Current:Home > StocksSouth Carolina House OKs bill they say will keep the lights on. Others worry oversight will be lost -MacroWatch
South Carolina House OKs bill they say will keep the lights on. Others worry oversight will be lost
View
Date:2025-04-24 21:38:45
COLUMBIA, S.C. (AP) — A wide-ranging bill backers say will ensure South Carolina has plenty of electric power passed a key vote Wednesday in the House, but opponents complained it would roll back billions of dollars in lessons learned after a proposed nuclear plant never generated a watt of power.
The 88-21 vote was almost all along party lines. The bill faces one more routine vote before heading to the Senate. That chamber’s leadership supports the idea of assuring future energy flows but is much more skeptical of removing oversight seven years after ratepayers lost billions when a pair of utilities were paid to build two nuclear reactors before they ever started working.
The short term goal for supporters of the bill is to make sure private Dominion Energy and state-owned utility Santee Cooper can build a natural-gas fired power plant in the Lowcountry. It allows faster approval of gas pipelines needed for the project.
Those efforts got more urgent after an unusual cold snap on Christmas Eve in 2022 nearly tapped out the power grid and could have led to rolling blackouts.
“The truth is the enviros lost,” said Republican Rep. Jay West, who has led the bill through the House. “And they are trying to hold our energy security hostage.”
The long term goal is to make sure a state that grew by more than 30% in the past two decades — adding more than 1.4 million people — can keep the lights on in houses and big manufacturers and data farms humming without having to buy power from out of state or depending too much on solar or other greener energy solutions that backers of the bill said are currently unreliable.
Environmental groups said the bill points South Carolina toward energy production for decades through items like natural gas that may soon be surpassed by technological advances. They said it also relies on smaller nuclear plants that are not feasible now.
The Southern Environmental Law Center called it a wish list for the utility industry.
That thought causes some to pause. Nearly 20 years ago, South Carolina overhauled the way regulators look at utilities, allowing them recover costs of building two nuclear reactors at the V.C. Summer plant near Columbia before the work was done.
When construction fell behind, executives of South Carolina Electric & Gas — later bought by Dominion as it faced possible bankruptcy — lied about the progress to keep the money coming. Several were convicted of crimes after the project failed in 2017.
The Senate will carefully consider the bill, especially since it involves both Dominion and Santee Cooper. The bill has to pass that chamber before the session ends in six weeks to have a chance to become law.
“It deserves extra scrutiny. They both deserve that,” Republican Senate Majority Leader Shane Massey said.
The only major sticking point in the House debate Wednesday was part of the bill which reduces the number of regulators on the Public Service Commission from seven to three.
West said reducing the number of commissioners means they can choose the most qualified from a statewide pool and pay them more.
Democratic House Minority Leader Todd Rutherford said reducing the number of commissioners and abandoning choosing who served by congressional districts for geographic diversity means lawmakers and citizens will have less power over the board.
“Just put one person in charge and they can tell us all what we are going to pay for electric rates,” Rutherford said.
The bill also would allow utilities to directly appeal denials of their proposals before regulators to the state Supreme Court and give their testimony more weight than others in disputes before the commission.
veryGood! (7274)
Related
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Rescue teams retrieve hundreds of bodies in Derna, one of the Libyan cities devastated by floods
- Virginia police announce arrest in 1994 cold case using DNA evidence
- Tropical Storm Jova causes dangerous surf and rip currents along coasts of California and Mexico
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Luis Rubiales resigns as Spain's soccer federation president after unwanted World Cup kiss
- Gen. Mark Milley on seeing through the fog of war in Ukraine
- Escaped prisoner Danelo Cavalcante seen driving stolen van, visiting former colleague's house, police say
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Twinkies are sold! J.M. Smucker scoops up Hostess Brands for $5.6 billion
Ranking
- All That You Wanted to Know About She’s All That
- United States takes on Google in biggest tech monopoly trial of 21st century
- One peril facing job-hunters? Being ghosted
- A Montana man who was mauled by a grizzly bear is doing well but has long recovery head, family says
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Colorado deputies who tased a man multiple times are fired following an investigation
- Sheriff in New Mexico’s most populous county rejects governor’s gun ban, calling it unconstitutional
- US already struck by record number of billion-dollar disasters in 2023: NOAA
Recommendation
The Louvre will be renovated and the 'Mona Lisa' will have her own room
Thousands dead in Moroccan earthquake, 22 years since 9/11 attacks: 5 Things podcast
Michigan Catholic group wins zoning fight over display of Stations of the Cross
The New York ethics commission that pursued former Governor Cuomo is unconstitutional, a judge says
Small twin
Indigenous tribes urge federal officials to deny loan request for Superior natural gas plant
North Korea's Kim Jong Un arrives in Russia for presumed meeting with Putin
A new campaign ad from Poland’s ruling party features Germany’s chancellor in unfavorable light