The Traderszone Network

Published in TZ Latest News 27 October, 2014 by The TZ Newswire Staff

South Carolina Utility Scana Grows Profits Above Plan

Scana, the key energy utility in South Carolina and parts of North Carolina and Georgia, has recently exceeded its long-term profit goals of 3% to 6% growth annually over the next three to five years. In July, Scana (SCG) — owner of the South Carolina Electric & Gas Company (SCE&G) — announced a 13% increase in earnings to 68 cents a share. It followed a 23% pickup in the first quarter.

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