Scana

Dominion Energy Inc. said the delayed opening of its Cove Point liquefied natural gas (LNG) export facility in Maryland was a drag on its guidance for the first quarter, but the company still posted a profit and was making substantial progress with its natural gas Atlantic Coast Pipeline (ACP).

The heads of Dominion Energy Inc. and Scana Corp. told South Carolina regulators that the state could either accept Dominion’s proposed $14.6 billion offer to buy Scana, or they could watch the troubled public utility potentially fall into bankruptcy.

SCANA Corp.’s South Carolina Electric & Gas Co. (SCE&G) on Tuesday filed with the Public Service Commission of South Carolina (PSC) and the South Carolina Office of Regulatory Staff for a 2.24%, or $10 million, overall natural gas base rate decrease.

SCANA Corp. principal subsidiary South Carolina Electric & Gas Co. (SCE&G) has filed with the Public Service Commission of South Carolina (PSC) for a 2.53% overall increase in its retail natural gas base rates.

SCANA Corp. subsidiary PSNC Energy has entered into a settlement agreement with staff of the North Carolina Utilities Commission (NCUC) and the Carolina Utility Customers Association that provides for an increase in PSNC Energy’s annual natural gas margin revenues of approximately $9.1 million, or 1.32% — nearly 56% less than the $20.4 million increase PSNC had requested. The settlement agreement also includes a reduction in PSNC fixed gas costs, which represents a pass-through for the company, of approximately $8.4 million and establishes an allowed return on common equity of 10.6%. The agreement also allows PSNC to implement a rate decoupling mechanism, which breaks the link between revenues and the amount of natural gas sold, allowing the company to periodically adjust its base rates based on customer consumption. If approved by the NCUC, the settlement agreement will become effective on Nov. 1. In June the NCUC approved an increase to the purchased gas component of the company’s retail natural gas rates, effective with July bills. The increase raised the company’s residential rate by 15%, taking it from approximately $1.50/therm to approximately $1.72/therm. Gastonia, NC-based PSNC distributes gas to approximately 458,000 customers in 28 North Carolina counties.

SCANA Corp. principal subsidiary South Carolina Electric & Gas Co. (SCE&G) Friday filed with the Public Service Commission of South Carolina (PSC) for a 0.87% overall increase to its retail natural gas base rates.

More than two years after the plan was initially announced, Columbia, SC-based Scana Corp. reported Wednesday that its South Carolina Pipeline Corp. (SCPC) and SCG Pipeline Inc. (SCG) subsidiaries have finally consummated their merger and will begin operating under the new name of Carolina Gas Transmission Corp. (CGT). The single interstate natural gas transportation company will have 2,032 miles of pipeline and approximately 661,000 Dth/d of firm capacity.

More than two years after the plan was initially announced, Columbia, SC-based Scana Corp. reported Wednesday that its South Carolina Pipeline Corp. (SCPC) and SCG Pipeline Inc. (SCG) subsidiaries have finally consummated their merger and will begin operating under the new name of Carolina Gas Transmission Corp. (CGT). The single interstate natural gas transportation company will have 2,032 miles of pipeline and approximately 661,000 Dth/d of firm capacity.

Scana Corp. subsidiary PSNC Energy said Tuesday that the North Carolina Utilities Commission (NCUC) has issued an order in the company’s general rate case application authorizing the utility to increase its rates and charges by $6 million annually.