|Type||Public (NYSE: SCG)|
|Headquarters||1426 Main St.|
Columbia, SC 29201
|Area served||GA, NC, SC|
|Key people||William B. Timmerman, CEO|
|Industry||Electric Producer, Distributor & Utility|
Natural Gas Distributor & Utility
|Products||Electricity, Natural Gas|
|Revenue||$4.62 billion (2007)|
|Net income||▲ $320.0 million (2007)|
|Subsidiaries||South Carolina Electric & Gas|
Carolina Gas Transmission
SCANA Corporation is a Fortune 500 energy-based holding company, based in Columbia, South Carolina, whose businesses include regulated electric and natural gas utility operations and other energy-related businesses. SCANA's subsidiaries serve approximately 660,000 electric customers in South Carolina and more than one million natural gas customers in South Carolina, North Carolina and Georgia.
Ties to the American Legislative Exchange Council
ALEC is a corporate bill mill. It is not just a lobby or a front group; it is much more powerful than that. Through ALEC, corporations hand state legislators their wishlists to benefit their bottom line. Corporations fund almost all of ALEC's operations. They pay for a seat on ALEC task forces where corporate lobbyists and special interest reps vote with elected officials to approve “model” bills. Learn more at the Center for Media and Democracy's ALECexposed.org, and check out breaking news on our PRWatch.org site.
Out of its total 6,281 MW of electric generating capacity in 2005 (0.59% of the U.S. total), SCANA produced 45.9% from coal, 26.6% from natural gas, 15.1% from nuclear, 12.1% from hydroelectricity, and 0.3% from oil. SCANA owns power plants in Georgia and South Carolina; 99.7% of the company's generating capacity comes from power plants in South Carolina.
Existing coal-fired power plants
|Plant Name||State||County||Year(s) Built||Capacity||2007 CO2 Emissions||2006 SO2 Emissions|
|Wateree||SC||Richland||1970, 1971||772 MW||4,664,000 tons||32,797 tons|
|Williams||SC||Berkeley||1973||633 MW||3,566,000 tons||28,147 tons|
|Canadys||SC||Colleton||1962, 1964, 1967||490 MW||2,948,000 tons||22,984 tons|
|Cope||SC||Orangeburg||1996||417 MW||3,776,000 tons||2,603 tons|
|McMeekin||SC||Lexington||1958||294 MW||1,475,000 tons||15,138 tons|
|Urquhart||SC||Aiken||1955||100 MW||801,000 tons||10,744 tons|
In 2006, SCANA's 6 major coal-fired power plants emitted 17.2 million tons of CO2 and 112,000 tons of SO2 (0.75% of all U.S. SO2 emissions).
May 2012: Retirement and fuel conversion plans announced
On May 30, 2012, SCANA subsidiary SCE&G announced plans to retire up to six coal-fired generating units at three locations by the end of 2018. The units range in age from 45 to 57 years and are the utility's oldest and smallest coal-fired units. The announcement included the following:
- Retirement of Unit 1 at the Canadys Station by the end of 2012
- Switching Unit 3 at the Urquhart Station from coal to natural gas by the end of 2012
- Planned switching of Units 1 and 2 at the McMeekin Station (both units) and Units 2 and 3 at the Canadys Station from coal to natural gas by 2015
- Planned retirement of the remaining two units (Units 2 and 3) at Canadys by the end of 2017
- Planned retirement of both Units 1 and 2 at the McMeekin Station by the end of 2018
- Planned retirement of Unit 3 at Urquhart by the end of 2018
Passing the costs of greenhouse gas regulation along
In its 2010 annual report, SCANA noted that the U.S. Environmental Protection Agency had introduced a rule to regulate greenhouse gases under the Clean Air Act. The company noted that on May 13, 2010 the EPA finalised "the GHG Tailoring Rule, which sets thresholds for GHG emissions that define when permits under the New Source Review, the Prevention of Significant Deterioration, and the Title V Operation Permits programs are required for new and existing facilities (such as SCE&G’s and GENCO’s generating facilities). The Company expects that any costs incurred to comply with GHG emission requirements will be recoverable through rates."
The company also stated that a June 2010 EPA rule for a one-hour ambient air quality standard for sulfur dioxide emissions would have an impact on the McMeekin Station. "Initial evaluation of this new standard," the company stated, "indicated that SCE&G’s McMeekin Station in Lexington County may be required to reduce its sulfur dioxide emissions to a level determined by EPA and/or DHEC. The costs incurred to comply with this new standard are expected to be recovered through rates."
In 1927, the Lexington Water Power Company received a license to build a dam on the Saluda River northwest of Columbia. Saluda Dam, which created the 50,000-acre (202 km²) Lake Murray, was the largest man-made barrier built for power production in the world when completed in 1930. In addition, the project provided desperately needed jobs in the lean years leading up to and beyond the stock market crash of 1929 and the beginning of the Great Depression.
In 1937, the Broad River Power Company changed its name to South Carolina Electric & Gas Company. It remains SCANA Corporation's principal subsidiary today. Five years later, Lexington Water Power Company merged with SCE&G. Today, SCE&G, is a regulated public utility engaged in the generation, transmission, distribution and sale of electricity to nearly 620,000 retail and wholesale customers in a service area covering more than 15,000 square miles in the central, southern and southwestern portions of South Carolina. The company is also engaged in the purchase and sale of natural gas, primarily at retail, to approximately 291,000 customers in a service area covering more than 22,000 square miles in central and southern South Carolina.
Carolina Gas Transmission
Formed in November 2006, CGTC is an interstate natural gas pipeline in South Carolina and Georgia regulated by the Federal Energy Regulatory Commission. Its precessors were the South Carolina Pipeline Company and SCG Pipeline Company. CGTC receives gas from Southern Natural Gas Company, Transcontinental Gas Pipe Line Corporation and the Southern LNG terminal at Elba Island, Georgia.
Public Service Company of North Carolina
PSNC Energy is a regulated public utility engaged primarily in purchasing, transporting, distributing and selling natural gas to approximately 425,000 customers in the north central, Piedmont and western areas of North Carolina. Its headquarters is in Gastonia, North Carolina.
SCANA Energy Marketing, Inc
Based in Atlanta, SCANA Energy is the second largest marketer of natural gas in Georgia, serving more than 475,000 customers. The company has a regulated unit, SCANA Energy Regulated Division, selected by the Georgia Public Service Commission to serve as the state’s only regulated natural gas provider.
SCANA Communications offers a wide range of communications solutions in South Carolina, North Carolina and Georgia. The company operates fiber optic LONG-HAUL and ACCESS networks throughout South Carolina and in parts of North Carolina and Georgia, and leverages the fiber of its partners, Palmetto Net and FRC, which are regional Interexchange carriers.
Customers include telecom carriers and large retail businesses, including all of the major long distance and cellular carriers.
220 Operation Way
Cayce South Carolina 29033-3701
Articles and Resources
- SCANA Corp., BusinessWeek Company Insight Center, accessed Aug. 2008.
- SCANA Corporation, "Company Profile", SCANA Corporation website, accessed April 2010.
- "Dominion completes buyout of SCANA after 17-month nuclear fiasco". thestate. Retrieved 2019-01-27.
- Clearinghouse on Environmental Advocacy and Research, project of the Environmental Working Group, Information of the American Legislative Exchange Council, archived organizational profile, archived by Wayback Machine December 2, 2000, accessed August 19, 2011
- Existing Electric Generating Units in the United States, 2005, Energy Information Administration, accessed April 2008.
- Environmental Integrity Project, Dirty Kilowatts: America’s Most Polluting Power Plants, July 2007.
- Dig Deeper, Carbon Monitoring for Action database, accessed Aug. 2008.
- "SCE&G Announces Plans to Retire a Portion of its Coal-fired Generation," SCE&G press release, May 30, 2012
- SCANA Corporation, 10K 2010 Annual Report, U.S. Securities and Exchange Commission, March 2011, page 28.