SCANA : South Carolina Electric & Gas Company Files for Annual Adjustment Under Natural Gas Rate Stabilization Act

SCE&G filed for the increase under the terms of the Natural Gas Rate Stabilization Act, a South Carolina law designed to reduce fluctuations in customer rates by allowing for more efficient recovery of the costs regulated utilities incur in expanding, improving and maintaining natural gas service infrastructure to meet the needs of customers.

The overall 2.34 percent increase to natural gas rates breaks out as follows:

• 3.48 percent increase for residential customers

• 1.73 percent increase for small/medium commercial customers

• 0.82 percent increase for large commercial/industrial customers

If approved, the rate increase would be effective with the first billing cycle of November. Residential natural gas customers would see their bills go up an average of about $1.88 per month based on average annual usage.

PROFILE

SCANA Corporation, headquartered in Cayce, S.C., 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 713,000 electric customers in South Carolina and approximately 1.3 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.

SCE&G is a regulated public utility engaged in the generation, transmission, distribution and sale of electricity to approximately 713,000 customers in South Carolina. The company also provides natural gas service to approximately 361,000 customers throughout the state. More information about SCE&G is available at www.sceg.com.