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Exelon Nukes Would Get $698 Million Under Illinois Energy Bill

June 11, 2021, 4:37 PM

A major Illinois energy bill that aims to fully decarbonize the state’s energy sector by 2035 includes more than $700 million in subsidies to coal and nuclear power stations and billions of additional dollars to support renewable-energy provisions.

The anticipated legislation provides $698 million over five years to Exelon Corp. to continue operating its Bryon, Dresden, and Braidwood nuclear stations, which would cost the average residential ratepayer an estimated $0.80 a month, according to a Thursday memorandum from Gov. J.B. Pritzker (D)'s office.

It also would phase out using coal to produce electricity by 2035 and natural gas by 2045 ...

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