When financing costs are added, it could increase the price by several billion dollars. The same design proposed in Pennsylvania is estimated at $13-15 billion, including financing. Standard & Poor's Ratings Services recently downgraded Constellation's credit rating to just above junk bond status, largely because the PSC has forbidden Constellation from relying on its subsidiary, Baltimore Electric and Gas, in the event of cost overruns. Additionally, power demand in the region has significantly decreased due to the market downturn, putting into question the necessity of the new reactors at this point in time. V.C. Summer Units 2 and 3 in South Carolina, SCE&G and Santee Cooper Joint Project SCE&G, a subsidiary of SCANA Energy, has applied to build two reactors at the V.C. Summer site near Jenkinsville, South Carolina. One reactor is currently operating at the site.