V.C. Summer owners accused of using doomed reactors as 'cash cow'Published: Thursday, September 14, 2017
The latest in a string of lawsuits filed by ratepayers against SCANA Corp. and Santee Cooper accuses the utilities of charging customers higher monthly bills to pay for the construction of nuclear reactors even after the project had become hopelessly inviable. Some $1.7 billion was collected from ratepayers in South Carolina for the V.C. Summer project, which was scrapped on July 31. Well before that date, alleges the suit, the companies knew the reactors would never be built but went on billing customers "fictitious costs" for a "fictitious project." It also references a February 2016 report, commissioned by the utilities and recently made public by South Carolina Gov. Henry McMaster (R), citing basic insufficiencies with planning designs. The suit is one of at least five brought in South Carolina courts against either or both SCANA and Santee Cooper seeking class-action status on behalf of hundreds of thousands of ratepayers (John Monk, Columbia [S.C.] *State* <http://www.thestate.com/news/local/crime/article172899916.html>, Sept. 12 _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
