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SCE&G to Appeal Federal Court Denial of Preliminary Injunction

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SCE&G to Appeal Federal Court Denial of Preliminary Injunction

PR Newswire

CAYCE, S.C., Aug. 7, 2018 /PRNewswire/ -- South Carolina Electric & Gas Company ("SCE&G"), a subsidiary of SCANA Corporation (NYSE:SCG), announced today that it will appeal the Order of the United States District Court for the District of South Carolina denying SCE&G's Motion for Preliminary Injunction regarding implementation of Act 258.

SCANA Corporation logo. (PRNewsFoto/SCANA Corporation)

Act 258 is the South Carolina law enacted in late June which has resulted in a temporary reduction of SCE&G's retail electric rates by approximately 15 percent retroactive to April 1, 2018.  In addition, among other things, Act 258 supplies definitions of key terms under the Base Load Review Act that would heighten the evidence required to establish SCE&G's ability to recover its costs associated with the new nuclear project.

In connection with its appeal, SCE&G will be seeking expedited consideration from the United States Court of Appeals for the Fourth Circuit.

PROFILE
SCANA Corporation, headquartered in Cayce, S.C., is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. Information about SCANA and its businesses is available at www.scana.com.

SCE&G is a regulated public utility engaged in the generation, transmission, distribution and sale of electricity to approximately 727,000 customers in the central, southern and southwestern portions of South Carolina.  The company also provides natural gas service to approximately 373,000 customers throughout South Carolina. More information about SCE&G is available at www.sceg.com.

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SOURCE SCANA Corporation

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