They were paid HOW MUCH?!

As reported by The State in South Carolina, the top three execs at nuclear utility SCANA were compensated to the tune of $2.5 to $6.1 million in 2016 alone. The grand total for the three was $11.2 million.

Under the so-called "leadership" of these three corporate execs, ratepayers were bilked for billions of dollars of rate increases, to build the proposed new reactors at Summer Units 2 & 3.

The cost overruns and schedule delays, combined with those at the Vogtle 3 & 4 new build in GA, led to Westinghouse Nuclear's bankruptcy.

On July 31, SCANA and its partner, SCE&G, pulled the plug on Summer 2 & 3. SC ratepayers were left holding the bag.

Voglte 3 & 4 slog ahead, despite it all.

A federal investigation is now underway, regarding potential criminal wrongdoing at Summer 2 & 3. For example, The State now reports that seven years ago, the SC nuclear utilities knew natural gas was much cheaper than new nuclear, and that Summer 2 & 3's electricity was not even needed in SC. In addition, the utilities contracted Bechtel Corp. to do a study, published 1.5 years ago, showing the severe problems at Summer 2 & 3 -- but the report was kept secret, until very recently, when it was released by SC's governor, as well as obtained by subpeona by the U.S. Attorney in SC.

SCANA being investigated by federal grand jury over failed nuke project

As reported by The State in South Carolina.

AJC: Georgia’s large power users save hundreds of millions on Plant Vogtle charges

Energy justice? Not in Georgia!

As reported by the Atlanta Journal-Constitution, different classes (a most apt term!) of electricity consumers are being charged different amounts, to pay in advance for the proposed new Vogtle 3 & 4 atomic reactors, long before they generate a single kilowatt-hour of electricity, if they ever do.

The article reports:

Georgia Power’s largest commercial customers have gotten breaks worth hundreds of millions of dollars off surcharges to finance the troubled Plant Vogtle nuclear project since 2011, an Atlanta Journal-Constitution analysis shows.

The rest of its customers — homeowners, smaller businesses and government power users such as MARTA and cities — have paid nearly 90 percent of the $1.9 billion collected so far in monthly bills to bankroll the Atlanta utility’s construction of two new nuclear reactors at the plant near Augusta. They will likely use about 70 percent of the plant’s output.

In contrast, Georgia Power’s industrial customers have paid only 12 cents out of every dollar of total Vogtle surcharges, even though they will likely use more than a fourth of the troubled expansion’s power if it is ever completed.

Media coverage of Vogtle 3 & 4 slogging ahead, despite cost overruns, schedule delays

• WABE Atlanta - Nuclear Expansion: Plant Vogtle Final Price Tag Doubles - Molly Samuel
• Wall Street Journal - Georgia Power Wants to Press Ahead With Nuclear Plant Despite Rising Costs - Peg Brickley

Moody’s sour view of Georgia Power’s vow to keep plugging at Plant Vogtle

As reported by the Atlanta Journal-Constitution.