You can always tell when SCE&G has applied for another rate increase, now the ninth in nine years, as they start putting ads on TV telling their unlucky 700,000 customers how good they are.
Unfortunately, as usual they need a lot more money to complete their nuclear plant, which is already $1 billion over budget. California and Massachusetts are closing nuclear plants because they are too expensive to run, and SCE&G is building one.
We already have some of the most expensive electricity in the country and this “boondoggle” moves forward, as monopolies do, on the backs of customers who are stuck with them.
Imagine how much rates will have to increase when, after it opens, it is too expensive to operate and we have to pay huge rate increases for its closing and removal.
W. R. Lundwall