8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D. C.  20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): October 27, 2010

Commission	Registrant, State of Incorporation,	I.R.S. Employer
File Number	Address and Telephone Number	Identification No.
1-8809	SCANA Corporation	57-0784499
	(a South Carolina corporation)
	100 SCANA Parkway, Cayce, South Carolina 29033
	(803) 217-9000
1-3375	South Carolina Electric & Gas Company	57-0248695
	(a South Carolina corporation)
	100 SCANA Parkway, Cayce, South Carolina 29033
	(803) 217-9000

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

This combined Form 8-K is separately furnished by SCANA Corporation and South Carolina Electric & Gas Company.  Information contained herein relating to any individual company is furnished by such company on its own behalf.  Each company makes no representation as to information relating to the other company.

Item 2.02RESULTS OF OPERATIONS AND FINANCIAL CONDITION

On October 27, 2010, SCANA Corporation (together with its subsidiaries, the “Company”) issued the press release attached hereto as Exhibit 99.1, and will be posting information titled “Slide Presentation” to its website at www.scana.com.   The Slide Presentation information is attached hereto as Exhibit 99.2.

Item 9.01FINANCIAL STATEMENTS AND EXHIBITS

(d)Exhibits

Exhibit 99.1Press release dated October 27, 2010.

Exhibit 99.2Slide Presentation

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each of the registrants has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.  The signature of each registrant shall be deemed to relate only to matters having reference to such registrant and any subsidiaries thereof.

	SCANA Corporation
	South Carolina Electric & Gas Company
	(Registrants)
October 27, 2010		By:	/s/James E. Swan, IV
			James E. Swan, IV
			Controller

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EXHIBIT INDEX

Number
99.1	Press release dated October 27, 2010
99.2	Slide Presentation

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EX-99.1

Exhibit 99.1

For Immediate Release
Media Contact:	Investor Contact:
Eric Boomhower	Byron Hinson
(803) 217-7701	(803) 217-5352
eboomhower@scana.com	bhinson@scana.com

SCANA Reports Financial Results for Third Quarter and Year-to-Date 2010,

Reaffirms 2010 Earnings Guidance

Cayce, SC, October 27, 2010...SCANA Corporation (NYSE: SCG) today announced financial results for the period ended September 30, 2010 and reaffirmed 2010 guidance of $2.90 to $3.05 per share.

For the three months ended September 30, 2010, SCANA reported basic earnings per share of 80 cents, or $101 million, compared to 84 cents per share, or $103 million for the same earnings period in 2009.

“The decline in third quarter results was due primarily to resolution of a state income tax issue in 2009, which contributed 11 cents per share,” said Jimmy Addison, Senior Vice President and Chief Financial Officer. “The earnings drivers for the third quarter were improved electric margins resulting from electric base rate increases under the Base Load Review Act and the retail electric rate case, which offset higher interest expense, higher property taxes, slightly higher operations and maintenance expenses and dilution during this quarter.”

Addison also noted that this was the first quarter that included the new electric weather normalization adjustment mechanism (WNA). “On a prospective basis, with WNA in effect in our regulated operations at SCE&G and the Customer Utilization Tracker at PSNC Energy, about 90% of our earnings are more predictable for our shareholders and the effects of abnormal weather on customer’s bills are mitigated.”

For the nine months ended September 30, 2010, SCANA reported basic earnings of $2.25 per share, or $281 million, compared to $2.23 per share, or $272 million, for the same period in 2009.

“The year-to-date increase in earnings was driven primarily by improved electric and gas margins due to regulatory outcomes and customer growth.  These improvements were offset by higher interest expense, higher property taxes, slightly higher operation and maintenance expenses and dilution, as well as the effect of the resolution of the state income tax issue in 2009,” said Addison.

THIRD QUARTER RESULTS BY MAJOR LINES OF BUSINESS

South Carolina Electric & Gas Company

Reported earnings in the third quarter of 2010 at South Carolina Electric & Gas Company (SCE&G) were $111 million, or 87 cents per share (basic), compared to $109 million, or 89 cents per share, in the same quarter of 2009.  The decrease was due to the resolution in 2009 of the state tax issue related to State of South Carolina Economic Impact Zone (EIZ) Tax Credits, higher interest expense, higher property taxes, higher operations and maintenance expenses and dilution, which more than offset higher electric and gas margins. At September 30, 2010, SCE&G was serving approximately 660,000 electric customers and approximately 309,000 natural gas customers, both up approximately 1 percent over a year earlier.

PSNC Energy

PSNC Energy, the Company’s North Carolina-based retail natural gas distribution subsidiary, reported a seasonal loss of $5 million, or 4 cents per share, in the third quarter of 2010, unchanged compared to the third quarter of 2009. At September 30, 2010, PSNC Energy was serving approximately 468,000 customers, an increase of 1.6 percent over a year earlier.

SCANA Energy — Georgia

SCANA Energy, the Company’s retail natural gas marketing business in Georgia, reported a loss of $3 million, or 2 cents per share, in the third quarter of 2010, unchanged compared to the third quarter of 2009. At September 30, 2010, SCANA Energy was serving more than 445,000 customers, an increase of approximately 1 percent over a year earlier.

Corporate and Other, Net

SCANA’s corporate and other businesses, which include Carolina Gas Transmission, SCANA Communications, ServiceCare, SCANA Energy Marketing and the holding company, reported a loss in the third quarter of 2010 of $2 million, or 1 cent per share, compared to earnings of $1 million, or 1 cent per share in the same quarter last year.  The results for 2010 reflect slightly higher interest expense and income taxes than the same period in 2009.

UPDATE ON ANNUAL BLRA RATE PROCEEDING

On September 30, 2010 the South Carolina Public Service Commission approved SCE&G’s annual Revised Rate Adjustment request for the annual recovery of financing costs related to its new nuclear construction. This rate adjustment was based upon the incremental project construction work in progress incurred from July 1, 2009 through June 30, 2010 and the updated capital structure with the return on equity set at 11 percent.  The approved increase of $47.3 million, or 2.3 percent, will be effective for bills rendered on or after October 30th of this year.

EARNINGS OUTLOOK

The Company reaffirmed its guidance for 2010 basic earnings per share of $2.90 to $3.05. These estimates exclude any potential impacts from changes in accounting principles and gains or losses

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from certain investing activities, litigation and sales of assets. Other factors and risks that could impact future earnings are discussed in the Company’s filings with the Securities and Exchange Commission and below under the Safe Harbor Statement. The Company continues to target an average annual earnings growth rate of 4 to 6 percent over the next 3 to 5 years.

CONFERENCE CALL NOTICE

SCANA will host its quarterly conference call for security analysts at 2:00 p.m. Eastern Daylight Time on Wednesday, October 27, 2010. The call-in numbers for the conference call are 1-866-713-8565 (US/Canada) and 1-617-597-5324 (International). The passcode is 67889312. Participants should call in 5 to 10 minutes prior to the scheduled start time. A replay of the conference call will be available approximately 2 hours after conclusion of the call through November 10, 2010. The telephone replay numbers are 1-888-286-8010 (US/Canada) and 1-617-801-6888 (International). The passcode for the telephone replay is 71189982.

All interested persons, including investors, media and the general public, may listen to a live listen-only web cast of the conference call at the Company’s website at www.scana.com.  Participants should go to the website at least 5 to 10 minutes prior to the call start time and follow the instructions. A replay of the web cast and a transcript of the call will be available on the Company’s website approximately 2 hours after conclusion of the call through November 10, 2010.

PROFILE

SCANA Corporation, a Fortune 500 company headquartered in Cayce, SC, is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. The Company serves approximately 660,000 electric customers in South Carolina and more than 1.2 million natural gas customers in South Carolina, North Carolina and Georgia. Information about SCANA and its businesses is available on the Company’s website at www.scana.com.

SAFE HARBOR STATEMENT

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 and estimated construction and other expenditures. In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “could,” “should,” “expects,” “forecasts,” “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, regulations governing electric grid reliability 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

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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) the availability of skilled and experienced human resources to properly manage, operate, and grow the Company’s businesses; (14) labor disputes; (15) performance of SCANA’s pension plan assets; (16) higher taxes; (17) inflation; (18) compliance with regulations; and (19) the other risks and uncertainties described from time to time in the periodic reports filed by SCANA or SCE&G with the United States Securities and Exchange Commission (SEC).  The Company disclaims any obligation to update any forward-looking statements.

###

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FINANCIAL AND OPERATING INFORMATION

Condensed Consolidated Statements of Income

(Millions, except per share amounts) (Unaudited)

	Quarter Ended  September 30,						Nine Months Ended  September 30,
	2010			2009			2010			2009
Operating Revenues:
Electric (1)	$	705		$	615		$	1,820		$	1,633
Gas-Regulated	120			117			687			675
Gas-Nonregulated	263			189			948			835
Total Operating Revenues	1,088			921			3,455			3,143
Operating Expenses:
Fuel Used in Electric Generation	280			220			736			595
Purchased Power	7			3			12			11
Gas Purchased for Resale	307			233			1,243			1,146
Other Operation and Maintenance	164			163			503			485
Depreciation and Amortization	85			83			251			248
Other Taxes	49			44			147			135
Total Operating Expenses	892			746			2,892			2,620
Operating Income	196			175			563			523
Other Income (Expense):
Other Income	13			27			38			51
Other Expenses	(10		)	(10		)	(29		)	(30		)
Interest Charges, Net	(67		)	(59		)	(198		)	(172		)
Allowance for Equity Funds Used During Construction	6			9			17			23
Total Other Expense	(58		)	(33		)	(172		)	(128		)
Income Before Income Tax Expense and Earnings from Equity Method Investments	138			142			391			395
Income Tax Expense (1)	38			40			112			122
Income Before Earnings from Equity Method Investments	100			102			279			273
Earnings from Equity Method Investments	1			2			2			4
Net Income	101			104			281			277
Less Preferred Dividends of Subsidiary	0			1			0			5
Income Available to Common Shareholders of SCANA Corporation	$	101		$	103		$	281		$	272
Basic Earnings Per Share of Common Stock	$	.80		$	.84		$	2.25		$	2.23
Diluted Earnings Per Share of Common Stock(2)	$	.79		$	.84		$	2.24		$	2.23
Weighted Average Shares Outstanding (Millions):
Basic	126.6			122.5			125.2			121.8
Diluted(2)	127.5			122.6			125.6			121.8
Dividends Declared Per Share of Common Stock	$	.475		$	.47		$	1.425		$	1.41

Note (1): In the first quarter of 2010, pursuant to authorization by the Public Service Commission of South Carolina in connection with its annual review of fuel cost and rates, the Company accelerated the recognition of previously deferred state income tax credits in the amount of $17 million (thereby lowering income tax expense), and recorded an offsetting reduction of 2010’s recovery of fuel costs (electric revenue).  These offsetting decreases had no effect on income available to common shareholders.

Note (2): In May 2010, SCANA entered into an equity forward sales agreement.  During periods when the average market price of SCANA’s common stock is above the per share adjusted forward sales price, the Company computes diluted earnings per share giving effect to this dilutive potential common stock utilizing the treasury stock method.

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Condensed Consolidated Balance Sheets

(Millions) (Unaudited)

	September 30,		December 31,
	2010		2009
ASSETS:
Utility Plant, Net	$	9,461	$	9,009
Nonutility Property and Investments, Net	447		431
Total Current Assets	1,476		1,521
Total Regulatory Assets and Deferred Debits	1,218		1,133
Total	$	12,602	$	12,094
CAPITALIZATION AND LIABILITIES:
Capitalization:
Common Equity	$	3,584	$	3,408
Long-Term Debt, Net	3,865		4,483
Total Capitalization	7,449		7,891
Current Liabilities:
Short-Term Borrowings	335		335
Current Portion of Long-Term Debt	631		28
Other	1,002		893
Total Current Liabilities	1,968		1,256
Total Regulatory Liabilities and Deferred Credits	3,185		2,947
Total	$	12,602	$	12,094

Earnings (Loss) per Share by Company

(Unaudited)

	Quarter Ended  September 30,						Nine Months Ended  September 30,
	2010			2009			2010			2009
SC Electric & Gas	$	.87		$	.89		$	1.89		$	1.89
PSNC Energy	(.04		)	(.04		)	.20			.22
SCANA Energy-Georgia	(.02		)	(.02		)	.17			.13
Corporate and Other	(.01		)	.01			(.01		)	(.01		)
Basic Earnings per Share	$	.80		$	.84		$	2.25		$	2.23
Diluted Earnings per Share	$	.79		$	.84		$	2.24		$	2.23

Variances in Earnings per Share:

(Unaudited)

	Quarter Ended  September 30,			Nine Months Ended September 30,
2009 Basic and Diluted Earnings per Share	$	.84		$	2.23
Variances:
Electric Margin (1)	.14			.32
Natural Gas Margin	.01			.14
Operation & Maintenance Expense	(.01		)	(.09		)
Interest Expense (Net of AFUDC)	(.03		)	(.09		)
Property Taxes	(.02		)	(.06		)
Depreciation	(.01		)	(.02		)
Impact of Changes in Shares Outstanding	(.03		)	(.06		)
EIZ State Income Tax Benefit (including Interest)	(.11		)	(.11		)
Income Taxes (other than EIZ)	.04			.00
Other, Net	(.02		)	(.01		)
Variances in Earnings per Share	(.04		)	.02
2010 Basic Earnings per Share	.80			2.25
Additional dilution re: potential common stock(2)	(.01		)	(.01		)
2010 Diluted Earnings per Share	$	.79		$	2.24

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Consolidated Operating Statistics

	Quarter Ended September  30,				Nine Months Ended September 30,
	2010	2009	% Change		2010	2009	% Change
Electric Operations:
Sales (Million KWH):
Residential	2,603	2,350	10.8		6,883	6,153	11.9
Commercial	2,236	2,112	5.9		5,921	5,676	4.3
Industrial	1,568	1,447	8.4		4,414	4,014	10.0
Other	167	158	5.7		440	429	2.6
Total Retail Sales	6,574	6,067	8.4		17,658	16,272	8.5
Wholesale	583	586	(0.5	)	1,484	1,587	(6.5	)
Total Sales	7,157	6,653	7.6		19,142	17,859	7.2
Customers (Period-End, Thousands)					660	654	0.9
Natural Gas Operations:
Sales (Thousand Dekatherms):
Residential	3,962	4,293	(7.7	)	50,922	44,215	15.2
Commercial	5,352	5,622	(4.8	)	28,412	27,244	4.3
Industrial	53,353	41,318	29.1		134,585	119,539	12.6
Total Retail Sales	62,667	51,233	22.3		213,919	190,998	12.0
Sales for Resale	1,289	1,808	(28.7	)	5,561	7,443	(25.3	)
Total Sales	63,956	53,041	20.6		219,480	198,441	10.6
Transportation Volumes	36,006	31,779	13.3		111,217	99,688	11.6
Customers (Period-End, Thousands)					1,222	1,208	1.2

Security Credit Ratings (as of 10/27/10):

	Moody’s	Standard & Poor’s	Fitch
SCANA Corporation:
Senior Unsecured	Baa2	BBB	BBB+
Junior Subordinated Debt	Baa3	BBB-	BBB-
Commercial Paper	P-2	A-2	F-2
Outlook	Negative	Stable	Stable
South Carolina Electric & Gas Company:
Senior Secured	A3	A	A
Senior Unsecured	Baa1	BBB+	A-
Commercial Paper	P-2	A-2	F-2
Outlook	Negative	Stable	Stable
PSNC Energy:
Senior Unsecured	A3	BBB+	A-
Commercial Paper	P-2	A-2	F-2
Outlook	Negative	Stable	Stable
South Carolina Fuel Company:
Commercial Paper	P-2	A-2	F-2

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EX-99.2

Exhibit 99.2

SCANA CORPORATION Third Quarter 2010

2 SCANA CORPORATION Safe Harbor Statement Statements included in this presentation 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 and estimated construction and other expenditures. In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “could,” “should,” “expects,” “forecasts,” “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, regulations governing electric grid reliability 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) the availability of skilled and experienced human resources to properly manage, operate, and grow the Company’s businesses; (14) labor disputes; (15) performance of SCANA’s pension plan assets; (16) higher taxes; (17) inflation; (18) compliance with regulations; and (19) 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.

3 SCANA CORPORATION Note (1): In the first quarter of 2010, pursuant to authorization by the Public Service Commission of South Carolina in connection with its annual review of fuel cost and rates, the Company accelerated the recognition of previously deferred state income tax credits in the amount of $17 million (thereby lowering income tax expense), and recorded an offsetting reduction of 2010’s recovery of fuel costs (electric revenue). These offsetting decreases had no effect on income available to common shareholders. Note (2): In May 2010, SCANA entered into an equity forward sales agreement. During periods when the average market price of SCANA’s 2010 Variances vs. 2009 Quarter Ended Nine Months Ended September 30, 2010 September 30, 2010 Electric Margin (1) .14 .32 Natural Gas Margin .01 .14 Operation & Maintenance Expense (.01) (.09) Interest Expense (Net of AFUDC) (.03) (.09) Property Taxes (.02) (.06) Depreciation (.01) (.02) Impact of Changes in Shares Outstanding (.03) (.06) EIZ State Income Tax Benefit (including interest) (.11) (.11) Income Taxes (Other than EIZ) .04 .00 Other, Net (.02) (.01) Total, Basic (.04) .02 Additional Dilution re: potential common stock(2) (.01) (.01) Total, Diluted (.05) .01common stock is above the per share adjusted forward sales price, the Company computes diluted earnings per share giving effect to this dilutive potential common stock using the treasury stock method. Earnings $0.80 (2010) vs. $0.84 (2009) EPS (Basic) for the Third Quarter $2.25 (2010) vs. $2.23 (2009) EPS (Basic) for Year-to-Date

4 Electric Operating Statistics SCANA CORPORATION Electric Operations: Quarter Ended September 30, 2010 2009 % Change Sales (Million KWH) Residential 2,603 2,350 10.8 Commercial 2,236 2,112 5.9 Industrial 1,568 1,447 8.4 Other 167 158 5.7 Total Retail Sales 6,574 6,067 8.4 Wholesale 583 586 (0.5) Total Sales 7,157 6,653 7.6 Electric Operations: Nine Months Ended September 30, 2010 2009 % Change Sales (Million KWH) Residential 6,883 6,153 11.9 Commercial 5,921 5,676 4.3 Industrial 4,414 4,014 10.0 Other 440 429 2.6 Total Retail Sales 17,658 16,272 8.5 Wholesale 1,484 1,587 (6.5) Total Sales 19,142 17,859 7.2 Customers (Period-End, Thousands) 660 654 0.9

5 Gas Operating Statistics SCANA CORPORATION Natural Gas Operations: Nine Months Ended September 30, 2010 2009 % Change Sales (Thousand Dekatherms): Residential 50,922 44,215 15.2 Commercial 28,412 27,244 4.3 Industrial 134,585 119,539 12.6 Total Retail Sales 213,919 190,998 12.0 Sales for Resale 5,561 7,443 (25.3) Total Sales 219,480 198,441 10.6 Transportation Volumes 111,217 99,688 11.6 Customers (Period-End, Thousands) 1,222 1,208 1.2 Natural Gas Operations: Quarter Ended September 30, 2010 2009 % Change Sales (Thousand Dekatherms): Residential 3,962 4,293 (7.7) Commercial 5,352 5,622 (4.8) Industrial 53,353 41,318 29.1 Total Retail Sales 62,667 51,233 22.3 Sales for Resale 1,289 1,808 (28.7) Total Sales 63,956 53,041 20.6 Transportation Volumes 36,006 31,779 13.3

6 Earnings per Share by Company SCANA CORPORATION Quarter Ended September 30, Nine Months Ended September 30, 2010 2009 2010 2009 SC Electric & Gas $ .87 $ .89 $1.89 $1.89 PSNC Energy (.04) (.04) .20 .22 SCANA Energy – Georgia (.02) (.02) .17 .13 Corporate and Other (.01) .01 (.01) (.01) Basic EPS $ .80 $ .84 $2.25 $2.23 Diluted EPS $ .79 $ .84 $2.24 $2.23

8 SCANA CORPORATION 5- Year Credit Facility $400 $250 $250 $200 $- $250 $500 $750 $1,000 $1,250 $1,500 Previous Millions of Dollars $700 $400 $100 $300 $- $250 $500 $750 $1,000 $1,250 $1,500 New Millions of Dollars SCANA PSNC SCFC SCE&G $1.1 Billion $1.5 Billion

9 BLRA – June 2010 Quarterly Filing * SCANA CORPORATION Forecast Item Projected @ 6/30/2010 (Five-Year Average Rates) As Forecasted Or Approved In Order 2010-12 Change Gross Construction $6,226,742 $6,875,315 ($648,573) Less: AFUDC $329,766 $315,739 $14,027 Total Project Cash Flow $5,896,976 $6,559,576 ($662,600) Less: Escalation $1,362,230 $2,024,829 ($662,600) Capital Cost, 2007 Dollars $4,534,747 $4,534,747 $0 Chart B: Reconciliation of Capital Cost ($000) Project Milestones % Total Milestones Completed 53 out of 146 36% “Forecasted escalation costs will vary as escalation indices are revised” * These figures include the $438 million contingency. Earlier this year, the South Carolina Supreme Court ruled that the contingency reserve of $438 million under the Base Load Review Act order could not be pre-approved as the Public Service Commission of South Carolina (PSC) had done. Instead, the Company is now required to submit costs above its base budget for approval by the PSC as they are identified to specific budget items. The Company anticipates filing within the next 30 days for an amount estimated to be between $150 million and $200 million, in 2007 dollars. The costs in question would be incurred over the course of the construction project which is scheduled to be completed in 2019. The Company still anticipates completing the project within the original budget estimate that included the contingency projection of $438 million and is simply responding to the court's decision by seeking commission approval to reclassify these costs from contingency funds to specific budget categories.

Overview of Key Provisions 9 $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 $9,000,000 $10,000,000 $11,000,000 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Total Project Costs October 2010 (includes escalation & contingency) Projection Budget Actual Committed $10.6B $9.6B Actual $1.2B Budget $1.4B Committed $6.0B ~ $1 Billion Lower 100% of Costs (000) SCANA CORPORATION

10 ~ 2/3 EPC Costs Fixed / Fixed with Escalators SCE&G, Westinghouse, & Shaw agreed to shift significant additional portions of the EPC contract components from the “target” category to the “fixed cost” and “fixed cost with escalation” categories categories About 66% of Total Project is Fixed/Fixed with Escalation 0 20 40 60 80 100 Executed Contract Contract as of 10/2010 Target Fixed/Firm SCANA CORPORATION Cost Categories (Percent)

BLRA Filings Filed Revenue Requested Revenue Granted % Req. Granted % Increase Effective BLRA Initial Filing 05/30/08 $7.8 $7.8 100% 0.4% BLRA Annual RRA 05/29/09 $22.5 $22.5 100% 1.1% BLRA Annual RRA 05/28/10 $47.3(1) $47.3 100% 2.3% 2010 Regulatory Schedule New Nuclear Annual Matters Other Activities 5/17 Q1 Status Report 2/28 - Integrated Resource Plan Filing 4/1 DSM Hearing 8/16 Q2 Status Report 3/25 Electric Fuel Cost Review Retail Electric Base Case 11/15 Q3 Status Report 5/28 - BLRA Revised Rate Application Feb Q4 Status Report 6/15 - Gas RSA Filing Completed ($ in Millions) SCANA CORPORATION Regulatory Update 11 (1) Adjusted amount based on actual CWIP, net of Supreme Court decision

12 Questions? SCANA CORPORATION