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H. 5077
STATUS INFORMATION
House Resolution
Sponsors: Rep. Stavrinakis
Document Path: l:\council\bills\dka\4135dw10.docx
Introduced in the House on June 3, 2010
Adopted by the House on June 3, 2010
Summary: SCE&G
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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6/3/2010 House Introduced and adopted HJ-6
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
TO EXPRESS OPPOSITION TO THE RATE INCREASE REQUEST IN RETAIL ELECTRIC RATES THAT THE SOUTH CAROLINA ELECTRIC AND GAS COMPANY PLANS TO REQUEST IN MAY OR JUNE OF THIS YEAR.
Whereas, South Carolina is presently suffering one of the worst economic climates in its history; and
Whereas, December's unemployment rate in South Carolina was 12.3 percent, one of the highest in the nation; and
Whereas, presently South Carolina and Electric and Gas Company's (SCE&G) current cost of electricity for a residential customer is the highest of the state's major electric companies; and
Whereas, the announcement by SCE&G runs counter to the national pricing trend of electric rates; and
Whereas, the federal Energy Information Administration has projected that energy costs are going down with the cost of coal and natural gas expected to fall during the year 2010; and
Whereas, in light of these unprecedented economic times, SCE&G should not make a rate increase request to help customers recover from the stress the economy has placed on customers' jobs, families, and lives. Now, therefore,
Be it resolved by the House of Representatives:
That the members of the South Carolina House of Representatives express their opposition to the rate increase request in retail electric rates that the South Carolina Electric and Gas Company plans to request in May or June of this year.
Be it further resolved that a copy of this resolution be forwarded to the President and CEO of SCANA Corporation, the corporate parent of SCE&G.
This web page was last updated on June 8, 2010 at 11:24 AM