South Carolina Residents Concerned Over Rising Costs of Proposed Gas Plant
In South Carolina, residents are expressing concerns about the financial implications of the proposed Canadys gas power plant. Initially estimated at $2.5 billion, the project's cost has surged to $5 billion, with potential for further increases due to supply chain delays and macroeconomic factors. The plant, which will use fracked gas, is expected to impact energy costs for customers of Santee Cooper and Dominion Energy South Carolina (DESC). During a Public Service Commission hearing, residents highlighted the financial strain of rising energy bills, especially during extreme weather conditions. Critics argue that the investment in the gas plant is risky, particularly as it relies on speculative demand from potential data centers that have not yet committed to the area. 
