Competitive electric provider Electric Lite has drawn the attention of the South Carolina Public Service Commission with its promises of guaranteed rate reductions of 20 percent.
Electric Lite intends to compete against South Carolina investor-owned utilities for customers when the Legislature opens the market to competition.
The proposed "Competitive Power Act," if approved by the Legislature, would open the state's electric markets to competition in January 1998. However, it would not allow customers of Santee Cooper or rural electric cooperatives to choose their power suppliers.
The commission asked Electric Lite to respond to 25 questions. While the company responded, it refused to answer seven questions concerning its finances, arguing that proprietary information had to be protected. Electric Lite also is questioning the authority of the PSC because it has not yet applied to the commission for a certificate. (em LB
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