SCANA Corporation, through its subsidiaries, engages in the generation and sale of electricity to wholesale and retail customers in South Carolina; and in the purchase, sale and transportation of natural gas to wholesale and retail customers in South Carolina, North Carolina, and Georgia. The company also conducts other energy-related business and provides fiber optic communications in South Carolina. Segments Regulated Utilities This segment includes the company’s subsidiaries, such as South Carolina Electric & Gas Company (SCE&G); South Carolina Fuel Company, Inc. (Fuel Company); South Carolina Generating Company, Inc. (GENCO); and Public Service Company of North Carolina, Incorporated (PSNC Energy). SCE&G engages in the generation, transmission, distribution and sale of electricity to approximately 688,000 customers and the purchase, sale and transportation of natural gas to approximately 338,000 customers (each as of December 31, 2014). SCE&G’s business experiences seasonal fluctuations, with generally higher sales of electricity during the summer and winter months because of air conditioning and heating requirements, and generally higher sales of natural gas during the winter months due to heating requirements. SCE&G’s electric service territory extends into 24 counties covering approximately 17,000 square miles in the central, southern and southwestern portions of South Carolina. The service area for natural gas encompasses all or part of 36 counties in South Carolina and covers approximately 23,000 square miles. Resale customers include municipalities, electric cooperatives, other investor-owned utilities, registered marketers, and federal and state electric agencies. Primary industries served by SCE&G include chemicals, educational services, paper products, food products, lumber and wood products, health services, textile manufacturing, rubber and miscellaneous plastic products, and fabricated metal products. GENCO owns Williams Station and sells electricity, pursuant to a FERC (the United States Federal Energy Regulatory Commission)-approved tariff, solely to SCE&G under the terms of a power purchase agreement and related operating agreement. Fuel Company acquires, owns, and provides financing for SCE&G's nuclear fuel, certain fossil fuels and emission allowances. PSNC Energy purchases, sells and transports natural gas to approximately 521,000 residential, commercial and industrial customers (as of December 31, 2014). PSNC Energy serves 28 franchised counties covering approximately 12,000 square miles in North Carolina. The primary industries served by PSNC Energy include educational services, food products, health services, automotive, chemicals, non-woven textiles, electrical generation and construction. Nonregulated Businesses This segment includes the company’s subsidiary, SCANA Energy Marketing, Inc. (SEMI), which markets natural gas primarily in the southeast and provides energy-related services. SCANA Energy, a division of SEMI, sells natural gas to approximately 459,000 customers (as of December 31, 2014, and includes approximately 66,000 customers in its regulated division) in Georgia’s natural gas market. SCANA Energy’s total customer base represents an approximately 30% share of the approximately 1.6 million customers in Georgia’s deregulated natural gas market. The company’s another subsidiary, SCANA Services, Inc., provides primarily administrative and management services to the company’s other subsidiaries. Dispositions In January 2015, the company sold its subsidiary, Carolina Gas Transmission Corporation, an open access, transportation-only interstate pipeline company. In February 2015, the company sold its subsidiary, SCANA Communications, Inc., which owned and operated a fiber optic telecommunications network, Ethernet network, and data center facilities in South Carolina. Regulation SCE&G has obtained FERC authority to issue short-term indebtedness and to assume liabilities as a guarantor (pursuant to Section 204 of the Federal Power Act). SCE&G holds licenses under the Federal Power Act for each of its hydroelectric projects. History SCANA Corporation, a South Carolina corporation, was founded in 1924.
scana corp (SCG:New York)
100 SCANA Parkway
Cayce, SC 29033
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