Exelon Statement on U.S. Supreme Court Decision Upholding State Programs Designed to Preserve Nuclear Energy
CHICAGO--(BUSINESS WIRE)--Apr 15, 2019--Exelon Corporation issued the following statement in response to the U.S. Supreme Court’s decision to reject appeals challenging Zero Emissions Credit programs in Illinois and New York:
“Today our nation’s highest court let stand two appellate court decisions affirming that states have a right to protect their citizens by favoring clean energy -- including nuclear -- over pollution-emitting energy from coal, oil and natural gas power plants. This decision is a win for consumers, policymakers and regulators in states that choose to support the continued operation of nuclear plants as part of efforts to reduce carbon emissions and address the effects of climate change.”
About Exelon Corporation
Exelon Corporation (NYSE: EXC) is a Fortune 100 energy company with the largest number of electricity and natural gas customers in the U.S. Exelon does business in 48 states, the District of Columbia and Canada and had 2018 revenue of $36 billion. Exelon serves approximately 10 million customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries. Exelon is one of the largest competitive U.S. power generators, with more than 32,000 megawatts of nuclear, gas, wind, solar and hydroelectric generating capacity comprising one of the nation’s cleanest and lowest-cost power generation fleets. The company’s Constellation business unit provides energy products and services to approximately 2 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Follow Exelon on Twitter @Exelon.
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CONTACT: Paul Adams
KEYWORD: UNITED STATES NORTH AMERICA DISTRICT OF COLUMBIA ILLINOIS MARYLAND NEW YORK PENNSYLVANIA
INDUSTRY KEYWORD: OTHER CONSUMER ENERGY ALTERNATIVE ENERGY COAL OIL/GAS UTILITIES OTHER ENERGY PUBLIC POLICY/GOVERNMENT COURTS OTHER POLICY ISSUES PUBLIC POLICY STATE/LOCAL URBAN PLANNING ENVIRONMENT NUCLEAR CONSTRUCTION & PROPERTY CONSUMER FAMILY
SOURCE: Exelon Corporation
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PUB: 04/15/2019 02:56 PM/DISC: 04/15/2019 02:56 PM