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Briefs: SCE&G wants funds reinstated

Nov 16, 2010 12:15:00 AM - thestate.com
S.C. Electric & Gas asked state regulators Monday to reinstate about 40 percent of contingency construction funds for an expansion of its Fairfield County nuclear plant. The funds had been removed under an order from the S.C. Supreme Court. The court ruled in August that the S.C. Public Service Commission erred by including $438 million in contingency construction costs in a rate hike requested by the utility. The rate increase was needed to pay for SCE&G’s portion of expanding the V.C. Summer Nuclear Station, $4.5 billion. The court said SCE&G can recover actual costs but not include money for use in case of cost overruns. SCE&G said Monday it has identified $173.9 million in capital costs that had been classified as contingency costs. Regulators have allowed SCE&G to raise electric rates each year to pay for the plant expansion until the second of two added reactors comes online in 2019.

BI-LO Charities donates $180,000

BI-LO Charities donated more than $180,000 to 31 Midlands and Pee Dee nonprofit organizations Monday. The money will help with children’s needs, education and hunger relief. Funds came from the organization’s annual Charity Classic in June in Greenville.

Lockheed operations being checked

Government officials this week will review Lockheed Martin’s Upstate operations. The result could determine the fate of 1,000 jobs in Greenville County. Government and Lockheed officials confirmed to The Greenville News that the federal agency that supervises defense contractors and the U.S. Navy will be in Greenville to evaluate improvements at Lockheed’s facilities, where deficiencies in aircraft maintenance have been found. A spokeswoman for the Defense Contract Management Agency, the Department of Defense component that works directly with defense suppliers, said a government team of several quality experts was headed to Greenville. A Navy spokesman said it would be “a routine visit.” Lockheed officials said this month that they were eager for the government review and were confident needed improvements have been made to keep — and even increase — the company’s business in Greenville.

USA, South Carolina: (Latest Stories)