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South Carolina utility watchdog questions lobbying, ads

COLUMBIA, S.C. (AP) - South Carolina’s utility watchdog company needs to know the way a lot SCANA Corp. and its proposed suitor, Virginia-based Dominion Energy, are spending on lobbying and promoting.

The Post and Courier of Charleston reported South Carolina’s Office of Regulatory Staff raised the questions as state lawmakers believe whether or not to move together with the $14.6 billion sale.

SCANA’s South Carolina Electric and Gas Co. and the state-owned utility Santee Cooper walked clear of building of 2 nuclear reactors final July.

State lawmakers seem to be cautious of the deal, questioning if the South Carolina utility can discover a higher be offering.

SCE&G; and Santee Cooper most commonly blamed the chapter of lead contractor Westinghouse for the failure of the challenge that had already price greater than $nine billion and was once in the back of scheduled and over price range.

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Information from: The Post and Courier, http://www.postandcourier.com

 

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