"The current franchise fee is 3 percent of every power bill. Gantt's proposal is to raise it to 5 percent, which is the maximum allowed under the city's franchise agreement with SCE&G. The fee is considered a pass-through fee, meaning SCE&G can automatically pass that cost along to its customers without asking state officials for a rate hike."
SC Utility News Digest - a Service of the Terreni Law Firm, LLC
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