SCE&G has reduced its original proposal by half.
COLUMBIA (AP) -- South Carolina's largest privately owned utility has reduced its proposal to raise power rates to about 5 percent.
The new increase request is in line with that recommended by the state Office of Regulatory Staff. The state agency that represents consumers in utility cases also has suggested SCE&G spend more than $48 million in state tax credits on programs that could reduce power bills over the next two years.
If the company's increase is approved, a customer using 1,000 kilowatt hours of electricity a month would pay $5.79 more.
The increase would be phased in over three years.
(Copyright ©2010 by The Associated Press. All Rights Reserved.)
TV Station Profiles & Public Inspection Files forWACH