The hours are ticking away to the deadline set by the biggest employer in DeWitt County for legislation to help keep their doors open.
Tonight is the deadline for a self-imposed deadline by Exelon for the future of their nuclear power station in Clinton to receive help from the Illinois legislature, or they will be forced to announce the decommissioning of the site.
State Sen. Chapin Rose Tuesday morning said quote - “This is a decision that has far reaching consequences over the next several decades. Losing the jobs in our area is bad enough, but industry analysts have told me that should Clinton close, the market price for power would drastically increase from this year’s price of $72/MW to as much as $225/MW. Such rate increases will be disastrous to downstate Illinois by punishing working families and small businesses.
“As the legislature goes into overtime session, yet again, it is time for the Senate Democrat majorities to quickly finalize negotiations and send this bill over to the House.”
It is unclear at this time how an overtime session might impact Exelon's decision.