COUICK: Best decision made for two nuclear units

By Michael N. Couick, special to Statehouse Report | The consumers’ advocates at the state Office of Regulatory Staff negotiated an important settlement that could have a positive effect on millions of South Carolina electricity users, and we hope the state Public Service Commission will agree.

The agreement was reached between SCE&G and a number of parties, including electric cooperatives, that intervened in an SCE&G request to the PSC about construction contract changes for two nuclear power units being built near Columbia. The agreement grew out of SCE&G’s request for a so-called “fixed price option,” which the utility claimed would provide more cost-certainty for a project that has gone several billion dollars over budget so far.

by · 09/30/2016 · Commentary, My Turn