Monday, January 29, 2018

Dominion Energy's nonprofit arm presents grant to combat homelessness > Columbia Business Report

Dominion Energy's nonprofit arm presents grant to combat homelessness > Columbia Business Report: "The Brookland Foundation, a community-based nonprofit serving the Columbia area, has received a $10,000 grant from the Dominion Energy Charitable Foundation to help fund its homeless outreach program, Project Open Arms.

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Dominion Energy's nonprofit arm presents grant to combat homelessness > Columbia Business Report

Dominion Energy's nonprofit arm presents grant to combat homelessness > Columbia Business Report: "The Brookland Foundation, a community-based nonprofit serving the Columbia area, has received a $10,000 grant from the Dominion Energy Charitable Foundation to help fund its homeless outreach program, Project Open Arms.

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Friday, January 26, 2018

People on leased land around the lakes concerned about possible Santee Cooper sale | WCBD News 2

People on leased land around the lakes concerned about possible Santee Cooper sale | WCBD News 2: "Talk of a possible sale of Santee Cooper has a number of folks concerned. Barry Currie has lived on leased land in Thornley Forest for 18 years. “Well I’ve been worried about it. I’m sure everybody out here is. If they sell Santee Cooper that means me along with everybody else, that puts us in limbo.”

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Powerful SC business group not backing lawmakers’ plan to repeal Base Load Review Act | The State

Powerful SC business group not backing lawmakers’ plan to repeal Base Load Review Act | The State: "Repeal, along with another House bill that could force SCE&G to refund some of the $1.8 billion it already has collected from customers, “would contribute to an already unstable state regulatory environment” and, ultimately, could increase costs for S.C. power customers, Pitts wrote.

“The perception of South Carolina’s regulatory environment as a risky place in which to invest is a threat to jobs and continued growth,” he added."



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Wednesday, January 24, 2018

Blue Ridge Electric CEO receives Order of the Palmetto

Blue Ridge Electric CEO receives Order of the Palmetto: "Greenville resident Charles Dalton, 35-year president and CEO of Blue Ridge Electric Cooperative, has received the Order of the Palmetto, South Carolina's highest civilian honor.

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Santee Cooper to close 3 offices in cost-cutting effort after nuclear failure | Business | postandcourier.com

Santee Cooper to close 3 offices in cost-cutting effort after nuclear failure | Business | postandcourier.com: "The Moncks Corner-based power provider said Monday it’s shuttering three offices along the Grand Strand – in Conway, Garden City and North Myrtle Beach. They’ll be closed by the end of June.

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S.C. governor asks Legislature to end V.C. Summer charges, clashing with Dominion deal | News | aikenstandard.com

S.C. governor asks Legislature to end V.C. Summer charges, clashing with Dominion deal | News | aikenstandard.com: ""Send me a bill that replaces the Base Load Review Act and prevents ratepayers from being charged in the future for the abandoned reactors at V.C. Summer, and I will sign it," McMaster's letter reads. "Send me a bill that continues to place the financial burden of this corporate failure on South Carolina ratepayers, and I will veto it."

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Monday, January 22, 2018

Trump issues 30% tariff on solar imports | Utility Dive

Trump issues 30% tariff on solar imports | Utility Dive: "The Trump administration issued a decision on a high-profile trade case, imposing 30% tariffs on imported crystalline silicon photovoltaic modules and cells. The first 2.5 GW of imports are excluded. The tariffs 
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Moncks Corner residents 'scared' Santee Cooper sale could create a ghost town | News | postandcourier.com

Moncks Corner residents 'scared' Santee Cooper sale could create a ghost town | News | postandcourier.com: "“I think Moncks Corner would end up a ghost town,” said Cribb, himself a former Santee Cooper employee. “You kinda hate to see something happen like this, especially when you’ve got no control over it, when there’s nothing you can do about it.”
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Friday, January 19, 2018

Nuclear fallout: NextEra waits in the wings as Dominion takes center stage in Columbia | Business | postandcourier.com

Nuclear fallout: NextEra waits in the wings as Dominion takes center stage in Columbia | Business | postandcourier.com: "That company is NextEra Energy, and like Dominion, it's a giant in the utility business that sees an opportunity amid the crater of debt left behind by the failed expansion of the V.C. Summer Nuclear Station north of Columbia.

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Tuesday, January 16, 2018

Carolina Water Service Completes Response to Town’s Latest Information Requests for I-20 Plant | carolina water service, inc.

Carolina Water Service Completes Response to Town’s Latest Information Requests for I-20 Plant | carolina water service, inc.:

Although not required for the Town to take ownership, another piece of information the Town has requested from CWS is the Company’s appraisal of the system. This appraisal will be used by the court and a Lexington County jury to determine the fair market value of the I-20 system after the Town takes it over. CWS is agreeing to complete and provide their appraisal early to the Town which will be done in the weeks ahead. “We will provide the most current and accurate appraisal possible to the town which will assure that the residents of Lexington understand the cost and potential use of their tax dollars,” said Matthew Klein, interim president for CWS. “And it will do so while ensuring that CWS is compensated appropriately for the system.”

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Monday, January 15, 2018

SCANA, Dominion, NextEra wage info war over SC nuclear debacle | The State

SCANA, Dominion, NextEra wage info war over SC nuclear debacle | The State: "Three dozen lobbyists have been hired by major utilities to be their eyes, ears and advocates at the State House as lawmakers decide what to do about a failed nuclear project that already has cost S.C. power customers more than $2 billion.

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Saturday, January 13, 2018

Dominion deal for SCANA includes more than 40,000 acres in SC | The State

Dominion deal for SCANA includes more than 40,000 acres in SC | The State: "In Lexington County, leaders are nervous that land along Cayce’s 12th Street, the connector that links the heart of Cayce to Interstate 77 near the Congaree River, won’t be developed as they had anticipated. They also worry that Dominion could sell off SCANA’s Cayce corporate headquarters building and campus, a source of local pride and a cornerstone of future development.

“This isn’t something to be taken lightly,’’ state Sen. Nikki Setzler, D-Lexington, told fellow lawmakers this week."



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Friday, January 12, 2018

Dominion-SCANA proposal shows shareholder gains, few ratepayer benefits, analysts say | Utility Dive

Dominion-SCANA proposal shows shareholder gains, few ratepayer benefits, analysts say | Utility Dive: "Other companies, including NextEra Energy and Duke Energy, have been mentioned as potential acquirers of SCANA, but the $1,000 check Dominion is offering SCANA ratepayers is “so big in an election year that this should seal the deal for Dominion,” Angie Storozynski, a managing director with Macquarie Capital (USA), told Utility Dive via email.

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Thursday, January 11, 2018

After VC Summer, What’s in South Carolina’s Energy Future? | Cover Stories | free-times.com

After VC Summer, What’s in South Carolina’s Energy Future? | Cover Stories | free-times.com: "With the future of nuclear energy in South Carolina apparently entering into stasis, what sources will take the place of the collision of atoms? Will the failure of the V.C. Summer reactors usher South Carolina into an age of renewable energy, or will the state be pushed deeper into dependence on fossil fuels? And could nuclear rise from the grave?

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Regulators: S.C. utilities need to pass savings from tax cuts to customers | Business | postandcourier.com

Regulators: S.C. utilities need to pass savings from tax cuts to customers | Business | postandcourier.com:

The state Public Service Commission voted
to require investor-owned utilities to report how much they're saving
under the tax law signed last month by President Donald Trump. They'll
also have to show how they plan to return the extra money to their
customers.

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Dominion Deal or No, South Carolinians Will Likely Be Paying for Failed Nuke Project for Years | Cover Stories | free-times.com

Dominion Deal or No, South Carolinians Will Likely Be Paying for Failed Nuke Project for Years | Cover Stories | free-times.com:

While some residents might bristle at the idea of continuing to pay
for the failed reactors under the Dominion deal, at this point the
Virginia company’s proposal is at least a seemingly sure bet that
ratepayers would recoup at least some money, and have the number of
years which they will have to pay toward the reactors cut significantly.
What happens with SCANA if the Dominion deal doesn’t go through is
still very much up in the air at the point. There has been speculation
that other companies might make a bid for SCANA, but that hasn’t
materialized yet.

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Tuesday, January 9, 2018

Dominion refund proposal includes money SCE&G customers might already have been entitled to | Business | postandcourier.com

Dominion refund proposal includes money SCE&G customers might already have been entitled to | Business | postandcourier.com: "That's because the refunds are connected to a massive settlement SCE&G signed last summer with Toshiba, the company that was responsible for building a pair of nuclear reactors north of Columbia. SCE&G had promised to pass on the proceeds of that $1.2 billion payment to its ratepayers anyway, even if Dominion had not come along.

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SCE&G customers can’t sue utility over rates in court, attorney argues | The State

SCE&G customers can’t sue utility over rates in court, attorney argues | The State: "Some 35 lawyers were in the court’s audience for most of Monday. They included I.S. Leevy-Johnson, who also represents SCANA, and Nelson Mullins lawyer Dwight Drake, who represents Santee Cooper. Plaintiffs’ attorneys included Ed Bell, former U.S. Attorney Pete Strom, Terry Richardson and Bakari Sellers. Also on hand was a team of attorneys from the S.C. Attorney General’s Office, led by Solicitor General Cook."



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Sunday, January 7, 2018

Purchase of SCANA plus for S.C. | Editorial | thetandd.com

Purchase of SCANA plus for S.C. | Editorial | thetandd.com: "Our hope is the search for “fixes” does not result in political gamesmanship by politicians that will endanger the future of the utility – which at this point appears to be best assured by the merger with Dominion.

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Friday, January 5, 2018

Utility: SCE&G refunds hinge on keeping law - The State, 2018-01-05

Utility: SCE&G refunds hinge on keeping law - The State, 2018-01-05: "State legislators are not ready to endorse the SCANA-Dominion buyout.

Some lawmakers say customers should get more of the money that they have paid for the failed nuclear project than Dominion has offered. Bills addressing that issue are expected to dominate much of the 2018 legislative session.

“At this point, I’m not comfortable asking ratepayers to continue to pay for the project,” said state Rep. Peter McCoy, a Charleston Republican who chairs a committee studying the V.C. Summer project failure. “Everybody in the state was hoodwinked by the utilities.”"



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Westinghouse, Toshiba's Troubled Nuclear Unit, Is Acquired | Business News | US News

Westinghouse, Toshiba's Troubled Nuclear Unit, Is Acquired | Business News | US News: "The acquisition by Brookfield Business Partners LP on Thursday comes one day after an agreement tying up loose ends from two failed nuclear reactors in South Carolina.

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Wednesday, January 3, 2018

Dominion merging with SCANA, offers SCE

Dominion merging with SCANA, offers SCE: "But, in what could be a controversial proposal, those customers still would pay off the debt for two abandoned, unfinished nuclear reactors over the next two decades. SCANA had said they would pay off that debt over the next 60 years.

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