Wednesday, December 13, 2017

PSC considers cut in utility rates for bungled nuclear plant | The State

PSC considers cut in utility rates for bungled nuclear plant | The State: "“There are real limits to what we can do here without causing the company to become insolvent,’’ SCE&G attorney Belton Zeigler said, noting that the power bill reduction could cost the utility $450 million annually and bring it to the brink of bankruptcy.

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