Power company: SC nuke reactors will cost more, be finished later due to construction delays

Energy Associated Press

The company that owns a majority stake in new nuclear reactors in South Carolina wants approval to spend more on the project and finish construction later than expected.

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SCANA Corp. CEO Kevin Marsh said Friday he's asked for a hearing before state regulators regarding the V.C. Summer Nuclear Station near Jenkinsville, about 25 miles northwest of Columbia.

Marsh says SCANA and its electric utility component, SCE&G, originally anticipated that it would need to spend around $660 million due to construction delays. Now, Marsh says that number is around $698 million.

SCANA is required to update the Public Service Commission whenever it may miss a major construction milestone by more than 18 months. The company says it anticipates the units will come online in 2019 and 2020.