Monday, August 22, 2011

Coastal business | Santee Cooper studies rate increase - Business -

South Carolina’s state-owned electric utility’s board of directors decided Monday to tell its management to study whether current rates will support future expenses. Those expenses include the costs of complying with environmental rules on power generation and the construction of new nuclear reactors at V.C. Summer Nuclear Station near Columbia.
Management is expected to report back to the board in May.

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