South Carolina Electric & Gas Company · Columbia, SC United States
Company Description
Phone: 803-217-9000
Fax: 803-217-8825
Toll Free: 800-251-7234
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This link will open in a new window South Carolina Electric & Gas (SCE&G) is a regulated utility with 649,600 electricity and 307,200 natural gas customers in the Palmetto State. The utility, a subsidiary of SCANA , owns 24,500 miles of power distribution lines and more than 15,700 miles of gas transmission mains; it also operates fossil-fueled, nuclear, and hydroelectric power generation facilities with 5,695 MW of capacity. SCE&G purchases additional power from other independent generators and utility companies, including SCANA-owned affiliate South Carolina Generating, and it sells wholesale power to other utilities and marketers. To read the full description, subscribe now.
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Key South Carolina Electric & Gas Company Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $2,816.0 |
| Employees | 3,086 |
South Carolina Electric & Gas Company Executives
22 executives listed for South Carolina Electric & Gas Company's Columbia, SC location.
| Title | Name & Bio | Contact |
| President and COO | Kevin Marsh | Network |
| Chief Nuclear Officer | Stephen Byrne | Network |
| SVP Transmission Services | Paul Fant | Network |
Competition
Competitive Landscape for South Carolina Electric & Gas Company
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top South Carolina Electric & Gas Company Competitors
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