Natural Gas Rate Stabilization Act amends South Carolina's natural gas rate regulations.

The Natural Gas Rate Stabilization Act amends South Carolina's natural gas rate regulations by allowing utilities to elect to apply the act's terms for five years. The Public Service Commission must review and make changes to the return on equity, cost of service, revenue allocation, capital structure, and rate design every five years. The act also modifies the duration of the election and the withdrawal of a request to come under the act. The Office of Regulatory Staff reviews monitoring reports and proposes adjustments to tariff rates. The act takes effect upon approval by the Governor.

Natural Gas Rate Stabilization Act amends South Carolina's natural gas rate regulations.

The Natural Gas Rate Stabilization Act amends South Carolina's natural gas rate regulations by allowing utilities to elect to apply the act's terms for five years. The Public Service Commission must review and make changes to the return on equity, cost of service, revenue allocation, capital structure, and rate design every five years. The act also modifies the duration of the election and the withdrawal of a request to come under the act. The Office of Regulatory Staff reviews monitoring reports and proposes adjustments to tariff rates. The act takes effect upon approval by the Governor.