SCANA’s earnings hit by higher property taxes in Q2

Charleston Regional Business Journal | Charleston, SC: "SCANA Corp. reported earnings of $54 million, or 43 cents per share, for the second quarter of 2010, down from $55 million, or 45 cents per share, for the second quarter of 2009.

The drop, announced today, was attributed to higher property taxes, interest, and operating and maintenance expenses, which the utility said more than offset improved electric margins driven by favorable weather, customer growth and the electric base rate increase under the Base Load Review Act."