Lawmakers are still working on a solution after a failed nuclear project near the Midlands cost utility customers billions of dollars. But lawmakers still don’t have a plan to fix the problems.
Representative Kirkman Finlay from Richland County says fixing the problem is going to take time. “This is going to be challenged but we need to do the best we can with the constraints out there legally or otherwise to get ratepayers as much money back as possible.”
SCE&G customers are paying an extra 18% on their bills because of a failed nuclear project. For some the increase was too much to handle.
“People could not pay their electric bill and their medications too and it became worst each year with rate increases,” said Pamela Greenlaw, an SCE&G customer.
So lawmakers are working to offer customer relief on those high bills.
The House is proposing a full reduction of the 18%, which the utility company fears will lead the business to bankruptcy.
The Senate on the other hand is trying to tread lightly. Lawmakers there want to reduce rates by 13% leaving customers still paying an extra 5% on their bills.
“You want to offer customers relief but you don’t want to take it to a point where you can’t defend it because if you can’t defend it then the customers aren’t going to get any relief,” explained Senator Shane Massey.
The joint conference committee will meet again at the end of June. They’re hoping to have a more concrete plan to pass at that time.