Merger Provides Greater Access to Renewables & More Utility Transparency
SCSBA Secures Settlement Between Dominion Energy and SCE&G;
Merger Includes Greater Access to Renewables, More Utility Transparency
COLUMBIA, SC — The South Carolina Solar Business Association (SCSBA) has entered into a merger agreement with SCE&G and Dominion Energy in support of the two companies’ merger.
Working on behalf of its members, The SCSBA issued a statement that the merger: “Provides a positive path forward for everyone: for traditional utility companies and renewable companies, and most importantly for all power customers. The settlement increases competition and calls for more transparency. This agreement benefits both businesses and consumers within SCE&G’s service territory. SCSBA leadership feels this agreement is a move toward creating a level playing field and strengthening South Carolina’s energy future.”
SCSBA leadership cited two other organizations – the Southern Environmental Law Center and the South Carolina Office of Regulatory Staff – as being instrumental in representing the needs of consumers, environmentalists and others during the merger negotiations. They also lauded Dominion Energy for its willingness to negotiate in good faith with all parties. “It was a vigorous give and take,” said Bret Sowers, Chairman of the SCSBA board.
This merger approved Friday by the SC Public Service Commission established higher standards for utility operations in South Carolina and entails a number of improvements to utility practices in South Carolina, including a set of renewable energy supporting standards as part of the ongoing negotiations.
“South Carolina consumers should expect that any utility operating in the Palmetto State will be held to industry best practices. The SC Solar Business Alliance believes this settlement agreement is a significant step in that direction,” concluded the SCSBA statement.
The SCSBA’s mission is to create a positive business environment for solar energy in South Carolina by advocating for legislative and regulatory changes to existing barriers.
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