By Frank Knapp, special to Statehouse Report | It’s good news for consumers that a federal judge last week ruled the state Public Service Commission (PSC) can temporarily reduce utility rates by 15 percent by S.C. Electric & Gas Company ratepayers following the failed construction of nuclear plants in Fairfield County.
But that ruling isn’t as important as what happens next — the legislatively-mandated ruling by the PSC in December about any permanent rollback of SCE&G’s rates, a ruling that has consequences for its suitor, Dominion Energy.
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MY TURN, Knapp: Dominion’s ad campaign clouds coming PSC decision
By Frank Knapp, special to Statehouse Report | It’s good news for consumers that a federal judge last week ruled the state Public Service Commission (PSC) can temporarily reduce utility rates by 15 percent by S.C. Electric & Gas Company ratepayers following the failed construction of nuclear plants in Fairfield County.
But that ruling isn’t as important as what happens next — the legislatively-mandated ruling by the PSC in December about any permanent rollback of SCE&G’s rates, a ruling that has consequences for its suitor, Dominion Energy.