LONG-TERM AND SHORT-TERM DEBT LONG-TERM AND SHORT-TERM DEBT (Tables)

9 Months Ended

Sep. 30, 2012

Short-term Debt [Line Items]

Long-term Debt [Text Block]

SCANA, SCE&G (including Fuel Company) and PSNC Energy had available the following committed LOC, and had outstanding the following LOC advances, commercial paper, and LOC-supported letter of credit obligations: 

	SCANA						SCE&G						PSNC Energy
Millions of dollars	September 30, 2012			December 31, 2011			September 30, 2012			December 31, 2011			September 30, 2012		December 31, 2011
Lines of credit:
Committed long-term
Total	$	300		$	300		$	1,100		$	1,100		$	100	$	100
LOC advances	—			—			—			—			—		—
Weighted average interest rate	—			—			—			—			—		—
Outstanding commercial paper (270 or fewer days)	$	66		$	131		$	327		$	512		—		$	10
Weighted average interest rate	0.80		%	0.63		%	0.47		%	0.56		%	—		0.57		%
Letters of credit supported by LOC	$	3		$	3		$	0.3		$	0.3		—		—
Available	$	231		$	166		$	773		$	588		$	100	$	90

SCE&G

Short-term Debt [Line Items]

Long-term Debt [Text Block]

LONG-TERM DEBT AND LIQUIDITY

Long-term Debt

     In July 2012, SCE&G issued $250 million of 4.35% first mortgage bonds due February 1, 2042, which constituted a reopening of $250 million of its 4.35% first mortgage bonds issued in January 2012. Proceeds from these sales were used to repay short-term debt primarily incurred as a result of SCE&G's construction program, to finance capital expenditures and for general corporate purposes.

 Substantially all of Consolidated SCE&G’s electric utility plant is pledged as collateral in connection with long-term debt. Consolidated SCE&G is in compliance with all debt covenants.

Liquidity

SCE&G (including Fuel Company) had available the following committed LOC, and had outstanding the following LOC advances, commercial paper, and LOC-supported letter of credit obligations:

Millions of dollars	September 30, 2012			December 31, 2011
Lines of credit:
Committed long-term
Total	$	1,100		$	1,100
LOC advances	—			—
Weighted average interest rate	—			—
Outstanding commercial paper (270 or fewer days)	$	327		$	512
Weighted average interest rate	0.47		%	0.56		%
Letters of credit supported by LOC	$	0.3		$	0.3
Available	$	773		$	588

At September 30, 2012, SCE&G and Fuel Company were parties to credit agreements in the amount of $1.1 billion, of which $400 million relates to Fuel Company. These credit agreements were used for general corporate purposes, including liquidity support for each company’s commercial paper program and working capital needs and, in the case of Fuel Company, to finance or refinance the purchase of nuclear fuel, fossil fuel, and emission and other environmental allowances.  As of September 30, 2012, Wells Fargo Bank, National Association, Bank of America, N. A. and Morgan Stanley Bank, N.A. each provided 10.0% of the aggregate $1.1 billion credit facilities, Branch Banking and Trust Company, Credit Suisse AG, Cayman Islands Branch, JPMorgan Chase Bank, N.A., Mizuho Corporate Bank, Ltd., TD Bank N.A. and UBS Loan Finance LLC each provided 8.0%, and Deutsche Bank AG New York Branch, Union Bank, N.A. and U.S. Bank National Association each provided 5.3%.  Three other banks provided the remaining 6.0%.

These credit agreements were amended and extended in October 2012 to expire in October 2017. In connection with the amendment and extension of the agreements, the amount of Fuel Company's credit agreement was increased to $500 million, and SCE&G's existing credit agreement remained the same size. In addition, SCE&G entered into a new three-year credit agreement in the amount of $200 million, which is scheduled to expire in October 2015. The amended and extended credit agreements, together with SCE&G's new three-year credit agreement total an aggregate of $1.4 billion. Wells Fargo Bank, National Association, Bank of America, N. A. and Morgan Stanley Bank, N.A. each provide 10.7% of the aggregate credit facilities, JPMorgan Chase Bank, N.A., Mizuho Corporate Bank, Ltd., TD Bank N.A., Credit Suisse AG, Cayman Islands Branch and UBS Loan Finance LLC each provide 8.9% and Branch Banking and Trust Company, Union Bank, N.A. and U.S. Bank National Association each provide 6.3%.  Two other banks provide the remaining support.

Consolidated SCE&G is obligated with respect to an aggregate of $67.8 million of industrial revenue bonds which are secured by letters of credit issued by Branch Banking and Trust Company.  These letters of credit expire, subject to renewal, in the fourth quarter of 2014.

SCE&G (including Fuel Company) had available the following committed LOC, and had outstanding the following LOC advances, commercial paper, and LOC-supported letter of credit obligations:

Millions of dollars	September 30, 2012			December 31, 2011
Lines of credit:
Committed long-term
Total	$	1,100		$	1,100
LOC advances	—			—
Weighted average interest rate	—			—
Outstanding commercial paper (270 or fewer days)	$	327		$	512
Weighted average interest rate	0.47		%	0.56		%
Letters of credit supported by LOC	$	0.3		$	0.3
Available	$	773		$	588