SC House Advances Bill Cutting Customer Bills Over Failed Nuke Project

Columbia, S.C. (AP, WOLO)–South Carolina lawmakers have advanced a measure aimed at drawing down utility bills in the wake of a nuclear construction project failure that’s already cost ratepayers billions.

The House voted 107-1 Wednesday to give second reading to a bill halting customer payments for the failed project at the V.C. Summer Nuclear Station.

One more procedural vote must take place before the measure goes to the Senate, which has yet to agree to cutting customers’ payments for the shuttered project.

Rep. Peter McCoy has overseen hearings into the project’s failure. He says the bill honors the Senate’s request for time to deliberate over how to fix the debacle but helps ratepayers in the meantime.

Thus far, SCANA Corp. customers have paid $2 billion toward the company’s debt on the project.

Senators addressed the vote this afternoon saying they would not rush into a vote of their own.

Governor Henry McMaster released a statement on today’s vote saying, “”To continue to allow utilities to charge South Carolinians for the failed project at VC Summer when we have the ability to stop it would be a failure on the part of our state’s government. The South Carolina Senate has an opportunity to concur with the House’s proposal that would stop these payments, and I’m proud to join Speaker Lucas and members of the House in urging them to do that immediately.”

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