S.C. Code § 58-27-2720
Orders and proceedings pursuant to Section 58-27-2710
South Carolina · South Carolina Code Title 58, Chapter 27 — Electric Utilities and Electric Cooperatives · Status: effective
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- S.C. Code § 58-27-2720, Orders and proceedings pursuant to Section 58-27-2710, South Carolina, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1592893
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Full text
In issuing its order pursuant to Section 58-27-2710, and in addition to the other requirements of Section 58-27-2710, if a proceeding pursuant to that section is required, then:
(1) the commission shall specify a range for the utility's cost of equity that includes a band of fifty basis points (0.50 percentage points) below and fifty basis points (0.50 percentage points) above the cost of equity on which rates have been set; and
(2) the commission separately shall state the amount of the utility's net plant in service, construction work in progress, accumulated deferred income taxes, inventory, working capital, and other rate base components. It also shall state the utility's depreciation expense, operating and maintenance expense, income taxes, taxes other than income taxes, other components of income for return, revenues, capital structure, cost of debt, overall cost of capital, and earned return on common equity. The figures stated shall be those which the commission has determined to be the appropriate basis on which rates were set in the applicable orders.