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SCANA Corp. (SCG) Subsidiary SCE&G Announces Settlement Agreement

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SCE&G Announces Settlement Agreement Related to Election of Fixed Price Option and Petition to Update Construction and Capital Cost Schedules for New Nuclear Units

September 1, 2016 5:10 PM EDT

CAYCE, S.C., Sept. 1, 2016 /PRNewswire/ -- South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (NYSE: SCG), announced today that it has entered into a settlement agreement with the South Carolina Office of Regulatory Staff, the Central Electric Power Cooperative, Inc., the Electric Cooperatives of South Carolina, Inc., Frank Knapp, Jr., and South Carolina Energy Users Committee related to SCE&G's petition to update construction and capital cost schedules, including SCE&G's election of the Fixed Price Option as included in the October 2015 Amendment to its Engineering, Procurement, and... More