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Energy

Dec 11, 2018

McCormick to receive power from Florida-based utility

Florida-based NTE Energy will begin a 20-year purchase agreement with the town of McCormick on Jan. 1. The McCormick Commission of Public Works was previously served by SCE&G, according to NTE Energy.

Dec 10, 2018

Santee Cooper approves $2.1B budget

The state-owned utility's board of directors approved a 2019 budget which includes $1.7 billion for its electric system operations and $296.9 million for capital expenditures.

Nov 30, 2018

V.C. Summer refueling and maintenance outage complete

A scheduled refueling and maintenance outage at Unit 1, which began Oct. 6, has been completed, SCE&G said. Workers replaced approximately one-third of the 1,000-megawatt unit's fuel and performed preventive maintenance and inspections

Nov 30, 2018

Solar heats up in S.C. as business installations surge

A law allowing privately owned solar companies to sell electricity back to the state's power grid has resulted in more than $30M in incentives since 2014. Now, some say it's time for those incentives to expand.

Nov 29, 2018

S.C. Supreme Court upholds Condon appointment at Santee Cooper

The high court held that Gov. Henry McMaster has the authority to appoint former S.C. Attorney General Charlie Condon as interim board chair of Santee Cooper. The state Senate can confirm or reject Condon's appointment in January.

Oct 26, 2018

Dominion proposes alternate SCANA deal

In a new filing, the Virginia-based company says its acquisition of the Cayce utility could reduce the bills of SCANA subsidiary SCE&G ratepayers by 14% instead of 7%. That scenario would scrap a promised $1,000 upfront refund.

Oct 25, 2018

SCANA declares third-quarter earnings of $67M

The earnings of 47 cents per share were up from earnings of $34 million, or 24 cents per share, for the same period in 2017, when the Cayce utility absorbed a $132 loss associated with the V.C. Summer nuclear project.

Oct 9, 2018

Southern Current investing $16M in Marion County

The Charleston-based solar developer is investing in five new projects in Marion County. The company has invested millions in solar projects throughout the state, most recently in Orangeburg County.

Oct 5, 2018

SCANA, Dominion file agreement in N.C.

The companies filed a stipulation agreement with the North Carolina Utilities Commission and an intervenor that the companies said ensure rate stability for customers of SCANA subsidiary PSNC Energy.

Oct 1, 2018

Dominion subsidiary awarded Fort Jackson contract

Dominion Privatization of South Carolina LLC has been awarded a $142M, 50-year contract to operate the electric utility system at Fort Jackson. The company will assume operation of the electric system in April 2019.

Sep 12, 2018

SCANA re-elects three Class I directors in annual meeting

The Cayce-based company also approved an accounting firm to audit its 2018 financial statements and approved a non-binding advisory proposal on executive compensation.

Aug 30, 2018

SCANA declares quarterly dividend

SCANA Corp. declared a quarterly dividend of 12.37 cents per share for the third quarter of 2018 at a meeting of its board of directors.