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Senator urges support for Santee Cooper RFP to complete VC Summer reactors; joint resolution S51 filed
Summary
A senator urged colleagues to support Santee Cooper’s request for proposals to private operators to purchase and complete the V.C. Summer nuclear units, argued federal tax credits and loan guarantees make completion feasible, and noted a joint resolution (S51) supporting the effort has bipartisan cosponsors and a pending committee hearing.
A South Carolina senator urged the Senate to back efforts by state utility Santee Cooper to solicit private bids to purchase and complete the two partially constructed V.C. Summer nuclear reactors.
On the floor the senator said the state and customers have already absorbed roughly $8 billion in costs tied to the project and that about $5.7 billion remains in rate base despite no generation from the units. The senator urged the General Assembly to consider supporting Santee Cooper’s RFP process and cosponsored a joint…
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