Press Release
"Today’s stipulation relates to key aspects of the ORS’s examination of the company’s rate application, including an ORS recommendation that SCE&G apply more than $48 million in state tax credits to the benefit of its customers over the next two years.
SCE&G and the ORS entered into a previous stipulation, May 3, in which the parties mutually supported a 10.7 percent return on common equity, the 12-month pilot of a weather normalization mechanism for electric rates, and a one-time credit of $25 million to SCE&G’s electric customers. That credit would apply over the next year."
SCE&G and the ORS entered into a previous stipulation, May 3, in which the parties mutually supported a 10.7 percent return on common equity, the 12-month pilot of a weather normalization mechanism for electric rates, and a one-time credit of $25 million to SCE&G’s electric customers. That credit would apply over the next year."
No comments:
Post a Comment