Top lawyer: Ratepayers 'holding the bag' on nuke project

COLUMBIA, S.C. -- More than 700,000 South Carolina power customers are unfairly "holding the bag," the state's top attorney told regulators Tuesday, obligated to pay over $2 billion in interest debt for a failed nuclear reactor construction project that has never generated any electricity and likely never will.

Attorney General Alan Wilson's testimony came as part of a daylong hearing before the Public Service Commission, which is considering a request to end South Carolina Electric & Gas Co.'s ability to charge its customers for a now-abandoned nuclear power project at the V.C. Summer Nuclear Station.


Read more here: http://www.myrtlebeachonline.com/news/business/national-business/article189335704.html#storylink=cpy

 

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