Dominion Energy exec speaks at North Augusta Chamber breakfast
Those $1,000 checks everyone heard about at the beginning of the year are still on the way if and when Dominion Energy’s purchase of SCANA goes through.
Dan Weekley, vice president for Southern Operations at Dominion, spoke at the North Augusta Chamber of Commerce’s breakfast Friday morning.
“We’ve done more than 400 of these kind of meetings,” he said. “These are the best forums, these are the grassroots folks that want to personally ask questions about why Dominion is interested, the challenges for SCANA, impact on them, impact of economic development, so we like coming out and doing these kind of presentations.”
He said the premise around the refunds and rate decreases Dominion has promised is to get customer’s money back as quickly as possible.
Dominion has announced the average residential customer would get a $1,000 check within 90 days of the merger.
Weekley said during Friday’s breakfast that a $1,000 check is for customers who pay between $150 and $160 per month for energy. If their bill is $300 per month, the check would be $2,000. A monthly bill of $75 would get a $500 refund.
That average is based on residential customers only, Weekley said, not commercial customers.
Beech Island-based Kimberly-Clark, for example, would be given a refund of $23 million.
The refunds are to pay customers back for the money spent on the failed V.C. Summer nuclear project SCANA was part of.
“This issue has got to get resolved,” Weekley said of the merger, “there is really little debate about that because its been going on for so long and it’s hurting the economic development across South Carolina.”
Weekley said next for the deal is approval from North Carolina and South Carolina’s Public Service Commission, and they anticipate Dominion will be through that process by around Christmas of this year.