Offer to buy SCE&G's parent company would still leave customers with part of the bill for failed nuclear reactors
The proposed purchase would need to clear multiple state and federal hurdles
January 4, 2018 at 8:42PM
Virginia-based Dominion Energy offered to buy the embattled SCANA Corp. on Wednesday, days before lawmakers are set to meet in Columbia to discuss a series of pre-filed bills relating to the South Carolina utility's abandonment of the construction of two nuclear reactors last summer. The construction was a partnership between SCANA and state-owned utility Santee Cooper that ended up costing at least $9 billion, before delays and mismanagement sent the utilities packing. SCE&G is a subsidiary of SCANA.