The Canadys project, slated to hit the grid by mid-2033, is planned for a retired coal plant site. The SC PUC said it “will serve the interests of system economy and reliability.” But critics worry the project will raise customer bills—especially because it lacks a cost cap commitment from the utilities.
And in Michigan, DTE is getting a $1.6B loan from the DOE to upgrade 800 miles of gas mains and service lines. Feds said the upgrades will save Michigan customers $700M…but didn’t specify how long these returns will take.
Molly Glick
Energy Central Team
Tue, Jun 16