SC Regulators Deny Appeal Over Nuclear Reactors

Stock quotes in this article: SCG  

Earlier this month, Friends of the Earth filed a request that the commission reconsider its approval, arguing that the law regulators used to approve the project is unconstitutional. In its petition, the group said SCE&G failed to demonstrate a need for the reactors or fully detail their environmental impact.

"The PSC's denial of the Friends of the Earth's petition ... reflects an underlying attitude by the Commission that is tilted in favor of utilities and against rate payers," Friends of the Earth spokesman Tom Clements said in a statement issued after the hearing."

Eric Boomhower, a spokesman for SCE&G, said the company expected the commission's decision would be upheld.

"We demonstrated through a comprehensive public hearing process that the need for new power is real and that our evaluation of generation options was thorough," Boomhower said.

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