Tuesday, April 6, 2010

Claim: SCE&G overcharging customers for nuclear expansion - Breaking Business - TheState.com

Claim: SCE&G overcharging customers for nuclear expansion - Breaking Business - TheState.com:
- krupon@thestate.com
"A group of large energy users argued Tuesday before the S.C. Supreme Court that SCE&G is overcharging customers by building in a contingency fund for construction of two new nuclear plants in Fairfield County.
Scott Elliott, representing the S.C. Energy Users group of large industrial customers, said the utility is required by law to ask the Public Service Commission for approval of any overages for the $9.8 billion project.
But Belton Zeigler, a Columbia attorney representing South Carolina Electric & Gas, said having a contingency fund is normal in any construction process and having to ask for approval — which could take up to six months — for every overage could severely delay the project"

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