Independent analysis of the Exelon Bailout Bill (HB 3293 / SB 1585) found that it will cost ComEd customers $2.38 per megawatt hour and Ameren customers and $2.17 per megawatt hour. These costs will be imposed on customers for five years and five months. The bailout will not create any new jobs or sources of power, but will cost the average IL homeowner an additional $125. Exelon made over $2 billion in 2014, and this bailout would increase their revenues by an additional $295 million annually. 

The cost of the Exelon Bailout will hurt Illinois businesses. Use the calculator below to learn how much the bailout will cost your business, or view the table below for average costs to small businesses.

Read the study: A Cost Impact Analysis of the Low Carbon Portfolio Standard

Business Cost Calculator:

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Your Five-Year Bailout Cost: $

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Estimated Bailout Costs for Small Business and Local Government:

Small Business

Annual Consumption (MWh)

1 Year Cost

Total Cost

Independent Grocery Store

1,050

$2,501

$13,548

Independent Hardware Store

700

$1,667

$9,032

Local Tavern

750

$1,787

$9,677

Gas Station/Convenience Store

500

$1,191

$6,452

       

 Local Government

Annual Consumption (MWh)

1 Year Cost

Total Cost

City of Chicago

1,070,000

$2,548,740

$13,806,525

Chicago Public Schools

540,000

$1,286,280

$6,967,779

Chicago Transit Authority

420,000

$1,000,440

$5,419,383

Chicago Housing Authority

53,000

$126,246

$683,875

Metropolitan Water Reclamation District

640,000

$1,524,480

$8,258,108

Cook County Government

259,000

$616,938

$3,341,953

Metropolitan Pier & Exposition Authority

152,000

$362,064

$1,961,301

State of Illinois

530,000

$1,262,460

$6,838,746