Tuesday, November 16, 2010

SCANA CEO: Nuclear project is running below budget

By Mike Fitts
mfitts@scbiznews.com
Published Nov. 16, 2010

"SCE&G’s demand growth has slowed during the recession, Timmerman said, but it sees it rising back toward its previous growth rate of 2.2% per year.

Timmerman said that once both new reactors are online, SCE&G’s carbon output will have declined more than half. That should insulate the utility from any economic repercussions of climate change regulations, he said"

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