Senate Panel Unsure About Utility Refunds; Rate Freezes

COLUMBIA, S.C. (AP) - It looks like South Carolina lawmakers may be split on whether they can force two utilities involved in an abandoned South Carolina nuclear project to refund billions of dollars or stop new rate increases.
    
Both ideas were included in six bills approved Tuesday by the House Judiciary Committee and sent to the House floor when the session begins in January.

Related: Bills to Fix Nuke Problems in SC Head to House Floor
    
But a Senate committee reviewing the two scuttled reactors at the V.C. Summer Nuclear Station appears hesitant to support bills with refunds or rate freezes.

Related: House and Senate May Work  Simultaneously on Competing Tax Bills
    
Several Republicans agreed with Democratic Sen. Brad Hutto who says lawmakers can't get that involved with decisions made by a private company like South Carolina Electric & Gas.
    
SCE&G and state-owned partner Santee Cooper abandoned the project July 31, after spending more than $9 billion.

Related: Lawmakers File Bills Requiring SCANA To Pay Back Ratepayers

© 2017 Associated Press


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