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Stop the nuclear bailout

https://www.dailyitem.com/opinion/stop-the-nuclear-bailout/article_d3ffd0f4-5818-5336-b02d-153c8cc21c70.html,Tom McCarey,Mar 19, 2019

    The push is on in the Pennsylvania Legislature to bail out the nuclear reactors, Exelon in particular. Apparently, this is the state legislature paying back Exelon for all the campaign money it has given the politicians.

I urge readers to contact their representative, senator, the governor and the state’s Public Utility Commission and demand no nuclear bailout!

Under no circumstances should the nuclear industry in Pennsylvania be bailed out in any amount for any reason.

We are being extorted by Exelon with scare tactics and bullying. Exelon considers Pennsylvania a cash cow, and now they want to milk us even more. Ratepayers have had their electric bills go up wherever state governments have knuckled under to the nuclear lobby and bailed them out. There is no reason the free market can’t sort out the problems Exelon is having.

It is not the ratepayers’ fault that Exelon is losing money on some reactors, it is Exelon’s own fault for bad management. And it’s not the ratepayers’ responsibility to open their wallets to give Exelon the profit they seek.

Pennsylvania already has some of the highest electric rates in the country, courtesy of the PA PUC and the inability or unwillingness of the Legislature to protect the ratepayer. If they allow a bailout of Exelon or any other nuclear company, they will be betraying every ratepayer in the commonwealth.

Sign the petition. Stop the nuclear bailout!

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March 21, 2019 - Posted by | general

1 Comment »

  1. Get out yer yellow vests. For and in Pennsylvania. Sign the petition too

    Comment by Doug | March 21, 2019 | Reply


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