The ‘small bites’ empty promise by SC utilities

By: Frank Knapp

Outlets: South Carolina Daily Gazette

Published: March 30, 2026

Words: 647

Last Updated: 4 months ago

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It wasn’t supposed to go like this.

Last year, the investor-owned utilities serving South Carolina promised the state Legislature that if they were just allowed to raise rates incrementally every year, there would be no need for large rate increases every three to five years in general rate cases.

The utilities wanted a Rate Stabilization Act which would allow annual rate adjustments so they could achieve their return on equity (i.e. profit) that the …

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