SC regulators OK new nuclear reactors

By: Associated Press
By: Associated Press

February 11, 2009

COLUMBIA, S.C. (AP) -- South Carolina regulators have unanimously
approved a request by the state's largest private utility to build
two nuclear reactors, meaning higher rates for electricity

The South Carolina Public Service Commission vote Wednesday
gives South Carolina Electric & Gas the right to begin raising
electricity rates next month to help pay for its portion of the $10
billion project.

Protesters shouted at commissioners after the vote, saying they
had sold out South Carolina rate payers.

Opponents said the project was unnecessary and too expensive,
but commissioners agreed with the company that more generating
capacity was needed to meet future demands.

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