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Regulators to discuss SCE&G rate increase
Posted: 10.29.2008 at 9:24 AM
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COLUMBIA, S.C. (AP) -- 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 meets Wednesday to discuss the company's request.

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 a monthly bill of about $114.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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