Columbia plan may lead to higher power bills - Local / Metro - TheState.com

Columbia plan may lead to higher power bills - Local / Metro - TheState.com:

By ADAM BEAM - abeam@thestate.com

"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."