Judge buys SCE&G argument
SCE&G executives Kevin Marsh, Stephen Byrne and Jimmy Addison told the PSC their nuclear project was doing well when evidence later showed it was not.
jerrybellune@yahoo.com
A federal judge will allow SC Electric & Gas to go ahead with a lawsuit.
SCE&G is suing state regulators to stop a temporary 15% rate cut for ratepayers still paying $37 …
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Judge buys SCE&G argument
SCE&G executives Kevin Marsh, Stephen Byrne and Jimmy Addison told the PSC their nuclear project was doing well when evidence later showed it was not.
A federal judge will allow SC Electric & Gas to go ahead with a lawsuit.
SCE&G is suing state regulators to stop a temporary 15% rate cut for ratepayers still paying $37 million a month for an abandoned nuclear reactor project.
The utility claims lawmakers did not follow their own 2007 law to allow SEE&G to:
- Raise rates to pay for the two nuclear reactors before any power was generated.
- Keep charging 18% rates to pay off debt even if the project is not finished and may never be.
The Legislature revoked the law this year and passed a temporary rate cut from 17% to 3%.
SCE&G is suing the Public Service Commission which must carry out the revised law, not the legislature which passed it.
Keywords
SCE&G, SCANA, Nuclear Fiasco, Nuke Fiasco Aftermath, jerry bellune
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