Is now the time to raise electric rates in South Carolina?
From the customer’s viewpoint, it’s never a good time – but especially in this tough economy.
As a regulated utility, we have an obligation to serve our customers’ constant need for power that is reliable, affordable and clean. At the same time, our costs continue to rise – for new construction, investments in the system and for plant operation and maintenance.
Read more
We’re also bound by state and federal regulations that determine where we build power plants and transmission lines, how we operate them, what environmental controls we put in place, and how we protect the interests of our customers and our shareholders.
We do not pursue a rate increase lightly. In fact, if approved by the Public Service Commission of South Carolina, this will be our first general rate increase since 1991.
