SPRINGFIELD, Ill. — Gov. Pat Quinn says he wants to review a remarkable $500 million offer from ComEd.
The power company is offering to give Illinois $500 million to help fill the state’s massive budget deficit in exchange for guaranteed future profits on electrical rates.
Quinn said Wednesday he doubts such a complicated proposal can be done before the spring legislative session wraps up this week.
But the Chicago Democrat did not reject the idea and says he wants to go over it with a microscope.
Consumer advocates criticize the proposal as bad for ComEd customers.
