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South Carolina Electric and Gas Company as Itself and Acting as Agent for the South Carolina Public Service Company (Also Referred to as Santee Cooper) Acceptance for Docketing of an Application for Combined License for Virgil C. Summer Nuclear Station Units 2 and 3

South Carolina regulators have unanimously approved a request by the state's largest utility, South Carolina Electric & Gas (SCE&G), to join with a state-owned utility to build two nuclear reactors. The South Carolina Public Service Commission vote on Wednesday gave South Carolina Electric & Gas the right to begin raising electricity rates next month to help pay for its portion of the $9.8 billion project. SCE&G, a subsidiary of SCANA Corp (SCG.N: Quote, Profile, Research), and Santee Cooper, known formally as the South Carolina Public Service Authority, plan to build the two reactors at the site of the V.C. Summer Nuclear Station near Jenkinsville, about 30 miles north of the state capitol, Columbia.