Now that SCE&G lost the projected power supply from the failed V.C. Summer nuclear project, the utility company has to find a replacement – and they’re looking into natural gas. While wholesale gas prices have been dropping steadily, reliance on natural gas could be dangerous for the environment (and your power bill).
SCE&G is seeking purchase approval for a $180 million dollar, 540-megawatt natural gas plant in Calhoun County. Environmentalists warn SCE&G that natural gas harmful to the environment + may hurt their bottom line. Gas prices are estimated to rise 67% over the next 40 years, and the price increase would be covered by customers. One Law Center study estimated SCE&G could save a minimum of $600 million in the long run by moving away from natural gas and relying more on solar power.
Spokeswoman Rhonda O’Banion says the gas plant would replace over 40% of the nuclear plant power potential, and the rest of the shortage would be covered with diversified sources, like solar power. While SCE&G is still awaiting a decision on the Calhoun plant, there is no imminent danger of energy shortages – but long-term energy solutions are necessary.
