Delay to cost $10B S.C. reactor project an extra $200M

08/8/2013 | Charlotte Observer (N.C.), The

The cost of building South Carolina Electric & Gas Co.'s two nuclear plants in South Carolina remains within budget despite component delays that will cost an additional $200 million, according to the utility. The project is worth an estimated $10 billion. The first reactor was to open in March 2017, but that has been pushed back to the end of 2017 or early 2018. However, "the date still falls within an 18-month contingency that the utility is allowed," said Steve Byrne, SCE&G's chief operating officer and president of generation and transmission.

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Charlotte Observer (N.C.), The

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