-8821-efa704301d6d|Exelon GenerationSenior Executive Vice President and Chief Commercial Officer, Exelon Corporation; President and CEO, Exelon GenerationKennethCornew<img alt="" src="/leadership-and-governance/executives/PublishingImages/Ken_Cornew.png?RenditionID=11" style="BORDER:0px solid;" /> W. Cornew
Ron DeGregorioGP0|#036d7cad-49e3-4a98-8821-efa704301d6d L0|#0036d7cad-49e3-4a98-8821-efa704301d6d|Exelon Generation GTSet|#bb697efb-4d63-4298-b4d0-ab279caf3fe8Senior Vice President, Exelon Generation; President, Exelon PowerRonDeGregorio<img alt="" src="/leadership-and-governance/executives/PublishingImages/Ron_DeGregorio.png?RenditionID=11" style="BORDER:0px solid;" /> DeGregorio
Bryan HansonGP0|#036d7cad-49e3-4a98-8821-efa704301d6d L0|#0036d7cad-49e3-4a98-8821-efa704301d6d|Exelon Generation GTSet|#bb697efb-4d63-4298-b4d0-ab279caf3fe8Senior Vice President, Exelon Generation, and President and Chief Nuclear Officer, Exelon Nuclear BryanHanson<img alt="" src="/leadership-and-governance/executives/PublishingImages/Bryan_Hanson.png?RenditionID=undefined" style="BORDER:0px solid;" /> Hanson
Michael PacilioGP0|#036d7cad-49e3-4a98-8821-efa704301d6d L0|#0036d7cad-49e3-4a98-8821-efa704301d6d|Exelon Generation GTSet|#bb697efb-4d63-4298-b4d0-ab279caf3fe8Executive Vice President and Chief Operating Officer, Exelon GenerationMichaelPacilio<img alt="" src="/leadership-and-governance/executives/PublishingImages/Mike_Pacilio.png?RenditionID=11" style="BORDER:0px solid;" /> Pacilio