South Carolina House OKs bill they say will keep the lights on. Others worry oversight will be lost [Financial Post (Toronto, Ontario, Canada)]
Dominion Energy, Inc. (D)
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Source: Financial Post
COLUMBIA, S.C. (AP) — A wide-ranging bill backers say will ensure South Carolina has plenty of electric power passed a key vote Wednesday in the House, but opponents complained it would roll back billions of dollars in lessons learned after a proposed nuclear plant never generated a watt of power. The 88-21 vote was almost all along party lines. The bill faces one more routine vote before heading to the Senate. That chamber's leadership supports the idea of assuring future energy flows but is much more skeptical of removing oversight seven years after ratepayers lost billions when a pair of utilities were paid to build two nuclear reactors before they ever started working. Article content Article content The short term goal for supporters of the bill is to make sure private Dominion Energy and state-owned utility Santee Cooper can build a natural-gas fired power plant in the Lowcountry. It allows faster approval of gas pipelines needed for the project. Those efforts got mor
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Earnings
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Sec Filings
- 4/10/24 - Form SC
- 3/25/24 - Form PX14A6G
- 3/22/24 - Form ARS
- D's page on the SEC website