To keep franchise, ComEd must reform, Lightfoot warns

The mayor delivers an ultimatum to the utility’s CEO, but her leverage may be limited.

As reported by the Chicago Sun-Times.

See Mayor Lightfoot's letter to ComEd, posted online here.

Please note that ComEd's parent company, Exelon, is the largest nuclear power utility in the country. In 2016, Exelon received a $2.35 billion bailout, at ratepayer expense, with support from IL House Speaker Michael Madigan. Commonwealth Edison also secured another $750 million, in the form of a rate hike, at ratepayer expense, again with Madigan's support.