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Duke Energy proposes rate changes
Duke Energy Carolinas has requested a revenue increase of $168 million and an average customer rate increase of 10% in a filing with the Public Service Commission of South Carolina.
Dominion proposes alternate SCANA deal
In a new filing, the Virginia-based company says its acquisition of the Cayce utility could reduce the bills of SCANA subsidiary SCE&G ratepayers by 14% instead of 7%. That scenario would scrap a promised $1,000 upfront refund.
SCANA declares third-quarter earnings of $67M
The earnings of 47 cents per share were up from earnings of $34 million, or 24 cents per share, for the same period in 2017, when the Cayce utility absorbed a $132 loss associated with the V.C. Summer nuclear project.
Duke Energy proposes electric vehicle program
Duke Energy has proposed an electric transportation pilot program to deploy electric vehicle infrastructure in a growing market. The proposal consists of four areas designed to better understand the effects of increasing adoption of EV.
Duke Energy proposes Green Source Advantage
Duke Energy has proposed a new program to expand renewable energy options for its commercial and industrial customers in South Carolina.
Southern Current investing $16M in Marion County
The Charleston-based solar developer is investing in five new projects in Marion County. The company has invested millions in solar projects throughout the state, most recently in Orangeburg County.
Solar heats up in S.C. as business installations surge
More than $30 million in incentives has been collected from S.C. utilities for launching solar projects since 2014. And industry officials, businesses and utilities think the state should expand incentives and access to solar generation.
SCANA, Dominion file agreement in N.C.
The companies filed a stipulation agreement with the North Carolina Utilities Commission and an intervenor that the companies said ensure rate stability for customers of SCANA subsidiary PSNC Energy.
Dominion subsidiary awarded Fort Jackson contract
Dominion Privatization of South Carolina LLC has been awarded a $142M, 50-year contract to operate the electric utility system at Fort Jackson. The company will assume operation of the electric system in April 2019.
Fluor uses IBM Watson for project management
Fluor Corp. and IBM are using artificial intelligence-based systems to predict, monitor and measure the status of engineering, procurement, fabrication and construction megaprojects from inception to completion.
Power companies prepare for storm impact
Duke Energy estimates power outages in the Carolinas from Hurricane Florence could be between one million and three million customers, based on the latest storm track.
SCANA re-elects three Class I directors in annual meeting
The Cayce-based company also approved an accounting firm to audit its 2018 financial statements and approved a non-binding advisory proposal on executive compensation.
