It is especially important that we are seeing forward momentum this early in session for the two bills above since the House and Senate have yet to begin debate on legislation dealing with failed nuclear facilities at VC Summer. We suspect that will take a lot of time and attention. The House plans to begin debate on legislation dealing with the oversight and regulatory agencies involved with utilities next week.
Finally, as you may know, Dominion Energy announced a plan to acquire SCANA very early in 2018. Dominion Energy’s President and CEO, Tom Farrell, was in Columbia Tuesday and Wednesday meeting with the special committees created in both the House and Senate in the wake of the abandoned VC Summer facilities. This was Farrell’s first opportunity to meet with House and Senate members on Dominion’s potential acquisition of SCANA. The reaction was mixed after the meetings.
There’s a long way to go before the legislature gives their approval of any type of sale and, as always, we will keep you posted on the latest developments.
Have a great weekend!