Judge approves settlement in Santee Cooper lawsuit

Columbia, S.C. (WOLO)–A judge has approved a $520 million settlement in a class action customer lawsuit against Santee Cooper for the increased rates for the failed VC Summer nuclear construction project.
The settlement is expected to provide refunds for nearly all of the utility’s 1.7 million customers..
The deal also requires santee cooper to freeze electric rates for four years.

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