SCE&G President Attributes Higher Rates to Small Size
SCE&G President Arthur Williams testified at PSC hearings that the utility’s smaller size drives higher rates compared to Duke Power and CP&L, due to less economies of scale. He noted potential future bond sales, possible rate hikes for residential and industrial customers, and challenged the link between conservation ads and bill amounts. Williams also warned of potential electricity allocation and tax relief questions for lower income customers.
MENTIONED IN THIS ARTICLE
Columbia
South Carolina Electric & Gas Co
Public Service Commission
Arthur Williams
PSC
Duke Power
Carolina Power and Light Co
Duke
Cp&l
Williams
Sce&g
Haart Moss
Patricia Brehmer
Commission
Four Identify Brothers McCORMICK on Murder Trial
Four prosecution witnesses identified James and David Morrison as the last people seen with three soldiers before their deaths. The Morrisons of Anaheim Calif are on trial in the killings at a Lake Clark Hill party after the victims were found the next day. Witnesses said the Morrisons and the soldiers left Ft Gordon Ga for a lake party where alcohol marijuana and women were described. Defense claims witnesses were intoxicated at the time.
MENTIONED IN THIS ARTICLE
Germany
Morrisons
South Carolina Economy Tracked in Decline Through December
The January summary of South Carolina Economic Indicators reports a broad December decline likely to persist into January with six of eight leading indicators down and unemployment reaching a record high. New business in corporations and nonfarm job placements improved slightly, while car sales and nonresidential construction permits fell to near half of 1973 levels.
MENTIONED IN THIS ARTICLE
Columbia
South Carolina
University of South Carolina
Bureau of Business and Economic Research
Aiken Standard Publishing and Postal Details
Aiken Standard issues daily except Saturdays and Sundays with address at 124 Rutland Drive Aiken South Carolina 29801. Second class postage paid at Aiken SC. AP dispatches reserved for local news and AP news. Publisher not responsible for ad errors but will correct in next issue on notice.
MENTIONED IN THIS ARTICLE
Aiken Standard
Rutland Drive
Aiken
S. C
Associated Press
Fea
Bumper Grain Crop Forecast Brightens THOMASVILLE
Ernest F. Boyce of Colonial Stores predicts the United States will see the greatest bumper crop of corn wheat and soybeans this year. He says lower crop costs and harvests abroad could curb food prices by year end despite rising fuel taxes. He warns against panicking and criticizes government waste while urging production and price relief.
MENTIONED IN THIS ARTICLE
Thomasville
Ernest F. Boyce
Colonial Stores Inc
Boyce
United States
Bank trims prime rate to 9 percent in NC
Charlotte AP reports First Union National Bank, North Carolina's third largest, cut its prime rate by half a point to 9 percent. It is the lowest rate among the state's major banks.
MENTIONED IN THIS ARTICLE
Charlotte
First Union National Bank
North Carolina
Power bills spark threats against NC utilities chief
North Carolina utility chief Marvin Wooten told lawmakers soaring fuel charges sparked threats to him and his family. He described direct and veiled threats and noted two children were not protected. The state utility commission cut fuel charges by 25 percent for residences for up to 60 days and continues its probe into fuel buying practices.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
State Utilities Commission
Marvin Wooten
House Public Utilities Committee
Wooten
Carolina Power & Light Co
E Power Co
Virginia Electric and Power Co
Capitol
Cp&l
Vepco
Duke
Military Briefs from Ft Stewart and Norfolk Navy Yard
Army Staff Sgt Rickey Hosea and Army Specialist Albert Lloyd participated in a field training exercise at Ft Stewart Georgia. Navy Machinery Repairman 3rd Class James N Gabor reported for duty aboard the destroyer tender USS Puget Sound based in Norfolk Virginia. Gabor is married to Deborah A Bell of Aiken.
MENTIONED IN THIS ARTICLE
FT. Stewart, Ga
ARMY
Rickey L. Hosea
Claude W. Hosea
Gloverville
Albert Lloyd
Nathaniel Lloyd
Aiken
Norfolk, VA
James N. Gabor
Puget Sound
Gabor
Mayo High School
Rochester, Minn
Deborah A. Bell
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Small Co
FBI
Portland
Ore
Mark Bennett
Glendale, Ariz
Eric Clickner
Manston, Wis
James Donaghy
el Paso
Tex
S.C
Aiken Standard - Pbm
Savion
Ford
Atlanta
Chamber of Commerce
N.C. Bank
Pacific Coast
Texas
Florida
California
Mitchell Shopping
s1OloTae A
Arnel
Jersey
Seersucker
Gingham
Leno