Members who received power from Palmetto Electric Cooperative between January 1, 2007, and January 31, 2020, may receive an unexpected bill credit or check in late February or March. The credits (for $50 or less) and checks (for amounts greater than $50) are the result of the settlement of a class-action lawsuit involving the failed nuclear construction project at V.C. Summer Nuclear Generating Station in Fairfield County.
The funds are being paid by Santee Cooper, which owned the project along with SCE&G (now Dominion Energy). Palmetto Electric Cooperative did not own the project. However, because we buy from Santee Cooper some of the power we deliver to our members, some members may be due bill credits or payments. Your cooperative did not calculate the payments. They resulted from a court-approved process after a settlement agreement was reached between the parties in the class-action lawsuit.
If you have any questions regarding the administration of the Settlement, you may contact the Settlement Administrator. Please include your name and your return address on all correspondence.
Cook v. SCPSA, Class Action Administrator, P.O. Box 3127, Portland, OR 97208-3127