Testimony continues in SCE&G rate hearing
Testimony continued Thursday in a hearing to determine how SCE&G can set its rates in the wake of the VC Summer construction shut down.
SCANA
Federal regulators give blessing to SC utility merger plan
A deal to merge troubled South Carolina utility SCANA with Dominion Energy has cleared another hurdle.
Live: Dominion Energy representative on proposed Merger with SCANA
COLUMBIA, SC (WOLO)–The company hoping to merge with SCANA hopes to win over utility customers with a meet and greet. Representatives from Dominion Energy are holding a meet and greet Monday ahead of a proposed merger. The proposed merger comes in the wake of SCANA’s decision to abandon a reactor construction project at the V-C Summer Nuclear facility. ABC Columbia’s…
Judge allows rate cut to stand for failed nuclear plants
COLUMBIA, S.C. (AP) _ A federal judge will allow a 15 percent rate cut to show up on bills of a private South Carolina utility ordered by lawmakers after the company lost billions of dollars on two nuclear plants that were never finished. Judge Michelle Childs ruled Monday that the cut, retroactive to April, can start showing up on South…
Federal Judge says lawsuit over temporary rate cut can proceed
COLUMBIA, S.C. (AP) – A federal judge has refused to end a lawsuit over a temporary rate cut for customers of a private South Carolina utility still paying for two abandoned nuclear reactors. Judge Michelle Childs’ ruling Thursday still leaves open the possibility the 15 percent rate reduction passed by state lawmakers could be halted before it goes on South…
Governor Henry McMaster Reacts to SCANA Executive Departure
COLUMBIA, SC (WOLO)–South Carolina Governor Henry McMaster released the following statement Tuesday, in response to the departure of SCANA executives: “While this decision indicates that SCANA is beginning to fully understand the devastating consequences of abandoning the VC Summer project, any effort to regain the public’s trust starts with no longer charging ratepayers for this failed project, and refunding them the…
Laid off Workers React to Halt of Nuclear Reactor Construction
COLUMBIA, SC (WOLO)– The halt of construction on two nuclear reactors at the VC Summer Plant in Jenkinsville has resulted in the loss of thousands of jobs. Santee Cooper board members voted unanimously to stop working on the nuclear units, that could have produced clean energy in our area. SCANA also decided to halt construction. ABC Columbia news caught up…
McMaster: Nuclear Project To Push Forward, Despite Westinghouse Bankruptcy
NEW YORK, N.Y. – U.S. nuclear power giant, Westinghouse Electric, filed for bankruptcy Wednesday, court records show. The company, owned by Japan’s Toshiba, has been struggling in recent years. Toshiba says acquiring Westinghouse has led to billions of dollars in losses. The chapter 11 filing has been largely expected. Westinghouse is building and engineering two new nuclear reactors for SCANA subsidiary…
