Westinghouse and SCANA used unlicensed workers to design abandoned S.C. nuclear reactors
How utilities wine and dine the public officials that set your rates
Two identical nuclear projects, one in Georgia and one in South Carolina. Only one survived.
Insights that would have alerted regulators to problems with the nuclear project were scrubbed from an audit two years ago
Early signs of 'incompetence at every level' went unheeded as South Carolina rushed toward 'sexy' nuclear future
Internal Westinghouse document warned South Carolina nuclear reactor construction was 'at risk' in 2011
Documents show failed South Carolina nuclear project was years and millions of hours away from completion
SCANA CEO Kevin Marsh is at the center of the nuclear project's spectacular failure. Who is he?
Members of SCANA board lack nuclear expertise yet oversaw failed V.C. Summer project while earning a combined $11 million
The Latest Nuclear Project News
In an unprecedented deal, Dominion Energy plans to give South Carolina more than 2,900 acres of land in Aiken, Lexington and Georgetown counties – properties that were long exclusive recreational clubs and retreats for its employees and top executives.
Attorneys for the shareholders called the deal "an excellent result" when weighed against "the uncertainty and risks" of further litigation.
Director Stephen Mudge recused himself from the Santee Cooper CEO search committee because he knows one of the candidates being considered for the position. He was replaced by Dan Ray as the search continues.
W. Keller Kissam was named to succeed Rodney Blevins as president of Dominion Energy's Palmetto State operations.
The pay hikes apply to five senior managers who have taken on more responsibilities over the past 2 years, said CEO Mark Bonsall, whose salary won't change.
ATLANTA — Georgia Power Co. is pushing back the startup date for its two new nuclear reactors near the South Carolina border, saying it's still redoing sloppy construction work and that contra…
A judge sentenced the former SCANA Corp. CEO to two years in federal prison on Oct. 7 for defrauding hundreds of thousands of electric customers across South Carolina. He has already paid back $5 million he earned while leading the failed V.C. Summer nuclear expansion project.
Kevin Marsh will spend at least two years in prison and repay at least $5 million for defrauding electric ratepayers, according to a plea deal that was disclosed earlier this year.
Westinghouse Electric Co. has already provided investigators more than 3 million pages of documents, data and emails related to the V.C. Summer nuclear power plant expansion's sudden collapse, according to an Aug. 30 announcement by federal prosecutors.
Santee Cooper's board approved the metrics they will use to determine how much in bonus pay Mark Bonsall, the utility's president and CEO, and deputy CEO David Duckworth could receive.
A federal grand jury has indicted Jeff Benjamin, a former executive at Westinghouse Electric Co., on multiple fraud charges connected to his involvement in the failed V.C. Summer nuclear power plant expansion project in Fairfield County. He faces up to 20 years in prison.
"Just tone deafness," one lawmaker said of the embattled state-owned utility, which has struggled to mend fences with the Legislature after the V.C. Summer debacle.
"This is new for us, and this is new for them," an executive for the utility said Aug, 12.
Bills for residential customers in the Palmetto State will rise by 1.37 percent effective Sept. 1, or about $1.81 a month for a typical household.
The agreed-upon payout was described as the largest securities class-action recovery obtained in the state at the time it was approved.
At his first meeting as board chairman, former state lawmaker Peter McCoy addressed the need to initiate a succession plan to ensure "stability and continuity" within the utility's senior ranks.
The deal with the state Office of Regulatory Staff and other groups follows six months of private negotiations.
Two of South Carolina's biggest economic development agencies are getting new leadership under appointments that were finalized on June 29.
Mark Bonsall and Charles Duckworth were recruited two years ago to stabilize and overhaul the state-owned utility as it reeled from losses from the failed expansion of the V.C. Summer power plant.
The board will take up the matter less than a week after a sweeping reform bill became law, keeping the Moncks Corner-based power provider under state ownership.
COLUMBIA — Gov. Henry McMaster has signed into law a long-awaited bill to overhaul state-owned utility Santee Cooper, but said he would rather sell off the debt-burdened company.
Westinghouse executive Carl Churchman was at the center of a lie that defrauded South Carolina ratepayers, including customers of SCE&G and Santee Cooper, of millions of dollars, prosecutors say.
South Carolina lawmakers on Tuesday finalized sweeping changes at Santee Cooper, hoping to correct systemic flaws that were discovered within the state-owned electric and water utility after it wasted $4 billion on the failed construction of a nuclear power plant.
The Charleston Republican and former state lawmaker wants to rebuild trust with the embattled utility’s customers and keep electric rates low for the 2 million South Carolinians who rely on its power, even after Santee Cooper’s court-mandated rate freeze ends in 2024.
A former Westinghouse official is pleading guilty in the multi-year criminal investigation of South Carolina’s $9 billion nuclear fiasco.
Carl Churchman, who oversaw the end of the failed expansion of the V.C. Summer nuclear power plant in Fairfield County, has admitted to lying to federal investigators as part of a plea deal that was filed late last week.
An activist hedge fund is pressing the Charlotte utility giant to shrink the seven-state franchise it has built up since opening its first power plant more than 120 years ago in the Palmetto State.
The Virginia-based power giant has agreed to provide more than $99 million in cash and economic development help to Fairfield County.
COLUMBIA — Six of South Carolina's most influential lawmakers will get together soon to see if they can agree on a proposal to overhaul state-owned utility Santee Cooper.
South Carolina lawmakers on May 4 inched closer to enacting structural reforms of Santee Cooper, the state-owned power and water company that lost $4 billion of its ratepayers’ money on a fail…
Mark Bonsall said "these are the things that will actually move the needle" to keep power prices in check.
Mark Bonsall said "these are the things that will actually move the needle" to keep power prices in check.
NextEra sent a letter to the state this week pulling its multi-billion-dollar offer and asking for its $25 million deposit back.
After stints as chairman of the S.C. House's powerful Judiciary Committee and then as U.S. Attorney for South Carolina, Charleston Republican Peter McCoy now is set to serve as Santee Cooper's board chairman, a part-time gig that pays $24,000 a year.
Gov. Henry McMaster plans to tap former U.S. Attorney Peter McCoy to lead South Carolina's embattled state-owned utility Santee Cooper, according to Senate Republican leaders.
Tom Farrell became a frequent figure around the halls of power in Columbia starting in January 2018, when his company proposed one of the largest business deals in South Carolina history.
Former SCANA Corp. chief executive Kevin Marsh will spend at least two years in prison and pay back at least $5 million for defrauding electric ratepayers in South Carolina.
The vote sends the ultimate debate over Santee Cooper’s fate to the S.C. Senate, which has not yet begun substantial discussions about selling the utility this year.
The folks at Dominion Energy obviously can’t take a hint, but apparently they can read a room.
Dominion Energy is fighting state officials over an estimated $442 million tax bill that is allegedly owed for the failed V.C. Summer nuclear project.
Attorneys for environmental groups, large manufacturing companies and two state agencies are currently in the process of picking apart the rate hike request from Dominion, which took over S.C. Electric & Gas last year.
Santee Cooper’s defenders in the South Carolina Senate went on the offensive Thursday, offering a preview of next year’s contentious debate in the Statehouse over whether to sell the embattled…
A homebuilder buys another piece of the 2,000-acre Wildcat Tract, where 5,700 homes could one day be built in Berkeley County.
The proposed deal involves investors in "mini bonds" the state-owned utility issued before the V.C. Summer expansion collapsed.
The investigation into the V.C. Summer nuclear plant expansion remains ongoing, even after former SCANA CEO Kevin Marsh and Chief Operating Officer Steve Byrne pleaded guilty to defrauding South Carolina ratepayers.
The former CEO of SCANA Corp. has agreed to plead guilty to federal fraud charges stemming from the Cayce-based power company's failed management of a $9 billion nuclear plant construction project.
South Carolina's governor wants Dominion Energy to withdraw its request to collect an extra $178 million per year from its power customers in the state.
The refund checks are the result of a class-action lawsuit that was filed after Santee Cooper, South Carolina's state-run utility, chose to end construction on two unfinished nuclear reactors in Fairfield County in July 2017.
So, the South Carolina Public Service Commission invited Dominion Energy customers to tee off on the utility’s proposed rate increase last week.
Santee Cooper is in hot water with the General Assembly again, this time over allegations the utility misled top lawmakers over its plans to enter a $638 million debt deal.
NextEra, which is based in Florida and is worth more than $145 billion on Wall Street, hasn't gone away. It continues to wait in the wings to see if it can claim ownership of Santee Cooper and the utility's ratepayers in South Carolina.