South Carolina Electric and Gas has proposed a total $25 million credit to its customers to help with the 9.5 percent rate hike, making it about a 6.5 percent hike. SCE&G spokesman Eric Boomhower says shortly after the utility filed for the rate increase, they began looking for ways to help reduce the impact extreme weather has on customer bills.
“We’re not looking to gain a financial advantage at the expense of the customers when we have abnormal weather, like we had this past winter. So, we have introduced through this stipulation through the ORS, the Office of Regulatory Staff, yesterday. We are proposing to introduce a weather normalization mechanism on electric rates that would really help to minimize the impact that weather has on customer bills,” says Boomhower. [Read more...]






