Go Back  The Hull Truth - Boating and Fishing Forum > BOATING FORUMS > Dockside Chat
Reload this Page >

South Carolina Nuclear power plant mess

Notices
Like Tree21Likes

South Carolina Nuclear power plant mess

Old 02-08-2019, 02:34 PM
  #1  
Senior Member
Thread Starter
 
Join Date: Jul 2010
Location: Coastal South Carolina
Posts: 2,880
Default South Carolina Nuclear power plant mess

what is the "settlement" to the rate payers supposed to be- How much? Any rumors?
edwardh1 is offline  
Old 02-08-2019, 02:35 PM
  #2  
Senior Member
 
Join Date: May 2009
Posts: 1,648
Default

Settlement? How about a rate increase?
PMaine is offline  
Old 02-08-2019, 02:37 PM
  #3  
Admirals Club Admiral's Club Member
 
Join Date: Nov 2009
Location: Tarpon Springs, FL
Posts: 7,381
Default

Why not let the people who blocked the construction pay for it.
SEATOAD, Re-Bait, wezie and 2 others like this.
mikefloyd is offline  
Old 02-08-2019, 03:05 PM
  #4  
Senior Member
 
Join Date: Feb 2017
Posts: 1,709
Default

I'd say sign up some volunteers and sneak in there at night and build the damn thing.
back at it and Fish_DOut like this.
km1125 is offline  
Old 02-08-2019, 04:44 PM
  #5  
Admirals Club Admiral's Club Member
 
Join Date: Jun 2014
Location: Anderson SC
Posts: 3,807
Default

Originally Posted by edwardh1 View Post
what is the "settlement" to the rate payers supposed to be- How much? Any rumors?
The first rumor was $1000.... the most recent ones was "up yer arse".
Double tyme likes this.
cphilip is online now  
Old 02-08-2019, 04:48 PM
  #6  
Senior MemberCaptains Club MemberPLEDGER
 
Join Date: Jan 2005
Location: SC
Posts: 10,168
Default

-8 billion. At best.
autobaun70 is offline  
Old 02-08-2019, 04:49 PM
  #7  
KJS
Senior MemberCaptains Club MemberPLEDGER
 
Join Date: Aug 2003
Location: Where I go, there I am
Posts: 16,761
Default

Its "nucular".
KJS is offline  
Old 02-08-2019, 04:52 PM
  #8  
Admirals Club Admiral's Club Member
 
Join Date: Aug 2010
Location: New Hampshire
Posts: 5,098
Default

Originally Posted by edwardh1 View Post
what is the "settlement" to the rate payers supposed to be- How much? Any rumors?
One of the regional forums might produce more informed opinions on this. Personally, I have no idea what you're asking.
Qb1rdman is offline  
Old 02-08-2019, 08:53 PM
  #9  
Admirals Club Admiral's Club Member
 
Join Date: Jul 2009
Location: Bradenton, FL
Posts: 231
Default

Originally Posted by KJS View Post
Its "nucular".
Wrong. The 'S' is silent.
KJS, nccoaster and TorFed like this.
JP11283 is offline  
Old 02-08-2019, 09:05 PM
  #10  
Senior MemberCaptains Club Member
 
Join Date: Jun 2001
Location: CT
Posts: 18,350
Default

WOW! First I heard of this. This was hard to find the cause of this in the news stories on line then I found this. All because Westinghouse went bankrupt? No one can take over and finish? Looked like a State Private venture. I sorta like Nukes to provide a mix of electric source for national security reasons and such. They just don't seem to be making it anymore. Kinda sad. We have had different problems here with Millstone . End result is I guess Gas and Oil is too cheap now and can't compete.

I guess this is the one?

https://en.wikipedia.org/wiki/Virgil...rating_Station
LI Sound Grunt is offline  
Old 02-09-2019, 04:25 AM
  #11  
Senior Member
 
Join Date: Jan 2009
Posts: 2,785
Default

Originally Posted by cphilip View Post
The first rumor was $1000.... the most recent ones was "up yer arse".
Yep
UT_VOLS13 is offline  
Old 02-09-2019, 04:44 AM
  #12  
Senior Member
 
Join Date: Sep 2009
Location: Near Wheeling W.V.
Posts: 929
Default

Source:

Customers have already been billed some $2 billion for the reactors. Under current regulations, the utilities continue to collect $37 million per month. That means the average ratepayer is paying an additional $250 per year, or 18 percent of the bill. This could go on for 60 years. “You will literally have your children and grandchildren pay for this mistake,” says Bursey.
Bamby is offline  
Old 02-09-2019, 05:56 AM
  #13  
Senior Member
 
Join Date: Feb 2017
Posts: 1,709
Default

This part:
" Westinghouse bought thousands of hand-machined nuts that cost $114 each, rather than sturdier, off-the-shelf nuts that retailed for $2.20, according to The Post and Courier. There was a reason for that: Westinghouse got to charge 15 percent overhead on everything it spent. Every thousand nuts meant $17,100 in revenue for the company, rather than the $330 it would have collected if it used the cheaper version. "

That might be a dramatic oversimplification, but if it's close to the truth wouldn't that be some kind of fraud that someone should go to jail for?
km1125 is offline  
Old 02-09-2019, 06:37 AM
  #14  
Senior Member
 
Join Date: Jul 2009
Location: FL/HI
Posts: 954
Default

Originally Posted by km1125 View Post
This part:
" Westinghouse bought thousands of hand-machined nuts that cost $114 each, rather than sturdier, off-the-shelf nuts that retailed for $2.20, according to The Post and Courier. There was a reason for that: Westinghouse got to charge 15 percent overhead on everything it spent. Every thousand nuts meant $17,100 in revenue for the company, rather than the $330 it would have collected if it used the cheaper version. "

That might be a dramatic oversimplification, but if it's close to the truth wouldn't that be some kind of fraud that someone should go to jail for?
Without knowing what system the nuts were going into it is a dramatic oversimplification. When we are talking about the high energy systems of a nuclear power plant the nuts from Lowe’s won’t cut it.
Trayder, clamc, cycler and 2 others like this.
rudeskawn is offline  
Old 02-09-2019, 07:09 AM
  #15  
Senior MemberCaptains Club Member
 
Join Date: Nov 2007
Location: Charleston SC
Posts: 2,245
Default

The whole thing is a mess. I heard the dam and lock system need billions in repair and the lakes cost a lot to maintain. Because of losses and lawsuits Santee Cooper has sold the lakes to a private company. The state is trying to make the private company spend a huge amount of money to build some sort of river system instead of restoring the lock because of the decreasing numbers of some rare stirgun that won't use the lock. The private company is threatening to drain the lakes if they force them to do that. My info may be off but thats the just of it. Also locals should have already received a credit from the power company for the rate increases to cover the nuclear plant. Mine was about $400.00
bikem is online now  
Old 02-09-2019, 07:30 AM
  #16  
Senior Member
 
Join Date: Mar 2013
Location: South Carolina
Posts: 1,455
Default

Originally Posted by bikem View Post
The whole thing is a mess. I heard the dam and lock system need billions in repair and the lakes cost a lot to maintain. Because of losses and lawsuits Santee Cooper has sold the lakes to a private company. The state is trying to make the private company spend a huge amount of money to build some sort of river system instead of restoring the lock because of the decreasing numbers of some rare stirgun that won't use the lock. The private company is threatening to drain the lakes if they force them to do that. My info may be off but thats the just of it. Also locals should have already received a credit from the power company for the rate increases to cover the nuclear plant. Mine was about $400.00
The Santee lakes, Marion and Moultrie, have not been sold....yet. There is a possibility that a private entity will take over the day-to-day operations, but for now, it is still state owned. The likelihood of the system being drained is very remote.

https://www.thestate.com/opinion/op-...224570735.html
FishLife is offline  
Old 02-09-2019, 07:54 AM
  #17  
Senior MemberCaptains Club Member
 
Join Date: Nov 2007
Location: Charleston SC
Posts: 2,245
Default

Originally Posted by FishLife View Post
The Santee lakes, Marion and Moultrie, have not been sold....yet. There is a possibility that a private entity will take over the day-to-day operations, but for now, it is still state owned. The likelihood of the system being drained is very remote.

https://www.thestate.com/opinion/op-...224570735.html
My mistake, I though my info might be a little off. I agree draining the lakes is nothing more than a negotiating tool.
bikem is online now  
Old 02-09-2019, 08:13 AM
  #18  
Senior Member
 
Claim's Avatar
 
Join Date: Mar 2017
Location: Mt. Pleasant, SC
Posts: 784
Default

When Dominion originally offered to buy SCE&G, the offer came with a nice rebate to customers. Alas no, the state legislature would have none of that....they held out until the rebate/refund to customers was taken off the table and a utility surcharge to pay for this mess was passed on to us customers. It's such a fubar, we could probably fill a prison with the eff'ers that back door frauded SC on this abandoned nuclear plant.
Claim is online now  
Old 02-09-2019, 08:13 AM
  #19  
Admirals ClubCaptains Club Member Admiral's Club Member
 
Join Date: Jan 2005
Location: Fuquay Varnia, NC Beaufort NC
Posts: 1,923
Default

Originally Posted by km1125 View Post
This part:
" Westinghouse bought thousands of hand-machined nuts that cost $114 each, rather than sturdier, off-the-shelf nuts that retailed for $2.20, according to The Post and Courier. There was a reason for that: Westinghouse got to charge 15 percent overhead on everything it spent. Every thousand nuts meant $17,100 in revenue for the company, rather than the $330 it would have collected if it used the cheaper version. "

That might be a dramatic oversimplification, but if it's close to the truth wouldn't that be some kind of fraud that someone should go to jail for?
Lots of these "nuts" weigh hundreds of lbs. and legitimate for the application on some systems. Your "reason" is severely flawed. Everything is under strict audits.
Seacat FL and RyanL11 like this.
SeaNile Boater is offline  
Old 02-09-2019, 08:16 AM
  #20  
Senior Member
 
Join Date: May 2014
Location: Wendell, NC
Posts: 2,142
Default

The nuts aren't that unrealistic. I once designed some titanium bolts for a Periscope that were upwards of $600 a pop.
NCSUboater is online now  

Thread Tools
Search this Thread