Gastonia, N.C., March 20, 2009 … PSNC Energy, a subsidiary of SCANA Corporation (NYSE: SCG) announced today that the North Carolina Utilities Commission has approved the company’s four conservation programs: a rebate program for customers who replace existing natural gas appliances with more efficient natural gas equipment; an in-home energy audit program; discount rates for homes and businesses that meet certain energy efficiency standards; and a conservation education program designed for elementary students.
“Our customers have consistently demonstrated their interest in conserving energy,” said PSNC Energy President and Chief Operating Officer Rusty Harris. “With these programs in place, we can now better support their efforts.”
As part of the company’s 2008 rate case order issued by the North Carolina Utilities Commission, PSNC Energy is allowed to recover $750,000 of expenditures incurred from implementing its conservation initiatives.
PSNC Energy plans to begin offering its rebate program later this spring and will roll out the energy audit and conservation education programs this coming fall. The discount rates take effect immediately.
High Efficiency Discount Rates: Discount rates will be available to qualifying residential and commercial customers. Each discount rate will offer a $0.05 discount per therm off the otherwise applicable billing rate. Rate Schedule 102 is for the residential customer whose home meets the U.S. Department of Energy/Environmental Protection Agency’s ENERGY STAR® home certification standards. Rate Schedule 127 is for any commercial customer whose building meets the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) certification.
In Home Energy Audit: This program will be offered to residential customers whose homes have natural gas heat or natural gas water heat and were built before April 15, 1993. There is a $25 fee for this service, and customers may choose to apply it towards the purchase of any weatherization materials and equipment from PSNC Energy if an audit recommends remediation measures.
Energy Efficient Equipment Rebate: This program will provide rebates to residential and commercial customers who purchase qualifying energy efficient heating or water heating equipment to replace existing natural gas-fired equipment.
Conservation Education: This program is designed to introduce elementary students to the uses of natural gas and the benefits of conservation and energy efficiency.
PSNC Energy, headquartered in Gastonia, N.C., is franchised to serve a 28-county service area in North Carolina. The utility distributes natural gas to approximately 470,000 customers in 96 cities and communities, including the Raleigh, Durham, and Chapel Hill areas in the north central part of the state; the Concord, Statesville, Gastonia, and Forest City areas in the Piedmont; and the Asheville, Hendersonville, Brevard, and Sylva areas in the western part of the state. More information about PSNC Energy is available through the company's Web site at www.psncenergy.com.
SCANA Corporation, a Fortune 500 company headquartered in Columbia, South Carolina, is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. The company serves approximately 646,000 electric customers in South Carolina and more than 1.2 million natural gas customers in South Carolina, North Carolina and Georgia. Information about SCANA and its businesses is available on the company’s Web site at www.scana.com.