The size and number of utilities and the mix of electric generation fuels, including nuclear, coal and hydro, have led to some of the region's most affordable power costs. Industrial power rates in the state average 5.74 cents per kilowatt hour, among the lowest rates in the nation (about 16% less than the national average). In addition to favorable rates, service and reliability are not sacrificed to maintain costs.
Two interstate pipeline systems and intrastate pipelines provide abundant supplies of natural gas to South Carolina's manufacturers. The rates and services are subject to regulation by the state Public Service Commission
South Carolina Electric & Gas
Since 1989, SCANA has awarded $14.4 million in economic development grants in its service territory, leveraging over $695 million in total funding and creating over 33,000 jobs. South Carolina Electric and Gas (SCE&G), a division of SCANA Corporation, SC&EG serves electricity to over 636,000 residential, commercial and industrial customers in South Carolina, and serves natural gas to over 1.2 million residential, commercial and industrial customers in South Carolina, North Carolina and Georgia. SCE&G’s electricity is generated in 18 facilities across the state and brought directly to its customers via an extensive network of transmission and distribution lines.
• Innovative pricing and energy management services
• “Power quality” assistance that can affect the operation of equipment
• Development of steam and cogeneration projects
• Consolidated billing systems
• Custom design and installation of exterior lighting
The state-owned electric and water utility and the nation's largest public electric producer provides electricity directly and distributes it through electric cooperatives across the state. The company and the electric cooperatives have worked on economic development projects resulting in more than $8.1 billion in capital investment and 43,500 new jobs since 1988.
Palmetto Electric Cooperative
Palmetto Electric Cooperative, a Touchstone Energy Partner, is one of South Carolina's customer-owned utilities. Although members receive electricity at the lowest possible cost, this is not the only benefit of cooperative membership. Members may participate in innovative programs and services tailored to meet their needs. These programs include:
- Surge Guard - reduced problems associated with lightning and power surges
- Palmetto Security Systems - the finest home, medical and fire protection services available
- Illuma Knight - Illuma Knight lighting fixtures operate automatically from dusk to dawn to deter vandalism, burglaries, and other crimes
Edisto Electric Cooperative, Inc.
Edisto Electric’s mission is to provide diversified, innovative energy and related services to its customers consistent with sound business practices, while always acting in a community-building leadership role.
Edisto Electric offers the following services:
• Internet Access
• Surge Guard for equipment protection
• Security Lighting
Bamberg Board of Public Works
The primary mission of the Bamberg Board of Public Works is to provide customers with reliable water, wastewater, electric and natural gas utilities at reasonable and competitive rates. The Bamberg Board of Public Works serves approximately 2,000 customers with one or more utilities.
The Board of Public Works strives to be an integral part in the development of the City of Bamberg as a whole. Through leadership and vision, the Bamberg Board of Public Works seeks to work with the Bamberg community to develop an industrial and economic base to provide greater opportunities for the citizens of Bamberg and the surrounding area.