DALLAS, Dec. 21, 2018 /PRNewswire/ -- Swank Capital, LLC, and Cushing^® Asset Management, LP, announce today the upcoming rebalancing of The Cushing^® Utility Index (the "Index") as part of normal index operations. After the markets close on December 31, 2018, the constituents of the Index will be rebalanced, and the following changes will become effective on January 2, 2019:

Constituents added:
CNX Midstream Partners LP (NYSE: CNXM)
Crestwood Equity Partners LP (NYSE: CEQP)
Shell Midstream Partners, L.P. (NYSE: SHLX)

Constituents removed:
AmeriGas Partners, L.P. (NYSE: APU)
Dominion Energy Midstream Partners, LP (NYSE: DM)
EnLink Midstream Partners, LP (NYSE: ENLK)
SCANA Corporation (NYSE: SCG)

ABOUT THE CUSHING^® UTILITY INDEX

The Cushing^® Utility Index tracks the performance of widely held companies engaged in electric, gas and water utility services as well as master limited partnerships (MLPs) engaged in storage and transportation of oil, natural gas, coal and consumable fuels. Constituents of the Index are weighted based on current yield. The Index price level is calculated by S&P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker "CUTI".

ABOUT CUSHING^® ASSET MANAGEMENT AND SWANK CAPITAL

Cushing^® Asset Management, LP ("Cushing"), a subsidiary of Swank Capital, LLC, is an SEC-registered investment adviser headquartered in Dallas, Texas. Cushing serves as investment adviser to affiliated funds and managed accounts which invest primarily in securities of midstream energy infrastructure companies and other natural resource companies.

Cushing is also dedicated to serving the needs of investors by sponsoring a variety of benchmarks, including The Cushing^® 30 MLP Index (Bloomberg Ticker: MLPX), The Cushing^® 30 MLP Market Cap Index (Bloomberg Ticker: CMCI), The Cushing^® MLP High Income Index (Bloomberg Ticker: MLPY), The Cushing^® Energy Index (Bloomberg Ticker: CENI), The Cushing^® Energy Supply Chain Index (Bloomberg Ticker: CSCI) and The Cushing^® Transportation Index (Bloomberg Ticker: CTRI). For more information, please visit http://www.cushingasset.com/indices.

Contact:
Judson Redmond
214-692-6334
www.cushingasset.com

The Cushing^® Utility Index (the "Index") is the exclusive property of Swank Capital, LLC, and Cushing Asset Management, LP, which have contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) ("S&P Dow Jones Indices") to calculate and maintain the Index. S&P^® is a registered trademark of Standard & Poor's Financial Services LLC ("SPFS"); Dow Jones^® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and, these trademarks have been licensed to S&P Dow Jones Indices. "Calculated by S&P Dow Jones Indices" and its related stylized mark(s) have been licensed for use by Cushing Asset Management, LP. Neither S&P Dow Jones Indices, SPFS, Dow Jones nor any of their affiliates sponsor and promote the Index and none shall be liable for any errors or omissions in calculating the Index.

CUSH-CUTI

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SOURCE Cushing Asset Management, LP; Swank Capital, LLC

RICHMOND, Va. and CAYCE, S.C., Dec. 14, 2018 /PRNewswire/ -- Today the Public Service Commission of South Carolina (SCPSC) voted to approve the merger between Dominion Energy, Inc. (NYSE: D) and SCANA Corporation (NYSE: SCG) with conditions to be outlined later as part of a written order that is to be issued by Dec. 21, 2018. The SCPSC also approved a customer benefits plan that reduces customer bills below current levels, consistent with the companies' proposal.

Said the companies:

"Dominion Energy and SCANA are pleased with today's action of the Public Service Commission of South Carolina after an open, thorough and inclusive public process. We look forward to reviewing an order when it's issued."

Said Thomas F. Farrell, II, chairman, president and chief executive officer of Dominion Energy:

"Dominion Energy is encouraged by the Commission's vote and awaits an order to review prior to making a final decision to close the merger with SCANA. We are pleased with the opportunity to increase our presence in communities served by SCANA, expand our involvement in charitable giving and implement an EnergyShare-like program in South Carolina to assist low-income, elderly, disabled and veteran customers."

Said SCANA CEO Jimmy Addison:

"We are pleased that today's decision brings us one step closer to a final resolution and the certainty that stakeholders have been hoping for. We look forward to reviewing the details of the Commission's final written order when it is issued."

About Dominion Energy
Nearly 6 million customers in 19 states energize their homes and businesses with electricity or natural gas from Dominion Energy, headquartered in Richmond, Va. The company is committed to sustainable, reliable, affordable, and safe energy and is one of the nation's largest producers and transporters of energy with nearly $80 billion of assets providing electric generation, transmission and distribution, as well as natural gas storage, transmission, distribution, and import/export services. As one of the nation's leading solar operators, the company intends to reduce its carbon intensity 50 percent by 2030. Through its Dominion Energy Charitable Foundation, as well as EnergyShare and other programs, Dominion Energy plans to contribute more than $30 million in 2018 to community causes throughout its footprint and beyond. Read about Dominion Energy and visit us on Facebook or Twitter.

About SCANA
SCANA Corporation, headquartered in Cayce, S.C., is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. Information about SCANA and its businesses is available on the company's website at www.scana.com.

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SOURCE Dominion Energy

CAYCE, S.C., Nov. 24, 2018 /PRNewswire/ -- Plaintiffs Richard Lightsey, LeBrian Cleckley, and Phillip Cooper have reached an agreement with SCANA Corporation and South Carolina Electric & Gas Company to settle a lawsuit filed in the state Court of Common Pleas in Hampton County on behalf of themselves and current and former SCE&G electric customers.  The settlement addresses these customers' claims and the Attorney General's arguments related to the Base Load Review Act ("BLRA").  SCANA and SCE&G deny the allegations made in the lawsuit, but have agreed to resolve this matter.

SCANA and SCE&G have agreed to a Common Benefit Fund comprised of the following amounts, to be distributed to the class members:

1)  A credit of up to $2,000,000,000.00 in future electric rate relief will inure to the benefit of the Common Benefit Fund in favor of class members over a period of time established in the proceeding pending before the Public Service Commission of South Carolina (the PSC); and 

2)  A cash payment of $115,000,000.00, which will include the full value of the SCANA rabbi trust funded in January 2018 that was created in whole or in part for executive change-in-control payments; and

3)  Transfer of SCE&G owned real estate or sales proceeds from the sale of real properties, including among others, the Ramsey Grove Plantation; the original Charleston Gas & Light Building at 141 Meeting Street in Charleston; and certain Otarre properties in Cayce.

Distribution of any settlement funds is subject to court approval, as well as a final order by the PSC approving a merger between SCANA Corporation and Dominion Energy, and a closing of the proposed merger between the parties.

Affected current and former SCE&G customers will receive information regarding their rights under the settlement.  Eligible settlement class members will receive compensation in the form of a bill credit or a payment of an amount to be distributed by a court-approved class action administrator.  Upon the approval of the settlement announced today, the lawsuit will be dismissed by agreement and the claims of SCE&G ratepayers will be resolved.

Former United States Attorney, and lead counsel for the certified class, J. Preston Strom, Jr., had the following to say about the terms of this settlement: "In reaching this agreement, we have been able to secure more than $ 2 billion in relief and accountability for the people of South Carolina. We thank the Attorney General's office for their hard work throughout this case and particularly in securing the return of funds set aside for executive bonus payments to the ratepayers."

Attorney General Alan Wilson issued the following statement: "The settlement reached today is the result of countless hours of work by our office seeking to make SCE&G customers whole for the abandonment of the failed V.C. Summer nuclear project.  I am proud of the hard work of my entire team in bringing about this result, starting with the aggressive posture of Solicitor General Bob Cook regarding constitutional issues related to the Base Load Review Act, and continuing through tough settlement negotiations to bring resolution to civil matters related to these issues."

"At all times, our goal has been to look out for the ratepayer and see that justice is done.  We believe that this settlement, which encompasses over $2 billion in benefits, is the largest of its kind in the history of South Carolina. The settlement resolves the injury that SCE&G customers suffered under the Base Load Review Act by refunding revised rates previously collected.  We also required that the entirety of the SCANA rabbi trust, which had a number of financial benefits for senior managers of SCE&G, be made available for the payment of obligations of the company."

"This milestone ends our pursuit for restitution to ratepayers, but does not end our inquiry into the individual actors that may have contributed to the project's failure. We want to acknowledge the hard work of the private lawyers who zealously fought for the interests of ratepayers as well through various lawsuits filed on the behalf of SCE&G ratepayers."

"Additionally, we want to thank Dominion Energy for its willingness to provide the financial resources necessary to make this restitution. It is important to note that Dominion Energy was not involved in the creation of this situation, and we appreciate its role in finding a resolution that serves the best interests of SCE&G ratepayers."

Jim Stuckey, SCANA's Senior Vice President and General Counsel, issued the following statement:  "We are pleased that we were able to achieve a mutually acceptable resolution of this matter so that we can keep our focus on moving forward with the merger with Dominion Energy."

The State of South Carolina was represented in this matter by Attorney General Alan Wilson.  Class Counsel are J. Preston Strom, Jr.; John R. Alphin, Jessica L. Fickling,  Mario A. Pacella; and Bakari T. Sellers, of Strom Law Firm, LLC; Terry Richardson, Edward Westbrook, and Daniel S. Haltiwanger, of Richardson, Patrick, Westbrook & Brickman, LLC in Barnwell; Dan Speights and A.G. Solomons, III of Speights and Solomons in Hampton; J. Edward Bell of the Bell Legal Group, LLC in Georgetown; James L. Ward, Jr., and Whitney B. Harrison of McGowan, Hood & Felder, LLC; Vincent Sheheen of Savage, Royall, & Sheheen, L.LP.; and Gregory Galvin of the Galvin Law Group.  SCE&G and SCANA are represented by David Balser and Jon Chally of King & Spalding LLP in Atlanta, GA; Leah B. Moody of the Moody Law Firm in Rock Hill, SC; and Jamie Becker and Bob Knowlton of Haynsworth Sinkler Boyd in Columbia, SC.

PROFILE
SCANA Corporation, headquartered in Cayce, SC, is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. Information about SCANA and its businesses is available on the Company's website at www.scana.com.

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SOURCE SCANA Corporation

RICHMOND, Va. and CAYCE, S.C., Nov. 19, 2018 /PRNewswire/ -- The proposed combination of Dominion Energy, Inc. (NYSE : D) and SCANA Corporation (NYSE : SCG) has received the approval of the North Carolina Utilities Commission. It is the sixth of seven approvals necessary to close the merger. 

The merger previously received approval from SCANA's shareholders, the Federal Energy Regulatory Commission, the Georgia Public Service Commission, the Nuclear Regulatory Commission and early termination by the Federal Trade Commission of the 30-day waiting period under the federal Hart-Scott-Rodino Antitrust Improvements Act. The merger remains contingent upon approval from the Public Service Commission of South Carolina, which has been holding evidentiary hearings since Nov. 1, 2018. A decision is expected by Dec. 21, 2018.  

If the combination is completed, as expected, around the end of the year, the combined company would deliver energy to approximately 6.5 million regulated customer accounts and have an electric generating portfolio of about 33,000 megawatts and 93,600 miles of electric transmission and distribution lines. It also would have a natural gas pipeline network totaling 106,400 miles and operate one of the nation's largest natural gas storage systems with 1 trillion cubic feet of capacity.

About Dominion Energy
Nearly 6 million customers in 19 states energize their homes and businesses with electricity or natural gas from Dominion Energy, headquartered in Richmond, Va. The company is committed to sustainable, reliable, affordable, and safe energy and is one of the nation's largest producers and transporters of energy with nearly $80 billion of assets providing electric generation, transmission and distribution, as well as natural gas storage, transmission, distribution, and import/export services. As one of the nation's leading solar operators, the company intends to reduce its carbon intensity 50 percent by 2030. Through its Dominion Energy Charitable Foundation, as well as EnergyShare and other programs, Dominion Energy plans to contribute more than $30 million in 2018 to community causes throughout its footprint and beyond. Read about Dominion Energy and visit us on Facebook or Twitter.

About SCANA
SCANA Corporation, headquartered in Cayce, S.C., is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. Information about SCANA and its businesses is available on the company's website at www.scana.com.

Forward-looking statements
This release contains statements that constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995.  The statements relate to, among other things, expectations, estimates and projections. We have used the words "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "outlook," "predict," "project," "should," "strategy," "target," "will," "would," "potential" and similar terms and phrases to identify forward-looking statements in this release. Factors that could cause actual results to differ include, but are not limited to: the expected timing and likelihood of completion of the proposed acquisition of SCANA; the risk that Dominion Energy or SCANA may be unable to obtain necessary regulatory approvals for the transaction or required regulatory approvals may delay the transaction or cause the parties to abandon the transaction; the risk that conditions to the closing of the transaction may not be satisfied; or the risk that an unsolicited offer for the assets or capital stock of SCANA may interfere with the transaction. Other risk factors for Dominion Energy's and SCANA's businesses are detailed from time to time in Dominion Energy's and SCANA's quarterly reports on Form 10-Q or most recent annual report on Form 10-K filed with the Securities and Exchange Commission (SEC).

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SOURCE Dominion Energy

CAYCE, S.C., Oct. 31, 2018 /PRNewswire/ -- The Public Service Commission of South Carolina (SCPSC) will be live streaming the hearing in regards to the Joint Application and Petition of South Carolina Electric & Gas Company, principal subsidiary of SCANA Corporation (NYSE: SCG), and Dominion Energy, Inc. (NYSE: D) beginning November 1, 2018 until its conclusion. The link to the live stream can be found on the SCPSC's website at http://www.psc.sc.gov.

PROFILE

SCANA Corporation, headquartered in Cayce, SC, is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. Information about SCANA and its businesses is available on the company's website at www.scana.com.

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SOURCE SCANA Corporation

CAYCE, S.C., Oct. 25, 2018 /PRNewswire/ -- SCANA Corporation (NYSE: SCG) today announced earnings for the third quarter of 2018 of $67 million, or 47 cents per share, compared to earnings of $34 million, or 24 cents per share, for the third quarter of 2017.  Earnings for the third quarter of 2017 included the effects of an impairment loss of $132 million, net of taxes, or earnings per share of 92 cents, associated with the VC Summer new nuclear construction project.  Electric revenues in the third quarter of 2018 were reduced by approximately $101 million, or earnings per share of 56 cents, as a result of the order issued by the Public Service Commission of South Carolina (SCPSC) in response to the passage of Act 258 by the South Carolina General Assembly.  Higher legal costs and financial advisory fees, as well as the impact of tax reform at the holding company due to the non-deductibility of interest expense also had a negative impact on earnings for the third quarter of 2018. 

For the first nine months of 2018, SCANA reported earnings of $244 million, or earnings per share of $1.71, compared to $326 million, or earnings per share of $2.28, for the same period in 2017.

FINANCIAL RESULTS BY MAJOR LINES OF BUSINESS

South Carolina Electric & Gas Company

South Carolina Electric & Gas Company (SCE&G), SCANA's principal subsidiary, reported third quarter 2018 earnings of $104 million, or 72 cents per share, compared to earnings of $42 million, or 29 cents per share for the third quarter of 2017.  As mentioned above, 2017's results reflect an impairment loss associated with the VC Summer new nuclear construction project recorded during the third quarter of 2017, while 2018's results reflect a reduction in electric revenues associated with the order issued by the SCPSC in response to the passage of Act 258 by the South Carolina General Assembly.  Otherwise, decreases in operations in maintenance expenses were more than offset by increases in interest expense and depreciation.  Additionally, 2018 electric and gas revenues were reduced to reflect estimated amounts subject to refunds to customers as a result of tax reform, with such reductions generally offset by lower income taxes.   Abnormal weather increased electric revenues by 16 cents per share in the third quarter of 2018, compared to an increase of 8 cents per share in the third quarter of 2017.  As of September 30, 2018, SCE&G was serving approximately 728,000 electric customers and 374,000 natural gas customers, up 1.5 and 3.0 percent, respectively, over 2017.

For the nine months ended September 30, 2018, SCE&G reported earnings of $262 million, or earnings per share of $1.83, compared to $280 million, or earnings per share of $1.96, for the same period in 2017.  Abnormal weather increased electric revenues by 23 cents per share during the first nine months of 2018, compared to a decrease of 12 cents per share for the same period of 2017. 

PSNC Energy

PSNC Energy, the Company's North Carolina-based retail natural gas distribution subsidiary, reported a seasonal loss of $7 million, or 5 cents per share in the third quarter of 2018, compared to a loss of $2 million, or 1 cent per share for the third quarter of 2017.  This decrease is primarily attributable to increases in operations and maintenance expenses, depreciation, and interest expense.  At September 30, 2018, PSNC Energy was serving approximately 564,000 customers, an increase of 2.6 percent over the previous year. 

For the first nine months of 2018, PSNC Energy reported earnings of $40 million, or earnings per share of 28 cents, compared to $43 million, or earnings per share of 30 cents, for the same period in 2017. 

SCANA Energy Marketing 

SCANA Energy Marketing, which markets natural gas in deregulated energy markets, including Georgia where the Company does business as SCANA Energy, reported break-even results for the third quarter of 2018, compared to earnings of $1 million, or 1 cent per share, in third quarter of 2017.  This decrease in earnings is primarily due to higher operations and maintenance expenses.

For the nine months ended September 30, 2018, SCANA Energy Marketing reported earnings of $21 million, or earnings per share of 15 cents, compared to $17 million, or earnings per share of 12 cents, for the same period in 2017. 

Corporate and Other, Net

SCANA's corporate and other businesses, which include the holding company, reported a loss of $30 million, or 20 cents per share in the third quarter of 2018, compared to a loss of $7 million, or 5 cents per share for the same quarter of 2017.  This increased loss is primarily due to the anticipated loss of certain tax deductions as a result of tax reform, as well as higher legal and financial advisory expenses.

For the first nine months of 2018, SCANA's corporate and other businesses reported a loss of $79 million, or 55 cents per share, compared to a loss of $14 million, or 10 cents per share, for the same period in 2017.

DIVIDENDS

SCANA's Board of Directors declared a quarterly dividend of 12.37 cents per share on the Company's common stock for the quarter ending December 31, 2018.  The dividend is payable January 1, 2019 to shareholders of record at the close of business on December 10, 2018.

As noted in previous Company disclosures, the payment of future dividends will be evaluated quarterly by SCANA's Board of Directors. 

EARNINGS OUTLOOK / CONFERENCE CALL

Consistent with the previous two quarters, SCANA will not be providing 2018 or long-term earnings guidance or hosting a conference call due to the pending combination with Dominion Energy.  In lieu of hosting a conference call, earnings presentation materials will be made available at the Company's website at www.scana.com. 

PROFILE

SCANA Corporation, headquartered in Cayce, S.C., 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 728,000 electric customers in South Carolina and approximately 1.3 million natural gas customers in South Carolina, North Carolina and Georgia. Information about SCANA and its businesses is available on the Company's website at www.scana.com.

SAFE HARBOR STATEMENT

Statements included in this Press Release which are not statements of historical fact are intended to be, and are hereby identified as, "forward-looking statements" for purposes of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements concerning the proposed merger with Dominion Energy, recovery of Nuclear Project abandonment costs, key earnings drivers, customer growth, environmental regulations and expenditures, leverage ratio, projections for pension fund contributions, financing activities, access to sources of capital, impacts of the adoption of new accounting rules and estimated capital and other expenditures. In some cases, forward-looking statements can be identified by terminology such as "may," "will," "could," "should," "expects," "forecasts," "plans," "targets," "anticipates," "believes," "estimates," "projects," "predicts," "potential" or "continue" or the negative of these terms or other similar terminology. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, and that actual results could differ materially from those indicated by such forward-looking statements due to the information being of a preliminary nature and subject to further and/or continuing review and adjustment. Other important factors that could cause such material differences include, but are not limited to, the following: (1) the occurrence of any event, change or other circumstances that could give rise to the failure to consummate the proposed merger with Dominion Energy; (2) the ability of SCE&G to recover through rates the costs expended on the Nuclear Project, and a reasonable return on those costs, under the abandonment provisions of the BLRA or through other means; (3) uncertainties relating to the bankruptcy filing by WEC and WECTEC; (4) further changes in tax laws and realization of tax benefits and credits, and the ability to realize or maintain tax credits and deductions, particularly in light of the abandonment of the Nuclear Project; (5) legislative and regulatory actions, particularly changes related to electric and gas services, rate regulation, regulations governing electric grid reliability and pipeline integrity, environmental regulations including any imposition of fees or taxes on carbon emitting generating facilities, the BLRA, and any actions, involving or arising from the abandonment of the Nuclear Project; (6) current and future litigation, including particularly litigation or government investigations or any actions involving or arising from the construction or abandonment of the Nuclear Project or arising from the proposed merger with Dominion Energy, including the possible impacts on liquidity and other financial impacts therefrom;  (7) the impact of any decision by SCANA to pay quarterly dividends to its shareholders or the reduction, suspension or elimination of the amount thereof; (8) the results of short- and long-term financing efforts, including prospects for obtaining access to capital markets and other sources of liquidity, and the effect of rating agency actions on the cost of and access to capital and sources of liquidity of SCANA and its subsidiaries (the Company); (9) the ability of suppliers, both domestic and international, to timely provide the labor, secure processes, components, parts, tools, equipment and other supplies needed which may be highly specialized or in short supply, at agreed upon quality and prices, for our construction program, operations and maintenance; (10) the results of efforts to ensure the physical and cyber security of key assets and processes; (11) changes in the economy, especially in areas served by subsidiaries of SCANA; (12) the impact of competition from other energy suppliers, including competition from alternate fuels in industrial markets; (13) the impact of conservation and demand side management efforts and/or technological advances on customer usage; (14) the loss of electricity sales to distributed generation, such as solar photovoltaic systems or energy storage systems; (15) growth opportunities for SCANA's regulated and other subsidiaries; (16) the effects of weather, especially in areas where the generation and transmission facilities of the Company are located and in areas served by SCANA's subsidiaries; (17) changes in SCANA's or its subsidiaries' accounting rules and accounting policies; (18) payment and performance by counterparties and customers as contracted and when due; (19) the results of efforts to license, site, construct and finance facilities, and to receive related rate recovery, for generation and transmission; (20) the results of efforts to operate the Company's electric and gas systems and assets in accordance with acceptable performance standards, including the impact of additional distributed generation; (21) the availability of fuels such as coal, natural gas and enriched uranium used to produce electricity; the availability of purchased power and natural gas for distribution; the level and volatility of future market prices for such fuels and purchased power; and the ability to recover the costs for such fuels and purchased power; (22) the availability and retention of skilled, licensed and experienced human resources to properly manage, operate, and grow the Company's businesses, particularly in light of uncertainties with respect to legislative and regulatory actions surrounding recovery of Nuclear Project costs and the announced potential merger with Dominion Energy; (23) labor disputes; (24) performance of SCANA's pension plan assets and the effect(s) of associated discount rates; (25) inflation or deflation; (26) changes in interest rates; (27) compliance with regulations; (28) natural disasters, man-made mishaps and acts of terrorism that directly affect our operations or the regulations governing them; and (29) the other risks and uncertainties described from time to time in the reports filed by SCANA or SCE&G with the SEC. 

SCANA and SCE&G disclaim any obligation to update any forward-looking statements.

Capitalized terms not otherwise defined herein have the meanings as set forth in the Company's most recent periodic report filed with the Securities and Exchange Commission.

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SOURCE SCANA Corporation

CAYCE, S.C., Oct. 22, 2018 /PRNewswire/ -- SCANA Corporation (NYSE:SCG) issued the following statement today:

"SCANA is aware that last week the circuit court judge assigned to the customer class action in South Carolina provided instructions to counsel for the plaintiffs and the state that requested them to submit proposed orders to him.  Those instructions directed the attorneys to include language in the proposed orders stating, among other things, that the Base Load Review Act violates the procedural due process provisions of the South Carolina Constitution.  The proposed orders have been submitted to the judge by those attorneys.  SCANA intends to provide the judge with comments to various portions of the proposed orders by Monday, October 29. The judge has indicated to the attorneys for the parties that no final decision has been reached at this time, and the aforementioned issues will remain unresolved until he signs an order in the matter."

PROFILE
SCANA Corporation, headquartered in Cayce, SC, is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. Information about SCANA and its businesses is available on the Company's website at www.scana.com.

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SOURCE SCANA Corporation

RICHMOND, Va. and CAYCE, S.C., Oct. 5, 2018 /PRNewswire/ -- Dominion Energy (NYSE: D) and SCANA Corporation (NYSE: SCG) on Thursday filed a stipulation agreement with the Public Staff of the North Carolina Utilities Commission (NCUC) and an intervenor in the proposed merger between the two companies.  SCANA's assets include PSNC Energy, a natural gas utility based in Gastonia, N.C.  Remaining necessary approvals include those of the NCUC and of the South Carolina Public Service Commission.

Said the companies: 

"We are pleased to have reached a settlement agreement with the Public Staff of the North Carolina Utilities Commission and an intervenor that ensures rate stability and service reliability for more than 500,000 PSNC Energy customers. This marks significant progress in our proposed merger."

About Dominion Energy
Nearly 6 million customers in 19 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is committed to sustainable, reliable, affordable, and safe energy and is one of the nation's largest producers and transporters of energy with over $78 billion of assets providing electric generation, transmission and distribution, as well as natural gas storage, transmission, distribution, and import/export services. As one of the nation's leading solar operators, the company intends to reduce its carbon intensity 50 percent by 2030. Through its Dominion Energy Charitable Foundation, as well as EnergyShare and other programs, Dominion Energy plans to contribute more than $30 million in 2018 to community causes throughout its footprint and beyond. Please visit www.DominionEnergy.com, Facebook or Twitter to learn more.

About SCANA
SCANA Corporation, headquartered in Cayce, S.C., is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. Information about SCANA and its businesses is available on the company's website at www.scana.com.

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SOURCE Dominion Energy

CAYCE, S.C., Sept. 12, 2018 /PRNewswire/ -- SCANA Corporation (NYSE: SCG) announced that the Company's 2018 Annual Meeting of Shareholders was held today in Columbia, South Carolina, with Chairman of the Board of Directors Maybank Hagood, and Chief Executive Officer Jimmy Addison, presiding.  

During the meeting, shareholders re-elected the following Class I Directors to SCANA's Board – James A. Bennett, Lynne M. Miller, James W. Roquemore, and Maceo K. Sloan.  Terms of the Class I Directors will expire at the Annual Meeting in 2021, with the exception of Maceo K. Sloan whose term will expire at the Annual Meeting in 2019, as a result of his reaching the mandatory retirement age.  Additionally, shareholders elected the following Class II Directors to SCANA's Board – John E. Bachman and Patricia D. Galloway.  Their terms will expire at the Annual Meeting in 2019.

In other business, shareholders approved the following - the appointment of Deloitte & Touche LLP as SCANA's independent registered public accounting firm to audit the Company's 2018 financial statements.  Shareholders also approved a non-binding advisory proposal on executive compensation.  Board-proposed amendments to declassify the Board of Directors and provide for the annual election of all directors did not receive the votes required to amend the Articles of Incorporation.  Additionally, the shareholder proposal regarding an assessment of the impact of public policies and technological advances consistent with limiting global warming was withdrawn prior to the meeting.

PROFILE
SCANA Corporation, headquartered in Cayce, SC, is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. Information about SCANA and its businesses is available on the company's website at www.scana.com.

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SOURCE SCANA Corporation

RICHMOND, Va. and CAYCE, S.C., Sept. 4, 2018 /PRNewswire/ -- The proposed combination of Dominion Energy, Inc. (NYSE: D) and SCANA Corporation (NYSE: SCG) has achieved another significant milestone. The U.S. Nuclear Regulatory Commission (NRC) has approved the indirect transfer of the Operating License for V.C. Summer Unit 1 and of the Combined Licenses (COLs) for V.C. Summer Units 2 and 3 from SCANA's wholly owned subsidiary, South Carolina Electric & Gas (SCE&G), to Dominion Energy. This constitutes one of several regulatory approvals required by the merger agreement between the two companies.

The NRC has not yet acted on SCE&G's request to terminate the COLs for Units 2 and 3, but such action is not required under the merger agreement. SCE&G abandoned the nuclear construction project in July 2017. Dominion Energy has no plans to complete the project if the merger closes.

The merger previously received approval from SCANA's shareholders, the Federal Energy Regulatory Commission, the Georgia Public Service Commission and early termination by the Federal Trade Commission of the 30-day waiting period under the federal Hart-Scott-Rodino Antitrust Improvements Act. The merger remains contingent upon approvals from the public service commissions of South Carolina and North Carolina, among other conditions.

If the merger is completed, the combined company would deliver energy to approximately 6.5 million regulated customer accounts and have an electric generating portfolio of about 31,400 megawatts and 93,600 miles of electric transmission and distribution lines. It also would have a natural gas pipeline network totaling 106,400 miles and operate one of the nation's largest natural gas storage systems with 1 trillion cubic feet of capacity.

About Dominion Energy
Nearly 6 million customers in 19 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D). The company is committed to sustainable, reliable, affordable, and safe energy and is one of the nation's largest producers and transporters of energy with over $75 billion of assets providing electric generation, transmission and distribution, as well as natural gas storage, transmission, distribution, and import/export services.  As one of the nation's leading solar operators, the company intends to reduce its carbon intensity 50 percent by 2030. Headquartered in Richmond, Va., Dominion Energy contributes more than $20 million annually to the communities it serves and actively supports veterans and their families. Please visit www.DominionEnergy.com, Facebook or Twitter to learn more.

About SCANA
SCANA Corporation (NYSE: SCG), headquartered in Cayce, S.C., is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. Information about SCANA and its businesses is available on the company's website at www.scana.com.

Forward-looking statements
This release contains statements that constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995.  The statements relate to, among other things, expectations, estimates and projections. We have used the words "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "outlook," "predict," "project," "should," "strategy," "target," "will," "would," "potential" and similar terms and phrases to identify forward-looking statements in this release. Factors that could cause actual results to differ include, but are not limited to: the expected timing and likelihood of completion of the proposed acquisition of SCANA; the risk that Dominion Energy or SCANA may be unable to obtain necessary regulatory approvals for the transaction or required regulatory approvals may delay the transaction or cause the parties to abandon the transaction; the risk that conditions to the closing of the transaction may not be satisfied; or the risk that an unsolicited offer for the assets or capital stock of SCANA may interfere with the transaction. Other risk factors for Dominion Energy's and SCANA's businesses are detailed from time to time in Dominion Energy's and SCANA's quarterly reports on Form 10-Q or most recent annual report on Form 10-K filed with the Securities and Exchange Commission (SEC).

For further information:
DOMINION ENERGY CONTACTS: Media: Chet Wade, (804) 775-5697 or Chet.Wade@dominionenergy.com; Financial analysts: Steven Ridge, (804) 929-6865 or Steven.D.Ridge@dominionenergy.com.  

SCANA CONTACTS: Media: Public Affairs, (800) 562-9308;
Financial analysts: Bryant Potter, (803) 217-6916

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SOURCE SCANA Corporation

CAYCE, S.C., Aug. 30, 2018 /PRNewswire/ -- SCANA Corporation (NYSE:SCG) announced that its Board of Directors, at a meeting held today, declared a quarterly dividend of 12.37 cents per share on the Company's common stock for the quarter ending September 30, 2018.  The dividend is payable October 1, 2018 to shareholders of record at the close of business on September 10, 2018.

As noted in previous Company disclosures, the payment of future dividends will be evaluated quarterly by SCANA's Board of Directors. 

PROFILE
SCANA Corporation, headquartered in Cayce, SC, is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. Information about SCANA and its businesses is available on the Company's website at www.scana.com.

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SOURCE SCANA Corporation

CAYCE, S.C., Aug. 16, 2018 /PRNewswire/ -- South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (NYSE:SCG), announced today that it sold, in a negotiated offering, a total of $700 million principal amount of its First Mortgage Bonds.  The sale consisted of $300 million principal amount of its First Mortgage Bonds, 3.50 percent Series due August 15, 2021 and $400 million principal amount of its First Mortgage Bonds, 4.25 percent Series due August 15, 2028.  The 3-year and 10-year bonds sold today are initially being offered to the public at 99.997 percent and 99.750 percent respectively.  Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, and Wells Fargo Securities, LLC acted as joint book-running managers, and FTN Financial Securities Corp. and Synovus Securities, Inc. acted as co-managers for the transaction.

SCE&G intends to apply the net proceeds from the sale of the bonds to pay $550 million of First Mortgage Bonds with a maturity date of November 1, 2018. SCE&G may also apply the net proceeds from the sale of the bonds to repay borrowings under a credit agreement and other short-term debt and for general corporate purposes.   

It is anticipated that these bonds will be issued on August 17, 2018. The transaction is subject to normal closing conditions.

Copies of a written prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended, relating to the offering of these bonds may be obtained by contacting: Merrill Lynch, Pierce, Fenner & Smith Incorporated, 200 North College Street, NC1-004-03-43, Charlotte, NC, 28255-0001, Attention: Prospectus Department, telephone: 1-800-294-1322, email: dg.prospectus_requests@baml.com; J.P. Morgan Securities LLC, 383 Madison Avenue, New York, New York 10179, Attn: Investment Grade Syndicate Desk, Telephone: 1-212-834-4533; Morgan Stanley & Co. LLC, 180 Varick Street, New York, New York 10014, Attention: Prospectus Department, telephone: 1-866-718-1649;  Wells Fargo Securities, LLC, 608 2^nd Avenue South, Suite 1000, Minneapolis, Minnesota 55402, telephone: 1-800-645-3751, email: wfscustomerservice@wellsfargo.com.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the bonds or any other securities, nor will there be any sale of the bonds or any other securities in any state or jurisdiction in which such an offer, solicitation or sale is not permitted. A registration statement relating to these bonds has been filed with the Securities and Exchange Commission and is effective.

PROFILE
SCANA Corporation, headquartered in Cayce, S.C., is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. Information about SCANA and its businesses is available at www.scana.com.

SCE&G is a regulated public utility engaged in the generation, transmission, distribution and sale of electricity to approximately 727,000 customers in the central, southern and southwestern portions of South Carolina.  The company also provides natural gas service to approximately 373,000 customers throughout South Carolina. More information about SCE&G is available at www.sceg.com.

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SOURCE SCANA Corporation

CAYCE, S.C., Aug. 7, 2018 /PRNewswire/ -- South Carolina Electric & Gas Company ("SCE&G"), a subsidiary of SCANA Corporation (NYSE: SCG), announced today that it will appeal the Order of the United States District Court for the District of South Carolina denying SCE&G's Motion for Preliminary Injunction regarding implementation of Act 258.

Act 258 is the South Carolina law enacted in late June which has resulted in a temporary reduction of SCE&G's retail electric rates by approximately 15 percent retroactive to April 1, 2018.  In addition, among other things, Act 258 supplies definitions of key terms under the Base Load Review Act that would heighten the evidence required to establish SCE&G's ability to recover its costs associated with the new nuclear project.

In connection with its appeal, SCE&G will be seeking expedited consideration from the United States Court of Appeals for the Fourth Circuit.

PROFILE
SCANA Corporation, headquartered in Cayce, S.C., is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. Information about SCANA and its businesses is available at www.scana.com.

SCE&G is a regulated public utility engaged in the generation, transmission, distribution and sale of electricity to approximately 727,000 customers in the central, southern and southwestern portions of South Carolina.  The company also provides natural gas service to approximately 373,000 customers throughout South Carolina. More information about SCE&G is available at www.sceg.com.

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SOURCE SCANA Corporation

CAYCE, S.C., Aug. 2, 2018 /PRNewswire/ -- SCANA Corporation (NYSE: SCG) today announced earnings for the second quarter of 2018 of $8 million, or 6 cents per share, compared to earnings of $121 million, or 85 cents per share, for the second quarter of 2017.  The decrease in earnings is primarily attributable to rate-reduction credits for billed and unbilled electric revenues for the period of April 1, 2018 through June 30, 2018.  These credits accounted for a decrease in the quarter of $109 million, or 61 cents per share, and are a result of the order issued by the Public Service Commission of South Carolina (SCPSC) in response to the passage of Act 258 by the South Carolina General Assembly.  Higher legal costs and financial advisory fees, as well as the impact of tax reform at the holding company due to the non-deductibility of interest expense also had a negative impact on earnings for the quarter. 

For the first six months of 2018, SCANA reported earnings of $177 million, or earnings per share of $1.24, compared to $292 million, or earnings per share of $2.04, for the same period in 2017.

FINANCIAL RESULTS BY MAJOR LINES OF BUSINESS

South Carolina Electric & Gas Company

South Carolina Electric & Gas Company (SCE&G), SCANA's principal subsidiary, reported second quarter 2018 earnings of $31 million, or 22 cents per share, compared to earnings of $126 million, or 88 cents per share for the second quarter of 2017.  As mentioned above, the decrease in earnings is primarily attributable to rate-reduction credits associated with the order issued by the SCPSC in response to the passage of Act 258 by the South Carolina General Assembly.  SCE&G has filed a lawsuit in federal court to seek a declaration that the law is unconstitutional and to ask the court to issue a preliminary injunction to allow for SCE&G to continue to collect the rates associated with the Base Load Review Act until the court has issued its final judgment.  Additionally, electric and gas revenues were reduced to reflect estimated amounts subject to refunds to customers as a result of tax reform, with such reductions generally offset by lower income taxes.   Abnormal weather increased electric revenues by 11 cents per share in the second quarter of 2018, compared to an increase of 4 cents per share in the second quarter of 2017.  As of June 30, 2018, SCE&G was serving approximately 727,000 electric customers and 373,000 natural gas customers, up 1.3 and 2.9 percent, respectively, over 2017.

For the six months ended June 30, 2018, SCE&G reported earnings of $159 million, or earnings per share of $1.11, compared to $238 million, or earnings per share of $1.67, for the same period in 2017.  Abnormal weather increased electric revenues by 7 cents per share during the first six months of 2018, compared to a decrease of 20 cents per share for the same period of 2017. 

PSNC Energy

PSNC Energy, the Company's North Carolina-based retail natural gas distribution subsidiary, reported a seasonal loss of $1 million, or 1 cent per share in the second quarter of 2018, compared to earnings of $2 million, or 1 cent per share for the second quarter of 2017.  Increases primarily attributable to higher gas revenues arising from customer growth and the Company's pipeline integrity management tracker were more than offset by increases in depreciation, interest expense, and other expenses. PSNC's gas revenues were reduced to reflect estimated amounts subject to refund to customers as a result of tax reform, with such reductions generally offset by lower income taxes.  At June 30, 2018, PSNC Energy was serving approximately 563,000 customers, an increase of 2.6 percent over the previous year. 

For the first six months of 2018, PSNC Energy reported earnings of $47 million, or earnings per share of 33 cents, compared to $45 million, or earnings per share of 31 cents, for the same period in 2017. 

SCANA Energy Marketing 

SCANA Energy Marketing, which markets natural gas in deregulated energy markets, including Georgia where the Company does business as SCANA Energy, reported earnings in the second quarter of 2018 of $4 million, or 3 cents per share, compared to $1 million, or 1 cent per share, in second quarter of 2017.  This increase is primarily due to higher margins attributable to favorable weather over the same quarter of the previous year and lower income taxes due to tax reform.   

For the six months ended June 30, 2018, SCANA Energy Marketing reported earnings of $21 million, or earnings per share of 14 cents, compared to $16 million, or earnings per share of 11 cents, for the same period in 2017. 

Corporate and Other, Net

SCANA's corporate and other businesses, which include the holding company, reported a loss of $25 million, or 18 cents per share in the second quarter of 2018, compared to a loss of $7 million, or 5 cents per share for the same quarter of 2017.  This increased loss is primarily due to the anticipated loss of certain tax deductions as a result of tax reform, as well as higher legal expenses.

For the first six months of 2018, SCANA's corporate and other businesses reported a loss of $49 million, or 34 cents per share, compared to a loss of $7 million, or 5 cents per share, for the same period in 2017. 

DIVIDENDS

A decision regarding the Company's dividend for the quarter ending September 30, 2018 will be made by SCANA's Board of Directors later during the quarter.  As previously noticed, the payment of dividends will be evaluated quarterly by SCANA's Board of Directors. 

EARNINGS OUTLOOK / CONFERENCE CALL

Consistent with the previous two quarters, SCANA will not be providing 2018 or long-term earnings guidance or hosting a conference call due to the pending combination with Dominion Energy.  In lieu of hosting a conference call, earnings presentation materials will be made available at the Company's website at www.scana.com. 

PROFILE

SCANA Corporation, headquartered in Cayce, S.C., 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 727,000 electric customers in South Carolina and approximately 1.3 million natural gas customers in South Carolina, North Carolina and Georgia. Information about SCANA and its businesses is available on the Company's website at www.scana.com.

SAFE HARBOR STATEMENT

Statements included in this Press Release which are not statements of historical fact are intended to be, and are hereby identified as, "forward-looking statements" for purposes of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements concerning the proposed merger with Dominion Energy, recovery of Nuclear Project abandonment costs, key earnings drivers, customer growth, environmental regulations and expenditures, leverage ratio, projections for pension fund contributions, financing activities, access to sources of capital, impacts of the adoption of new accounting rules and estimated capital and other expenditures. In some cases, forward-looking statements can be identified by terminology such as "may," "will," "could," "should," "expects," "forecasts," "plans," "targets," "anticipates," "believes," "estimates," "projects," "predicts," "potential" or "continue" or the negative of these terms or other similar terminology. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, and that actual results could differ materially from those indicated by such forward-looking statements due to the information being of a preliminary nature and subject to further and/or continuing review and adjustment. Other important factors that could cause such material differences include, but are not limited to, the following: (1) the occurrence of any event, change or other circumstances that could give rise to the failure by SCANA to consummate the proposed merger with Dominion Energy; (2) the ability of SCE&G to recover through rates the costs expended on the Nuclear Project, and a reasonable return on those costs, under the abandonment provisions of the BLRA or through other means; (3) uncertainties relating to the bankruptcy filing by WEC and WECTEC; (4) further changes in tax laws and realization of tax benefits and credits, and the ability or inability to realize to realize or maintain tax credits and deductions, particularly in light of the abandonment of the Nuclear Project; (5) legislative and regulatory actions, particularly changes related to electric and gas services, rate regulation, regulations governing electric grid reliability and pipeline integrity, environmental regulations including any imposition of fees or taxes on carbon emitting generating facilities, the BLRA, and any actions affecting, involving or arising from the abandonment of the Nuclear Project; (6) current and future litigation, including particularly litigation or government investigations or any actions involving or arising from the construction or abandonment of the Nuclear Project or arising from the proposed merger with Dominion Energy, including the possible impacts on liquidity and other financial impacts therefrom;  (7) the impact of any decision by SCANA to pay quarterly dividends to its shareholders or the reduction, suspension or elimination of the amount thereof; (8) the results of short- and long-term financing efforts, including prospects for obtaining access to capital markets and other sources of liquidity, and the effect of rating agency actions on the cost of and access to capital and sources of liquidity of SCANA and its subsidiaries (the Company); (9) the ability of suppliers, both domestic and international, to timely provide the labor, secure processes, components, parts, tools, equipment and other supplies needed which may be highly specialized or in short supply, at agreed upon quality and prices, for our construction program, operations and maintenance; (10) the results of efforts to ensure the physical and cyber security of key assets and processes; (11) changes in the economy, especially in areas served by subsidiaries of SCANA; (12) the impact of competition from other energy suppliers, including competition from alternate fuels in industrial markets; (13) the impact of conservation and demand side management efforts and/or technological advances on customer usage; (14) the loss of electricity sales to distributed generation, such as solar photovoltaic systems or energy storage systems; (15) growth opportunities for SCANA's regulated and other subsidiaries; (16) the effects of weather, especially in areas where the generation and transmission facilities of the Company are located and in areas served by SCANA's subsidiaries; (17) changes in SCANA's or its subsidiaries' accounting rules and accounting policies; (18) payment and performance by counterparties and customers as contracted and when due; (19) the results of efforts to license, site, construct and finance facilities, and to receive related rate recovery, for generation and transmission; (20) the results of efforts to operate the Company's electric and gas systems and assets in accordance with acceptable performance standards, including the impact of additional distributed generation; (21) the availability of fuels such as coal, natural gas and enriched uranium used to produce electricity; the availability of purchased power and natural gas for distribution; the level and volatility of future market prices for such fuels and purchased power; and the ability to recover the costs for such fuels and purchased power; (22) the availability of skilled, licensed and experienced human resources to properly manage, operate, and grow the Company's businesses, particularly in light of uncertainties with respect to legislative and regulatory actions surrounding recovery of Nuclear Project costs and the announced potential merger; merger with Dominion Energy; (23) labor disputes; (24) performance of SCANA's pension plan assets and the effect(s) of associated discount rates; (25) inflation or deflation; (26) changes in interest rates; (27) compliance with regulations; (28) natural disasters, man-made mishaps and acts of terrorism that directly affect our operations or the regulations governing them; and (29) the other risks and uncertainties described from time to time in the reports filed by SCANA or SCE&G with the SEC. 

SCANA and SCE&G disclaim any obligation to update any forward-looking statements.

Capitalized terms not otherwise defined herein have the meanings as set forth in the Company's most recent periodic report filed with the Securities and Exchange Commission.

Note (1):  On June 27, 2018, the South Carolina General Assembly adopted Act 258, which became effective June 28, 2018, to temporarily reduce the amount SCE&G can collect from customers under the Base Load Review Act.  Act 258 requires the SCPSC to order a reduction in the portion of SCE&G's electric rates associated with the V.C. Summer nuclear construction project from approximately 18% of the average residential electric customer's bill to approximately 3.2%, retroactive to April 1, 2018.  Pursuant to the order issued by the SCPSC, rate-refund credits for billed and unbilled amounts for the period April 1, 2018 through June 30, 2018, totaling approximately $109.3 million (61 cents per share), have been deferred as revenue subject to refund on the condensed consolidated balance sheet as of June 30, 2018.

Note (2): Pursuant to a previously issued order by the SCPSC, during the first quarter of 2018, SCE&G's electric revenues were adjusted downward by $114 million (63 cents per share) in connection with fuel cost recovery and SCE&G concurrently recognized, within other income, $114 million (63 cents per share) of gains realized upon the settlement of certain interest rate derivative contracts.  The impact of these events had no effect on net income. 

Note (3): Abnormal weather increased electric earnings by 11 cents per share in the second quarter of 2018, compared to abnormal weather increasing earnings by 4 cents per share in the second quarter of 2017, for a quarter over quarter increase of 7 cents per share.  Abnormal weather increased electric earnings by 7 cents per share for the year-to-date period ended June 30, 2018, compared to abnormal weather decreasing earnings by 20 cents per share in the same period of 2017, for a year over year increase of 27 cents per share. 

Note (4): Impairment loss represents a first quarter of 2018 write-down of nuclear fuel, which had been acquired for use in VC Summer Unit 2 and Unit 3 to its estimated fair value.

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SOURCE SCANA Corporation

RICHMOND, Va. and CAYCE, S.C., July 31, 2018 /PRNewswire/ -- The proposed combination of Dominion Energy, Inc. (NYSE: D) and SCANA Corporation (NYSE: SCG) has achieved another significant milestone with the approval of SCANA's shareholders.  SCANA's special shareholder meeting was held today in Columbia, South Carolina, with Chairman of the Board of Directors, Maybank Hagood and Chief Executive Officer, Jimmy Addison presiding.

During the meeting, shareholders voted to approve the Merger Agreement, dated as of January 2, 2018 with Dominion Energy, meeting the requirement of receiving an affirmative vote from at least two-thirds of the outstanding shares of SCANA's common stock.  

"We are pleased with the approval from our shareholders," said Maybank Hagood, SCANA's Chairman of the Board of Directors.  "We believe the merger with Dominion Energy offers the most comprehensive solution for our customers and aligns SCANA with a company that mirrors our commitment to delivering safe and reliable energy."

The merger previously received approval of the Federal Energy Regulatory Commission, the Georgia Public Service Commission, and early termination by the Federal Trade Commission of the 30-day waiting period under the federal Hart-Scott-Rodino Antitrust Improvements Act. The merger remains contingent upon approvals from the Public Service Commissions of South Carolina and North Carolina and authorization of the Nuclear Regulatory Commission, among other conditions. 

If the merger is completed, the combined company would deliver energy to approximately 6.5 million regulated customer accounts and have an electric generating portfolio of about 31,400 megawatts and 93,600 miles of electric transmission and distribution lines. It also would have a natural gas pipeline network totaling 106,400 miles and operate one of the nation's largest natural gas storage systems with 1 trillion cubic feet of capacity.

About Dominion Energy
Nearly 6 million customers in 19 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D). The company is committed to sustainable, reliable, affordable, and safe energy and is one of the nation's largest producers and transporters of energy with over $75 billion of assets providing electric generation, transmission and distribution, as well as natural gas storage, transmission, distribution, and import/export services.  As one of the nation's leading solar operators, the company intends to reduce its carbon intensity 50 percent by 2030. Headquartered in Richmond, Va., Dominion Energy contributes more than $20 million annually to the communities it serves and actively supports veterans and their families. Please visit www.DominionEnergy.com, Facebook or Twitter to learn more.

About SCANA
SCANA Corporation (NYSE: SCG), headquartered in Cayce, S.C., is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. Information about SCANA and its businesses is available on the company's website at www.scana.com.

Forward-looking statements
This release contains statements that constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995.  The statements relate to, among other things, expectations, estimates and projections. We have used the words "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "outlook," "predict," "project," "should," "strategy," "target," "will," "would," "potential" and similar terms and phrases to identify forward-looking statements in this release. Factors that could cause actual results to differ include, but are not limited to: the expected timing and likelihood of completion of the proposed acquisition of SCANA; the risk that Dominion Energy or SCANA may be unable to obtain necessary regulatory approvals for the transaction or required regulatory approvals may delay the transaction or cause the parties to abandon the transaction; the risk that conditions to the closing of the transaction may not be satisfied; or the risk that an unsolicited offer for the assets or capital stock of SCANA may interfere with the transaction. Other risk factors for Dominion Energy's and SCANA's businesses are detailed from time to time in Dominion Energy's and SCANA's quarterly reports on Form 10-Q or most recent annual report on Form 10-K filed with the Securities and Exchange Commission (SEC).

For further information:
DOMINION ENERGY CONTACTS: Media: Chet Wade, (804) 775-5697 or Chet.Wade@dominionenergy.com;
Financial analysts: Steven Ridge, (804) 929-6865 or Steven.D.Ridge@dominionenergy.com.  

SCANA CONTACTS: Media: Public Affairs, (800) 562-9308;
Financial analysts: Bryant Potter, (803) 217-6916

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SOURCE SCANA Corporation

RICHMOND, Va. and CAYCE, S.C., July 13, 2018 /PRNewswire/ -- The proposed merger of Dominion Energy, Inc. (NYSE: D) and SCANA Corporation (NYSE: SCG) has achieved another significant milestone with the approval of the Federal Energy Regulatory Commission (FERC).

In an order issued July 12, FERC found the combination of the two companies "is consistent with the public interest and is authorized."

"We are pleased by the FERC's considered and timely action," said Thomas F. Farrell, II, Dominion Energy chairman, president and CEO. "It brings us closer to providing a brighter energy future for customers, communities and others served by the SCANA companies. We will continue working toward achieving the other required regulatory approvals and completing our transaction by the end of this year."

The merger previously received approval of the Georgia Public Service Commission and early termination by the Federal Trade Commission of the 30-day waiting period under the federal Hart-Scott-Rodino Antitrust Improvements Act. The merger is also contingent upon approval of SCANA's shareholders; review and approval from the public service commissions of South Carolina and North Carolina; and authorization of the Nuclear Regulatory Commission. 

Under a merger agreement announced in January, the combined company would deliver energy to approximately 6.5 million regulated customer accounts and have an electric generating portfolio of about 31,400 megawatts and 93,600 miles of electric transmission and distribution lines. It also would have a natural gas pipeline network totaling 106,400 miles and operate one of the nation's largest natural gas storage systems with 1 trillion cubic feet of capacity.

About Dominion Energy
Dominion Energy is one of the nation's largest producers and transporters of energy, with a portfolio of approximately 26,000 megawatts of electric generation, 14,800 miles of natural gas transmission, gathering and storage pipeline, and 6,600 miles of electric transmission lines. Dominion Energy operates one of the nation's largest natural gas storage systems with approximately 1 trillion cubic feet of storage capacity and serves nearly 6 million utility and retail energy customers. For more information about Dominion Energy, visit the company's website at www.dominionenergy.com.

About SCANA
SCANA Corporation, headquartered in Cayce, S.C., is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. Information about SCANA and its businesses is available on the company's website at www.scana.com.

Forward-looking statements
This release contains statements that constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995.  The statements relate to, among other things, expectations, estimates and projections. We have used the words "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "outlook," "predict," "project," "should," "strategy," "target," "will," "would," "potential" and similar terms and phrases to identify forward-looking statements in this release. Factors that could cause actual results to differ include, but are not limited to: the expected timing and likelihood of completion of the proposed acquisition of SCANA, including the ability to obtain the requisite approval of SCANA's shareholders; the risk that Dominion Energy or SCANA may be unable to obtain necessary regulatory approvals for the transaction or required regulatory approvals may delay the transaction or cause the parties to abandon the transaction; the risk that conditions to the closing of the transaction may not be satisfied; or the risk that an unsolicited offer for the assets or capital stock of SCANA may interfere with the transaction. Other risk factors for Dominion Energy's and SCANA's businesses are detailed from time to time in Dominion Energy's and SCANA's quarterly reports on Form 10-Q or most recent annual report on Form 10-K filed with the Securities and Exchange Commission (SEC).

Important additional information
In connection with the proposed transaction between Dominion Energy, Inc., and SCANA Corporation, Dominion Energy has filed with the SEC a Registration Statement on Form S-4,  which includes a document that serves as a Proxy Statement of SCANA and Prospectus of Dominion Energy (the proxy statement/prospectus), as well as other relevant documents concerning the proposed transaction. The proposed transaction involving Dominion Energy and SCANA will be submitted to SCANA's shareholders for their consideration. The proxy statement/prospectus was mailed to SCANA's shareholders beginning on June 15, 2018. This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Shareholders of SCANA are urged to read the registration statement and the proxy statement/prospectus regarding the transaction and any other relevant documents filed with the SEC, as well as any amendments or supplements to those documents, because they will contain important information.

Shareholders are able to obtain a free copy of the definitive proxy statement/prospectus, as well as other filings containing information about Dominion Energy and SCANA, without charge, at the SEC's website (http://www.sec.gov). Copies of the proxy statement/prospectus and the filings with the SEC that are incorporated by reference in the proxy statement/prospectus can also be obtained, without charge, by directing a request to Dominion Energy, Inc., 120 Tredegar Street, Richmond, Virginia 23219, Attention: Corporate Secretary, Corporate.Secretary@dominionenergy.com, or to SCANA Corporation, 220 Operation Way, Mail Code D133, Cayce, South Carolina 29033, Attention: Office of the Corporate Secretary, BoardInformation@scana.com.

Participants in the solicitation 
Dominion Energy, SCANA and certain of their respective directors, executive officers and employees may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Information regarding Dominion Energy's directors and executive officers is available in its definitive proxy statement, which was filed with the SEC on March 23, 2018, Dominion Energy's Annual Report on Form 10-K, which was filed with the SEC on February 27, 2018 and certain of its Current Reports on Form 8-K.  Information regarding SCANA's directors and executive officers is available in its Annual Report on Form 10-K, which was filed with the SEC on February 23, 2018, as amended by a Form 10-K/A dated April 27, 2018 and certain of its Current Reports on Form 8-K.  Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement/prospectus and other relevant materials filed with the SEC.  Free copies of these documents may be obtained as described in the preceding paragraph.

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SOURCE Dominion Energy

CAYCE, S.C., July 12, 2018 /PRNewswire/ -- SCANA Corporation (NYSE:SCG) will release its second quarter 2018 earnings on Thursday, August 2, 2018, before the market opens.  Due to the pending combination with Dominion Energy, Inc. (NYSE: D), SCANA will not be hosting a conference call.  This practice is consistent with the Company's release of financial results since the announcement of the proposed combination at the beginning of 2018.  Prepared materials summarizing quarterly activity will be available on the Company's website.

PROFILE

SCANA Corporation, headquartered in Cayce, SC, is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. Information about SCANA and its businesses is available on the company's website at www.scana.com.

Analyst Contact:
Bryant Potter            
(803) 217-6916                    

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SOURCE SCANA Corporation

CAYCE, S.C., June 27, 2018 /PRNewswire/ -- SCANA Corporation (NYSE: SCG) (SCANA) and South Carolina Electric & Gas Company (SCE&G) are evaluating their legal options regarding a bill the South Carolina General Assembly passed today to reduce the amount SCE&G can collect from customers under the Base Load Review Act related to the V.C. Summer nuclear construction project.  SCANA and SCE&G believe that the proposed legislation is unconstitutional.

The proposed legislation would temporarily reduce the portion of SCE&G's electric rates associated with the V.C. Summer nuclear construction project from approximately 18 percent of the average residential electric customer's bill to approximately 3.2 percent, or a reduction of approximately $31 million per month.  This lower rate would be effective until the Public Service Commission of South Carolina (SCPSC) renders its decision on the joint petition that was filed in connection with the proposed merger of SCANA with Dominion Energy. 

This proposed legislation has been sent to the Governor for signature.  If the Governor chooses to veto the legislation, as has been indicated publicly by his staff, it would return to the General Assembly for the General Assembly to consider an override of his veto.  If enacted, the SCPSC must issue an order within five days of the law becoming effective to implement the proposed rate, which is to be applied retroactively to April 1, 2018. 

PROFILE
SCANA Corporation, headquartered in Cayce, S.C., is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. Information about SCANA and its businesses is available at www.scana.com.

SCE&G is a regulated public utility engaged in the generation, transmission, distribution and sale of electricity to approximately 723,000 customers, as well as provides natural gas service to approximately 371,000 customers throughout South Carolina. More information about SCE&G is available at www.sceg.com.

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SOURCE SCANA Corporation

CAYCE, S.C., June 15, 2018 /PRNewswire/ -- South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (NYSE: SCG), today filed with the Public Service Commission of South Carolina and the South Carolina Office of Regulatory Staff for a $22.6 million, or 5.29 percent, overall decrease to its retail natural gas base rates.  The decrease is driven by the lower corporate tax rate under tax reform and the Company's operating results.

SCE&G filed for a decrease under the terms of the Natural Gas Rate Stabilization Act, a South Carolina law designed to improve and maintain natural gas service infrastructure to meet the needs of customers.

If approved, the rate decrease would be effective with the first billing cycle of November. Residential natural gas customers would see their bills decrease by approximately 7.4%, or $4.09 per month based on annual average usage.

PROFILE

SCANA Corporation, headquartered in Cayce, S.C., 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 723,000 electric customers in South Carolina and approximately 1.3 million natural gas customers in South Carolina, North Carolina and Georgia. Information about SCANA and its businesses is available on the Company's website at www.scana.com.

SCE&G is a regulated public utility engaged in the generation, transmission, distribution and sale of electricity to approximately 723,000 customers, as well as provides natural gas service to approximately 371,000 customers throughout South Carolina. More information about SCE&G is available at www.sceg.com.

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SOURCE SCANA Corporation

CAYCE, S.C., May 29, 2018 /PRNewswire/ -- SCANA Corporation (NYSE: SCG) announced today that it has established a record date of May 31, 2018, and a meeting date of July 31, 2018, for a special meeting of its shareholders to consider and vote on a proposal to approve the previously announced stock-for-stock merger with Dominion Energy, Inc. (NYSE: D).

SCANA's Special Shareholder Meeting is scheduled for 9 a.m. EDT on July 31, 2018, at the Columbia Conference Center, 169 Laurelhurst Avenue, Columbia, SC 29210.

Additionally, SCANA separately established a record date of July 25, 2018, and a meeting date of September 12, 2018, for its 2018 Annual Shareholder Meeting. The 2018 Annual Shareholder Meeting is scheduled for 9 a.m. EDT on September 12, 2018, at the Columbia Conference Center, 169 Laurelhurst Avenue, Columbia, SC 29210.

SCANA shareholders of record at the close of business on the respective record dates will be entitled to receive notice of and vote on matters presented at the applicable meetings.

PROFILE 
SCANA Corporation, headquartered in Cayce, SC, is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. Information about SCANA and its businesses is available on the company's website at www.scana.com.

SAFE HARBOR STATEMENT

Statements included in this press release which are not statements of historical fact are intended to be, and are hereby identified as, "forward-looking statements" for purposes of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  Forward-looking statements include, but are not limited to, statements concerning the proposed merger with Dominion Energy, recovery of Nuclear Project abandonment costs, key earnings drivers, customer growth, environmental regulations and expenditures, leverage ratio, projections for pension fund contributions, financing activities, access to sources of capital, impacts of the adoption of new accounting rules and estimated capital and other expenditures.  In some cases, forward-looking statements can be identified by terminology such as "may," "will," "could," "should," "expects," "forecasts," "plans," "targets," "anticipates," "believes," "estimates," "projects," "predicts," "potential" or "continue" or the negative of these terms or other similar terminology.  Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, and that actual results could differ materially from those indicated by such forward-looking statements due to the information being of a preliminary nature and subject to further and/or continuing review and adjustment. Other important factors that could cause such material differences include, but are not limited to, the following: (1) the occurrence of any event, change or other circumstances that could give rise to the failure by SCANA to consummate the proposed merger with Dominion Energy; (2) the ability of SCE&G to recover through rates the costs expended on Unit 2 and Unit 3, and a reasonable return on those costs, under the abandonment provisions of the BLRA or through other means; (3) uncertainties relating to the bankruptcy filing by WEC and WECTEC; (4) further changes in tax laws and realization of tax benefits and credits, and the ability or inability to realize credits and deductions, particularly in light of the abandonment of Unit 2 and Unit 3; (5) legislative and regulatory actions, particularly changes related to electric and gas services, rate regulation, regulations governing electric grid reliability and pipeline integrity, environmental regulations including any imposition of fees or taxes on carbon emitting generating facilities, the BLRA, and any actions affecting the abandonment of Unit 2 and Unit 3; (6) current and future litigation, including particularly litigation or government investigations or actions involving or arising from the construction or abandonment of Unit 2 and Unit 3 or arising from the proposed merger with Dominion Energy; (7) the impact of any decision by the Company to pay quarterly dividends to its shareholders or the reduction, suspension or elimination of the amount thereof; (8) the results of short- and long-term financing efforts, including prospects for obtaining access to capital markets and other sources of liquidity, and the effect of rating agency actions on the cost of and access to capital and sources of liquidity of SCANA and its subsidiaries (the Company); (9) the ability of suppliers, both domestic and international, to timely provide the labor, secure processes, components, parts, tools, equipment and other supplies needed which may be highly specialized or in short supply, at agreed upon quality and prices, for our construction program, operations and maintenance; (10) the results of efforts to ensure the physical and cyber security of key assets and processes; (11) changes in the economy, especially in areas served by subsidiaries of SCANA; (12) the impact of competition from other energy suppliers, including competition from alternate fuels in industrial markets; (13) the impact of conservation and demand side management efforts and/or technological advances on customer usage; (14) the loss of electricity sales to distributed generation, such as solar photovoltaic systems or energy storage systems; (15) growth opportunities for SCANA's regulated and other subsidiaries; (16) the effects of weather, especially in areas where the generation and transmission facilities of the Company are located and in areas served by SCANA's subsidiaries; (17) changes in SCANA's or its subsidiaries' accounting rules and accounting policies; (18) payment and performance by counterparties and customers as contracted and when due; (19) the results of efforts to license, site, construct and finance facilities, and to receive related rate recovery, for generation and transmission; (20) the results of efforts to operate the Company's electric and gas systems and assets in accordance with acceptable performance standards, including the impact of additional distributed generation; (21) the availability of fuels such as coal, natural gas and enriched uranium used to produce electricity; the availability of purchased power and natural gas for distribution; the level and volatility of future market prices for such fuels and purchased power; and the ability to recover the costs for such fuels and purchased power; (22) the availability of skilled, licensed and experienced human resources to properly manage, operate, and grow the Company's businesses, particularly in light of uncertainties with respect to legislative and regulatory actions surrounding recovery of Nuclear Project costs and the announced potential merger; (23) labor disputes; (24) performance of SCANA's pension plan assets and the effect(s) of associated discount rates; (25) inflation or deflation; (26) changes in interest rates; (27) compliance with regulations; (28) natural disasters, man-made mishaps and acts of terrorism that directly affect our operations or the regulations governing them; and (29) the other risks and uncertainties described from time to time in the reports filed by SCANA with the SEC.

SCANA disclaims any obligation to update any forward-looking statements.

Capitalized terms not otherwise defined herein have the meanings as set forth in the Company's most recent periodic report filed with the Securities and Exchange Commission.

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SOURCE SCANA Corporation

CAYCE, S.C., April 26, 2018 /PRNewswire/ -- SCANA Corporation (NYSE: SCG) today announced earnings for the first quarter of 2018 of $169 million, or $1.18 per share, compared to earnings of $171 million, or $1.19 per share, for the first quarter of 2017.  The decrease in earnings is primarily attributable to higher legal costs and financial advisory fees, as well as the impact of tax reform at the holding company, partially offset by higher gas revenues at its subsidiaries in North Carolina and South Carolina and a net 20 cents per share favorable variance in electric revenues due to the quarter over quarter impact of abnormal weather.  During the quarter, electric and gas revenues in the regulated businesses were reduced to reflect estimated amounts to be refunded to customers as a result of the change in the Federal tax rate.   

FINANCIAL RESULTS BY MAJOR LINES OF BUSINESS

South Carolina Electric & Gas Company

South Carolina Electric & Gas Company (SCE&G), SCANA's principal subsidiary, reported first quarter 2018 earnings of $128 million, or 89 cents per share, compared to earnings of $112 million, or 78 cents per share for the first quarter of 2017.  Abnormally mild winter weather decreased electric revenues by 4 cents per share in the first quarter of 2018, compared to a decrease of 24 cents per share in the first quarter of 2017.  Other than the 20 cents per share increase from weather, this increase is primarily attributable to higher gas margins partially offset by lower AFUDC, as well as higher depreciation, and other taxes.  Additionally, SCE&G settled interest rate swaps during the first quarter of 2018 and used the associated gains to offset fuel cost recovery.  This resulted in a decrease in electric revenue offset by an equivalent increase in other income.  SCE&G also recognized an impairment loss of approximately $4 million to further reduce the carrying value of nuclear fuel acquired for use in VC Summer Units 2 and 3 to its estimated fair value.    As of March 31, 2018, SCE&G was serving approximately 723,000 electric customers and 371,000 natural gas customers, up 1.4 and 2.9 percent, respectively, over 2017.

PSNC Energy

PSNC Energy, the Company's North Carolina-based retail natural gas distribution subsidiary, reported earnings in the first quarter of 2018 of $49 million, or 34 cents per share, compared to $43 million, or 30 cents per share for the first quarter of 2017.  This increase is primarily attributable to higher gas revenues arising from customer growth and an integrity management tracker, partially offset by increases in depreciation and interest expense. At March 31, 2018, PSNC Energy was serving approximately 566,000 customers, an increase of 2.6 percent over the previous year. 

SCANA Energy Marketing 

SCANA Energy Marketing, which markets natural gas in deregulated energy markets, including Georgia where the Company does business as SCANA Energy, reported earnings in the first quarter of 2018 of $17 million, or 12 cents per share, compared to $15 million, or 11 cents per share, in first quarter of 2017.  This increase is primarily due to lower income taxes due to Federal tax reform, partially offset by the higher cost of gas during the colder than normal weather in January of 2018.   

Corporate and Other, Net

SCANA's corporate and other businesses, which include the holding company, reported a loss of $25 million, or 17 cents per share in the first quarter of 2018, compared to near break-even results for the same quarter of 2017.  This increased loss is primarily due to the anticipated loss of certain tax deductions as a result of Federal tax reform, as well as higher legal and financial advisory expenses.

DIVIDENDS

A decision regarding the Company's regular quarterly dividend for the quarter ending June 30, 2018 will be made by SCANA's Board of Directors closer to the record date. Dividends declared would be payable July 1, 2018 to shareholders of record on June 11, 2018.  As previously noticed, the payment of dividends will be evaluated quarterly by SCANA's Board of Directors. 

EARNINGS OUTLOOK / CONFERENCE CALL

Consistent with the fourth quarter of 2017, SCANA will not be providing 2018 or long-term earnings guidance or hosting a conference call due to the pending combination with Dominion Energy.  In lieu of hosting a conference call, earnings presentation materials will be made available at the Company's website at www.scana.com. 

PROFILE

SCANA Corporation, headquartered in Cayce, S.C., 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 723,000 electric customers in South Carolina and approximately 1.3 million natural gas customers in South Carolina, North Carolina and Georgia. Information about SCANA and its businesses is available on the Company's website at www.scana.com.

SAFE HARBOR STATEMENT

Statements included in this press release which are not statements of historical fact are intended to be, and are hereby identified as, "forward-looking statements" for purposes of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  Forward-looking statements include, but are not limited to, statements concerning the proposed merger with Dominion Energy, recovery of Nuclear Project abandonment costs, key earnings drivers, customer growth, environmental regulations and expenditures, leverage ratio, projections for pension fund contributions, financing activities, access to sources of capital, impacts of the adoption of new accounting rules and estimated capital and other expenditures.  In some cases, forward-looking statements can be identified by terminology such as "may," "will," "could," "should," "expects," "forecasts," "plans," "targets," "anticipates," "believes," "estimates," "projects," "predicts," "potential" or "continue" or the negative of these terms or other similar terminology.  Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, and that actual results could differ materially from those indicated by such forward-looking statements due to the information being of a preliminary nature and subject to further and/or continuing review and adjustment. Other important factors that could cause such material differences include, but are not limited to, the following: (1) the occurrence of any event, change or other circumstances that could give rise to the failure by SCANA to consummate the proposed merger with Dominion Energy; (2) the ability of SCE&G to recover through rates the costs expended on Unit 2 and Unit 3, and a reasonable return on those costs, under the abandonment provisions of the BLRA or through other means; (3) uncertainties relating to the bankruptcy filing by WEC and WECTEC; (4) further changes in tax laws and realization of tax benefits and credits, and the ability or inability to realize credits and deductions, particularly in light of the abandonment of Unit 2 and Unit 3; (5) legislative and regulatory actions, particularly changes related to electric and gas services, rate regulation, regulations governing electric grid reliability and pipeline integrity, environmental regulations including any imposition of fees or taxes on carbon emitting generating facilities, the BLRA, and any actions affecting the abandonment of Unit 2 and Unit 3; (6) current and future litigation, including particularly litigation or government investigations or actions involving or arising from the construction or abandonment of Unit 2 and Unit 3 or arising from the proposed merger with Dominion Energy; (7) The impact of any decision by the Company to pay quarterly dividends to its shareholders or the reduction, suspension or elimination of the amount thereof; (8) the results of short- and long-term financing efforts, including prospects for obtaining access to capital markets and other sources of liquidity, and the effect of rating agency actions on the cost of and access to capital and sources of liquidity of SCANA and its subsidiaries (the Company); (9) the ability of suppliers, both domestic and international, to timely provide the labor, secure processes, components, parts, tools, equipment and other supplies needed which may be highly specialized or in short supply, at agreed upon quality and prices, for our construction program, operations and maintenance; (10) the results of efforts to ensure the physical and cyber security of key assets and processes; (11) changes in the economy, especially in areas served by subsidiaries of SCANA; (12) the impact of competition from other energy suppliers, including competition from alternate fuels in industrial markets; (13) the impact of conservation and demand side management efforts and/or technological advances on customer usage; (14) the loss of electricity sales to distributed generation, such as solar photovoltaic systems or energy storage systems; (15) growth opportunities for SCANA's regulated and other subsidiaries; (16) the effects of weather, especially in areas where the generation and transmission facilities of SCANA and its subsidiaries are located and in areas served by SCANA's subsidiaries; (17) changes in SCANA's or its subsidiaries' accounting rules and accounting policies; (18) payment and performance by counterparties and customers as contracted and when due; (19) the results of efforts to license, site, construct and finance facilities, and to receive related rate recovery, for generation and transmission; (20) the results of efforts to operate the Company's electric and gas systems and assets in accordance with acceptable performance standards, including the impact of additional distributed generation; (21) the availability of fuels such as coal, natural gas and enriched uranium used to produce electricity; the availability of purchased power and natural gas for distribution; the level and volatility of future market prices for such fuels and purchased power; and the ability to recover the costs for such fuels and purchased power; (22) the availability of skilled, licensed and experienced human resources to properly manage, operate, and grow the Company's businesses, particularly in light of uncertainties with respect to legislative and regulatory actions surrounding recovery of Nuclear Project costs and the announced potential merger; (23) labor disputes; (24) performance of SCANA's pension plan assets and the effect(s) of associated discount rates; (25) inflation or deflation; (26) changes in interest rates; (27) compliance with regulations; (28) natural disasters, man-made mishaps and acts of terrorism that directly affect our operations or the regulations governing them; and (29) the other risks and uncertainties described from time to time in the reports filed by SCANA or SCE&G with the SEC.

SCANA and SCE&G disclaim any obligation to update any forward-looking statements.

Capitalized terms not otherwise defined herein have the meanings as set forth in the Company's most recent periodic report filed with the Securities and Exchange Commission.

Note (1): Pursuant to approval of the Public Service Commission of South Carolina, during the first quarter of 2018, SCE&G's electric revenues were adjusted downward by $114 million (61 cents per share) in connection with fuel cost recovery and SCE&G concurrently recognized, within other income, $114 million (61 cents per share) of gains realized upon the settlement of certain interest rate derivative contracts.  The impact of these events had no effect on net income. 

Note (2): Abnormally mild weather decreased electric earnings by 4 cents per share in the first quarter of 2018, compared to significantly abnormally mild weather decreasing earnings by 24 cents per share in the first quarter of 2017, for a quarter over quarter increase of 20 cents per share. 

Note (3): Impairment loss represents a further write-down of nuclear fuel which had been acquired for use in VC Summer Unit 2 and Unit 3 to its estimated fair value.