SCE&G Announces Settlement on Construction and Capital Cost Schedules for New Nuclear Units

South Carolina Electric & Gas (SCE&G) announced on September 1 that it had entered into a settlement agreement related to its original petition (Docket No. 2000-366-A) to the South Carolina Public Service Commission (PSC) to increase the cost of constructing its two nuclear plants at the V.C. Summer Station in Jenkinsville by $846 million and to raise overall electricity rates by 3.06 percent to pay for construction financing costs of the plants.

SCE&G Customers to See Lower Bills, Renewable Energy Charge Starting in May

SCE&G’s 662,000 electric customers in South Carolina will receive lower bills beginning in May.  On April 20, the Public Service Commission of South Carolina (PSCSC) approved the utility’s request (Docket No. 178571) to adjust its electric rates to reflect lower fuel costs associated with “generating … Read more…

SCE&G Nuclear Plant Financing Overruns Likely to Be Paid by Customers

The South Carolina Public Service Commission (SCPSC) is scheduled to decide by the end of this month whether to approve a 2.8 percent rate hike proposed by South Carolina Electric & Gas (SCE&G) to help pay for financing costs that already have been incurred in … Read more…

Duke Preps for Distributed Solar on Heels of Net Metering Decision

Duke Preps for Distributed Solar on Heels of Net Metering Decision

Duke Energy will deliver a distributed solar development plan to the South Carolina public utilities commission in February in response to the net metering agreement reached last week. In December, South Carolina became the 44th state to institute net metering. Net metering allows solar customers to … Read more…

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