South Carolina regulators face billion-dollar decisions [FOX Business Network]
SCANA (SCG)
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Source: FOX Business Network
Image 1 of 2 ? FILE - In this Sept. 21, 2016, file photo, V.C. Summer Nuclear Station's unit two's turbine is under construction near Jenkinsville, S.C., during a media tour of the facility. The Public Service Commission will determine at a meeting on Friday, Dec. 14, 2018 how much to cut rates for 737,000 South Carolina Electric & Gas customers who have already paid more than $2 billion for a pair of nuclear reactors abandoned during construction. (AP Photo/Chuck Burton, File) South Carolina regulators have a couple of billion-dollar decisions to make on Friday. Continue Reading Below The Public Service Commission will determine how much to cut rates for 737,000 South Carolina Electric & Gas customers who have already paid more than $2 billion for a pair of nuclear reactors abandoned during construction, and whether to approve a roughly $15 billion cash and stock bid from Virginia-based Dominion Energy to buy SCE&G's parent company SCANA Corp. It's a pivo
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