Frequently Asked Questions
How often can an investor-owned electric utility raise it rates?
A utility can file a request for a ‘general’ increase in rates and charges only once in a twelve-month period. In addition, state law requires a public review every twelve months of each utility’s fuel expenses, which may result in an increase, a decrease, or no change in a company’s base rates.
How were the retail service areas established for the electric companies in South Carolina?
In order to provide for the orderly provision of electric service while minimizing duplication of facilities, legislation was passed in 1969 that required the assignment of areas outside the corporate limits of municipalities to the electric cooperatives or the investor-owned utilities in South Carolina. Areas were generally agreed upon by the suppliers and exclusive territories were subsequent ly assigned by the SC Public Service Commission. A separate statute provides for retail service by the South Carolina Public Service Authority (Santee Cooper) in portions of Berkeley, Georgetown, and Horry Counties. Rate differentials among electric suppliers were specifically excluded by the legislation as a consideration in determining area assignments.