EXHIBIT H - 1

SECURITIES AND EXCHANGE COMMISSION

(Release No. 35-      )

Filing under the Public Utility Holding Company Act of 1935 (the "Act")

SCANA Corporation (70-9533)

     SCANA Corporation  ("SCANA"),  a registered  holding company under the Act,
South Carolina  Electric and Gas Company  ("SCE&G"),  South Carolina  Generating
Company,  Inc.  ("GENCO"),  South  Carolina Fuel Company,  Inc.,  South Carolina
Pipeline  Corporation,  SCANA Energy  Marketing  Inc.,  SCANA Propane Gas, Inc.,
SCANA Propane  Storage,  Inc., SCANA  Communications,  Inc.,  Servicecare  Inc.,
Primesouth,  Inc.,  SCANA  Resources  Development  Corporation,  SCANA Petroleum
Resources, Inc. and SCANA Service Company ("SCANA Service"), all located at 1426
Main Street, Columbia, South Carolina 29201, and Public Service Company of North
Carolina,  Incorporated ("PSNC"), SCANA Public Service Company LLC, Clean Energy
Enterprises,  Cardinal Pipeline Company,  LLC, and Pine Needle LNG Company, LLC,
all located at 400 Cox Road,  Gastonia,  North  Carolina  28054,  not  currently
subject  to  the  Act  (each  a  "Subsidiary"   and  together  with  SCANA,  the
"Applicants"),    have    filed   a    post-effective    amendment    to   their
application-declaration  (File No.  70-9533)  with the  Securities  and Exchange
Commission (the "Commission") under sections 6(a), 7, 9(a), 10, and 12 under the
Act and rules 43, 45, 53, and 54 under the Act.

     Applicants propose to amend their existing  financing  authorization as set
forth in Holding Co. Act  Release  No.  27137  (Feb.-14,  2000) (the  "Financing
Order") to increase the aggregate  amount to $3.125  billion from $2.385 billion
by (i) increasing  the aggregate  financing to be obtained from the issuance and
sale of common  stock,  no par value (other than for employee  benefit  plans or
stock purchase and dividend reinvestment plans), when combined with issuances of
long-term  debt by  SCANA,  to  $2.45  billion  from  $1.935  billion,  and (ii)
increasing  the amount  PSNC is  authorized  to issue in the form of  commercial
paper and short-term debt to $200 million to be outstanding at any one time from
$125 million to be outstanding at any one time and obtaining  authorization  for
PSNC to issue  $150  million  in  long-term  debt,  in each case for the  period
through February 11, 2003 (the "Authorization Period").

     The increases  described  herein  reflect a more  complete  analysis of the
financial needs of the post-merger  system.  All other amounts authorized by the
Financing Order shall remain unchanged.

     Financings by each  Applicant  under the Financing  Order as proposed to be
amended will remain subject to the following limitations: (i) the effective cost
of money on  long-term  debt  securities  will not exceed 300 basis  points over
comparable  term U.S.  Treasury  securities  and the effective  cost of money on
short-term  securities  will not exceed 300 basis point over the comparable term
London Interbank  Offered Rate; (ii) maturity of indebtedness will not exceed 50
years; (iii) the underwriting fees, commissions, or similar remuneration paid in
connection with the


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issue,  sale or  distribution  of a security will not exceed 5% of the principal
amount of the financing;  and (iv) SCANA represents that at all times during the
Authorization Period, its common equity will be at least 30% of its consolidated
capitalization.

     The proceeds from the sale of securities in external financing transactions
will be used for general corporate  purposes  including:  (i) the financing,  in
part, of the capital  expenditures  of the SCANA  system;  (ii) the financing of
working  capital  requirements  of the  SCANA  system;  (iii)  the  acquisition,
retirement  or redemption  of existing  securities;  and (iv) direct or indirect
investment in companies as authorized by the Commission and in Rule 58 companies
and exempt telecommunications companies.

     For the Commission, by the Division of Investment Management, pursuant
to delegated authority.


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