South Carolina power bills to drop up to $22 a month under PSC approval of Dominion-SCANA merger

[TexasTowelie]

COLUMBIA, S.C. -- Don’t count on a $1,000 check, but South Carolina electric customers power bills will likely drop going forward.

Almost 17 months and billions later, South Carolina electric customers enraged by bloated power bills from a failed nuclear project finally could see permanent relief.

But, they will still likely pay $2.26 billion more over the next 20 years for two abandoned reactors.

The S.C. Public Service Commission on Friday granted initial approval to cut SCE&G’s power bills by up to $22 a month for the average residential customer as part of a deal by Virginia-based Dominion Energy to buy out SCE&G’s parent company, SCANA.

Read more: https://www.myrtlebeachonline.com/latest-news/article223058755.html