Yes! It’s real! Members who received power from York Electric Cooperative between January 1, 2007, and January 31, 2020, may receive a bill credit on either their February or March 2024 bill. The credits (for amounts less than $25) and checks (for amounts $25 or greater) 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). YEC 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.
Cook v. Santee Cooper Class Action Lawsuit Website
