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South Carolina Electric & Gas

Aug 9, 2018

SCE&G to appeal preliminary injunction denial

South Carolina Electric & Gas Company intends to appeal a federal judge’s denial of their motion for preliminary injunction to prevent a rate cut from going into effect, according to a news release. The rate cut stems from a law passed by the South Carolina General Assembly in June which reduces the cost of electricity […]

Aug 2, 2018

Judge keeps rate cuts for failed nuclear plants in limbo

COLUMBIA (AP) A federal judge refused Aug. 2 to end a lawsuit by a private South Carolina utility that also is seeking to stop a temporary rate cut for customers who continue to pay for an abandoned nuclear reactor project. The 15 percent rate cut, retroactive to April, is set to begin appearing on South Carolina […]

Jul 23, 2018

Report: Utility offered SC lawmakers deal to kill rate cut

COLUMBIA (AP) Executives offered South Carolina legislators a bigger consumer rebate for a failed multibillion-dollar nuclear project if lawmakers scrapped a law requiring reduced power bills. WIS reports that Virginia-based Dominion Energy wanted to stop the new law cutting South Carolina Electric & Gas Co.’s electric rates by 15 percent until the end of this year. Dominion […]

Jul 9, 2018

Regulators order SC utility to start cutting rates

COLUMBIA (AP) Customers of South Carolina Electric & Gas Co. moved another step closer July 3 to seeing a rate reduction after a failed multibillion-dollar nuclear project. During a brief meeting, the Public Service Commission ordered South Carolina Electric & Gas to start dropping rates by 15 percent beginning this summer, according to a document posted online. […]

Jun 29, 2018

Governor asks for bigger rate cut in veto; lawmakers decline

COLUMBIA (AP)  South Carolina lawmakers temporarily cut electric rates of a private utility by 15 percent June 28 to remove most of the charges they are paying for two nuclear plants that were never finished. Both the House and Senate overrode Gov. Henry McMaster’s veto of the rate cut in just minutes. In his veto message, […]

Jun 28, 2018

Electric rates may be cut after failed nuclear plants

COLUMBIA (AP) Customers of South Carolina Electric & Gas could see their rates temporarily cut by nearly 15 percent, under a compromise plan passed June 27 by lawmakers after the company spent billions on two failed nuclear plants that never produced power. The bill passed with enough margin to overcome a promised veto from Gov. Henry […]

May 24, 2018

SC lawmakers can’t agree on latest rate cut plan

COLUMBIA (AP) South Carolina lawmakers met again almost two weeks after the General Assembly adjourned its regular session, but still could not reach a compromise on bills about the failed nuclear reactor project in the state and cutting power rates. A conference committee of House members and senators met May 23 for a third time, focusing […]

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