Exelon, parent company of ComEd
Has announced that it is considering acquiring Illinois Power, a utility based in Decatur. Illinois Power, owned by Dynegy, est à destination financial difficulties that could result in the service interruptions for nearly half of all Illinois counties served by the company.
To make the acquisition viable, lawmakers and policymakers should the merger review and rate issues within six months rather than the 11 months currently permitted. During this review process, all stakeholders are able to present evidence, testimony, expert opinion and participate to ensure that the Illinois Commerce Commission sets fair, equitable and reasonable rates
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