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South Carolina regulators approve deal to rescue utility company after multibillion-dollar nuclear c

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 &amp; Gas customers who have already paid more than $2 billion for a pair of nuclear reactors abandoned during construction. (AP Photo/Chuck Burton, File) — 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, … FILE - In this Sept. 21, … more >

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By Associated Press - Friday, December 14, 2018

COLUMBIA, S.C. (AP) - South Carolina regulators approve deal to rescue utility company after multibillion-dollar nuclear construction failure.

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