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SCE&G Sues to Block 15 Percent Rate Cut

  • By Admin
  • July 3, 2018
  • 21 Views

South Carolina Electric & Gas has sought a court order to stop the state from cutting its electricity rate.

The lawsuit accuses state legislators of passing an unconstitutional law to force SCE&G to pay for the cost of its failed nuclear project.

The lawsuit came after regulators on the S.C. Public Service Commission met to implement a rate cut. The Legislature voted last week to have regulators temporarily cut SCE&G’s electricity charges by 15 percent.

This rate cut will start in August and would save the utility customers about $260 million on their power bills through the end of the year until regulators make a final decision on who should pay for the project.

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