Regulators won't dismiss move against South Carolina utility

COLUMBIA, S.C. (AP) -- State utility regulators have refused to dismiss a request that could lower rates for South Carolina Electric & Gas Co. customers after the company abandoned plans for two nuclear reactors.

The Public Service Commission on Wednesday refused to dismiss two cases against SCANA Corp, parent company of SCE&G, news outlets reported.

Wednesday's decision means regulators could stop SCE&G from continuing to charge ratepayers for the reactors at the V.C. Summer Nuclear Station in Fairfield County that the company and the state-owned utility Santee Cooper abandoned July 31. Typical SCE&G customers are paying $27 a month for the project.

The Public Service Commission has combined the request from the Office of Regulatory Staff to stop SCE&G from continuing to charge customers for the project with another proposal that would require SCE&G to refund about $1.8 billion collected since 2009.

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