This Friday the South Carolina Public Service Commission (SC-PSC) will meet to review, and are expected to approve, Dominion Power’s proposal to buy our local utility SCE&G.
Let’s be really clear, this is a bad deal for our people, and the planet. If the deal is approved, ratepayers will get a small discount (less than $22/month). In exchange, we have to keep paying for the VC Summer nuclear debacle for decades. And the Dominion has already let slip that they plan to expand the Atlantic Coast Pipeline into South Carolina and build a new generation of fracked-gas power plants that will poison our air and climate.
The SC-PSC and Dominion think South Carolina is whipped. After years of fighting the VC Summer plant, paying the highest electricity bills in the country, and living with corporate polluters — they don’t think we’ve got any fight left. They’ve got another thing coming. And this Friday, I’m going to tell them so, with your help.
I’m assembling a crack team of activists and experts from Virginia, North Carolina and South Carolina. We’re going to the hearing Friday to set Dominion and the SC-PSC straight, and speak a little truth to their corporate-power-plan. If you’re in or near Columbia, please join us at 1pm on Friday the 14th.
If you’re impacted by Dominion – as a ratepayer or constituent in Virginia, A North Carolinian battling the Atlantic Coast Pipeline, or a however you know them – Add your name and a comment about why Dominion is bad. We’ll try and read as many of the comments as we can at Friday’s hearing so the Press and public hear your story
Dominion initially offered SC ratepayers a $1,000 refund check, if they were allowed to buy SCE&G, but we would still have had to pay another $2.3 billion over 20 years. That scam was a little obvious ($1,000 back in exchange for $2.3 billion?!). So Dominion changed the deal. Their latest offer is to cut rates by about $22 a month, but it will still require us to pay more than $1,600 each for the reactors before the debt is paid.*
That’s a raw deal for ratepayers. But the deal is even worse for the planet and our climate. If allowed to buy the utility, Dominion is almost certain to expand their Atlantic Coast pipeline – a community and climate-wrecking disaster that is already $1.5 billion over budget and month’s behind schedule – into South Carolina. We’re a state blessed with tremendous potential for solar, wind and offshore renewable energy. Locking in a Dominion-owned fossil fuel projects for decades is like asking many South Carolinians to sign our own death certificate, and then pay for it in monthly installments.
The SC-PSC process has never been very accessible to the public. The last time the public was allowed to comment was in October, before the current deal was even known. Without our consent, the SC-PSC now proposes to force ratepayers to pay billions of dollars to a hostile, out-of-state corporation to wreck our climate, communities and common home.