AARP Calls Out ComEd's 'Shell Game', Calls Senate President to Say No to SB9

 AARP Calls Out ComEd's 'Shell Game', Calls Senate President to Say No to SB9

PR Newswire

SPRINGFIELD, Ill., Feb. 12, 2013

Legislation Just a Tactic to Strengthen ComEd's Grip on Commerce Commission

Statement from AARP Illinois State Director Bob Gallo

SPRINGFIELD, Ill., Feb. 12, 2013 /PRNewswire-USNewswire/ -- "ComEd is at it
again – pushing legislation designed to strengthen its grip on the Illinois
Commerce Commission, deny consumers the money they are owed, and increase
their profits.

ComEd is urging legislators to vote Yes on Senate Bill 9, a follow-up to their
so-called Energy Infrastructure Modernization Act. Like the original bill in
2011, SB9 is not about infrastructure, is not about modernizations, and has
very little to do with actual energy. Even worse, SB9 does not even have
language in it. It is what they call in Springfield a 'shell bill'. We call it
a shell game, designed to trick legislators and consumers by hiding the real
language until it's time to vote for it.

ComEd's real game is to reverse the Commerce Commission's ordered $133 million
rate cut. What ComEd does not want consumers to know is that the ICC order was
based on the law – the very same law ComEd pushed through the General Assembly
in 2011.

ComEd is worried about their bottom line – and that of their parent company,
Exelon. Exelon is suffering from low natural gas prices, a merger that is not
working out as planned, an $870 million tax liability from the IRS, and
accusations of lying to the Nuclear Regulatory Commission. As a result Exelon
is cutting their own annual dividend by 40% to look profitable. SB9 is simply
an attempt by ComEd to pass these troubles along to already burdened
consumers. This is what ComEd's shell game is really about – and the name of
the game is money.

AARP is calling on Senate President John Cullerton to kill SB9 before language
is even attached to it. We are urging our members, and the public, to call our
toll-free utilities hotline, 800-719-3020 and urge their Senators to oppose
the bill."


Contact: Gerardo Cardenas, +1-312-458-3609
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