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From 2008 to 2016, SCE&G sought and received nine utility rate hikes to pay for the nuclear expansion. [23] By 2017, SCE&G ratepayers had paid an additional $1.4 billion due to the hikes. [24] A typical SCE&G consumer paid an extra $27 per electricity bill for the expansion, and a typical Santee Cooper consumer paid an extra $6.50. [25]
Under H. 5118, Santee Cooper and Dominion Energy have the same fiscal protections — if the project fails — as did Santee Cooper and SCE&G behind the VC Summer fiasco, according to Moore.
At the same time, SCE&G, which was acquired by Dominion Energy, terminated the federal license to build the plant. Getting a new one for the work could be an extensive process, taking possibly ...
In 1984, SCE&G reorganized as a holding company, SCANA, with SCE&G as its leading subsidiary. In 1997, the company sold Scana Petroleum Resources Inc. for $110 million. [6] In 1999, the company sold its retail propane assets for $86 million. [7] In February 2000, the company acquired Public Service of North Carolina for $673 million. [8] [9]
SCE&G; Dominion Carolina Gas Transmission; Fort Hill Natural Gas Authority; ... Dominion Energy; MDU Resources; Black Hills Energy; Territories. District of Columbia.
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