COLUMBIA, S.C. (WIS) – South Carolina lawmakers received their first formal briefing Thursday at the State House on the proposed $67 billion merger between NextEra Energy and Dominion Energy, a deal that would create the world’s largest regulated electric utility.
The merger, announced earlier this year, would serve about 10 million customer accounts across Florida, South Carolina, North Carolina and Virginia. The tentative deal has created concerns about rising utility costs.
Dominion Energy South Carolina serves more than 800,000 customers. NextEra Chairman, President and CEO John Ketchum told lawmakers during the briefing that Dominion Energy South Carolina would remain a South Carolina utility led by South Carolina people, with NextEra’s scale behind it…