Friday, February 23, 2018

Co-ops sue Santee Cooper to stop VC Summer nuclear charges | The State

Co-ops sue Santee Cooper to stop VC Summer nuclear charges | The State: "Central, which is run by the co-ops, is on the contractual hook to pay about $2.8 billion of Santee Cooper’s $4 billion in nuclear-related debt. Central, which buys electricity from Santee Cooper and then distributes it to the co-ops, says it shouldn’t have to pay more for two reactors that won’t be finished.

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