Staff reports | House Speaker Jay Lucas today assigned six utility-related bills to the House Judiciary Committee after the bills were introduced during a pre-filing period.
The bills, part of the "Utility Ratepayer Protection Package," follow the summer debacle of the V.C. Summer nuclear facility collapse, an incomplete project abandoned by two utility companies after $9 billion of spending.
One of the six bills includes this language, which refers to an act passed to help utilities pay for construction as it was being built: "The Base Load Review Act was abused, material information was withheld from regulators, and regulators were intentionally misled, all of which contributed to the Public Service Commission approving rate increases that otherwise would not have been approved and which were inconsistent with the intent of the General Assembly and the law of South Carolina."
↧