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SCE&G customers may get reprieve from paying for failed nuke plant – at least temporarily

By Andrew Brown and Jamie Lovegrove abrown@postandcourier.com jlovegrove@postandcourier.com

    Jan 30, 2018 , COLUMBIA — A compromise being considered by state lawmakers would temporarily halt nuclear-related payments to SCANA until regulators and the state’s courts decide who should pay for the cancelled reactors at V.C. Summer.

The South Carolina House is set to amend legislation that would roll back the 2007 law that put in motion the eventual $9 billion construction failure in Fairfield County, according to three sources familiar with the amendment.

House leaders briefed the Republican and Democratic caucuses about the amendment Tuesday afternoon. The measure could be brought up for a vote as early as Wednesday. …….https://www.postandcourier.com/business/s-c-house-plans-to-suspend-nuclear-payments-to-scana/article_9fa23698-05e6-11e8-a13e-03634560ece0.html

January 31, 2018 - Posted by | politics, USA

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