COLUMBIA, S.C. (WCSC/AP) - Current and former customers of South Carolina Electric and Gas will split $146 million in what is considered the largest private class action settlement in state history.
A judge finalized the decision Tuesday and signed an order that reduced the legal fees going to lawyers for SCE&G customers. More than 1 million customers were involved in the lawsuit, represented by 13 law firms.
The attorneys sued SCE&G and parent company SCANA Corp. for its role in the abandoned construction of two nuclear plants in the state that never generated power. Virginia-based Dominion Energy took over the utility in January.
SCE&G agreed to pay $115 million and sell properties valued at $85 million.
The attorneys who argued the case will get $51 million plus nearly $900,000 for expenses.
It’s unclear when SCE&G customers will get paid and how much each customer will receive.