SCE&G backs off plan to charge ratepayers for abandoned nuclear project

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EDITOR’S NOTE: Sheesh. Earlier, I had a headline that said, “Never mind: SCE&G drops request to abandon nuclear project.” That was from a report at thestate.com. That is no longer the operative statement, as Ron Ziegler would say. This is the operative statement:

SCE&G backs off plan that could hit customers for costs of failed nuclear plant

BY SAMMY FRETWELL

SCE&G withdrew plans Tuesday that would have allowed the utility to charge ratepayers extra for a multi-billion dollar nuclear expansion project the company does not intend to complete.

SCE&G’s decision to drop a legal petition to abandon the project effectively delays any electricity bill increases SCE&G customers might have to pay for the twin-reactor project in Fairfield County.

It does not mean the company is seeking to restart the project, but it does give state leaders time to discuss the company’s decision last month to walk away from the construction effort, according to the state Office of Regulatory Staff….

But go read the whole thing.

Still an important story, but not nearly as important as initially reported.

 

2 thoughts on “SCE&G backs off plan to charge ratepayers for abandoned nuclear project”

  1. Richard

    It’s a formality to try and keep their rate increases in place. They have no intention of ever starting up construction, Many of the workers have left the state or found other jobs. They’re trying to sucker the legislature into getting the state involved in paying for this, which they know won’t happen. Deferring the negativity onto the state legislature.

    Reply ↓
    1. Brad Warthen Post author

      Thanks, Richard. Y’all, Richard was reacting to the original version of the report, before Sammy’s version. And as Richard says, never mind on the restarting idea…

      Reply ↓

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