South Carolina could see more than $18.7 billion in increased economic output from the proposed merger of Dominion Energy Inc. with South Carolina Electric & Gas (SCE&G) and its corporate parent, SCANA Corp., according to a new study done by one of the state’s leading economists.

The benefits come from Dominion Energy’s plan to provide direct cash payments and lower electric rates to SCE&G electric customers as well as the additional benefits created as the cash payments and customer savings work their way into the South Carolina economy, the study said.

Read the Whole Article in our Digital Edition