In her May 31 letter, SCE&G always gets its way, Donna Stewart stated that she read her electric meter and found that she was being overcharged. The overcharge is due to the weather normalization adjustment in which the Public Service Commission allows SCE&G to increase the rate over the approved rate when the weather is mild. It can also decrease the rate when the weather is severe, which hardly ever happens.
SCE&G hides the weather normalization adjustment on the bill, making it difficult for the customer to know exactly how the increase affects the bill. (For the past 18 months, the adjustment has caused an increase in my bill of $300.) It is a sorry state of affairs when the PSC has approved so many rate increases for SCE&G that it has the highest rates in South Carolina and among the highest in the nation.
These rate increases have benefitted SCE&G so much that SCANA CEO K.B. Marsh makes almost $5 million, up from $2.6 million in 2011. The other top five executives of SCANA, SCE&Gs parent company, make from $1.2 million to $2.1 million.
I picked up The State June 1 and read that SCE&G is asking for another 3.1 percent rate hike. Unbelievable. SCE&G officials should hang their heads in shame. If the PSC approves another rate hike in spite of public testimony, it should be investigated. We need a PSC that is independent, smart, honest and unafraid to stand up to SCE&Gs powerful lobby.