South Carolina’s Fast-Track Utility Merger | Charleston News

A $67 billion utility merger between NextEra and Dominion Energy—largest in U.S. history—is racing toward approval in South Carolina, with regulators aiming to finish their review in just six months, a lightning-fast pace compared to past mergers. Critics warn this speed favors corporate interests over ratepayers and small businesses, especially as other states like Virginia actively shield consumers. Advocates from business groups, environmentalists, and ratepayers are pushing back, citing risks tied to new power generation for data centers—energy hogs that strain water resources and could hike bills. With lawmakers debating whether to impose earlier regulations on these facilities, the rush to approve the merger may leave South Carolina vulnerable to long-term costs without safeguards.

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