SCE&G ordered to lower rates starting this month
by The Press and Standard | August 7, 2018 8:38 am
The Public Service Commission of South Carolina (PSC) has ordered SCE&G to temporarily remove from retail electric rates the increases associated with the Base Load Review Act (BLRA) for the failed V.C. Summer nuclear reactors. U.S. District Judge Michelle Childs rejected SCE&G’s bid to halt the rate cut.
This temporary reduction (also known as a decrement rider) of approximately 15 percent is being reflected on customer bills issued on and after Aug. 7, 2018, and will be effective through December 2018, or earlier if the PSC issues approval in the company’s filing to merge with Dominion Energy.
August bills also include a one-time bill credit for BLRA-related electric charges collected during April, May, June, and July 2018.
For more details, follow this link.