Will SCANA execs get golden parachutes after VC Summer? | The State

Will SCANA execs get golden parachutes after VC Summer? | The State: "A proposal by state Rep. Kirkman Finlay, introduced last week as lawmakers prepare for their January return to Columbia, would prevent SCANA from offering an executive a severance package worth more than the most generous payout to a single fired construction employee."



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Governor says V.C. Summer site should be maintained in case nuke project can be revived | The State

Governor says V.C. Summer site should be maintained in case nuke project can be revived | The State:

McMaster made his remarks less than a week after executives with SCANA, SCE&G’s parent corporation, told state regulators they would stop maintaining the site by year’s end. The company is trying to gain a $2 billion federal tax break that could hinge on whether SCANA formally abandons the project.

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Rivekeeper group threatens lawsiot to force SCE&G to cleanup from Congaree | The State

Rivekeeper group threatens lawsiot to force SCE&G to cleanup from Congaree | The State: "If SCE&G doesn’t dig up the coal tar coating the riverbottom, or make progress toward doing so, the riverkeeper group will sue the utility, the U.S. Army Corps of Engineers and the U.S. Environmental Protection Agency under federal clean water and hazardous waste laws, according to letters written by an environmental legal group representing the riverkeeper.

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The moment that helps explain how South Carolina lost its $9 billion nuclear power bet - P&C

It was July 2016, and SCE&G was asking regulators to sign off on one last electric rate hike, one that would let them lock in the cost of the building a pair of nuclear reactors i

http://www.postandcourier.com/business/the-moment-that-helps-explain-how-south-carolina-lost-its/article_f1f39af4-b834-11e7-b6d3-c77a6c98059c.html?utm_medium=social&utm_source=twitter&utm_campaign=user-share

VC Summer audit raised in Georgia hearings over fate of Vogtle nuclear project | Utility Dive

VC Summer audit raised in Georgia hearings over fate of Vogtle nuclear project | Utility Dive: "A suite of documents related to an audit for the South Carolina VC Summer nuclear facility appeared in regulatory hearings on the fate of the Vogtle nuclear project. Southern Co. officials were repeatedly asked in testimony Tuesday whether the same problems plaguing VC Summer appeared throughout the construction of Vogtle.

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SC regulators: SCANA spent extravagantly on VC Summer nuclear project | The State

SC regulators: SCANA spent extravagantly on VC Summer nuclear project | The State: "Instead, SCANA leaders celebrated the March 2012 issuance of the license by piling into two company planes and flying to retrieve it in person from the U.S. Nuclear Regulatory Commission in Maryland, state regulators told The State this week.

The company listed the $14,000 cost of that trip among its operating expenses for the now-abandoned nuclear project, claiming the expense as justification to raise the electricity rates of its customers."



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South Carolina is considering offers to buy Santee Cooper but no one's sure what it's worth | Business | postandcourier.com

South Carolina is considering offers to buy Santee Cooper but no one's sure what it's worth | Business | postandcourier.com: "The General Assembly and our state's citizens must know the true value of Santee Cooper," Lucas and Leatherman jointly wrote in a letter to the governor, adding that its customers have put money into the utility for most of the last century.

"We cannot allow this investment to be sold at a fire sale price if we firmly believe that is not in South Carolina's best interest," they said.

The governor responded later in the day: "I completely agree with the points of your letter.""



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McMaster picks Columbia lawyer to fill vacant PSC seat | The State

McMaster picks Columbia lawyer to fill vacant PSC seat | The State: "S.C. Gov. Henry McMaster has picked Columbia lawyer Robert Bockman to fill a seat on the Public Service Commission as major issues related to SCE&G’s failed nuclear expansion loom before the regulatory board.

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SC cooperatives open to Santee Cooper sale after V.C. Summer fiasco | The State

SC cooperatives open to Santee Cooper sale after V.C. Summer fiasco | The State: "However, the cooperatives want to know how those utilities’ offers might affect the rates they — and their customers, in turn — are charged for Santee Cooper’s electricity. Some of the utilities might offer to freeze or lower Santee Cooper’s rates as part of a deal, Couick said.

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New SCE&G president wants to restore 'trust and credibility' of embattled utility | Business | postandcourier.com

New SCE&G president wants to restore 'trust and credibility' of embattled utility | Business | postandcourier.com: "Keller Kissam, the incoming president of SCE&G, wants to remind people of another side of the company: the one that continues to power homes and businesses across the state. The 29-year veteran of the Cayce-based utility who earned $1.2 million last year is one of the new faces of the troubled power provider, which abruptly announced leadership changes Tuesday. 

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PSC commissioner quits as nuclear debate boils | The State

PSC commissioner quits as nuclear debate boils | The State: "Friends of the Earth adviser Tom Clements, whose organization has asked the PSC to give ratepayers back their money for the failed nuclear project, said McMaster should fill the vacancy with someone interested in looking out for the public interest. Clements says the PSC has been too willing to side with utilities, particularly on decisions that allowed SCE&G to charge its customers for the reactor project.

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Duke Energy's plan to strengthen South Carolina's energy grid will create jobs, grow the state's economy November 3, 2017

The program – Power/Forward Carolinas – will consist of upgrades that will harden the system against storms and outages, further protect it against cyberattacks and physical threats, help expand renewable energy, generate jobs and stimulate economic growth. It will also give 740,000 customers in the Palmetto State more information to manage their energy use.

DUKE ENERGY NEWS SERVICE

South Carolina AG Alan Wilson says receiver should control money from failed nuclear project | Business | postandcourier.com

South Carolina AG Alan Wilson says receiver should control money from failed nuclear project | Business | postandcourier.com: "Attorney General Alan Wilson's office said he filed his two-page request for a receiver Wednesday in Richland County court, asking a judge to set aside the money the power company takes in each month to pay for the two abandoned reactors at the V.C. Summer Nuclear Station.

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