Columbia, SC (WLTX) - Monday's announcement that SCE&G rates be temporarily reduced by 15 percent, lead people to question just how much their bills would be reduced by and how they would be receiving the four-months worth of rate refunds.
News 19 reached out to SCE&G about these questions and they sent us to their website, where many questions are being answered about the temporary lowered rates.
The average customer, who uses 1,000/kwh per month, will see a $22 reduction in their bill. That number could be higher or lower depending on your monthly usage.
Your refund will also come in the form of a bill credit. If you moved and ended your service with SCE&G, but were a customer between April-July of this year, you will receive a refund check at your new address.
SCE&G is required to reduce nuclear rates from now until the end of the year, as well as refunds going back to April 1, 2018. Those cuts are expected to total about $270 million.
By the end of December, the Public Service Commission is expected to establish a new permanent rate.