Illinois’ Energy Plan Comes Up Short [Forbes]
Exelon Corporation (EXC)
Last exelon corporation earnings: 2/11 06:50 am
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Source: Forbes
While most people profess a desire to move our electrical grid towards more renewable energy, the government’s resources to incentivize such a thing are not infinite. We need our governments to be judicious in their attempt to transition our economy towards a cleaner future via the subsidies, tax breaks, mandates and rules it sets forth.Unfortunately, the State of Illinois is about to provide an excessive bailout to one of the largest utilities in the U.S. as part of a larger clean energy bill that aims to put Illinois on the path to a carbon emissions-free electric grid by 2045, one of the fastest timelines in the nation. A clean energy grid is an admirable goal, but the cost of this legislation outweighs its supposed benefits.Last week the Illinois House passed what amounts to one of the largest energy policy bills ever enacted by a state legislature. (The Senate passed the bill by one vote shortly thereafter) that sets forth a variety of subsidies for the state’s nuclear plants as
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EXC
News
- ComEd Joins Bronzeville Community to Unveil New Public EV ChargersBusiness Wire
- Exelon Co. (NASDAQ: EXC) had its price target lowered by analysts at Scotiabank from $39.00 to $37.00. They now have a "sector perform" rating on the stock.MarketBeat
- Institutional owners may consider drastic measures as Exelon Corporation's (NASDAQ:EXC) recent US$1.5b drop adds to long-term losses [Yahoo! Finance]Yahoo! Finance
- Gov. Pritzker Joins ComEd to Present G&W Electric with Record High $2.6 Million Rebate for Largest Commercial Solar/Storage Installation in IllinoisBusiness Wire
- Chris Crane, Former CEO of Exelon, Passed Away at 65Business Wire
EXC
Earnings
- 2/21/24 - Beat
EXC
Sec Filings
- 4/19/24 - Form POS
- 4/10/24 - Form SC
- 4/9/24 - Form DEFA14A
- EXC's page on the SEC website