South Carolina Spent $9 Billion on Nuclear Reactors That Will Never Run. Now What?

South Carolina Spent $9 Billion on Nuclear Reactors That Will Never Run. Now What?: "Instead, the fight in the legislature this year will be about whether to curtail additional payments going forward. Needless to say, the utilities are opposed to that idea. They insist they must collect the money, or they won’t be able to continue operating or have access to capital. They aren’t sympathetic actors, but Santee Cooper is state-owned so legislators will have to take its concerns seriously.

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Upstate Forever Adds Members | Greenville Business Magazine

Upstate Forever Adds Members | Greenville Business Magazine: "McCullough currently serves as senior manager, government relations & community for Piedmont Natural Gas, where he oversees legislative, policy, and grassroots activities relating to Piedmont’s operations in South Carolina and Western North Carolina. He is also responsible for local government interaction within Piedmont’s Upstate and Western North Carolina service areas and for coordination of the Company’s community, philanthropic, and economic development efforts.

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Upstate Forever Adds Members | Greenville Business Magazine

Upstate Forever Adds Members | Greenville Business Magazine: "McCullough currently serves as senior manager, government relations & community for Piedmont Natural Gas, where he oversees legislative, policy, and grassroots activities relating to Piedmont’s operations in South Carolina and Western North Carolina. He is also responsible for local government interaction within Piedmont’s Upstate and Western North Carolina service areas and for coordination of the Company’s community, philanthropic, and economic development efforts.

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Georgia Power to finish two nuclear units after PSC vote - Electric Power | Platts News Article & Story

Georgia Power to finish two nuclear units after PSC vote - Electric Power | Platts News Article & Story: "The Georgia Public Service Commission Thursday morning unanimously approved a revised cost and schedule for the project that would bring the units online in 2020 and 2021, four years later than initially scheduled, but curb profits the company could collect.
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Ratepayers at center of dispute over failed nuclear project in SC | The State

Ratepayers at center of dispute over failed nuclear project in SC | The State: "The S.C. Public Service Commission denied SCE&G’s request to throw out a legal case that seeks to eliminate charges customers now pay for the shuttered project. The commission also agreed not to dismiss a case that seeks potentially billions of dollars in customer refunds from SCE&G.

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Electric cooperatives want SC to consider Santee Cooper sale | The State

Electric cooperatives want SC to consider Santee Cooper sale | The State: "An association of South Carolina’s 20 electric cooperatives, which serve 1.5 million S.C. residents in all 46 counties, has asked legislators to form a special committee to accept and evaluate offers for the maligned utility.

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Second round of Santee Cooper employees headed to U.S. Virgin Is - WMBFNews.com, Myrtle Beach/Florence SC, Weather

Second round of Santee Cooper employees headed to U.S. Virgin Is - WMBFNews.com, Myrtle Beach/Florence SC, Weather: "13 employees have volunteered their time and efforts to head to the island of St. Croix bright and early Wednesday morning. Power has been knocked out on the island since Hurricane Maria, about 3 months ago.

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Pacolet Milliken could buy Santee Cooper after nuclear mess | The State

Pacolet Milliken could buy Santee Cooper after nuclear mess | The State: "Greenville-based Pacolet Milliken, a family-owned investment company, is considering a bid to purchase some or all of the state-owned utility – which some S.C. leaders want to sell after its nuclear fiasco.

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Lawyer seeks to halt $87 million of SCANA dividend payments amid questions about its financial health | Business | postandcourier.com

Lawyer seeks to halt $87 million of SCANA dividend payments amid questions about its financial health | Business | postandcourier.com: "Bell’s request raises questions about the company's "fiscal health," just days after SCANA officials said they could be forced to seek bankruptcy protection if regulators punish them too harshly. Regulators are considering how much customers should pay for the company's costly nuclear project, which was canceled in July.

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South Carolina utility watchdog Dukes Scott to retire after failed V.C. Summer project | Business | postandcourier.com

South Carolina utility watchdog Dukes Scott to retire after failed V.C. Summer project | Business | postandcourier.com: "Dukes Scott, the head of the Office of Regulatory Staff, told The Post and Courier he would retire on Jan. 15. Scott’s agency is tasked with overseeing power companies and representing their customers when they ask for rate increases.

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FCC Commissioner, SC native: 'I dissent' to internet neutrality plan - South Carolina Radio Network

FCC Commissioner, SC native: 'I dissent' to internet neutrality plan - South Carolina Radio Network: "“I’m afraid that the direction that we are about to head on December 14 will see only the persons with the largest wallets will be able to have the best access, the best service and the most priority,” Clyburn said.

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Santee Cooper chair will resign, won’t let McMaster fire him | The State

Santee Cooper chair will resign, won’t let McMaster fire him | The State: "“I think we’ll win in court on this, but the day after we win, I’m going to resign,” Leighton Lord told me Tuesday. Challenging the governor’s order is “not about me being on the board. It’s not about me keeping this position. It’s about making sure the law is intact and me going back to private life.”

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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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