V.C. Summer Nuclear Station Starts Refueling Outage
Media Contact:
Eric Boomhower

Investor Contact: 
Bryan Hatchell

JENKINSVILLE, S.C. (Oct. 16, 2009) – South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (NYSE:SCG), will take the V.C. Summer Nuclear Station offline Oct. 16 to begin a scheduled refueling outage. The outage, which follows an 18-month operating cycle, is the 18th for V.C. Summer Station since the plant began commercial operation in 1984.

“The recent operating cycle was the most successful in V.C. Summer’s 25-year history,” said Jeff Archie, senior vice president of SCE&G Nuclear Operations. “We set a continuous run record of 475 days, and our commitment to safety allowed us to surpass 5.5 million safe work hours. We are indeed proud of this team accomplishment and our strong safety culture.”

Approximately one-third of Summer Station's 157 uranium fuel assemblies are replaced every 18 months. Refueling outages also allow SCE&G to perform preventive maintenance work that cannot be performed when the plant is in operation. While the 966-megawatt plant is out of service, SCE&G’s other generating plants will provide electric power for its customers.

Although the plant set a new record for a continuous run, it did experience an automatic shutdown Oct. 2 due to a fault on the generator output breaker on the non-nuclear side of the plant. The generator output breaker is a piece of equipment that helps tie the plant to the power grid. Repair and testing of the breaker was completed in 10 days, allowing the plant to start up the evening of Oct. 12.

“Timing has been unique with this unanticipated maintenance outage happening so closely with our scheduled refueling outage,” Archie said. “Our team did a great job addressing the breaker repairs, which helped us avoid any impact to the start of our scheduled refueling outage.”

South Carolina Electric & Gas Company is a regulated public utility engaged in the generation, transmission, distribution and sale of electricity to approximately 654,000 customers in 26 counties in the central, southern and southwestern portions of South Carolina. The company also provides natural gas service to approximately 307,000 customers in 34 counties in the state.

SCANA Corporation, a Fortune 500 company headquartered in Columbia, South Carolina, is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. For information about SCANA and its businesses, visit www.scana.com.  

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 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, estimated construction and other expenditures. In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “could,” “should,” “expects,” “plans,” “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. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, the following: (1) the information is of a preliminary nature and may be subject to further and/or continuing review and adjustment; (2) regulatory actions, particularly changes in rate regulation and environmental regulations; (3) current and future litigation; (4) changes in the economy, especially in areas served by subsidiaries of SCANA Corporation (SCANA); (5) the impact of competition from other energy suppliers, including competition from alternate fuels in industrial interruptible markets; (6) growth opportunities for SCANA’s regulated and diversified subsidiaries; (7) the results of short- and long-term financing efforts, including future prospects for obtaining access to capital markets and other sources of liquidity; (8) changes in SCANA’s or its subsidiaries’ accounting rules and accounting policies; (9) the effects of weather, including drought, especially in areas where the Company’s generation and transmission facilities are located and in areas served by SCANA's subsidiaries; (10) payment by counterparties as and when due; (11) the results of efforts to license, site, construct and finance facilities for baseload electric generation; (12) 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; (13) performance of SCANA’s pension plan assets; (14) inflation; (15) compliance with regulations; and (16) the other risks and uncertainties described from time to time in the periodic reports filed by SCANA or South Carolina Electric & Gas Company (SCE&G) with the United States Securities and Exchange Commission (SEC). The Company disclaims any obligation to update any forward-looking statements.