Public hearing held on SCE&G rate hike request
The state Public Service Commission held a public hearing on the company's request, but did not make a decision. The commission could formally take a vote on the request as early as Oct. 29.
The state agency that serves as a watchdog on utility cases has brokered an agreement between the company and those opposed to the rate increase that would allow SCE&G to charge an additional 6 percent — about half what the company wanted.
According to the Office of Regulatory Staff, typical customers using 1,000 kilowatt hours a month would be charged about $6 more each month. The office said that would result in about a $114 monthly bill.
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UK peak power prices rise to second highest level since 2018
LONDON - Low wind speeds pushed peak hour power prices to the second highest level for at least three years on Monday as Britain’s grid was forced to increase its reliance on gas-fired power plants and draw on coal generation.
Calm weather this year has exacerbated the energy price crisis in the UK, as gas-fired power stations have had to pick up the slack from wind farms. Energy demand has surged as countries open up from pandemic restrictions, which together with lower supplies from Russia to western Europe, has sent wholesale gas prices soaring.
Power prices in the UK for the peak…
