Report: SCANA, Dominion offered $1,500 refunds to escape Summer rate cut

Utility Dive: WIS TV's report that Dominion and SCANA were willing to raise customer rebates to $1,500 shows just how excited both companies are about the possible merger. But it also highlights the extent to which South Carolina lawmakers will oppose efforts to have ratepayers on the hook for V.C. Summer costs.

SCE&G is seeking regulatory approval to recover about $5 billion in costs associated with the Summer project from ratepayers. In addition to the 15% rate decrease, the law may limit the utility's ability to recover some costs.

Read article