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Dominion threatens to leave SCE&G deal if South Carolina lawmakers cut rates
Utility Dive: Lawmakers in South Carolina are intent on passing a rate cut, but if they reach an agreement will it be good for customers? Dominion has offered to cut customer bills by about $10 per month and is offering refunds of about $1,000. Lawmakers are considering cutting the entire nuclear charge from monthly bills or some significant portion of it.
Dominion CEO Tom Farrell said in a statement that "If the Legislature intervenes and enacts policy into law, such as amended S. 954, this materially changes the grounds for Dominion Energy’s proposal.”
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