SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
(Mark One)
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ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the fiscal year ended
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TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the transition period from to
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I.R.S. Employer |
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Commission File Number |
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Exact name of registrant as specified in its charter |
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Identification Number |
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(State or other jurisdiction of incorporation or organization) |
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(Address of principal executive offices) |
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(Zip Code) |
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( |
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(Registrants’ telephone number) |
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Securities registered pursuant to Section 12(b) of the Act:
None
Securities registered pursuant to Section 12(g) of the Act:
Indicate by check mark whether the registrant is a well-known seasoned issuer as defined in Rule 405 of the Securities Act.
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.
Yes ☐
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," “non-accelerated filer,” "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.
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Large accelerated filer |
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Accelerated filer |
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non-accelerated filer |
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Smaller reporting company |
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Emerging growth company |
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant is a shell company (as defined by Rule 12b-2 of the Act).
Yes
At February 15, 2020, Dominion Energy South Carolina, Inc. had
DOMINION ENERGY SOUTH CAROLINA, INC. MEETS THE CONDITIONS SET FORTH IN GENERAL INSTRUCTION I(1)(a) AND (b) OF FORM 10-K AND IS FILING THIS FORM 10-K UNDER THE REDUCED DISCLOSURE FORMAT.
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Item Number |
Page Number |
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3 |
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Item 1. |
5 |
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Item 1A. |
6 |
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Item 1B. |
11 |
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Item 2. |
11 |
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Item 3. |
12 |
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Item 4. |
12 |
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Item 5. |
13 |
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Item 6. |
13 |
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Item 7. |
14 |
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Item 7A. |
17 |
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Item 8. |
18 |
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Item 9. |
60 |
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Item 9A. |
60 |
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Item 9B. |
60 |
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Item 10. |
61 |
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Item 11. |
61 |
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Item 12. |
61 |
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Item 13. |
61 |
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Item 14. |
61 |
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Item 15. |
62 |
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Item 16. |
63 |
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The following abbreviations or acronyms used in this Form 10-K are defined below:
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Abbreviation or Acronym |
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Definition |
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2015 Task Order |
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Retail services agreement between DESC and the DOE, which includes a FERC jurisdictional lease of the DOE transmission facilities at the Savannah River Site |
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2017 Tax Reform Act |
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An Act to Provide for Reconciliation Pursuant to Titles II and V of the Concurrent Resolution on the Budget for Fiscal Year 2018 (previously known as The Tax Cuts and Jobs Act) enacted on December 22, 2017 |
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ACE Rule |
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Affordable Clean Energy Rule |
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AFUDC |
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Allowance for funds used during construction |
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AOCI |
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Accumulated other comprehensive income (loss) |
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ARO |
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Asset retirement obligation |
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BACT |
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Best available control technology |
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bcf |
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Billion cubic feet |
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BLRA |
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South Carolina Base Load Review Act |
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CAA |
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Clean Air Act |
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CCR |
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Coal combustion residual |
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CEO |
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Chief Executive Officer |
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CERCLA |
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Comprehensive Environmental Response, Compensation and Liability Act of 1980, also known as Superfund |
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CFO |
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Chief Financial Officer |
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CO2 |
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Carbon dioxide |
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Consortium |
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A consortium consisting of Westinghouse and WECTEC |
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CWA |
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Clean Water Act |
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DECG |
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Dominion Energy Carolina Gas Transmission, LLC |
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DER |
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Distributed energy resource |
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DESC |
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The legal entity, Dominion Energy South Carolina, Inc. (formerly known as South Carolina Electric & Gas Company), one or more of its consolidated entities or operating segment, or the entirety of Dominion Energy South Carolina, Inc. and its consolidated entities |
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DESS |
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Dominion Energy Southeast Services, Inc. (formerly known as SCANA Services, Inc.) |
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Dominion Energy South Carolina |
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Dominion Energy South Carolina operating segment |
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Dodd-Frank Act |
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The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 |
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DOE |
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U.S. Department of Energy |
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Dominion Energy |
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The legal entity, Dominion Energy, Inc., one or more of its consolidated subsidiaries (other than DESC) or operating segments, or the entirety of Dominion Energy, Inc. and its consolidated subsidiaries |
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DSM |
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Demand-side management |
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ELG Rule |
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Effluent limitations guidelines for the steam electric power generating category |
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EMANI |
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European Mutual Association for Nuclear Insurance |
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EPA |
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U.S. Environmental Protection Agency |
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FASB |
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Financial Accounting Standards Board |
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FERC |
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Federal Energy Regulatory Commission |
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FILOT |
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Fee in lieu of taxes |
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Fuel Company |
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South Carolina Fuel Company, Inc. |
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GAAP |
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U.S. generally accepted accounting principles |
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GENCO |
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South Carolina Generating Company, Inc. |
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GHG |
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Greenhouse gas |
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IAA |
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Interim Assessment Agreement dated March 28, 2017, as amended, among DESC, Santee Cooper, Westinghouse and WECTEC |
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IRS |
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Internal Revenue Service |
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MATS |
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Utility Mercury and Air Toxics Standard Rule |
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MD&A |
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Management’s Discussion and Analysis of Financial Condition and Results of Operations |
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MGD |
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Million gallons a day |
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MGP |
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Manufactured gas plant |
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MW |
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Megawatt |
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NAV |
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Net asset value |
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NEIL |
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Nuclear Electric Insurance Limited |
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NND Project |
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V.C. Summer Units 2 and 3 nuclear development project under which DESC and Santee Cooper undertook to construct two Westinghouse AP1000 Advanced Passive Safety nuclear units in Jenkinsville, South Carolina |
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NOX |
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Nitrogen oxide |
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NRC |
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U.S. Nuclear Regulatory Commission |
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NSPS |
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New Source Performance Standards |
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Order 1000
ORS |
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Order issued by FERC adopting requirements for electric transmission planning, cost allocation and development South Carolina Office of Regulatory Staff |
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PGA |
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Purchased gas adjustment |