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
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.
A new committee could advocate for the state to break up the electric utilities into two distinct groups: companies that own power plants and others that manage the lines that transport electricity to people's homes and businesses. Legislators will also review the idea of giving every power customer in the state the ability to choose which company they buy electricity from.
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.