Climate / Energy

Controversial Base Load Review Act allows regulated utilities to recover finance costs up front BY RODDIE BURRIS rburris@thestate.com South Carolina Electric and Gas Co. was given the go-ahead Wednesday to raise residential electric rates by nearly 2.6 percent to help finance the cost of two nuclear reactors under construction at the V.C. Summer plant in […]

WLTX-TV September 21, 2015 The Office of Regulatory Staff is taking a hard look at whether a law that allows rate hikes is fair for customers. (video) Savannah Levins, WLTX COLUMBIA, SC (WLTX)- You might have noticed your SCE&G bill has gone up every year for almost a decade now. But now that the project is

Lexington County Chronicle September 16, 2015 by Jerry Bellune A business leader sees a 50% increase in utility rates within five years. By the time  S.C. Electric & Gas opens two new nuclear plants, rates will be up 31% just for construction financing, S.C. Small Business Chamber President Frank Knapp told Lexington County lawmakers. “Add

Lexington County Chronicle September 16, 2015 By Jerry Bellune Two rate payers have appealed to state lawmakers for help with utility rates. They say S.C. Electric & Gas has raised rates 31% in the last six years and wants to raise them higher. And they are critical of the state Public Service Commission which does

Rally promises thrills and plenty of talk about spills Charleston City Paper September 14, 2915 by Dustin Waters A new group based out of Sullivan’s Island is taking a stand against offshore oil exploration in South Carolina – and they’ve even gotten Shepard Fairey to throw his paint behind the effort. Don’t Drill Lowcountry is a

WACH-TV September 10, 2015 By Tara Petitt Thursday COLUMBIA, SC (WACH) — At a Lexington County Delegation meeting Thursday evening, Midlands residents took their concerns to state lawmakers about increased rates for SCE&G customers. (video) Last week, the Public Service Commission approved a rate hike for the utility company to help pay for two nuclear