Exec charged in failed SC nuclear project pleads not guilty
COLUMBIA (AP) — A business executive charged in the aftermath of a failed multibillion-dollar project to build two nuclear reactors in South Carolina pleaded not guilty in federal court Tuesday. Jeffrey A. Benjamin was a former senior vice president for Westinghouse Electric Co., the lead contractor to build two new reactors at the V.C. Summer […]
$520 million settlement approved in Santee Cooper lawsuit
COLUMBIA, S.C. (AP) — A South Carolina state judge on Monday approved a $520 million settlement in a customer class action lawsuit against state-owned utility Santee Cooper over increased rates for a failed nuclear construction project. Judge Jean Toal signed off on the deal, which will provide refunds for nearly all of the utility’s 1.7 […]
Judge approves $520M settlement in Santee Cooper lawsuit
A South Carolina judge gave preliminary approval Tuesday to a $520 million settlement that would provide refunds to Santee Cooper Utility customers who were charged increased rates for a failed nuclear construction project. Judge Jean Toal gave an initial approval to the settlement Tuesday, a big first step to ending a long-standing dispute between Santee […]
SC governor wins court fight in Santee Cooper leader dispute
South Carolina Gov. Henry McMaster has the authority to temporarily appoint a new chairman of the board for a state-owned utility without the Legislature’s permission whenever lawmakers aren’t in session, the state Supreme Court ruled Tuesday. McMaster and the state Senate clashed over the governor’s pick of Attorney General Charlie Condon to be chairman of […]
SC Senate sues governor over Santee Cooper chairman
COLUMBIA (AP) The South Carolina Senate is suing the governor over who runs the state-owned utility. The Senate is trying to stop former state Attorney General Charles Condon from taking over as Santee Cooper board chairman because it didn’t vote on the appointment during this year’s session. Gov. Henry McMaster picked Condon in December. Senators […]
South Carolina governor on committee to study utility sale
COLUMBIA (AP) South Carolina Gov. Henry McMaster is stepping up efforts to sell a state-owned utility that was the minority partner in the abandonment of the construction of two nuclear reactors last year. News outlets reported McMaster has appointed himself to a nine-member committee that will study whether South Carolina should sell Santee Cooper, which […]
State-owned utility asks SC Supreme Court about payments
MONCKS CORNER (AP) State-owned utility Santee Cooper is asking the South Carolina Supreme Court to resolve a dispute with electric cooperatives. Santee Cooper asked the Supreme Court on June 25 to determine whether the electric cooperatives must pay their share for a failed nuclear project. SCE&G and Santee Cooper abandoned plans to build two nuclear reactors […]
South Carolina regulators challenge nuclear report secrecy
COLUMBIA (AP) State regulators are questioning South Carolina Electric & Gas Co.’s statement that the utility could not release a report critical of construction of two nuclear reactors because the company planned to use the report to sue the chief contractor. The Office of Regulatory Staff said in a filing May 23 the Bechtel report was […]
Senate panel OKs bills dealing with SC nuke problems
COLUMBIA (AP) With time running out, a South Carolina Senate committee has passed bills that lawmakers say protect ratepayers and fixes the underlying problems that led to abandoning construction on two new nuclear reactors. The Senate Judiciary Committee passed proposals May 1 that would provide an advocate who would work on behalf of ratepayers when […]
South Carolina House passes bill to study Santee Cooper sale
COLUMBIA (AP) The South Carolina House passed another bill dealing with the failed construction of two nuclear plants, this time creating a committee to study the possible sale of state-owned utility Santee Cooper. The proposal, approved on a 104-7 vote, also lets the governor fire the board that runs Santee Cooper, allowing members to remain until replacements […]
State Sen, Hutto says no conflict as lawyer for co-ops
COLUMBIA (AP) A state senator says he has no conflict of interest after being hired by South Carolina’s electric cooperatives to help in a lawsuit against a state-owned utility. Sen. Brad Hutto says he is helping with a suit by the Electric Cooperatives of South Carolina to stop Santee Cooper from charging them any more […]
Virginia utility: South Carolina customers would pay $4B
COLUMBIA (AP) A Virginia utility seeking to buy a South Carolina utility says its customers would pay nearly $4 billion for a failed nuclear project. Media outlets reported state regulators said March 21 the plan by Dominion Energy would require customers of South Carolina Electric & Gas Co. to pay $3.8 billion for the failed reactor […]
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