Public hearing held on SCE&G rate hike request
SOUTH CAROLINA - State utility regulators are considering a request by South Carolina Electric & Gas Co. for a midyear rate increase based on increased fuel costs.
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.
Related News
Opinion: Cleaning Up Ontario's Hydro Mess - Ford government needs to scrap the Fair Hydro Plan and review all options
TORONTO - By Mark Winfield
While the troubled Site C and Muskrat Falls hydroelectric dam projects in B.C. and Newfoundland and Labrador have drawn a great deal of national attention over the past few months, Ontario has quietly been having a hydro crisis of its own.
One of the central promises in the 2018 platform of the Ontario Progressive Conservative party was to “clean up the hydro mess.” There certainly is a mess, with the costs of subsidies taken from general provincial revenues to artificially lower hydro rates nearing $7 billion annually. That is a level approaching the province’s total pre-COVID-19 annual…
