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4-Traders Homepage  >  Equities  >  Nyse  >  SCANA Corporation    SCG

Delayed Quote. Delayed  - 07/25 10:02:02 pm
74.46 USD   -0.63%
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SCANA Corporation : SCANA Energy Retained As Georgia's Regulated Natural Gas Provider

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02/10/2012 | 07:10pm CEST

ATLANTA, Feb. 10, 2012 /PRNewswire/ -- The Georgia Public Service Commission announced today that SCANA Energy, a unit of SCANA Corporation (NYSE: SCG), was again selected in a competitive bid to serve as Georgia's regulated provider of natural gas. The regulated provider program has been a stabilizing factor in Georgia's deregulated natural gas market since 2002, and since its inception SCANA has served in that role.

(Logo: http://photos.prnewswire.com/prnh/20111004/CH80784LOGO )

"We are pleased that the Georgia Public Service Commission saw fit to retain SCANA as the regulated provider," said George Devlin, vice president and general manager of SCANA Energy. "It is yet another clear acknowledgement of the excellent service that SCANA Energy has provided to Georgia's needy customers and senior citizens."

The Georgia General Assembly mandated appointment of a regulated provider in 2002 to ensure that elderly and low-income Georgians were afforded access to natural gas service. Under the Natural Gas Consumers' Relief Act, the regulated provider offers natural gas at special rates to those who meet low-income requirements set by the Georgia Department of Human Resources. An additional discount is available for low-income senior citizens.

The regulated provider also serves as provider of last resort to natural gas customers who, due to credit problems or nonpayment, have been refused service by other marketers. Approximately 80,000 Georgians are currently receiving service under both programs.

"The Georgia Public Service Commission is intent on ensuring that every Georgia citizen has access to natural gas, regardless of their economic circumstances," said Brett Newsom, SCANA Energy's Director of Regulatory Affairs and Call Center Operations. "It has also demonstrated a long-term commitment to making sure that senior citizens and low-income Georgians have access to natural gas at affordable rates. SCANA Energy shares that commitment with members of the PSC, and will continue to deliver excellent customer service and affordable rates to Georgia's most needy citizens."

For further information, call SCANA Energy Regulated Division toll-free at 1-866-245-7742 or visit www.scanaenergyregulated.com.

Profile

SCANA Energy is a unit of SCANA Corporation. SCANA Energy is one of the largest natural gas marketers in Georgia, serving approximately 450,000 customers. SCANA Energy Regulated Division is the state's only marketer selected to serve as the regulated provider of natural gas. Information about SCANA Energy is available on the company's web site at www.scanaenergy.com.

SCANA Corporation, a Fortune 500 company headquartered in Cayce, SC, is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. The Company serves approximately 665,000 electric customers in South Carolina and more than 1.2 million natural gas customers in South Carolina, North Carolina and Georgia. Information about SCANA and its businesses is available on the Company's website at www.scana.com.

    Media Contact:            Investor Contacts:
    Simone McKinney           Iris Griffin       Byron Hinson
    (404) 760-6282            (803) 217-6642     (803) 217-5352
    (678) 575-6779 (mobile)   igriffin@scana.com bhinson@scana.com
    simone.mckinney@scana.com

SOURCE SCANA Corporation

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