SCE&G Files for Rate Adjustment Under Base Load Review Act

by Benzinga Staff
May 27, 2011 3:42 PM | 27 seconds read | Make a Comment

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South Carolina Electric & Gas Company, principal subsidiary of SCANA Corporation (NYSE: SCG), today filed with the Public Service Commission of South Carolina and the South Carolina Office of Regulatory Staff for an overall 2.7 percent increase to its approved electric rates under provisions of a state law known as the Base Load Review Act. The BLRA effectively reduces the cost of building nuclear power plants in South Carolina by allowing the state's regulated utilities to adjust rates annually during construction of such plants to recover related financing costs.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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