Wednesday, May 5, 2010

SCE&G Settlement?

The Post and Courier - SCE&G's revised plan under fire - Charleston SC - postandcourier.com:BY WARREN WISE
The Post and Courier
 "Scott emphasized the 6.55 percent figure is SCE&G's, and not the ORS.

The ORS is recommending a roughly 4.87 percent increase spread out over three years: 2.5 percent the first year, 1.2 percent the second and 1.17 percent the third, said Scott, whose agency represents consumers in rate cases.

He added that SCE&G has not received 100 percent of any rate request since 1971. Also, it has never been turned down, and, once, in 1998, it was ordered to decrease rates.

'We have come up with a well-balanced number that will protect the financial integrity of the utility,' Scott said."

No comments:

Post a Comment

Blog Archive