On December 14, 2007 Duke Power submitted a Combined Construction and Operating License to the Nuclear Regulatory Commission, with an announcement that it will spend $160 million in 2008 on the plant with a total cost of 5–6 billion dollars. Due to a slowdown in licensing and increase in costs, a federal license for what is estimated to be an $11 billion plant is not expected until 2016. Duke Energy will decide after that point whether to go forward with construction."Duke Energy won't buy into SC nuclear plant [Santee Cooper]" , Charlotte Observer, January 27, 2014, accessed December 28, 2014 In August 2017, Duke Energy announced that construction plans at the site had been put on an indefinite hold. The company retains the rights to restart construction in the future.
On December 14 2007 Duke Power submitted a Combined Construction and Operating License to the Nuclear Regulatory Commission with an announcement that it will spend $160 million in 2008 on the plant with a total cost of 5–6 billion dollars Due to a slowdown in licensing and increase in costs a federal license for what is estimated to be an $11 billion plant is not expected until 2016 Duke Energy will decide after that point whether to go forward with construction"Duke Energy won't buy into SC nuclear plant [Santee Cooper]"  Charlotte Observer January 27 2014 accessed December 28 2014 In August 2017 Duke Energy announced that construction plans at the site had been put on an indefinite hold The company retains the rights to restart construction in the future