“‘You’ll Get an Answer Soon,’ Federal Judge to Decide on SCE&G Rate Cuts”

WLTX19 Columbia, SC (WLTX) – SCE&G is now waiting on a decision from Federal Judge J. Michelle Childs on if they will have to cut nuclear rates by 15 percent and pay back four months worth of rate cuts. Throughout the two-day hearing attorney’s for SCE&G argued that the temporary rate cuts would cause irreparable…
Read More

“Lawyer: SCANA set aside $110M for execs while charging customers for failed project”

The State COLUMBIA, S.C. — While charging its customers $37 million a month for a failed multibillion-dollar nuclear project, top executives at a South Carolina utility set aside $110 million in an irrevocable trust to pay themselves bonuses for aiding their utility’s sale. The revelation came Monday during a hearing a on SCE&G’s motion to…
Read More

“Cutting customers’ electric bills could cripple SCE&G, experts tell federal judge”

The State COLUMBIA, SC — Cutting SCE&G’s rates will make it harder for the Cayce-based utility to borrow and will threaten its financial health, witnesses for SCE&G told a federal judge Tuesday. However, another witness testified SCE&G could withstand the rate cuts. That testimony, before U.S. District Court Judge Michelle Childs, came as a two-day…
Read More