Recap of South Carolina Energy Policy in 2018 Legislative Session

The 2018 legislative session in South Carolina was a historic opportunity for significant, long-lasting reform in South Carolina energy policy. Here is a recap of what was proposed and what ended up passing in the 2018 session.

South Carolina PSC votes to temporarily roll back SCEG rates by 15%. Utility whines about extreme political pressure.

Today the SC Public Service Commission unanimously and without debate voted to comply with the directive of the SC Legislature. The PSC approved a 15% electric rate decrease for SCE&G customers retroactive to April 1st of this year. Before you get too excited, this past Friday SCE&G filed suit in a federal District Court to block the rate rollback saying that the legislation passed is unconstitutional. In court is exactly where we expected to be all along and why I’ve been advocating that we could and should have gotten to this point sooner.