(WJBF) – A Federal judge is refusing to end a lawsuit of a temporary rate cut…. for South Carolina Electric and Gas customers
This stems from those two failed nuclear reactors.
SCE&G customers continue to pay for them.
Thursday’s ruling means the 15 percent rate reduction may not make it to customer’s bills next week.
SCE&G claims the state did not follow the law, that permitted them to raise rates to pay for the reactors.
The judge says the utility company has the right to sue.
(AP) – A federal judge in South Carolina is considering whether she’ll grant a power company’s request to keep its customers on the hook for a multibillion-dollar nuclear project failure.
U.S. District Court Judge Michelle Childs presided this week over a hearing in a lawsuit filed by South Carolina Electric & Gas Co. The utility is seeking to stop implementation of a law slashing its rates by 15 percent.
SCE&G says the law ordering the temporary cut is unconstitutional. Media outlets report Childs said Tuesday she’d rule before August 7, the date rate cuts go into effect.
SCE&G and state-owned utility Santee Cooper abandoned the V.C. Summer Nuclear Station project last year following the bankruptcy of contractor Westinghouse. SCE&G ratepayers have already paid more than $2 billion toward the project.
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