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?
The Latest Nuclear Project News
Santee Cooper ratepayers who called for refunds in the aftermath of the utility’s botched effort to expand the V.C. Summer nuclear power plant will have to wait just a few more months. And for many, the money won’t come in the form of a check.
The settlement, which has been in the works for months, will require Santee Cooper and Westinghouse to split the profits from any remaining nuclear equipment that could be used on another construction site.
The planned increase would affect about 722,000 customers of the former South Carolina Electric & Gas.
The scuttled V.C. Summer expansion in Fairfield County is widely considered one of the biggest business failures in the state’s history.
The Ramsey Grove Plantation, a 2,689-acre property on the banks of the Black River, is up for sale because of the alleged misdeeds of its former owner, SCANA Corp.
Steve Byrne, the former vice president of Cayce-based SCANA Corp., pleaded guilty in federal court to defrauding electric customers and lying about construction progress at the V.C. Summer Nuclear Station. He could face 5 years in prison.
The proposed hike is expected to be significant, since the utility could seek to charge customers for up to eight years' worth of unrecovered investments and higher operating costs, dating back to when the utility was known as South Carolina Electric and Gas.
For the third straight time in just over a year, South Carolina regulators have axed a utility's plans for a major rate hike, signaling a new era of scrutiny of power and water monopolies after decades of lax regulation.
The deal, which is being celebrated as the largest investor-related settlement in South Carolina history, stems from the failed V.C. Summer nuclear expansion project in Fairfield County.
The former second-in-command at South Carolina Electric & Gas has agreed to cooperate as a witness in the federal investigation into potential criminal wrongdoing during the failed construction of a $9 billion nuclear power plant.
The former chief operating officer of South Carolina Electric and Gas will plead guilty to defrauding utility customers who paid billions of dollars in high power bills for the unfinished V.C. Summer Nuclear Station expansion project.
The Public Service Commission surprisingly sided with regulators over Dominion Energy in a recent ruling. Could this lead to help saving Charleston trees?
South Carolina lawmakers lack the political momentum necessary to sell Santee Cooper, even after the governor and top lawmakers blamed the state-owned power company for derailing a proposal meant to keep the government functioning in the midst of the coronavirus.
Up to $78 million of the $520 million settlement will go to the law firms that have led the legal fight on behalf of Santee Cooper's customers.
Meet the new utility, same as the old utility...
The utility's 12-member board of directors gave preliminary approval to the hefty settlement that will reimburse Santee Cooper's electric customers and provide a four-year cost freeze for its ratepayers and the state's 20 electric cooperatives, which the utility also supplies with power.
A House committee advanced a bill Thursday that would allow the Legislature to ask NextEra to restructure its bid for Santee Cooper. It would also give lawmakers a chance to reform Santee Cooper, the 86-year-old public water and electric utility.
A panel of state lawmakers vetted 17 other PSC candidates earlier this year, and decided six of them met the qualifications for the utility commission. Lawmakers then voted to reopen the search process last month in order to give themselves a wider pool of candidates to choose from.
With its fate hanging in the balance, Santee Cooper executives came to the Statehouse last week to atone for those mistakes and offer a plan for a new future. But will state leaders trust it again?
The litigation was filed on behalf of investors who put money into Santee Cooper's so-called mini-bonds. Those mini-bonds were sold exclusively to South Carolinians.
Federal authorities on Thursday accused SCANA Corp. and two of its top executives of lying to the public about the V.C. Summer nuclear project, saying it had “repeatedly deceived” investors and regulators by hiding its mounting problems.
A longtime state utility regulator planned to treat himself to a smorgasbord of cross-country travel to hobnob with industry representatives on the ratepayers' dime in his final months in office.
Santee Cooper has reached a tentative legal settlement that could secure cash refunds for customers of the state-run utility and hold off a potential sale of the power provider, The Post and Courier has learned.
At first glance, Florida-based NextEra’s mammoth offer for Santee Cooper includes a whopping $1.1 billion in cash “for the benefit of the state.” But upon closer inspection, the deal shows that money could be swallowed up by long-term liabilities NextEra plans to leave with the state as it privatizes the 86-year-old electric and water utility.
NextEra laid out demands in its offer to buy Santee Cooper, but one part of the deal troubles lawmakers still haunted by the V.C. Summer nuclear plant failure that cost customers billions.
Here are some key questions that South Carolinians might have about the competing bids for Santee Cooper. Do you have other questions for The Post and Courier team?
All of the bids seek to lay out a new future for Santee Cooper and the more than 2 million South Carolinians it supplies with water and electricity, but looming over the entire process is the failed V.C. Summer nuclear project.
The S.C. Legislature is expected to receive several bids in the coming weeks, which will decide the fate of the public utility Santee Cooper.
Dominion Energy, the new owner of S.C. Electric & Gas, agreed to pay $192.5 million to settle investor lawsuits stemming from the failed V.C. Summer nuclear project.
Lawyers for the investor, Samuel R. Floyd III, are seeking class-action status for shareholders in SCE&G’s former owner SCANA Corp.
The lack of a consumer advocate has become apparent enough that some of the state's utility commissioners have repeatedly noted their absence.
When Dominion Energy purchased S.C. Electric & Gas earlier this year, it agreed to take on a sprawling web of lawsuits the South Carolina utility faced as a result of the failed V.C. Summer nuclear project.
The legal bills for Santee Cooper's employees, executives and board members now stands at $1.7 million as several major lawsuits over the failed V.C. Summer nuclear project continue to drag on.
Santee Cooper paid down $360 million in bond debt ahead of the 2020 legislative session when South Carolina lawmakers are set to debate the future of the state-run utility.
A former chief justice of the S.C. Supreme Court is set to take over the remaining state lawsuits surrounding the failed V.C. Summer nuclear project.
The Legislature intends to vote early next year on whether to sell Santee Cooper, hire another company to manage it or keep the utility under state control.
The once-overlooked state panel was thrust into the spotlight in 2017 after South Carolina Electric & Gas abandoned the financially disastrous expansion of the V.C. Summer Nuclear Station.
Santee Cooper officially terminated the contract it initially signed with Westinghouse in 2008. It believes ending that construction contract will end any chance Brookfield had at laying claim to the massive stockpiles of equipment.
South Carolina's utility regulators reversed course on Wednesday, terminating a contract with a consulting firm with deep ties to some of the country's largest power providers.
Hundreds of thousands of former South Carolina Electric & Gas customers are expected to receive payouts totaling $60 million this month as part of a class-action lawsuit settlement over th…
Santee Cooper agreed Wednesday to pay up to $15 million for several consulting firms that are needed to manage bids for the state-run utility.
Santee Cooper is set to hire a new full-time CEO nearly two years after the state-owned utility ceased construction on two unfinished nuclear reactors in South Carolina.
President Donald Trump's administration on Wednesday officially ended a federal plan to curtail carbon emissions from power plants, but the decision is unlikely to change much in South Carolina.
“Westinghouse has no legal claim to this equipment,” an attorney for the state-owned utility said.
COLUMBIA — The South Carolina attorney general has joined a private lawyer in asking a judge to reduce the $63 million other lawyers are asking as their fee for settling a utility lawsuit.
Dominion Energy’s acquisition of South Carolina Electric & Gas this year triggered a $1.4 billion expense for the company — and a quarterly loss.
Attorneys representing South Carolina Electric & Gas ratepayers are demanding “outrageously high” legal fees for their work fighting the power company over its failed nuclear project, acco…
Dominion Energy South Carolina will appear on monthly bills and other correspondence starting Monday.
An investor alleges the state-owned power company and its former CEO violated securities laws by not adequately disclosing the financial risks associated with the V.C. Summer expansion.