A bundle of V.C. Summer bills meant to protect electric customer - wistv.com - Columbia, South Carolina

A bundle of V.C. Summer bills meant to protect electric customers move forward

Construction site at V.C. Summer Nuclear Generating Station (Source: WIS) Construction site at V.C. Summer Nuclear Generating Station (Source: WIS)
COLUMBIA, SC (WIS) -

A bundle of bills now head to the House floor after passing the House Judiciary Committee unanimously on Tuesday.

The measures are meant to protect electric customers in South Carolina, after SCANA and Santee Cooper abandoned the V.C. Summer nuclear reactors project under construction in Fairfield County in July. 

Here's a breakdown of the legislation making its way through the House: 

  • H.4375 Ratemaking: Requires the utility to pay for debt obligations, interest payments and shutdown costs associated with VC Summer; Halts the 18% rate payment on SCE&G consumers’ bills; and Authorizes the PSC to implement a new interim rate that protects ratepayers by lowering costs and removing all VC Summer fees. This repeals the Base Load Review Act so far as future projects are concerned. 
  • H.4376 Santee Cooper Reform: Ends current Board members’ terms; Creates qualifications similar to updated PSC standards; Requires new or revised electric rates go through the PSC; and Bans abandonment costs from being added to new rates.
  • H.4377 PSC Reform: Ends terms of current Commissioners; removes qualification exemptions and sets new criteria; and Requires Commissioners thoroughly question parties before making a decision
  • H.4378 Creation of Utility Oversight Committee: Replaces the PURC with a new 12-member board comprised of legislative and gubernatorial appointments.
  • H.4379 ORS Reform: Creates a Utilities Consumer Advocate; grants subpoena power to ORS and the Consumer Advocate; and Removes a utility’s financial integrity from ORS’s concerns.
  • H.4380 Ratepayer Refunds: Authorizes the PSC to require SCANA to issue refunds to the ratepayers. 

Meanwhile, a Senate committee is discussing its own similar legislation. 

Copyright 2017 WIS. All rights reserved.

  • Trending StoriesTrending StoriesMore>>

  • Judge accused of abusing, berating defendants

    Judge accused of abusing, berating defendants

    Saturday, April 21 2018 7:20 AM EDT2018-04-21 11:20:28 GMT
    Saturday, April 21 2018 7:30 AM EDT2018-04-21 11:30:55 GMT
    Judge Merrilee Ehrlich has stepped down after being accused of berating defendants. (Source: WSVN/CNN)Judge Merrilee Ehrlich has stepped down after being accused of berating defendants. (Source: WSVN/CNN)

    A judge accused of "aggressive and tyrannical" behavior has stepped down from the bench.

    More >>

    A judge accused of "aggressive and tyrannical" behavior has stepped down from the bench.

    More >>
  • Dwayne 'The Rock' Johnson delights high school girl with prom surprise

    Dwayne 'The Rock' Johnson delights high school girl with prom surprise

    Friday, April 20 2018 5:35 PM EDT2018-04-20 21:35:23 GMT
    Friday, April 20 2018 5:35 PM EDT2018-04-20 21:35:23 GMT
    Katie Kelzenberg invited the Hollywood star to her prom next month. (Source: Vianney Le Caer/AP)Katie Kelzenberg invited the Hollywood star to her prom next month. (Source: Vianney Le Caer/AP)

    Katie Kelzenberg invited the Hollywood star to her prom next month.

    More >>

    Katie Kelzenberg invited the Hollywood star to her prom next month.

    More >>
  • Graphic: 7 arrested after fights break out at high school

    Graphic: 7 arrested after fights break out at high school

    Saturday, April 21 2018 7:20 AM EDT2018-04-21 11:20:51 GMT
    Saturday, April 21 2018 7:44 AM EDT2018-04-21 11:44:31 GMT
    Cell phone video appears to show a student being beaten by classmates. A bystander yells "You're getting killed." (Source: KERO/CNN)Cell phone video appears to show a student being beaten by classmates. A bystander yells "You're getting killed." (Source: KERO/CNN)

    Cell phone video appears to show a student being beaten by classmates. A bystander yells "You're getting killed."

    More >>

    Cell phone video appears to show a student being beaten by classmates. A bystander yells "You're getting killed."

    More >>
  • South Carolina news on WIStv.comNEWSMore>>

  • Israel's Lieberman blames Hamas over Gaza deaths

    Israel's Lieberman blames Hamas over Gaza deaths

    Saturday, April 21 2018 1:44 AM EDT2018-04-21 05:44:10 GMT
    Saturday, April 21 2018 11:35 AM EDT2018-04-21 15:35:03 GMT
    (AP Photo/Adel Hana). Palestinian protesters evacuate a wounded youth during clashes with Israeli troops along Gaza's border with Israel, east of Khan Younis, Gaza Strip, Friday, April 20, 2018. Thousands of Palestinians joined the fourth weekly protes...(AP Photo/Adel Hana). Palestinian protesters evacuate a wounded youth during clashes with Israeli troops along Gaza's border with Israel, east of Khan Younis, Gaza Strip, Friday, April 20, 2018. Thousands of Palestinians joined the fourth weekly protes...

    Gaza health officials say 4 Palestinians, including 15-year-old boy, killed by Israeli army fire as thousands join fourth weekly protests on Gaza border.

    More >>

    Gaza health officials say 4 Palestinians, including 15-year-old boy, killed by Israeli army fire as thousands join fourth weekly protests on Gaza border.

    More >>
  • The Latest: Guests start arriving for Barbara Bush's funeral

    The Latest: Guests start arriving for Barbara Bush's funeral

    Saturday, April 21 2018 10:44 AM EDT2018-04-21 14:44:47 GMT
    Saturday, April 21 2018 11:06 AM EDT2018-04-21 15:06:05 GMT
    (AP Photo/Evan Vucci). Attendees arrive at St. Martin's Episcopal Church for a funeral service for former first lady Barbara Bush, Saturday, April 21, 2018, in Houston.(AP Photo/Evan Vucci). Attendees arrive at St. Martin's Episcopal Church for a funeral service for former first lady Barbara Bush, Saturday, April 21, 2018, in Houston.

    Guests have begun to arrive at St. Martin's Church in Houston for the funeral of former first lady Barbara Bush.

    More >>

    Guests have begun to arrive at St. Martin's Church in Houston for the funeral of former first lady Barbara Bush.

    More >>
  • Jeb Bush to eulogize mother, Barbara, in private service

    Jeb Bush to eulogize mother, Barbara, in private service

    Saturday, April 21 2018 12:04 AM EDT2018-04-21 04:04:04 GMT
    Saturday, April 21 2018 11:05 AM EDT2018-04-21 15:05:51 GMT
    (AP Photo/Evan Vucci). Mourners pause as former U.S. first lady Barbara Bush lies in repose during the visitation of former first lady Barbara Bush at St. Martin's Episcopal Church, Friday, April 20, 2018, in Houston.(AP Photo/Evan Vucci). Mourners pause as former U.S. first lady Barbara Bush lies in repose during the visitation of former first lady Barbara Bush at St. Martin's Episcopal Church, Friday, April 20, 2018, in Houston.

    As the outpouring of tributes continues for Barbara Bush, the general public can pay its respects to the former first lady.

    More >>

    As the outpouring of tributes continues for Barbara Bush, the general public can pay its respects to the former first lady.

    More >>
Powered by Frankly