“... but at the end of the day, if were not compensated for them well just have to shut them down.” [...] Mr. Crane offered another possible reprieve, should the markets not improve: “It could be long-term contracts (or) we could sell some units.” Such an approach likely would entail the passage of state legislation—a heavy lift after Exelons Commonwealth Edison Co. pushed through the 2011 “smart grid” law and a 2013 amendment that effectively had lawmakers voting twice to hike electricity delivery rates on their constituents.
Posted on: Wed, 20 Nov 2013 00:33:07 +0000
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