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.
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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.