South Carolina Electric & Gas Company resolves matter with FERC
Clients South Carolina Electric & Gas Company
Jones Day represented South Carolina Electric & Gas Company (SCE&G) in an adversary proceeding brought against SCE&G by Columbia Energy LLC, one of the debtors in the chapter 11 bankruptcy proceeding filed by the Calpine Corporation and related entities. The adversary proceeding involved a dispute between the parties regarding the proper application of certain credits against the rates for electric transmission service provided by SCE&G, and arose out of and related to proceedings between the same parties before the Federal Energy Regulatory Commission regarding credits against the transmission rates paid by Columbia to SCE&G. The matter was ultimately consensually resolved to the satisfaction of SCE&G.