US energy utility Exelon has decided to keep its Clinton and Quad Cities nuclear power plants in Illinois (United States) operational for at least another 10 years, as a result of the new Future Energy Jobs Bill adopted by the Illinois governor. The new bill includes a guaranteed cap that energy prices can't rise by more than US$25c per month for the average ComEd residential customer and to all business classes at 1.3% compared with their 2015 rates.
In June 2016, the company announced the early retirement of the nuclear power plants, due to a lack of progress on the Next Generation Energy Plan legislation to be issued by the state of Illinois and expected to support the plant's continued operation. The plants have lost a combined US$800m in the past seven years, despite being two of Exelon's best-performing plants. The 1,065 MW Clinton power plant commissioned in 1987 was due to close on 1 June 2017 while the Quad Cities nuclear plant (two 910 MW reactors commissioned in 1972) would close on 1 June 2018.
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