COMMON EQUITY

12 Months Ended

Dec. 31, 2016

Schedule of Capitalization, Equity [Line Items]

Stockholders' Equity Note Disclosure [Text Block]

COMMON EQUITY

SCANA’s articles of incorporation do not limit the dividends that may be paid on its common stock, and the articles of incorporation of each of SCANA's subsidiaries contain no such limitations on their respective common stock. However, SCE&G’s bond indenture and PSNC Energy’s note purchase and debenture purchase agreements each contain provisions that, under certain circumstances, which the Company and, in the case of SCE&G, Consolidated SCE&G consider to be remote, could limit the payment of cash dividends on their respective common stock.

The Federal Power Act requires the appropriation of a portion of certain earnings from hydroelectric projects. At December 31, 2016 and 2015, retained earnings of approximately $79.0 million and $72.4 million, respectively, were restricted by this requirement as to payment of cash dividends on SCE&G’s common stock.

Authorized shares of common stock were 200 million as of December 31, 2016 and 2015.

SCANA issued no common stock during the year ended December 31, 2016. SCANA issued common stock valued at $14.3 million (when issued) during the year ended December 31, 2015, to satisfy the requirements of deferred compensation and dividend reinvestment plans.

Authorized shares of SCE&G common stock were 50 million as of December 31, 2016 and 2015.  Authorized shares of SCE&G preferred stock were 20 million, of which 1,000 shares, no par value, were held by SCANA as of December 31, 2016 and 2015.

SCE&G

Schedule of Capitalization, Equity [Line Items]

Stockholders' Equity Note Disclosure [Text Block]

3.COMMON EQUITY

SCANA’s articles of incorporation do not limit the dividends that may be paid on its common stock, and the articles of incorporation of each of SCANA's subsidiaries contain no such limitations on their respective common stock. However, SCE&G’s bond indenture and PSNC Energy’s note purchase and debenture purchase agreements each contain provisions that, under certain circumstances, which the Company and, in the case of SCE&G, Consolidated SCE&G consider to be remote, could limit the payment of cash dividends on their respective common stock.

The Federal Power Act requires the appropriation of a portion of certain earnings from hydroelectric projects. At December 31, 2016 and 2015, retained earnings of approximately $79.0 million and $72.4 million, respectively, were restricted by this requirement as to payment of cash dividends on SCE&G’s common stock.

Authorized shares of common stock were 200 million as of December 31, 2016 and 2015.

SCANA issued no common stock during the year ended December 31, 2016. SCANA issued common stock valued at $14.3 million (when issued) during the year ended December 31, 2015, to satisfy the requirements of deferred compensation and dividend reinvestment plans.

Authorized shares of SCE&G common stock were 50 million as of December 31, 2016 and 2015.  Authorized shares of SCE&G preferred stock were 20 million, of which 1,000 shares, no par value, were held by SCANA as of December 31, 2016 and 2015.