The Office of Regulatory Staff has recommended the Public Service Commission stop ratepayer gouging.
ORS officials said SC Electric & Gas should not be allowed to charge 727,000 ratepayers …
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The Office of Regulatory Staff has recommended the Public Service Commission stop ratepayer gouging.
ORS officials said SC Electric & Gas should not be allowed to charge 727,000 ratepayers billions of dollars over decades for the two nuclear plants that will never produce any electricity.
The ORS also said it does not oppose the sale of SCE&G to Dominion Energy subject to certain performance standards and conditions.
The ORS testimony provides the Commission with data and evidence supporting the ORS recommendations regarding SCE&G’s mismanagement.
In particular, it shows SCE&G should have abandoned the nuclear construction in 2015 when the company knew construction was delayed for years and would cost billions more than it was telling the Public Service Commission.
The ORS recommended that SCE&G should not be able to recover certain costs. To support its recommendations, the ORS staff and its experts reviewed more than 2.4 million pages of documents and financial records. ORS also sought and obtained the opinions of industry experts. Their testimony and reports will be presented to the Commission during the contested hearing in November.
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