----

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**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      DC 20549**

**FORM      10-Q**

|  x | QUARTERLY                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                ACT OF                1934 |
|---------|--------------------------------------------------------------------------------------------------------------------------------------|

|  ¨ | TRANSITION                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                ACT OF                1934 |
|--------------|---------------------------------------------------------------------------------------------------------------------------------------|

| 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)                        |                              |
|                       | 1426                Main Street, Columbia, South Carolina 29201 |                              |
|                       | (803)                217-9000                                        |                              |
|                       |                                                                 |                              |
| 1-3375                     | South                Carolina Electric & Gas Company             | 57-0248695                        |
|                       | (a                South Carolina corporation)                        |                              |
|                       | 1426                Main Street, Columbia, South Carolina 29201 |                              |
|                       | (803)                217-9000                                        |                              |

**□**

**□**

| SCANA                Corporation                         | Large                accelerated filer x           | Accelerated                filer **□** | Non-accelerated                filer **□** |
|----------------------------------------------------------|----------------------------------------------------|----------------------------------------------|--------------------------------------------------|
| South                Carolina Electric & Gas Company | Large                accelerated filer **□** | Accelerated                filer **□** | Non-accelerated                filer x           |

**□**
**□**
** **

|                                                                           | Description                of          | Shares                Outstanding                                                                     |
|--------------------------------------------------------------------------------|----------------------------------------|-------------------------------------------------------------------------------------------------------|
| Registrant                                                                     | Common                Stock            | at                October 31, 2007                                                                    |
| SCANA                Corporation                                               |  Without                Par Value |                116,664,933 |
| South                Carolina Electric & Gas Company                       | $4.50                Par Value         |                         40,296,147 (a)                        |
|  (a)Owned                beneficially and of record by SCANA Corporation. |                                   |

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Table          of Contents

**TABLE      OF CONTENTS**

**SEPTEMBER      30, 2007**

|                                                                                               | Page                                                                       |
|----------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------|
|  **Cautionary                Statement Regarding Forward-Looking                Information** |  3                                                                    |
|                                                                                               |                                                                       |
| **PART I.                FINANCIAL INFORMATION**                                              |                                                                       |
|                                                                                               |                                                                       |
| **SCANA                Corporation Financial                Section**                              | 4                                                                          |
|                                                                                               | Item                1.                                                     | Financial                Statements | 5 |
|                                                                                               |                                                                       | Condensed                Consolidated Balance Sheets | 5 |
|                                                                                               |                                                                       | Condensed                Consolidated Statements of                Income | 7 |
|                                                                                               |                                                                       | Condensed                Consolidated Statements of Cash                Flows | 8 |
|                                                                                               |                                                                       | Condensed                Consolidated Statements of Comprehensive                Income | 9 |
|                                                                                               |                                                                       | Notes                to Condensed Consolidated Financial                Statements | 10 |
|                                                                                               | Item                2.                                                     | Management’s                Discussion and Analysis of Financial                Condition and Results of Operations | 19 |
|                                                                                               | Item                3.                                                     | Quantitative                and Qualitative Disclosures About Market                Risk | 26 |
|                                                                                               | Item                4.                                                     | Controls                and Procedures | 27 |
|                                                                                               |
| **South                Carolina Electric & Gas Company Financial                Section**      | 28                                                                         |
|                                                                                               | Item                1.                                                     | Financial                Statements | 29 |
|                                                                                               |                                                                       | Condensed                Consolidated Balance Sheets | 29 |
|                                                                                               |                                                                       | Condensed                Consolidated Statements of Income | 31 |
|                                                                                               |                                                                       | Condensed                Consolidated Statements of Cash                Flows | 32 |
|                                                                                               |                                                                       | Notes                to Condensed Consolidated Financial                Statements | 33 |
|                                                                                               | Item                2.                                                     | Management’s                Discussion and Analysis of Financial                Condition and Results of Operations | 41 |
|                                                                                               | Item                3.                                                     | Quantitative                and Qualitative Disclosures About Market Risk | 46 |
|                                                                                               | Item                4T.                                                    | Controls                and Procedures | 46 |
|                                                                                               |                                                                       |
| **PART                II. OTHER INFORMATION**                                                      | 47                                                                         |
|                                                                                               |                                                                       |   |
| Item                2.                                                                             | Unregistered                Sales of Equity Securities and Use of Proceeds | 47 |
|                                                                                               |                                                                       |   |
| Item                6.                                                                             | Exhibits                                                                   | 47 |
|                                                                                               |                                                                       |   |
| Signatures                                                                                         | 48                                                                         |
|                                                                                               |                                                                       |   |
| Exhibit                Index                                                                       | 49                                                                         |

Table          of Contents

**CAUTIONARY      STATEMENT REGARDING FORWARD-LOOKING      INFORMATION**

**SCANA      and SCE&G disclaim any obligation to update any forward-looking      statements.**

Table          of Contents

**SCANA      CORPORATION**

**FINANCIAL      SECTION**

Table          of Contents

**PART I.  FINANCIAL      INFORMATION**

**ITEM      1.  FINANCIAL STATEMENTS**

BALANCE SHEETS

|                                                                                                                                          |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                          |   | September                30, |   |   | December                31, |   |
| Millions                of dollars                                                                                                            |   | 2007 |   |   | 2006 |   |
| Assets                                                                                                                                        |   |   |   |
| Utility                  Plant In Service                                                                                                     |   | $ | 9,639 |   |   | $ | 9,227 |   |
| Accumulated                  Depreciation and Amortization                                                                                    |   |   | (2,964 | ) |   |   | (2,815 | ) |
|                                                                                                                                          |   |   | 6,675 |   |   |   | 6,412 |   |
| Construction                  Work in Progress                                                                                                |   |   | 338 |   |   |   | 326 |   |
| Nuclear                  Fuel, Net of Accumulated Amortization                                                                                |   |   | 66 |   |   |   | 39 |   |
| Acquisition                  Adjustments                                                                                                      |   |   | 230 |   |   |   | 230 |   |
| Utility                  Plant, Net                                                                                                           |   |   | 7,309 |   |   |   | 7,007 |   |
|                                                                                                                                          |   |   |   |   |   |   |   |   |
| Nonutility                  Property and Investments:                                                                                         |   |   |   |   |   |   |   |   |
|                    Nonutility property, net of accumulated depreciation of $81 and                  $70                        |   |   | 124 |   |   |   | 132 |   |
|                    Assets held in trust, net-nuclear decommissioning                                                                     |   |   | 61 |   |   |   | 56 |   |
|                    Other investments                                                                                                     |   |   | 88 |   |   |   | 88 |   |
|                    Nonutility Property and Investments, Net                                                                              |   |   | 273 |   |   |   | 276 |   |
|                                                                                                                                          |   |   |   |   |   |   |   |   |
| Current                  Assets:                                                                                                              |   |   |   |   |   |   |   |   |
|                    Cash and cash equivalents                                                                                             |   |   | 127 |   |   |   | 201 |   |
|                    Receivables, net of allowance for uncollectible accounts of $11                  and                  $14   |   |   | 470 |   |   |   | 655 |   |
|                    Receivables - affiliated companies                                                                                    |   |   | 31 |   |   |   | 32 |   |
|                    Inventories (at average cost):                                                                                        |   |   |   |   |   |   |   |   |
|                      Fuel                                                                                                      |   |   | 296 |   |   |   | 300 |   |
|                      Materials and supplies                                                                                    |   |   | 102 |   |   |   | 93 |   |
|                      Emission allowances                                                                                       |   |   | 38 |   |   |   | 22 |   |
|                    Prepayments and other                                                                                                 |   |   | 27 |   |   |   | 39 |   |
|                    Deferred income taxes                                                                                                 |   |   | 23 |   |   |   | 34 |   |
|                    Total Current Assets                                                                                                  |   |   | 1,114 |   |   |   | 1,376 |   |
|                                                                                                                                          |   |   |   |   |   |   |   |   |
| Deferred                  Debits and Other Assets:                                                                                            |   |   |   |   |   |   |   |   |
|                    Pension asset, net                                                                                                    |   |   | 228 |   |   |   | 200 |   |
|                    Emission allowances                                                                                                   |   |   | - |   |   |   | 27 |   |
|                    Regulatory assets                                                                                                     |   |   | 776 |   |   |   | 792 |   |
|                    Other                                                                                                                 |   |   | 114 |   |   |   | 139 |   |
|                    Total Deferred Debits and Other Assets                                                                                |   |   | 1,118 |   |   |   | 1,158 |   |
| Total                                                                                                                                         |   | $ | 9,814 |   |   | $ | 9,817 |   |

Table          of Contents

|                                                                                           |   | September                30, |   |   | December                31, |   |
|-----------------------------------------------------------------------------------------------------|--------|------------------------------|--------|--------|-----------------------------|--------|
| Millions                of dollars                                                                  |   | 2007                         |   |   | 2006                        |   |
| Capitalization                and Liabilities                                                       |   |                         |   |   |                        |   |
| Shareholders’                  Investment:                                                    |   |                         |   |   |                        |   |
|                    Common equity                                                               |   | $                            | 2,930  |   |                        | $      | 2,846 |   |
|                    Preferred stock (Not subject to purchase or sinking                  funds) |   |                         | 106    |   |                        |   | 106 |   |
|                    Total Shareholders’ Investment                                        |   |                         | 3,036  |   |                        |   | 2,952 |   |
| Preferred                  Stock, net (Subject to purchase or sinking funds)                        |   |                         | 7      |   |                        |   | 8 |   |
| Long-Term                  Debt, net                                                                |   |                         | 2,956  |   |                        |   | 3,067 |   |
|                    Total Capitalization                                                        |   |                         | 5,999  |   |                        |   | 6,027 |   |
|                                                                                                |   |                         |   |   |                        |   |   |   |
| Current                  Liabilities:                                                               |   |                         |   |   |                        |   |   |   |
|                    Short-term borrowings                                                       |   |                         | 570    |   |                        |   | 487 |   |
|                    Current portion of long-term debt                                           |   |                         | 118    |   |                        |   | 43 |   |
|                    Accounts payable                                                            |   |                         | 249    |   |                        |   | 414 |   |
|                    Accounts payable - affiliated companies                                     |   |                         | 30     |   |                        |   | 27 |   |
|                    Customer deposits and customer prepayments                                  |   |                         | 80     |   |                        |   | 85 |   |
|                    Taxes accrued                                                               |   |                         | 117    |   |                        |   | 121 |   |
|                    Interest accrued                                                            |   |                         | 49     |   |                        |   | 51 |   |
|                    Dividends declared                                                          |   |                         | 54     |   |                        |   | 51 |   |
|                    Other                                                                       |   |                         | 103    |   |                        |   | 126 |   |
|                    Total Current Liabilities                                                   |   |                         | 1,370  |   |                        |   | 1,405 |   |
|                                                                                                |   |                         |   |   |                        |   |   |   |
| Deferred                  Credits and Other Liabilities:                                            |   |                         |   |   |                        |   |   |   |
|                    Deferred income taxes, net                                                  |   |                         | 967    |   |                        |   | 947 |   |
|                    Deferred investment tax credits                                             |   |                         | 104    |   |                        |   | 120 |   |
|                    Asset retirement obligations                                                |   |                         | 304    |   |                        |   | 292 |   |
|                    Postretirement benefits                                                     |   |                         | 194    |   |                        |   | 194 |   |
|                    Regulatory liabilities                                                      |   |                         | 759    |   |                        |   | 714 |   |
|                    Other                                                                       |   |                         | 117    |   |                        |   | 118 |   |
|                    Total Deferred Credits and Other Liabilities                                |   |                         | 2,445  |   |                        |   | 2,385 |   |
|                                                                                                |   |                         |   |   |                        |   |   |   |
| Commitments                  and Contingencies (Note 5)                                             |   |                         | -      |   |                        |   | - |   |
| Total                                                                                               |   | $                            | 9,814  |   |                        | $      | 9,817 |   |

Table          of Contents

STATEMENTS OF INCOME

|                                                                                                   | Three                Months Ended | Nine                Months Ended |
|--------------------------------------------------------------------------------------------------------|-----------------------------------|----------------------------------|
|                                                                                                   | September                30,      | September                30,     |
| Millions                of dollars, except per share amounts                                           |                              | 2007                             |   | 2006 |   | 2007 |   | 2006 |
|                                                                                                   |                              |                             |   |   |
| Operating                Revenues:                                                                     |                              |                             |   |   |
|   Electric                                                                                   |                              | $                                | 602 |   | $ | 584 |   | $ | 1,515 |   | $ | 1,444 |   |
|                    Gas - regulated                                                                |                              |                             | 146 |   |   | 185 |   |   | 773 |   |   | 914 |   |
|                    Gas - nonregulated                                                             |                              |                             | 331 |   |   | 293 |   |   | 1,161 |   |   | 1,037 |   |
|                    Total Operating Revenues                                                       |                              |                             | 1,079 |   |   | 1,062 |   |   | 3,449 |   |   | 3,395 |   |
|                                                                                                   |                              |                             |   |   |   |   |   |   |   |   |   |   |   |
| Operating                  Expenses:                                                                   |                              |                             |   |   |   |   |   |   |   |   |   |   |   |
|                    Fuel used in electric generation                                               |                              |                             | 209 |   |   | 200 |   |   | 518 |   |   | 464 |   |
|                    Purchased power                                                                |                              |                             | 9 |   |   | 7 |   |   | 27 |   |   | 19 |   |
|                    Gas purchased for resale                                                       |                              |                             | 399 |   |   | 410 |   |   | 1,573 |   |   | 1,624 |   |
|                    Other operation and maintenance                                                |                              |                             | 156 |   |   | 153 |   |   | 490 |   |   | 460 |   |
|                    Depreciation and amortization                                                  |                              |                             | 76 |   |   | 98 |   |   | 253 |   |   | 251 |   |
|                    Other taxes                                                                    |                              |                             | 41 |   |   | 38 |   |   | 120 |   |   | 114 |   |
|                    Total Operating Expenses                                                       |                              |                             | 890 |   |   | 906 |   |   | 2,981 |   |   | 2,932 |   |
|                                                                                                   |                              |                             |   |   |   |   |   |   |   |   |   |   |   |
| Operating                  Income                                                                      |                              |                             | 189 |   |   | 156 |   |   | 468 |   |   | 463 |   |
|                                                                                                   |                              |                             |   |   |   |   |   |   |   |   |   |   |   |
| Other                  Income (Expense):                                                               |                              |                             |   |   |   |   |   |   |   |   |   |   |   |
|                    Other income                                                                   |                              |                             | 18 |   |   | 48 |   |   | 65 |   |   | 120 |   |
|                    Other expenses                                                                 |                              |                             | (14 | ) |   | (32 | ) |   | (39 | ) |   | (76 | ) |
|   Interest                  charges, net of allowance for borrowed funds                     |                              |                             |   |   |   |   |   |   |   |   |   |   |   |
|                      used during construction of  $4, $2, $9 and $5                |                              |                             | (51 | ) |   | (52 | ) |   | (156 | ) |   | (159 | ) |
|   Gain                  on sale of assets                                                    |                              |                             | 1 |   |   | - |   |   | 2 |   |   | - |   |
|                    Preferred dividends of subsidiary                                              |                              |                             | (2 | ) |   | (2 | ) |   | (6 | ) |   | (6 | ) |
|   Allowance                  for equity funds used during construction                       |                              |                             | 1 |   |   | - |   |   | 2 |   |   | - |   |
|                      Total Other Expense                                                |                              |                             | (47 | ) |   | (38 | ) |   | (132 | ) |   | (121 | ) |
|                                                                                                   |                              |                             |   |   |   |   |   |   |   |   |   |   |   |
| Income                  Before Income Tax Expense, Losses from Equity                                  |                              |                             |   |   |   |   |   |   |   |   |   |   |   |
|                    Method Investments and Cumulative Effect of Accounting                  Change |                              |                             | 142 |   |   | 118 |   |   | 336 |   |   | 342 |   |
| Income                  Tax Expense                                                                    |                              |                             | 46 |   |   | 25 |   |   | 93 |   |   | 93 |   |
|                                                                                                   |                              |                             |   |   |   |   |   |   |   |   |   |   |   |
| Income                  Before Losses from Equity Method                                               |                              |                             |   |   |   |   |   |   |   |   |   |   |   |
|   Investments                  and Cumulative Effect of Accounting Change                    |                              |                             | 96 |   |   | 93 |   |   | 243 |   |   | 249 |   |
| Losses                  from Equity Method Investments                                                 |                              |                             | (4 | ) |   | (4 | ) |   | (11 | ) |   | (11 | ) |
| Cumulative                  Effect of Accounting Change, net of taxes                                  |                              |                             | - |   |   | - |   |   | - |   |   | 6 |   |
|                                                                                                   |                              |                             |   |   |   |   |   |   |   |   |   |   |   |
| Net                  Income                                                                            |                              | $                                | 92 |   | $ | 89 |   | $ | 232 |   | $ | 244 |   |
|                                                                                                   |                              |                             |   |   |   |   |   |   |   |   |   |   |   |
| Basic                  and Diluted Earnings Per Share of Common Stock:                                 |                              |                             |   |   |   |   |   |   |   |   |   |   |   |
|                    Before Cumulative Effect of Accounting Change                                  |                              | $                                | .79 |   | $ | .76 |   | $ | 1.99 |   | $ | 2.06 |   |
|                    Cumulative Effect of Accounting Change, net of taxes                           |                              |                             | - |   |   | - |   |   | - |   |   | .05 |   |
|                    Basic and Diluted Earnings Per Share                                           |                              | $                                | .79 |   | $ | .76 |   | $ | 1.99 |   | $ | 2.11 |   |
| Weighted                  Average Shares Outstanding (millions)                                        |                              |                             | 116.7 |   |   | 116.1 |   |   | 116.7 |   |   | 115.5 |   |
|                                                                                                   |                              |                             |   |   |   |   |   |   |   |   |   |   |   |
| See                  Notes to Condensed Consolidated Financial                  Statements.            |                              |                             |   |   |   |   |   |   |   |   |   |   |

Table          of Contents

CASH FLOWS

|                                                                                                                                                             | Nine                Months Ended |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------|--------|
|                                                                                                                                                             | September                30,     |   |
| Millions                of dollars                                                                                                                               |                             | 2007   |   | 2006 |   |
|  Cash                Flows From Operating Activities:                                                                                                       |                             |   |   |
| Net                  income                                                                                                                                      |                             | $      | 232 |   | $ | 244 |   |
| Adjustments                  to reconcile net income to net cash provided from operating                  activities:                                            |                             |   |   |   |   |   |   |
|                    Cumulative effect of accounting change, net of taxes                                                                                     |                             |   | - |   |   | (6 | ) |
|                    Excess losses, net of distributions from equity method                  investments                                                      |                             |   | 13 |   |   |  11 |   |
|                    Depreciation and amortization                                                                                                            |                             |   | 258 |   |   |  255 |   |
|                    Amortization of nuclear fuel                                                                                                             |                             |   | 14 |   |   |  14 |   |
|   Hedging                  activities                                                                                                                  |                             |   | 9 |   |   | (15 | ) |
|   Allowance                  for equity funds used during construction                                                                                 |                             |   | (2 | ) |   | - |   |
|                    Carrying cost recovery                                                                                                                   |                             |   | (4 | ) |   | (5 | ) |
|       Gain                  on sale of assets                                                                                      |                             |   | (2 | ) |   | - |   |
|                      Cash provided (used) by changes in certain assets and                  liabilities:                                          |                             |   |   |   |   |   |   |
|                       Receivables, net                                                                                                       |                             |   | 186 |   |   |  385 |   |
|                       Inventories                                                                                                            |                             |   | (37 | ) |   |  (51 | ) |
|                       Prepayments and other                                                                                                  |                             |   | 12 |   |   |  (6 | ) |
|                       Pension asset                                                                                                          |                             |   | (28 | ) |   |  (10 | ) |
|                       Other regulatory assets                                                                                                |                             |   | 3 |   |   |  (49 | ) |
|                       Deferred income taxes, net                                                                                             |                             |   | 31 |   |   |  (8 | ) |
|                       Regulatory liabilities                                                                                                 |                             |   | 21 |   |   |  26 |   |
|                       Postretirement benefits                                                                                                |                             |   | 4 |   |   |  7 |   |
|                       Accounts payable                                                                                                       |                             |   | (133 | ) |   |  (247 | ) |
|                       Taxes accrued                                                                                                          |                             |   | (4 | ) |   |  12 |   |
|      Interest                  accrued                                                                                                  |                             |   | (2 | ) |   | (3 | ) |
|                    Changes in fuel adjustment clauses                                                                                                       |                             |   | (30 | ) |   |  19 |   |
|                    Changes in other assets                                                                                                                  |                             |   | 20 |   |   |  13 |   |
|                    Changes in other liabilities                                                                                                             |                             |   | (26 | ) |   |  21 |   |
| Net                  Cash Provided From Operating Activities                                                                                                     |                             |   | 535 |   |   |  607 |   |
| Cash                  Flows From Investing Activities:                                                                                                           |                             |   |   |   |   |   |   |
| Utility                  property additions and construction expenditures                                                                                        |                             |   | (489 | ) |   | (311 | ) |
| Proceeds                  from sale of assets                                                                                                                    |                             |   | 2 |   |   | 18 |   |
| Nonutility                  property additions                                                                                                                   |                             |   | (3 | ) |   | (27 | ) |
| Investments                                                                                                                                                      |                             |   | (9 | ) |   | (21 | ) |
| Net                  Cash Used For Investing Activities                                                                                                          |                             |   | (499 | ) |   | (341 | ) |
| Cash                  Flows From Financing Activities:                                                                                                           |                             |   |   |   |   |   |   |
| Proceeds                  from issuance of debt                                                                                                                  |                             |   | - |   |   | 132 |   |
| Proceeds                  from issuance of common stock                                                                                                          |                             |   | 6 |   |   | 60 |   |
| Redemption/repurchase                  of equity securities                                                                                                      |                             |   | (9 | ) |   | - |   |
| Repayment                  of debt                                                                                                                               |                             |   | (33 | ) |   | (148 | ) |
| Dividends                                                                                                                                                        |                             |   | (157 | ) |   |  (148 | ) |
| Short-term                  borrowings, net                                                                                                                      |                             |   | 83 |   |   | (123 | ) |
| Net                  Cash Used For Financing Activities                                                                                                          |                             |   | (110 | ) |   | (227 | ) |
| Net                  Increase (Decrease) In Cash and Cash Equivalents                                                                                            |                             |   | (74 | ) |   | 39 |   |
| Cash                  and Cash Equivalents, January 1                                                                                                            |                             |   | 201 |   |   | 62 |   |
| Cash                  and Cash Equivalents, September 30                                                                                                         |                             | $      | 127 |   | $ | 101 |   |
|  Supplemental                  Cash Flow Information:                                                                                                       |                             |   |   |   |   |   |   |
|   Cash                  paid for  - Interest (net of capitalized interest of $9 and                  $5)                                          |                             | $      | 133 |   | $ | 162 |   |
|                                          - Income taxes |                             |   | 46 |   |   | 67 |   |
|                                                                                                                                                             |                             |   |   |   |   |   |   |
| Noncash                  Investing and Financing Activities:                                                                                                     |                             |   |   |   |   |   |   |
|   Accrued                  construction expenditures                                                                                                   |                             |   | 34 |   |   | 16 |   |

| See                Notes to Condensed Consolidated Financial                Statements. |
|-----------------------------------------------------------------------------------------|

Table          of Contents

|                                                                                                                                                                                |                              |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------|
| SCANA                CORPORATION                                                                                                                                                    |                              |
| CONDENSED                CONSOLIDATED STATEMENTS OF COMPREHENSIVE                INCOME                                                                                             |                              |
| (Unaudited)                                                                                                                                                                         |                              |
|                                                                                                                                                                                |                              |   |   |
|                                                                                                                                                                                | Three                Months Ended | Nine                Months Ended |   |
|                                                                                                                                                                                | September                30,      | September                30, |   |
| Millions                of dollars                                                                                                                                                  |                              | 2007 |   | 2006 |   | 2007 |   | 2006 |   |   |
| Net                  Income                                                                                                                                                         |                              | $ | 92 |   | $ | 89 |   | $ | 232 |   | $ | 244 |   |   |
| Other                  Comprehensive Income, net of tax:                                                                                                                            |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                     Unrealized gains (losses) on hedging                  activities:                                                                                     |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |
|       Unrealized                  holding gains (losses) arising during period                                                                        |                              |   | (9 | ) |   | (16 | ) |   | (8 | ) |   | (36 | ) |   |
|       Reclassification                  adjustment for losses included in net income                                                                  |                              |   | 4 |   |   | 4 |   |   | 15 |   |   | 21 |   |   |
|    Deferred                  cost of employee benefit plans, net of taxes                                                                                            |                              |   | 1 |   |   | - |   |   | 1 |   |   | - |   |   |
| Total                  Comprehensive Income (1)                                                                                                                                     |                              | $ | 88 |   | $ | 77 |   | $ | 240 |   | $ | 229 |   |   |
|                                                                                                                                                                           |
| (1)                  Accumulated                  other comprehensive loss totaled $20.8 million as of September                  30, 2007                  and $28.9 million as of |
|     December                  31, 2006.                                                                                                                         |
|                                                                                                                                                                                |
|                                                                                                                                                                           |
| See                  Notes to Condensed Consolidated Financial                  Statements.                                                                                    |

Table          of Contents

NOTES      TO CONDENSED 

*“Accounting for the Effects of Certain Types of Regulation.”*

|                                                                                    |   | September                30, |   | December                31, |   |
|-----------------------------------------------------------------------------------------|--------|------------------------------|--------|-----------------------------|--------|
| Millions                of dollars                                                      |   | 2007                         |   | 2006                        |   |
| Regulatory                  Assets:                                                     |   |                         |   |                        |   |
| Accumulated                  deferred income taxes                                      |   | $                            | 174    |                        | $      | 174 |   |
| Under-collections                  - electric fuel and gas cost adjustment clauses |   |                         | 107    |                        |   | 95 |   |
| Deferred                  purchased power costs                                         |   |                         | 2      |                        |   | 9 |   |
| Environmental                  remediation costs                                        |   |                         | 27     |                        |   | 29 |   |
| Asset                  retirement obligations and related funding                       |   |                         | 272    |                        |   | 264 |   |
| Franchise                  agreements                                                   |   |                         | 51     |                        |   | 55 |   |
| Deferred                  regional transmission organization costs                      |   |                         | 6      |                        |   | 8 |   |
| Deferred                  employee benefit plan costs                                   |   |                         | 122    |                        |   | 142 |   |
| Other                                                                                   |   |                         | 15     |                        |   | 16 |   |
| Total                  Regulatory Assets                                                |   | $                            | 776    |                        | $      | 792 |   |

| Regulatory                  Liabilities:                        |   |   |   |   |   |
|-----------------------------------------------------------------|--------|--------|--------|--------|--------|
| Accumulated                  deferred income taxes              |   | $      | 36     |   | $      | 38 |   |
| Over-collections                  - gas cost adjustment clauses |   |   | 8      |   |   | 8 |   |
| Other                  asset removal costs                      |   |   | 633    |   |   | 599 |   |
| Storm                  damage reserve                           |   |   | 48     |   |   | 44 |   |
| Planned                  major maintenance                      |   |   | 13     |   |   | 6 |   |
| Other                                                           |   |   | 21     |   |   | 19 |   |
| Total                  Regulatory Liabilities                   |   | $      | 759    |   | $      | 714 |   |

Table          of Contents

*“Accounting for Asset Retirement Obligations,” *
*“Accounting for      Conditional Asset Retirement Obligations.”*

*“Employe*
*r*
*s’Accounting for Defined Benefit Pension and Other Postretirement      Plans,”*
* *

*“Earnings Per Share,”*

Table          of Contents

|                                                |   | Pension                Benefits |   | Other                Postretirement Benefits |   |
|-----------------------------------------------------|--------|---------------------------------|--------|----------------------------------------------|--------|
| Three                months ended September 30,     |   | 2007                            |   | 2006                                         |   | 2007 |   | 2006 |   |
| Millions                  of dollars                |   |                            |   |                                         |   |   |   |   |   |
| Service                  cost                       |   | $                               | 3.5    |                                         | $      | 3.5 |   | $ | 0.9 |   | $ | 1.1 |   |
| Interest                  cost                      |   |                            | 9.2    |                                         |   | 10.0 |   |   | 2.8 |   |   | 3.0 |   |
| Expected                  return on assets          |   |                            | (18.2  | )                                            |   | (18.8 | ) |   | - |   |   | - |   |
| Prior                  service cost amortization    |   |                            | 1.5    |                                         |   | 1.7 |   |   | 0.2 |   |   | 0.4 |   |
| Transition                  obligation amortization |   |                            | -      |                                         |   | 0.2 |   |   | 0.2 |   |   | 0.2 |   |
| Amortization                  of actuarial loss     |   |                            | -      |                                         |   | 0.1 |   |   | 0.1 |   |   | 0.6 |   |
| Net                  periodic benefit (income) cost |   | $                               | (4.0   | )                                            | $      | (3.3 | ) | $ | 4.2 |   | $ | 5.3 |   |

|                                                |   | Pension                Benefits |   | Other                Postretirement Benefits |   |
|-----------------------------------------------------|--------|---------------------------------|--------|----------------------------------------------|--------|
| Nine                months ended September 30,      |   | 2007                            |   | 2006                                         |   | 2007 |   | 2006 |   |
| Millions                  of dollars                |   |                            |   |                                         |   |   |   |   |   |
| Service                  cost                       |   | $                               | 10.5   |                                         | $      | 10.5 |   | $ | 3.3 |   | $ | 3.5 |   |
| Interest                  cost                      |   |                            | 29.9   |                                         |   | 29.8 |   |   | 8.8 |   |   | 8.7 |   |
| Expected                  return on assets          |   |                            | (58.4  | )                                            |   | (56.4 | ) |   | - |   |   | - |   |
| Prior                  service cost amortization    |   |                            | 4.9    |                                         |   | 5.1 |   |   | 0.8 |   |   | 0.8 |   |
| Transition                  obligation amortization |   |                            | -      |                                         |   | 0.4 |   |   | 0.6 |   |   | 0.6 |   |
| Amortization                  of actuarial loss     |   |                            | -      |                                         |   | 0.5 |   |   | 0.7 |   |   | 1.3 |   |
| Net                  periodic benefit (income) cost |   | $                               | (13.1  | )                                            | $      | (10.1 | ) | $ | 14.2 |   | $ | 14.9 |   |

*“The Fair Value Option for Financial Assets and Financial Liabilities,”*

*“Fair Value Measurements,”*

*Accounting for Uncertainty in Income Taxes,” *
*“Accounting for Income      Taxes.”*
* *
* *

*“Accounting for Planned Major Maintenance      Activities,”*
*Interim Financial Reporting,*

Table          of Contents

*SCE&G*

Table          of Contents

*PSNC      Energy*

|                                                                                                         |   | September                30,       |   |   | December                31, |   |
|--------------------------------------------------------------------------------------------------------------|--------|------------------------------------|--------|--------|-----------------------------|--------|
|                                                                                                         |   | 2007                               |   |   | 2006                        |   |
|                                                                                                         |   | Millions                of dollars |   |
| Lines                of credit:                                                                              |   |                               |   |   |                        |   |
| Committed                  long-term                                                                         |   | $                                  | 1,100  |   |                        | $      | 1,100 |   |
| Uncommitted                  (a)                                                                             |   |                               | 103    |   |                        |   | 103 |   |
|                                                                                                         |   |                               |   |   |                        |   |   |   |
| (a)                   SCANA or SCE&G may use $78 million of these lines of                  credit. |   |                               |   |   |                        |   |   |   |

|                               | September                30, |                                                        | December                31, |
|------------------------------------|------------------------------|-------------------------------------------------------------|-----------------------------|
| Millions                of dollars | 2007                         |                                                        | 2006                        |
|                               |  Amount                 | Weighted                AverageInterest                Rate |                        |  Amount | Weighted                AverageInterest                Rate |
| SCANA                              |                         |     -                                   |    -         |   |   |      - |   - |
| SCE&G                          | $                            | 280                                                         | 5.58%                       |   | $ | 238 | 5.38% |
| Fuel                  Company      |                         | 147                                                         | 5.68%                       |   |   | 124 | 5.38% |
| PSNC                  Energy       |                         | 143                                                         | 5.74%                       |   |   | 125 | 5.40% |
| Total                              | $                            | 570                                                         | 5.65%                       |   | $ | 487 | 5.38% |

Table          of Contents

Table          of Contents

*SCE&G*

Table          of Contents

*PSNC      Energy*

| 6. | SEGMENT                OF BUSINESS INFORMATION |
|----|------------------------------------------------|

Table          of Contents

|                                                     | External | Intersegment | Operating                    | Net                          | Segment |
|----------------------------------------------------------|----------|--------------|------------------------------|------------------------------|---------|
| Millions                of dollars                       | Revenue  | Revenue      | Income                (Loss) | Income                (Loss) | Assets  |
|                                                     |     |         |                         |                         |    |
| *Three                  Months Ended September 30, 2007* |     |         |                         |                         |    |   |   |   |   |   |   |   |   |   |   |
| Electric                  Operations                     |     | $            | 602                          |                         | $       | 2 |   | $ | 195 |   |   | n/a |   |   |   |
| Gas                  Distribution                        |     |         | 144                          |                         |    | - |   |   | (8 | ) |   | n/a |   |   |   |
| Gas                  Transmission                        |     |         | 2                            |                         |    | 10 |   |   | 4 |   |   | n/a |   |   |   |
| Retail                  Gas Marketing                    |     |         | 78                           |                         |    | - |   |   | n/a |   |   | - |   |   |   |
| Energy                  Marketing                        |     |         | 253                          |                         |    | 62 |   |   | n/a |   | $ | 1 |   |   |   |
| All                  Other                               |     |         | 6                            |                         |    | 87 |   |   | n/a |   |   | (8 | ) |   |   |
| Adjustments/Eliminations                                 |     |         | (6                           | )                            |    | (161 | ) |   | (2 | ) |   | 99 |   |   |   |
| Consolidated                  Total                      |     | $            | 1,079                        |                         | $       | - |   | $ | 189 |   | $ | 92 |   |   |   |

| *Nine                  Months Ended September 30, 2007* |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|---------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|
| Electric                  Operations                    |   | $      | 1,515  |   | $      | 6      |   | $      | 361    |   |   | n/a    |   | $      | 5,872  |
| Gas                  Distribution                       |   |   | 766    |   |   | -      |   |   | 65     |   |   | n/a    |   |   | 1,857  |
| Gas                  Transmission                       |   |   | 7      |   |   | 30     |   |   | 13     |   |   | n/a    |   |   | 287    |
| Retail                  Gas Marketing                   |   |   | 421    |   |   | -      |   |   | n/a    |   | $      | 20     |   |   | 129    |
| Energy                  Marketing                       |   |   | 740    |   |   | 174    |   |   | n/a    |   |   | 2      |   |   | 102    |
| All                  Other                              |   |   | 19     |   |   | 255    |   |   | n/a    |   |   | (17    | )      |   | 572    |
| Adjustments/Eliminations                                |   |   | (19    | )      |   | (465   | )      |   | 29     |   |   | 227    |   |   | 995    |
| Consolidated                  Total                     |   | $      | 3,449  |   | $      | -      |   | $      | 468    |   | $      | 232    |   | $      | 9,814  |

| *Three                  Months Ended September 30, 2006* |   |   |              |   |   |   |   |   |   |   |   |   |   |   |   |
|----------------------------------------------------------|--------|--------|-------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|
| Electric                  Operations                     |   | $      | 584               |   | $      | 3      |   | $      | 167    |   |   | n/a    |   |   |   |
| Gas                  Distribution                        |   |   | 136               |   |   | -      |   |   | (13    | )      |   | n/a    |   |   |   |
| Gas                  Transmission                        |   |   | 49                |   |   | 65     |   |   | 7      |   |   | n/a    |   |   |   |
| Retail                  Gas Marketing                    |   |   | 73                |   |   | -      |   |   | n/a    |   | $      | (3     | )      |   |   |
| Energy                  Marketing                        |   |   | 220               |   |   | 48     |   |   | n/a    |   |   | 1      |   |   |   |
| All                  Other                               |   |   | 21                |   |   | 79     |   |   | n/a    |   |   | (5     | )      |   |   |
| Adjustments/Eliminations                                 |   |   | (21               | )      |   | (195   | )      |   | (5     | )      |   | 96     |   |   |   |
| Consolidated                  Total                      |   | $      |   1,062 |   | $      | -      |   | $      | 156    |   | $      | 89     |   |   |   |

| *Nine                  Months Ended September 30, 2006* |   |   |   |   |   |   |   |   |   |   |   |   |   |   |        |
|---------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|-------------|
| Electric                  Operations                    |   | $      | 1,444  |   | $      | 7      |   | $      | 376    |   |   | n/a    |   | $      |  5,476 |
| Gas                  Distribution                       |   |   | 747    |   |   | -      |   |   | 41     |   |   | n/a    |   |   | 1,706       |
| Gas                  Transmission                       |   |   | 167    |   |   | 294    |   |   | 25     |   |   | n/a    |   |   | 368         |
| Retail                  Gas Marketing                   |   |   | 435    |   |   | -      |   |   | n/a    |   | $      | 21     |   |   | 139         |
| Energy                  Marketing                       |   |   | 602    |   |   | 79     |   |   | n/a    |   |   | -      |   |   | 90          |
| All                  Other                              |   |   | 50     |   |   | 229    |   |   | n/a    |   |   | (8)    |   |   | 562         |
| Adjustments/Eliminations                                |   |   | (50)   |   |   | (609)  |   |   | 21     |   |   | 231    |   |   | 1,090       |
| Consolidated                  Total                     |   | $      | 3,395  |   | $      | -      |   | $      | 463    |   | $      | 244    |   | $      | 9,431       |

Table          of Contents

**ITEM      2.   MANAGEMENT’S DISCUSSION AND ANALYSIS OF      FINANCIAL CONDITION AND**

**                       RESULTS OF OPERATIONS**

**SCANA      CORPORATION**

**RESULTS      OF OPERATIONS**

|   | **FOR                THE THREE AND NINE MONTHS ENDED SEPTEMBER 30,                2007** |
|--------|------------------------------------------------------------------------------------------|

**AS      COMPARED TO THE CORRESPONDING PERIODS IN 2006**

**Earnings      Per Share**

|                                                                     |   | Third                Quarter | Year                to Date    |
|--------------------------------------------------------------------------|--------|------------------------------|-----------------------------------------------|
|                                                                     |   | 2007                         |                                          | 2006  |   | 2007  |   | 2006 |
| Reported                  (GAAP) earnings per share:                     |   | $                            | .79                                           |   | $ | .76 |   | $ | 1.99 |   | $ | 2.11 |   |
| Deduct:                                                                  |   |                         |                                          |   |   |   |   |   |   |   |   |   |   |
| Cumulative                  effect of accounting change, net of taxes    |   |                         | -                                             |   |   | - |   |   | - |   |   | .05 |   |
| Reduction                  in propane litigation accrual upon settlement |   |                         | -                                             |   |   | - |   |   | - |   |   | .04 |   |
| GAAP-adjusted                  net earnings per share from operations    |   | $                            | .79                                           |   | $ | .76 |   | $ | 1.99 |   | $ | 2.02 |   |

*Discussion      of adjustments*

*“Share-Based Payment” *

*Third      Quarter*

*Recognition of      Synthetic Fuel Tax Credits*

*Year      to Date*

*Recognition of      Synthetic Fuel Tax Credits*

Table          of Contents

**Dividends      Declared**

| Declaration                Date    | Dividend                Per Share |                             Record Date                     |                  Payment Date                             |
|------------------------------------|-----------------------------------|-------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------|
| February                  15, 2007 | $.44                              |               March                  9, 2007      | April                  1, 2007                                 |
| April                  26, 2007    |   .44                   |               June                  11, 2007      | July                  1, 2007                                  |
| August                  2, 2007    |   .44                   |               September                  10, 2007 |      October                  1, 2007 |
| October                  24, 2007  |   .44                   |               December                  10, 2007  |      January                  1, 2008 |

**Electric      Operations**

|                                                                                       |   | Third                Quarter | Year                to Date |
|--------------------------------------------------------------------------------------------|--------|------------------------------|-----------------------------|
| Millions                of dollars                                                         |   |                         | 2007                        |   | %                Change |   |   | 2006 |   |   | 2007 |   | %                Change |   |   | 2006 |
| Operating                revenues                                                          |   | $                            | 602.0                       |   | 3.0 | % | $ | 584.5 |   | $ | 1,514.7 |   | 4.9 | % | $ | 1,444.0 |
| Less:  Fuel                used in generation                                    |   |                         | 209.2                       |   | 4.8 | % |   |  199.7 |   |   | 517.9 |   | 11.7 | % |   | 463.8 |
|           Purchased                power |   |                         | 9.3                         |   | 32.9 | % |   |      7.0 |   |   | 27.2 |   | 43.2 | % |   | 19.0 |
|      Margin                                                       |   | $                            | 383.5                       |   | 1.5 | % | $ | 377.8 |   | $ | 969.6 |   | 0.9 | % | $ | 961.2 |

*Third      Quarter*

*Year      to Date*

**Gas      Distribution**

|                                          |   |   | Third                Quarter |   |                    | Year                To Date |   |
|-----------------------------------------------|--------|--------|------------------------------|--------|-------------------------|-----------------------------|--------|
| Millions                of dollars            |   |   | 2007                         |   | %                Change |                        |   | 2006 |   |   | 2007 |   | %                Change |   |   |  2006 |   |
| Operating                revenues             |   | $      | 144.1                        |   | 6.0                     | %                           | $      | 136.0 |   | $ | 766.6 |   |   | 2.6 | % | $ | 747.2 |   |
| Less:                Gas purchased for resale |   |   | 97.5                         |   | 0.7                     | %                           |   |  96.8 |   |   | 534.5 |   |   | (3.4 | )% |   | 553.5 |   |
|      Margin          |   | $      | 46.6                         |   | 18.9                    | %                           | $      | 39.2 |   | $ | 232.1 |   |   | 19.8 | % | $ | 193.7 |   |

|   | *Third                Quarter* |
|--------|--------------------------------|

*Year      to Date*

Table          of Contents

**Gas      Transmission**

|                                          |   |   | Third                Quarter |   |                    | Year                To Date |   |
|-----------------------------------------------|--------|--------|------------------------------|--------|-------------------------|-----------------------------|--------|
| Millions                of dollars            |   |   | 2007                         |   | %                Change |                        |   | 2006 |   |   | 2007 |   | %                Change |   |   |  2006 |   |
| Transportation                revenue         |   | $      | 11.0                         |   | 89.7                    | %                           | $      | 5.8 |   | $ | 34.5 |   |   | * |   | $ | 16.7 |   |
| Other                operating revenues       |   |   | 0.6                          |   | **                      |                        |   | 108.2 |   |   | 2.0 |   |   | ** |   |   | 444.5 |   |
| Less:                Gas purchased for resale |   |   | -                            |   | **                      |                        |   |  99.1 |   |   | - |   |   | ** |   |   | 412.9 |   |
|      Margin          |   | $      | 11.6                         |   | (22.1                   | )%                          | $      | 14.9 |   | $ | 36.5 |   |   | (24.4 | )% | $ | 48.3 |   |

|   | *Third                Quarter and Year to Date* |
|--------|-------------------------------------------------|

**Retail      Gas Marketing**

|                               |   |   | Third                Quarter |   |                    | Year                To Date |   |
|------------------------------------|--------|--------|------------------------------|--------|-------------------------|-----------------------------|--------|
| Millions                of dollars |   |   | 2007                         |   | %                Change |                        |   | 2006 |   |   | 2007 |   | %                Change |   |   |  2006 |   |
| Operating                revenues  |   | $      | 78.4                         |   | 8.0                     | %                           | $      | 72.6 |   | $ |  421.4 |   |   | (3.1 | )%  | $ |  434.7 |   |
| Net                  income (loss) |   | $      | (0.2                         | )      | 92.9                    | %                           | $      | (2.8 | ) | $ | 19.5 |   |   | (6.7 | )% | $ |  20.9 |   |

*Third      Quarter*

*Year      to Date*

* *

**Energy      Marketing**

|                               |   |   | Third                Quarter |   |                    | Year                To Date |   |
|------------------------------------|--------|--------|------------------------------|--------|-------------------------|-----------------------------|--------|
| Millions                of dollars |   |   | 2007                         |   | %                Change |                        |   | 2006 |   |   | 2007 |   | %                Change |   |   |  2006 |   |
| Operating                revenues  |   | $      | 314.4                        |   | 17.3                    | %                           | $      | 268.1 |   | $ | 914.0  |   |   | 33.5 |  % | $ |  684.5 |   |
| Net                  income (loss) |   | $      | 1.6                          |   | *                       |                        | $      |  0.2 |   | $ | 2.3 |   |   | * |   | $ |  (0.4 | ) |

*Third      Quarter*

Table          of Contents

*Year      to Date*

**Other      Operating Expenses**

|                                           |   |   | Third                Quarter |   |                    | Year                To Date |   |
|------------------------------------------------|--------|--------|------------------------------|--------|-------------------------|-----------------------------|--------|
| Millions                of dollars             |   |   | 2007                         |   | %                Change |                        |   | 2006 |   |   | 2007 |   | %                Change |   |   |  2006 |   |
| Other                operation and maintenance |   | $      | 155.8                        |   | 1.8                     | %                           | $      | 153.0 |   | $ | 489.9 |   |   | 6.6 | % | $ | 459.7 |   |
| Depreciation                and amortization   |   |   | 75.8                         |   | (22.8                   | )%                          |   | 98.2 |   |   | 252.7 |   |   | 0.5 | % |   | 251.5 |   |
| Other                taxes                     |   |   | 40.6                         |   | 4.9                     | %                           |   | 38.7 |   |   | 120.0 |   |   | 4.7 | % |   | 114.6 |   |

*Third      Quarter*

*Recognition of Synthetic Fuel Tax Credits*

*Year      to Date*

*Recognition of      Synthetic Fuel Tax Credits*

**Other      Income (Expense*)***

**Income      Taxes**

*Recognition      of Synthetic Fuel Tax Credits*

Table          of Contents

|                                                               |   |    | Third                Quarter |   | Year                to Date |    |
|--------------------------------------------------------------------|--------|---------|------------------------------|--------|-----------------------------|---------|
| Millions                of dollars                                 |   |    | 2007                         |   |                        | 2006    |   | 2007 |   | 2006 |   |
| Depreciation                  and amortization recapture (expense) |   | $       | 3.2                          |   | $                           | (21.6   | ) | $ | (15.9 | ) | $ | (23.0 | ) |
| Income                  tax benefits:                              |   |    |                         |   |                        |    |   |   |   |   |   |   |   |
|    From                  synthetic fuel tax credits |   |    | 1.2                          |   |                        | 10.5    |   |   | 18.9 |   |   | 14.6 |   |
|    From                  accelerated depreciation   |   |    | (1.2                         | )      |                        | 13.4    |   |   | 6.1 |   |   | 14.2 |   |
|    From                  partnership losses         |   |    | 1.9                          |   |                        | 3.6     |   |   | 5.5 |   |   | 9.4 |   |
| Total                  income tax benefits                         |   |    | 1.9                          |   |                        | 27.5    |   |   | 30.5 |   |   | 38.2 |   |
|                                                               |   |    |                         |   |                        |    |   |   |   |   |   |   |   |
| Losses                  from Equity Method Investments             |   |    | (5.1                         | )      |                        | (5.9    | ) |   | (14.6 | ) |   | (15.2 | ) |
|                                                               |   |    |                         |   |                        |    |   |   |   |   |   |   |   |
| Impact                  on Net Income                              |   | $       | -                            |   | $                           | -       |   | $ | - |   | $ | - |   |
|  Carrying                  costs recognized in other income   |   |  $ |  2                      |   |  $                     |  1 |   | $ |  4 |   | $ | 5 |   |

**LIQUIDITY      AND CAPITAL RESOURCES**

Table          of Contents

**SECURITIES      RATINGS (As of November 2, 2007)**

|                                                 | SCANA           |   | SCE&G     |            |           |
|------------------------------------------------------|-----------------|--------|---------------|-----------------|----------------|
| RatingAgency                                         | SeniorUnsecured |   | SeniorSecured | SeniorUnsecured | PreferredStock | CommercialPaper |   |  Outlook |
| Moody's                                              | A3              |   | A1            | A2              | Baa1           | P-1 |   | * |
| Standard                & Poor’s (S&P) | BBB+            |   | A-            | BBB+            | BBB            | A-2 |   | Negative |
| Fitch                                                | A-              |   | A+            | A               | A-             | F-1 |   | Stable |

Table          of Contents

**ENVIRONMENTAL      AND REGULATORY MATTERS**

**OTHER      MATTERS**

Table          of Contents

**ITEM      3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET      RISK**

| As                of September 30, 2007                                     |   |  Expected                Maturity |             |
|-----------------------------------------------------------------------------|--------|----------------------------------------|------------------|
|                                                                        |   |                                   |             |   |   |   |
|                                                                        |   |                                   |             |   |   |   | There- |   | Fair |
| Millions                of dollars                                          |   | 2007                                   | 2008             | 2009 | 2010 | 2011 | After | Total | Value |
| Long-Term                  Debt Issued:                                     |   |                                   |             |   |   |   |   |   |   |
|   Fixed                  Rate ($)                                 |   |   3.7                        | 123.2            | 108.2 | 14.8 | 619.3 | 2,023.6 | 2,892.8 | 2,990.5 |
|     Average                  Fixed Interest Rate (%)    |   | 7.78                                   |   5.96 |   6.27 | 6.87 | 6.78 |     5.95 |      6.15 |        n/a |
|   Variable                  Rate ($)                              |   |                                   | 100.0            |   |   |   |   |    100.0 |    100.2 |
|     Average                  Variable Interest Rate (%) |   |                                   |  5.73       |   |   |   |   |      5.73 |        n/a |
|                                                                        |   |                                   |             |   |   |   |   |   |   |
| Interest                  Rate Swap:                                        |   |                                   |             |   |   |   |   |   |   |
|   Pay                  Variable/Receive Fixed ($)                 |   |    -                    |   3.2  |   3.2 |   3.2 |  3.2 |   3.2 | 16.0 |        0.3 |
|                     Average Pay Interest Rate (%)                 |   |    -                    | 8.39             | 8.39 | 8.39 | 8.39 | 8.39 | 8.39 |        n/a |
|                     Average Receive Interest Rate (%)             |   |    -                    | 8.75             | 8.75 | 8.75 | 8.75 | 8.75 | 8.75 |        n/a |

|  Expected              Maturity:                               |                             |                      |   |                                 |                     |                                  |
|---------------------------------------------------------------------|----------------------------------|---------------------------|--------|--------------------------------------|--------------------------|---------------------------------------|
|                                                                | Futures                Contracts |                      |   | Options                              |
|                                                                |                             |                      |   | Purchased                Call        | Sold                Call | Sold                Put               |
| 2007                                                                | Long                             | Short                     |   |                                 |                     | (Short)                               | (Long) |
| Settlement                  Price (a)                               | 7.32                             | 7.92                      |   | Strike                  Price (a)    | 8.74                     | 12.09                                 | 6.31 |
| Contract                  Amount (b)                                | 10.4                             |   1.7           |   | Contract                  Amount (b) |   5.7          |    1.3                 |   0.5 |
| Fair                  Value (b)                                     |   9.2                  |   1.6           |   | Fair                  Value (b)      |   0.2          | -                                     |       - |
|                                                                |                             |                      |   |                                 |                     |                                  |   |
| 2008                                                                |                             |                      |   |                                 |                     |                                  |   |
| Settlement                  Price (a)                               | 8.11                             | 8.05                      |   | Strike                  Price (a)    | 9.00                     | 11.73                                 | 6.26 |
| Contract                  Amount (b)                                | 33.7                             |   0.4           |   | Contract                  Amount (b) | 13.0                     |    3.2                 |   1.1 |
| Fair                  Value (b)                                     | 31.3                             |   0.4           |   | Fair                  Value (b)      |   0.8          |       - |       - |
|                                                                |                             |                      |   |                                 |                     |                                  |   |
| 2009                                                                |                             |                      |   |                                 |                     |                                  |   |
| Settlement                  Price (a)                               | 8.98                             |     - |   |                                 |                     |                                  |   |
| Contract                  Amount (b)                                |   6.9                  |     - |   |                                 |                     |                                  |   |
| Fair                  Value (b)                                     |   6.3                  |     - |   |                                 |                     |                                  |   |
|                                                                |                             |                      |   |                                 |                     |                                  |   |
| (a)                    Weighted average, in dollars  |                             |
| (b)                   Millions of dollars                      |                             |                      |   |                                 |

Table          of Contents

|                                                               | Expected                Maturity        |
|--------------------------------------------------------------------|-----------------------------------------|
| Swaps                                                              | 2007                                    | 2008 | 2009 | 2010 |
| Commodity                  Swaps:                                  |                                    |   |   |   |
|   Pay                  fixed/receive variable (b)   |     74.0            |   182.8 |     18.3 |      0.8 |
|     Average                  pay rate (a)      | 8.9762                                  | 8.9793 | 9.6172 | 8.4950 |
|     Average                  received rate (a) | 7.3467                                  | 8.0363 | 8.9042 | 8.1328 |
|    Fair                  value (b)                  |     60.6            |   163.6 |     17.0 |      0.7 |
|                                                               |                                    |   |   |   |
|   Pay                  variable/receive fixed (b)   |       0.7 |       3.0 |          - |          - |
|     Average                  pay rate (a)      | 7.3002                                  | 8.0126 |          - |          - |
|     Average                  received rate (a) | 8.6821                                  | 8.8261 |          - |          - |
|     Fair                  value (b)            |       0.9 |       3.4 |          - |          - |
|                                                               |                                    |   |   |   |
| Basis                  Swaps:                                      |                                    |   |   |   |
|   Pay                  variable/receive variable (b)     |       9.5 |     26.9 |      6.7 |      3.9 |
|     Average                  pay rate (a)      | 7.1433                                  | 7.9990 | 8.5990 | 8.1931 |
|     Average                  received rate (a) | 7.0943                                  | 7.9721 | 8.5585 | 8.1319 |
|     Fair                  value (b)            |       9.4 |     26.8 |      6.7 |       3.9 |
|                                                               |                                    |   |   |   |
| (a)                    Weighted average, in dollars      |                                    |   |   |   |
| (b)                   Millions of dollars                     |                                    |   |   |   |

|   |   |
|--------|--------|

**ITEM      4. CONTROLS AND PROCEDURES**

Table          of Contents

**SOUTH      CAROLINA ELECTRIC & GAS      COMPANY**

**FINANCIAL      SECTION**

Table          of Contents

**ITEM      1. FINANCIAL STATEMENTS**

BALANCE SHEETS

|                                                                                                           |   | September                30, |     | December                31, |   |
|----------------------------------------------------------------------------------------------------------------|--------|------------------------------|----------|-----------------------------|--------|
| Millions                of dollars                                                                             |   | 2007                         |     | 2006                        |   |
| Assets                                                                                                         |   |                         |     |
| Utility                  Plant In Service                                                                      |   | $                            | 8,231    |                        | $      | 7,876 |   |
| Accumulated                  Depreciation and Amortization                                                     |   |                         | (2,612   | )                           |   | (2,483 | ) |
|                                                                                                           |   |                         | 5,619    |                        |   | 5,393 |   |
| Construction                  Work in Progress                                                                 |   |                         | 315      |                        |   | 316 |   |
| Nuclear                  Fuel, Net of Accumulated Amortization                                                 |   |                         | 66       |                        |   | 39 |   |
| Utility                  Plant, Net                                                                            |   |                         | 6,000    |                        |   | 5,748 |   |
|                                                                                                           |   |                         |     |                        |   |   |   |
| Nonutility                  Property and Investments:                                                          |   |                         |     |                        |   |   |   |
|                    Nonutility property, net of accumulated depreciation                                   |   |                         | 34       |                        |   | 31 |   |
|                    Assets held in trust, net - nuclear decommissioning                                    |   |                         | 61       |                        |   | 56 |   |
|                    Other investments                                                                      |   |                         | 25       |                        |   | 25 |   |
|                    Nonutility Property and Investments, Net                                               |   |                         | 120      |                        |   | 112 |   |
|                                                                                                           |   |                         |     |                        |   |   |   |
| Current                  Assets:                                                                               |   |                         |     |                        |   |   |   |
|                    Cash and cash equivalents                                                              |   |                         | 22       |                        |   | 24 |   |
|                    Receivables, net of allowance for uncollectible accounts of $5                  and $5 |   |                         | 314      |                        |   | 311 |   |
|                    Receivables - affiliated companies                                                     |   |                         | 31       |                        |   | 41 |   |
|                    Inventories (at average cost):                                                         |   |                         |     |                        |   |   |   |
|                      Fuel                                                                       |   |                         | 147      |                        |   | 147 |   |
|                      Materials and supplies                                                     |   |                         |  93 |                        |   | 85 |   |
|                      Emission allowances                                                        |   |                         | 38       |                        |   | 22 |   |
|   Prepayments                  and other                                                             |   |                         | 17       |                        |   | 20 |   |
|   Deferred                  income taxes                                                             |   |                         | 20       |                        |   | 19 |   |
|                    Total Current Assets                                                                   |   |                         | 682      |                        |   | 669 |   |
|                                                                                                           |   |                         |     |                        |   |   |   |
| Deferred                  Debits and Other Assets:                                                             |   |                         |     |                        |   |   |   |
|                    Pension asset, net                                                                     |   |                         | 228      |                        |   | 200 |   |
|                    Due from affiliates - pension and postretirement                  benefits             |   |                         | 43       |                        |   | 41 |   |
|                    Emission allowances                                                                    |   |                         | -        |                        |   | 27 |   |
|                    Regulatory assets                                                                      |   |                         | 674      |                        |   | 702 |   |
|                    Other                                                                                  |   |                         | 102      |                        |   | 127 |   |
|                    Total Deferred Debits and Other Assets                                                 |   |                         | 1,047    |                        |   | 1,097 |   |
| Total                                                                                                          |   | $                            | 7,849    |                        | $      | 7,626 |   |

Table          of Contents

|                                                                                                |   | September                30, |   |  December                31, |   |
|-----------------------------------------------------------------------------------------------------|--------|------------------------------|--------|-----------------------------------|--------|
| Millions                of dollars                                                                  |   | 2007                         |   | 2006                              |   |
| Capitalization                  and Liabilities                                                     |   |                         |   |
| Shareholders’                  Investment:                                                    |   |                         |   |                              |   |
|                    Common equity                                                               |   | $                            | 2,600  |                              | $      | 2,457 |   |
|                    Preferred stock (Not subject to purchase or sinking                  funds) |   |                         | 106    |                              |   | 106 |   |
|                    Total Shareholders’ Investment                                        |   |                         | 2,706  |                              |   | 2,563 |   |
| Preferred                  Stock, net (Subject to purchase or sinking funds)                        |   |                         | 7      |                              |   | 8 |   |
| Long-Term                  Debt, net                                                                |   |                         | 2,004  |                              |   | 2,008 |   |
| Total                  Capitalization                                                               |   |                         | 4,717  |                              |   | 4,579 |   |
|                                                                                                |   |                         |   |                              |   |   |   |
| Minority                  Interest                                                                  |   |                         | 88     |                              |   | 86 |   |
|                                                                                                |   |                         |   |                              |   |   |   |
| Current                  Liabilities:                                                               |   |                         |   |                              |   |   |   |
|                    Short-term borrowings                                                       |   |                         | 427    |                              |   | 362 |   |
|                    Current portion of long-term debt                                           |   |                         | 13     |                              |   | 14 |   |
|                    Accounts payable                                                            |   |                         | 107    |                              |   | 155 |   |
|                    Accounts payable - affiliated companies                                     |   |                         | 167    |                              |   | 147 |   |
|                    Customer deposits and customer prepayments                                  |   |                         | 39     |                              |   | 40 |   |
|                    Taxes accrued                                                               |   |                         | 101    |                              |   | 112 |   |
|                    Interest accrued                                                            |   |                         | 31     |                              |   | 33 |   |
|                    Dividends declared                                                          |   |                         | 42     |                              |   | 23 |   |
|                    Other                                                                       |   |                         | 50     |                              |   | 63 |   |
|                    Total Current Liabilities                                                   |   |                         | 977    |                              |   | 949 |   |
|                                                                                                |   |                         |   |                              |   |   |   |
| Deferred                  Credits and Other Liabilities:                                            |   |                         |   |                              |   |   |   |
|                    Deferred income taxes, net                                                  |   |                         | 826    |                              |   | 807 |   |
|                    Deferred investment tax credits                                             |   |                         | 103    |                              |   | 118 |   |
|                    Asset retirement obligations                                                |   |                         | 291    |                              |   | 279 |   |
|                    Postretirement benefits                                                     |   |                         | 194    |                              |   | 194 |   |
|                    Due to affiliates - pension and postretirement                  benefits    |   |                         | 6      |                              |   | 6 |   |
|                    Regulatory liabilities                                                      |   |                         | 582    |                              |   | 541 |   |
|                    Other                                                                       |   |                         | 65     |                              |   | 67 |   |
|                    Total Deferred Credits and Other Liabilities                                |   |                         | 2,067  |                              |   | 2,012 |   |
|  Commitments                  and Contingencies (Note 4)                                       |   |                         | -      |                              |   | - |   |
|  Total                                                                                         |   | $                            | 7,849  |                              | $      | 7,626 |   |

Table          of Contents

STATEMENTS OF INCOME

|                                                                                                 |   | Three                Months Ended |   | Nine                Months Ended |   |
|------------------------------------------------------------------------------------------------------|--------|-----------------------------------|--------|----------------------------------|--------|
|                                                                                                 |   | September                30,      |   | September                30,     |   |
| Millions                of dollars                                                                   |   | 2007                              |   | 2006                             |   | 2007 |   | 2006 |   |
|                                                                                                 |   |                              |   |                             |   |   |   |   |   |
| Operating                Revenues:                                                                   |   |                              |   |                             |   |   |   |   |   |
|                    Electric                                                                     |   | $                                 | 604    |                             | $      | 587 |   | $ | 1,520 |   | $ | 1,451 |   |
|                    Gas                                                                          |   |                              | 82     |                             |   | 77 |   |   | 375 |   |   | 358 |   |
|                    Total Operating Revenues                                                     |   |                              | 686    |                             |   | 664 |   |   | 1,895 |   |   | 1,809 |   |
|                                                                                                 |   |                              |   |                             |   |   |   |   |   |   |   |   |   |
| Operating                  Expenses:                                                                 |   |                              |   |                             |   |   |   |   |   |   |   |   |   |
|                    Fuel used in electric generation                                             |   |                              | 209    |                             |   | 200 |   |   | 518 |   |   | 464 |   |
|                    Purchased power                                                              |   |                              | 9      |                             |   | 7 |   |   | 27 |   |   | 19 |   |
|                    Gas purchased for resale                                                     |   |                              | 62     |                             |   | 62 |   |   | 283 |   |   | 287 |   |
|                    Other operation and maintenance                                              |   |                              | 116    |                             |   | 115 |   |   | 362 |   |   | 344 |   |
|                    Depreciation and amortization                                                |   |                              | 64     |                             |   | 86 |   |   | 217 |   |   | 216 |   |
|                    Other taxes                                                                  |   |                              | 38     |                             |   | 35 |   |   | 110 |   |   | 104 |   |
|                    Total Operating Expenses                                                     |   |                              | 498    |                             |   | 505 |   |   | 1,517 |   |   | 1,434 |   |
|                                                                                                 |   |                              |   |                             |   |   |   |   |   |   |   |   |   |
| Operating                  Income                                                                    |   |                              | 188    |                             |   | 159 |   |   | 378 |   |   | 375 |   |
|                                                                                                 |   |                              |   |                             |   |   |   |   |   |   |   |   |   |
| Other                  Income (Expense):                                                             |   |                              |   |                             |   |   |   |   |   |   |   |   |   |
|                    Other income                                                                 |   |                              | 8      |                             |   | 24 |   |   | 22 |   |   | 59 |   |
|                    Other expenses                                                               |   |                              | (4     | )                                |   | (18 | ) |   | (10 | ) |   | (45 | ) |
|    Allowance                  for equity funds used during construction               |   |                              | 1      |                             |   | - |   |   | 2 |   |   | - |   |
|                    Interest charges, net of allowance for borrowed                  funds       |   |                              |   |                             |   |   |   |   |   |   |   |   |   |
|                      used during construction of $4, $2, $8 and $5               |   |                              | (35    | )                                |   | (34 | ) |   | (107 | ) |   | (106 | ) |
|                    Gain on sale of assets                                                       |   |                              | 1      |                             |   | - |   |   | 2 |   |   | - |   |
| Total                  Other Expense                                                                 |   |                              | (29    | )                                |   | (28 | ) |   | (91 | ) |   | (92 | ) |
|                                                                                                 |   |                              |   |                             |   |   |   |   |   |   |   |   |   |
| Income                  Before Income Taxes, Losses from Equity                                      |   |                              |   |                             |   |   |   |   |   |   |   |   |   |
|                    Method Investments, Minority Interest, Cumulative Effect                  of |   |                              |   |                             |   |   |   |   |   |   |   |   |   |
|                    Accounting Change and Preferred Stock Dividends                              |   |                              | 159    |                             |   | 131 |   |   | 287 |   |   | 283 |   |
| Income                  Tax Expense                                                                  |   |                              | 53     |                             |   | 30 |   |   | 77 |   |   | 71 |   |
|                                                                                                 |   |                              |   |                             |   |   |   |   |   |   |   |   |   |
| Income                  Before Losses from Equity Method Investments,                                |   |                              |   |                             |   |   |   |   |   |   |   |   |   |
|                    Minority Interest, Cumulative Effect of Accounting                  Change   |   |                              |   |                             |   |   |   |   |   |   |   |   |   |
|                    and Preferred Stock Dividends                                                |   |                              | 106    |                             |   | 101 |   |   | 210 |   |   | 212 |   |
| Losses                  from Equity Method Investments                                               |   |                              | (5     | )                                |   | (6 | ) |   | (15 | ) |   | (16 | ) |
| Minority                  Interest                                                                   |   |                              | 2      |                             |   | 2 |   |   | 5 |   |   | 5 |   |
| Cumulative                  Effect of Accounting Change, net of taxes                                |   |                              | -      |                             |   | - |   |   | - |   |   | 4 |   |
|                                                                                                 |   |                              |   |                             |   |   |   |   |   |   |   |   |   |
| Net                  Income                                                                          |   |                              | 99     |                             |   | 93 |   |   | 190 |   |   | 195 |   |
| Preferred                  Stock Cash Dividends Declared                                             |   |                              | 2      |                             |   | 2 |   |   | 6 |   |   | 6 |   |
|                                                                                                 |   |                              |   |                             |   |   |   |   |   |   |   |   |   |
| Earnings                  Available for Common Shareholder                                           |   | $                                 | 97     |                             | $      | 91 |   | $ | 184 |   | $ | 189 |   |
|                                                                                                 |   |                              |   |                             |   |   |   |   |   |   |   |   |   |
| See                  Notes to Condensed Consolidated Financial                  Statements.          |   |                              |   |                             |   |   |   |   |   |   |   |   |   |

Table          of Contents

 CASH FLOWS

|                                                                                                                                                                      |   | Nine                Months Ended |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------|--------|
|                                                                                                                                                                      |   | September                30,     |   |
| Millions                of dollars                                                                                                                                        |   | 2007                             |   | 2006 |   |
|  Cash                  Flows From Operating Activities:                                                                                                              |   |                             |   |   |   |
|                    Net income                                                                                                                                        |   | $                                | 190    |   | $ | 195 |   |
|                    Adjustments to Reconcile Net Income to Net Cash Provided From Operating                  Activities:                                              |   |                             |   |   |   |   |   |
|                      Cumulative effect of accounting change, net of taxes                                                                                  |   |                             | -      |   |   | (4 | ) |
|                      Losses from equity method investments                                                                                                 |   |                             | 15     |   |   | 16 |   |
|                      Minority interest                                                                                                                     |   |                             | 5      |   |   | 5 |   |
|                      Depreciation and amortization                                                                                                         |   |                             | 215    |   |   | 216 |   |
|                      Amortization of nuclear fuel                                                                                                          |   |                             | 14     |   |   | 14 |   |
|     Allowance                  for equity funds used during construction                                                                              |   |                             | (2     | ) |   | - |   |
|                      Carrying cost recovery                                                                                                                |   |                             | (4     | ) |   | (5 | ) |
|     Gain                  of sale of assets                                                                                                           |   |                             | (2     | ) |   | - |   |
|                      Cash provided (used) by changes in certain assets and                  liabilities:                                                   |   |                             |   |   |   |   |   |
|                        Receivables, net                                                                                                          |   |                             | (11    | ) |   | 49 |   |
|                        Inventories                                                                                                               |   |                             | (25    | ) |   | (50 | ) |
|                        Prepayments                                                                                                               |   |                             | 3      |   |   | (4 | ) |
|                        Pension asset                                                                                                             |   |                             | (27    | ) |   | (9 | ) |
|                        Other regulatory assets                                                                                                   |   |                             | (6     | ) |   | (16 | ) |
|                        Deferred income taxes, net                                                                                                |   |                             | 18     |   |   | (3 | ) |
|                        Regulatory liabilities                                                                                                    |   |                             | 11     |   |   | 22 |   |
|                        Postretirement benefits                                                                                                   |   |                             | -      |   |   | 7 |   |
|                        Accounts payable                                                                                                          |   |                             | (10    | ) |   | (63 | ) |
|                        Taxes accrued                                                                                                             |   |                             | (11    | ) |   | (6 | ) |
|                        Interest accrued                                                                                                          |   |                             | (2     | ) |   | (5 | ) |
|    Changes                  in fuel adjustment clauses                                                                                                     |   |                             | 7      |   |   | 38 |   |
|                     Changes in other assets                                                                                                                     |   |                             | 21     |   |   | 1 |   |
|                     Changes in other liabilities                                                                                                                |   |                             | (21    | ) |   |  6 |   |
|  Net                  Cash Provided From Operating Activities                                                                                                        |   |                             | 378    |   |   | 404 |   |
|  Cash                  Flows From Investing Activities:                                                                                                              |   |                             |   |   |   |   |   |
|  Utility                  property additions and construction expenditures                                                                                           |   |                             | (415   | ) |   | (248 | ) |
|  Non-utility                  property additions                                                                                                                     |   |                             | (3     | ) |   | - |   |
|  Proceeds                  from sale of assets                                                                                                                       |   |                             | 2      |   |   | - |   |
|  Short-term                  investments-affiliate                                                                                                                   |   |                             | 10     |   |   | - |   |
|  Investments                                                                                                                                                         |   |                             | (12    | ) |   | (23 | ) |
|  Net                  Cash Used For Investing Activities                                                                                                             |   |                             | (418   | ) |   | (271 | ) |
|  Cash                  Flows From Financing Activities:                                                                                                              |   |                             |   |   |   |   |   |
|   Proceeds                  from issuance of debt                                                                                                               |   |                             | -      |   |   | 132 |   |
|                    Repayment of debt                                                                                                                                 |   |                             | (5     | ) |   | (144 | ) |
|   Retirement                  of preferred stock                                                                                                                |   |                             | (1     | ) |   | - |   |
|                    Dividends                                                                                                                                         |   |                             | (102   | ) |   | (122 | ) |
|                    Contribution from parent                                                                                                                          |   |                             | 73     |   |   | 3 |   |
|                    Short-term borrowings - affiliate, net                                                                                                            |   |                             | 8      |   |   | 75 |   |
|                    Short-term borrowings, net                                                                                                                        |   |                             | 65     |   |   | (77 | ) |
|                    Net Cash Provided From (Used For) Financing                  Activities                                                                           |   |                             | 38     |   |   | (133 | ) |
| Net                  Decrease In Cash and Cash Equivalents                                                                                                                |   |                             | (2     | ) |   | - |   |
| Cash                  and Cash Equivalents, January 1                                                                                                                     |   |                             | 24     |   |   | 19 |   |
| Cash                  and Cash Equivalents, September 30                                                                                                                  |   | $                                | 22     |   | $ | 19 |   |
|  Supplemental                  Cash Flow Information:                                                                                                                |   |                             |   |   |   |   |   |
|                    Cash paid for - Interest (net of capitalized interest of $8 and                  $5)                                                              |   | $                                | 82     |   | $ | 89 |   |
|                        -                  Income taxes |   |                             | 45     |   |   | 64 |   |
|  Noncash                  Investing and Financing Activities:                                                                                                        |   |                             |   |   |   |   |   |
|                    Accrued construction expenditures                                                                                                                 |   |                             | 26     |   |   | 14 |   |
|  See                  Notes to Condensed Consolidated Financial                  Statements.                                                                         |   |                             |   |   |   |   |   |

Table          of Contents

NOTES      TO CONDENSED 

*“Consolidation of Variable Interest Entities,”*

*“Accounting for the Effects of Certain Types of Regulation.”*

|                                                                                              |   | September                30, |   |   | December                31, |   |
|---------------------------------------------------------------------------------------------------|--------|------------------------------|--------|--------|-----------------------------|--------|
| Millions                of dollars                                                                |   | 2007                         |   |   | 2006                        |   |
| Regulatory                  Assets:                                                               |   |                         |   |   |                        |   |
| Accumulated                  deferred income taxes                                                |   | $                            | 168    |   |                        | $      | 169 |   |
| Under-collections - electric                  fuel and gas cost adjustment clauses |   |                         | 46     |   |                        |   | 49 |   |
| Deferred                  purchased power costs                                                   |   |                         | 2      |   |                        |   | 9 |   |
| Environmental                  remediation costs                                                  |   |                         | 17     |   |                        |   | 18 |   |
| Asset                  retirement obligations and related funding                                 |   |                         | 261    |   |                        |   | 254 |   |
| Franchise                  agreements                                                             |   |                         | 51     |   |                        |   | 55 |   |
| Deferred                  regional transmission organization costs                                |   |                         | 6      |   |                        |   | 8 |   |
| Deferred                  employee benefit plan costs                                             |   |                         | 110    |   |                        |   | 128 |   |
| Other                                                                                             |   |                         | 13     |   |                        |   | 12 |   |
| Total                  Regulatory Assets                                                          |   | $                            | 674    |   |                        | $      | 702 |   |

| Regulatory                  Liabilities:                      |   |   |   |   |   |   |
|---------------------------------------------------------------|--------|--------|--------|--------|--------|--------|
| Accumulated                  deferred income taxes            |   | $      | 32     |   |   | $      | 34 |   |
| Over-collection                  - gas cost adjustment clause |   |   | 4      |   |   |   | - |   |
| Other                  asset removal costs                    |   |   | 464    |   |   |   | 438 |   |
| Storm                  damage reserve                         |   |   | 48     |   |   |   | 44 |   |
| Planned                  major maintenance                    |   |   | 13     |   |   |   | 6 |   |
| Other                                                         |   |   | 21     |   |   |   | 19 |   |
| Total                  Regulatory Liabilities                 |   | $      | 582    |   |   | $      | 541 |   |

Table          of Contents

*“Accounting for Asset Retirement Obligations,” *
*“Accounting for Conditional Asset Retirement Obligations.”*

*“Employe*
*r*
*s’Accounting for Defined Benefit Pension and Other Postretirement      Plans,”*
* *

Table          of Contents

|                                                       |   | Pension                Benefits |   | Other                Postretirement Benefits |   |
|------------------------------------------------------------|--------|---------------------------------|--------|----------------------------------------------|--------|
| Three                months ended September 30,            |   | 2007                            |   | 2006                                         |   | 2007 |   | 2006 |   |
| Millions                  of dollars                       |   |                            |   |                                         |   |   |   |   |   |
| Service                  cost                              |   | $                               | 3.5    |                                         | $      | 3.5 |   | $ | 0.9 |   | $ | 1.1 |   |
| Interest                  cost                             |   |                            | 9.2    |                                         |   | 10.0 |   |   | 2.8 |   |   | 3.0 |   |
| Expected                  return on assets                 |   |                            | (18.2  | )                                            |   | (18.8 | ) |   | - |   |   | - |   |
| Prior                  service cost amortization           |   |                            | 1.5    |                                         |   | 1.7 |   |   | 0.2 |   |   | 0.4 |   |
| Transition                  obligation amortization        |   |                            | -      |                                         |   | 0.2 |   |   | 0.2 |   |   | 0.2 |   |
| Amortization                  of actuarial loss            |   |                            | -      |                                         |   | 0.1 |   |   | 0.1 |   |   | 0.6 |   |
| Amount                  attributable to Company affiliates |   |                            | (0.7   | )                                            |   | (0.6 | ) |   | (1.2 | ) |   | (1.4 | ) |
| Net                  periodic benefit (income) cost        |   | $                               | (4.7   | )                                            | $      | (3.9 | ) | $ | 3.0 |   | $ | 3.9 |   |

|                                                       |   | Pension                Benefits |   | Other                Postretirement Benefits |   |
|------------------------------------------------------------|--------|---------------------------------|--------|----------------------------------------------|--------|
| Nine                months ended September 30,             |   | 2007                            |   | 2006                                         |   | 2007 |   | 2006 |   |
| Millions                  of dollars                       |   |                            |   |                                         |   |   |   |   |   |
| Service                  cost                              |   | $                               | 10.5   |                                         | $      | 10.5 |   | $ | 3.3 |   | $ | 3.5 |   |
| Interest                  cost                             |   |                            | 29.9   |                                         |   | 29.8 |   |   | 8.8 |   |   | 8.7 |   |
| Expected                  return on assets                 |   |                            | (58.4  | )                                            |   | (56.4 | ) |   | - |   |   | - |   |
| Prior                  service cost amortization           |   |                            | 4.9    |                                         |   | 5.1 |   |   | 0.8 |   |   | 0.8 |   |
| Transition                  obligation amortization        |   |                            | -      |                                         |   | 0.4 |   |   | 0.6 |   |   | 0.6 |   |
| Amortization                  of actuarial loss            |   |                            | -      |                                         |   | 0.5 |   |   | 0.7 |   |   | 1.3 |   |
| Amount                  attributable to Company affiliates |   |                            | (1.9   | )                                            |   | (1.9 | ) |   | (3.8 | ) |   | (4.1 | ) |
| Net                  periodic benefit (income) cost        |   | $                               | (15.0  | )                                            | $      | (12.0 | ) | $ | 10.4 |   | $ | 10.8 |   |

*“The Fair Value Option for Financial Assets and Financial Liabilities,”*

Table          of Contents

*“Fair Value Measurements,”*

*Accounting for Uncertainty in Income Taxes,” *
*“Accounting for Income Taxes.”*

*“Accounting for Planned Major Maintenance      Activities,”*
*Interim Financial Reporting,*

|                                                                                                         |   | September                30,       |   |   | December                31, |   |
|--------------------------------------------------------------------------------------------------------------|--------|------------------------------------|--------|--------|-----------------------------|--------|
|                                                                                                         |   | 2007                               |   |   | 2006                        |   |
|                                                                                                         |   | Millions                of dollars |   |
| Lines                of credit:                                                                              |   |                               |   |   |                        |   |
| Committed                  long-term                                                                         |   | $                                  | 1,100  |   |                        | $      | 1,100 |   |
| Uncommitted                  (a)                                                                             |   |                               | 103    |   |                        |   | 103 |   |
|                                                                                                         |   |                               |   |   |                        |   |   |   |
| (a)                   SCANA or SCE&G may use $78 million of these lines of                  credit. |   |                               |   |   |                        |   |   |   |

Table          of Contents

Table          of Contents

Table          of Contents

|                                                     |   |     |   |      |   | Earnings                (Loss) |   |    |   |
|----------------------------------------------------------|--------|----------|--------|-----------|--------|--------------------------------|--------|---------|--------|
|                                                     |   |     |   | Operating |   | Available                to    |   |    |   |
|                                                     |   | External |   | Income    |   | Common                         |   | Segment |   |
| Millions                of Dollars                       |   | Revenue  |   | (Loss)    |   | Shareholder                    |   | Assets  |   |
| *Three                  Months Ended September 30, 2007* |   |     |   |      |   |                           |   |    |   |
| Electric                  Operations                     |   | $        | 604    |      | $      | 195                            |   |    | n/a    |   |   |   |   |
| Gas                  Distribution                        |   |     | 82     |      |   | (4                             | )      |    | n/a    |   |   |   |   |
| All                  Other                               |   |     | -      |      |   | -                              |   |    | (5     | ) |   |   |   |
| Adjustments/Eliminations                                 |   |     | -      |      |   | (3                             | )      |    | 102    |   |   |   |   |
| Consolidated                  Total                      |   | $        | 686    |      | $      | 188                            |   | $       | 97     |   |   |   |   |

| *Nine                  Months Ended September 30, 2007* |   |   |   |   |   |   |   |
|---------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|
| Electric                  Operations                    |   | $      | 1,520  |   | $      | 361    |   |   | n/a |   | $ | 5,872 |
| Gas                  Distribution                       |   |   | 375    |   |   | 23     |   |   | n/a |   |   | 479 |
| All                  Other                              |   |   | -      |   |   | -      |   | $ | (15 | ) |   | - |
| Adjustments/Eliminations                                |   |   | -      |   |   | (6     | )      |   | 199 |   |   | 1,498 |
| Consolidated                  Total                     |   | $      | 1,895  |   | $      | 378    |   | $ | 184 |   | $ | 7,849 |

| *Three                  Months Ended September 30, 2006* |   |   |   |   |   |   |   |   |   |
|----------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|
| Electric                  Operations                     |   | $      | 587    |   | $      | 166    |   |   | n/a    |   |   |   |   |
| Gas                  Distribution                        |   |   | 77     |   |   | (6     | )      |   | n/a    |   |   |   |   |
| All                  Other                               |   |   | -      |   |   | -      |   | $      | (6     | ) |   |   |   |
| Adjustments/Eliminations                                 |   |   | -      |   |   | (1     | )      |   | 97     |   |   |   |   |
| Consolidated                  Total                      |   | $      | 664    |   | $      | 159    |   | $      | 91     |   |   |   |   |

| *Nine                  Months Ended September 30, 2006* |   |   |   |   |   |   |   |
|---------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|
| Electric                  Operations                    |   | $      | 1,451  |   | $      | 376    |   |   | n/a |   | $ | 5,476 |
| Gas                  Distribution                       |   |   | 358    |   |   | 9      |   |   | n/a |   |   | 408 |
| All                  Other                              |   |   | -      |   |   | -      |   | $ | (16 | ) |   | 1 |
| Adjustments/Eliminations                                |   |   | -      |   |   | (10    | )      |   | 205 |   |   | 1,548 |
| Consolidated                  Total                     |   | $      | 1,809  |   | $      | 375    |   | $ | 189 |   | $ | 7,433 |

Table          of Contents

**ITEM      2.  MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL      CONDITION**

**                AND      RESULTS OF OPERATIONS**

**SOUTH      CAROLINA ELECTRIC & GAS COMPANY**

**RESULTS      OF OPERATIONS**

**FOR      THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2007**

**AS      COMPARED TO THE CORRESPONDING PERIODS IN 2006**

|                                     |   | Third                Quarter | Year                to Date |
|------------------------------------------|--------|------------------------------|-----------------------------|
|  Millions                of dollars |   | 2007                         |                        | 2006 |   |   | 2007 |   | 2006 |   |
|                                     |   |                         |                        |   |   |   |   |   |   |   |   |   |
| Net                  income              | $      | 98.4                         |                        | $ | 92.6 |   | $ | 189.5 |   | $ | 194.6 |   |

*Third      Quarter*

*Recognition of Synthetic Fuel Tax      Credits*

*Year      to Date*

*“Share-Base Payment,”*
*Recognition of Synthetic Fuel Tax Credits*

**Dividends      Declared**

| Declaration                Date    |   Amount                  | Quarter                Ended        | Payment                Date      |
|------------------------------------|-------------------------------------|-------------------------------------|----------------------------------|
| February                  15, 2007 | $36.0                  million      | March                  31, 2007     | April                  1, 2007   |
| April                  26, 2007    |  39.7                  million | June                  30, 2007      | July                  1, 2007    |
| August                  2, 2007    |  39.7                  million | September                  30, 2007 | October                  1, 2007 |
| October                  24, 2007  |  35.0                  million | December                  31, 2007  | January                  1, 2008 |

**Electric      Operations**

|                                                                              |   |   | Third                Quarter |   |                    | Year                To Date |   |
|-----------------------------------------------------------------------------------|--------|--------|------------------------------|--------|-------------------------|-----------------------------|--------|
| Millions                of dollars                                                |   |   | 2007                         |   | %                Change |                        |   | 2006 |   |   | 2007 |   | %                Change |   |   |  2006 |   |
| Operating                  revenues                                               |   | $      | 603.8                        |   | 2.9                     | %                           | $      | 587.0 |   | $ | 1,520.3 |   |   | 4.8 | % | $ |  1,450.9 |   |
| Less:                  Fuel used in electric generation                           |   |   | 209.2                        |   | 4.8                     | %                           |   | 199.7 |   |   | 517.9 |   |   | 11.7 | % |   |  463.8 |   |
|                           Purchased power |   |   | 9.3                          |   | 32.9                    | %                           |   | 7.0 |   |   | 27.2 |   |   | 43.2 | % |   |  19.0 |   |
| Margin                                                                            |   | $      | 385.3                        |   | 1.3                     | %                           | $      | 380.3 |   | $ | 975.2 |   |   | 0.7 | % | $ |  968.1 |   |

*Third      Quarter*

*Year      to Date*

**Gas      Distribution**

|                                            |   |   | Third                Quarter |   |                    | Year                To Date |   |
|-------------------------------------------------|--------|--------|------------------------------|--------|-------------------------|-----------------------------|--------|
| Millions                of dollars              |   |   | 2007                         |   | %                Change |                        |   | 2006 |   |   | 2007 |   | %                Change |   |   |  2006 |   |
| Operating                  revenues             |   | $      | 82.2                         |   | 7.5                     | %                           | $      | 76.5 |   | $ | 374.6 |   |   | 4.6 | % | $ |  358.1 |   |
| Less:                  Gas purchased for resale |   |   | 62.3                         |   | 1.3                     | %                           |   | 61.5 |   |   | 282.6 |   |   | (1.4 | )% |   |  286.6 |   |
| Margin                                          |   | $      | 19.9                         |   | 32.7                    | %                           | $      | 15.0 |   | $ | 92.0 |   |   | 28.7 | % | $ |  71.5 |   |

*Third      Quarter*

*Year      to Date*

**Other      Operating Expenses**

|                                             |   |   | Third                Quarter |   |                    | Year                To Date |   |
|--------------------------------------------------|--------|--------|------------------------------|--------|-------------------------|-----------------------------|--------|
| Millions                of dollars               |   |   | 2007                         |   | %                Change |                        |   | 2006 |   |   | 2007 |   | %                Change |   |   |  2006 |   |
| Other                  operation and maintenance |   | $      | 116.1                        |   | 1.0                     | %                           | $      | 115.0 |   |  $ | 362.2 |   |   | 5.4 | % | $ | 343.6 |   |
| Depreciation                  and amortization   |   |   | 63.7                         |   | (26.3                   | )%                          |   | 86.4 |   |   | 216.9 |   |   | 0.2 | % |   | 216.5 |   |
| Other                  taxes                     |   |   | 37.3                         |   | 6.3                     | %                           |   | 35.1 |   |   | 109.8 |   |   | 5.5 | % |   | 104.1 |   |

*Third      Quarter*

*Recognition of Synthetic      Fuel Tax Credits*

*Year      to Date*

*Recognition of Synthetic Fuel Tax Credits*

Table          of Contents

**Other      Income (Expense*)***

**Income      Taxes**

*Recognition      of Synthetic Fuel Tax Credits*

|                                                               |   |    | Third                Quarter |   | Year                to Date |    |
|--------------------------------------------------------------------|--------|---------|------------------------------|--------|-----------------------------|---------|
| Millions                of dollars                                 |   |    | 2007                         |   |                        | 2006    |   | 2007 |   | 2006 |   |
| Depreciation                  and amortization recapture (expense) |   | $       | 3.2                          |   | $                           | (21.6   | ) | $ | (15.9 | ) | $ | (23.0 | ) |
| Income                  tax benefits:                              |   |    |                         |   |                        |    |   |   |   |   |   |   |   |
|    From                  synthetic fuel tax credits |   |    | 1.2                          |   |                        | 10.5    |   |   | 18.9 |   |   | 14.6 |   |
|    From                  accelerated depreciation   |   |    | (1.2                         | )      |                        | 13.4    |   |   | 6.1 |   |   | 14.2 |   |
|    From                  partnership losses         |   |    | 1.9                          |   |                        | 3.6     |   |   | 5.5 |   |   | 9.4 |   |
| Total                  income tax benefits                         |   |    | 1.9                          |   |                        | 27.5    |   |   | 30.5 |   |   | 38.2 |   |
|                                                               |   |    |                         |   |                        |    |   |   |   |   |   |   |   |
| Losses                  from Equity Method Investments             |   |    | (5.1                         | )      |                        | (5.9    | ) |   | (14.6 | ) |   | (15.2 | ) |
|                                                               |   |    |                         |   |                        |    |   |   |   |   |   |   |   |
| Impact                  on Net Income                              |   | $       | -                            |   | $                           | -       |   | $ | - |   | $ | - |   |
|  Carrying                  costs recognized in other income   |   |  $ |  2                      |   |  $                     |  1 |   | $ |  4 |   | $ | 5 |   |

Table          of Contents

**LIQUIDITY      AND CAPITAL RESOURCES**

Table          of Contents

**SECURITIES      RATINGS (As of November 2, 2007)**

|                                                 |   | SCE&G     |
|------------------------------------------------------|--------|---------------|
| RatingAgency                                         |   | SeniorSecured | SeniorUnsecured | PreferredStock | CommercialPaper |  Outlook |
| Moody's                                              |   | A1            | A2 | Baa1 | P-1 | * |
| Standard                & Poor’s (S&P) |   | A-            | BBB+ | BBB | A-2 | Negative |
| Fitch                                                |   | A+            | A | A- | F-1 | Stable |

**ENVIRONMENTAL      AND REGULATORY MATTERS**

Table          of Contents

**ITEM      3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT      MARKET RISK**

|                                                               |            |                              |             |   |
|--------------------------------------------------------------------|-----------------|----------------------------------------|------------------|--------|
| As                of September 30, 2007                            |            |  Expected                Maturity |             |   |
|                                                               |            |                                   |             |   |   | There- |   | Fair |
| Millions                of dollars                                 | 2007            | 2008                                   | 2009             | 2010   | 2011 | after | Total | Value |
|                                                               |            |                                   |             |   |   |   |   |   |
| Long-Term                  Debt Issued:                            |            |                                   |             |   |   |   |   |   |
|   Fixed                  Rate ($)                        |   3.7 |   3.7                        | 103.7            | 10.4   | 164.9 | 1,667.9 | 1,954.3 | 2,001.2 |
|     Average                  Interest Rate (%) | 7.78            | 7.78                                   |   6.18 | 6.31   |   6.71 |      5.83 |      5.93 |        n/a |

|                                    | Expected                Maturity |
|-----------------------------------------|----------------------------------|
| Futures                Contracts - Long | 2007                             | 2008 | 2009 |
|                                    |                             |   |   |
| Settlement                  Price (a)   | 7.28                             |   8.13 | 8.98 |
| Contract                  Amount (b)    |   3.2                  | 14.7 |   3.5 |
| Fair                  Value (b)         |   2.7                  | 13.7 |   3.1 |

|                                            | Expected                Maturity |
|-------------------------------------------------|----------------------------------|
| Commodity                Swaps                  | 2007                             | 2008 | 2009 |
|                                            |                             |   |   |
| Pay                  fixed/receive variable (b) |     24.2     |     74.1 |       7.2 |
| Average                  pay rate (a)           | 8.7236                           | 8.7175 | 9.6552 |
| Average                  received rate (a)      | 7.3902                           | 8.0196 | 8.9674 |
| Fair                  value (b)                 |    20.5           |     68.2 |      6.7 |

| (a)Weighted                average, in dollars       |
|------------------------------------------------------|
| (b)Millions                of                dollars |   |

**ITEM      4T. CONTROLS AND PROCEDURES**

Table          of Contents

**PART      II. OTHER INFORMATION**

**ITEM      2.  UNREGISTERED SALES OF EQUITY SECURITIES AND      USE OF PROCEEDS**

| Issuer                Purchases of Equity Securities |
|------------------------------------------------------|
|                                                 |   |   |   | (d) |
|                                                 |   |   |   | Maximum                number |
|                                                 |   |   | (c) | (or                approximate |
|                                                 |   |   | Total                number of | dollar                value) of |
|                                                 | (a) |   | shares                (or units) | shares                (or units) |
|                                                 | Total                number of | (b) | purchased                as part of | that                may yet be |
|                                                 | shares                (or units) | Average                price paid | publicly                announced | purchased                under the |
| Period                                               | purchased | per                share (or unit) | plans                or programs | plan                or program |
| July                1-31                             | 321,166 | $39.00 | 321,166 |   |
| August                1-31                           | 116,857 |   38.26 | 116,857 |   |
| September                1-30                        |   84,763 |   38.62 |   84,763 |   |
| Total                                                | 522,786 |   | 522,786 | * |

**ITEM      6.  EXHIBITS**

Table          of Contents

SIGNATURES

|   | **SCANA                CORPORATION**                         |
|--------|--------------------------------------------------------------|
|   | **SOUTH                CAROLINA ELECTRIC & GAS COMPANY** |
|   | (Registrants)                                                |

| By:                                         |  /s/James                E. Swan, IV     |
|---------------------------------------------|-----------------------------------------------|
|   November                2, 2007 | James                E. Swan, IV              |
|                                        | Controller                                    |
|                                        | (Principal                accounting officer) |

Table          of Contents

EXHIBIT      INDEX

|       | Applicable                toForm 10-Q of |     |
|------------|----------------------------------------------------|--------------------|
| ExhibitNo. |  SCANA                                        |  SCE&G    |  Description  |
|       |                                               |               |   |
| 3.01       | X                                                  |               | Restated                Articles of Incorporation of SCANA Corporation as adopted on                April 26, 1989 (Filed as Exhibit 3-A to Registration Statement                No. 33-49145 and incorporated by reference herein)  |
| 3.02       | X                                                  |               | Articles                of Amendment dated April 27, 1995 (Filed as Exhibit 4-B to                Registration Statement No. 33-62421 and incorporated by reference                herein)  |
| 3.03       |                                               | X                  | Restated                Articles of Incorporation of South Carolina Electric & Gas                Company, as adopted on May 3, 2001 (Filed as Exhibit 3.01 to                Registration Statement No. 333-65460 and incorporated by reference                herein)  |
| 3.04       |                                               | X                  | Articles                of Amendment effective as of the dates indicated below and filed                as                exhibits to the Registration Statements or Exchange Act reports set                forth                below and are incorporated by reference herein  |
|       |                                               |               | May 22,                2001 | Exhibit 3.02 | to                Registration No. 333-65460 |
|       |                                               |               | June 14,                2001 | Exhibit 3.04 | to                Registration No. 333-65460 |
|       |                                               |               | August 30,                2001 | Exhibit 3.05 | to                Registration No. 333-101449 |
|       |                                               |               | March 13,                2002 | Exhibit 3.06 | to                Registration No. 333-101449 |
|       |                                               |               | May 9,                2002 | Exhibit 3.07 | to                Registration No. 333-101449 |
|       |                                               |               | June 4,                2002 | Exhibit 3.08 | to                Registration No. 333-101449 |
|       |                                               |               | August 12,                2002 | Exhibit 3.09 | to                Registration No. 333-101449 |
|       |                                               |               | March 13,                2003 | Exhibit 3.03 | to                Registration No. 333-108760 |
|       |                                               |               | May 22,                2003 | Exhibit 3.04 | to                Registration No. 333-108760 |
|       |                                               |               | June 18,                2003 | Exhibit 3.05 | to                Registration No. 333-108760 |
|       |                                               |               | August 7,                2003 | Exhibit 3.06 | to                Registration No. 333-108760 |
|       |                                               |               | February                26, 2004 | Exhibit                3.05 | to                Registration No. 333-145208-01 |
|       |                                               |               | May 18,                2004 | Exhibit 3.06 | to                Registration No. 333-145208-01 |
|       |                                               |               | June 18,                2004 | Exhibit 3.07 | to                Registration No. 333-145208-01 |
|       |                                               |               | August 12,                2004 | Exhibit 3.08 | to                Registration No. 333-145208-01 |
|       |                                               |               | March                9, 2005 | Exhibit                3.09 | to                Registration No. 333-145208-01 |
|       |                                               |               | May                16, 2005 | Exhibit                3.10 | to                Registration No. 333-145208-01 |
|       |                                               |               | June                15, 2005 | Exhibit                3.11 | to                Registration No. 333-145208-01 |
|       |                                               |               | August                16, 2005 | Exhibit                3.12 | to                Registration No. 333-145208-01 |
|       |                                               |               | March                14, 2006 | Exhibit                3.13 | to                Registration No. 333-145208-01 |
|       |                                               |               | May                11, 2006 | Exhibit                3.14 | to                Registration No. 333-145208-01 |
|       |                                               |               | June                28, 2006 | Exhibit                3.15 | to                Registration No. 333-145208-01 |
|       |                                               |               | August                16, 2006 | Exhibit                3.16 | to                Registration No. 333-145208-01 |
|       |                                               |               | March                13, 2007 | Exhibit                3.17 | to                Registration No. 333-145208-01 |
|       |                                               |               | May                22, 2007 | Exhibit                3.18 | to                Registration No. 333-145208-01 |
|       |                                               |               | June                22, 2007 | Exhibit                3.19 | to                Registration No. 333-145208-01 |
|       |                                               |               | August                21, 2007 | Exhibit                3.01 | to                Form 8-K filed August 23, 2007 |
|       |                                               |               |   |
| 3.05       |                                               | X                  | Articles                of Correction filed on June 1, 2001 correcting May 22, 2001                Articles of Amendment (Filed as Exhibit 3.03 to Registration                Statement No. 333-65460 and incorporated by reference                herein)  |
| 3.06  |                                               | X                  | Articles                of Correction filed on February 17, 2004 correcting Articles of                Amendment for the dates indicated below and filed as exhibits to                Registration Statement No. 333-145208-01 set forth below and are                incorporated by reference herein  |
|       |                                               |               | May 7,                2001 | Exhibit 3.21(a) |   |
|       |                                               |               | May 22,                2001 | Exhibit 3.21(b) |   |
|       |                                               |               | June 14,                2001 | Exhibit 3.21(c) |   |
|       |                                               |               | August 30,                2001 | Exhibit 3.21(d) |   |
|       |                                               |               | March 13,                2002 | Exhibit 3.21(e) |   |
|       |                                               |               | May 9,                2002 | Exhibit 3.21(f) |   |
|       |                                               |               | June 4,                2002 | Exhibit 3.21(g) |   |

Table          of Contents

|       | Applicable                toForm 10-Q                of |            |                                                                                                                                                                                                                                                                        |                 |   |
|------------|--------------------------------------------------------------|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------|--------|
| ExhibitNo. |  SCANA                                                  |  SCE&G |  Description                                                                                                                                                                                                                                                           |                 |   |   |
|       |                                                         |            |                                                                                                                                                                                                                                                                        |                 |   |   |
|       |                                                         |            | August 12,                2002                                                                                                                                                                                                                                         | Exhibit 3.21(h) |   |
|       |                                                         |            | March 13,                2003                                                                                                                                                                                                                                          | Exhibit 3.21(i) |   |   |
|       |                                                         |            | May 22,                2003                                                                                                                                                                                                                                            | Exhibit 3.21(j) |   |   |
|       |                                                         |            | June 18,                2003                                                                                                                                                                                                                                           | Exhibit 3.21(k) |   |   |
|       |                                                         |            | August 7,                2003                                                                                                                                                                                                                                          | Exhibit 3.21(l) |   |   |
|       |                                                         |            |                                                                                                                                                                                                                                                                        |                 |
| 3.07       |                                                         | X               | Articles                of Correction dated March 17, 2006, correcting March 14, 2006 Articles                of                Amendment (Filed as Exhibit 3.22 to Registration Statement No.                333-145208-01 and incorporated by reference herein)      |                 |
|  3.08 |                                                         | X               | Articles                of Correction dated September 6, 2006, correcting August 16, 2006                Articles                of Amendment (Filed as Exhibit 3.23 to Registration Statement No.                333-145208-01 and incorporated by reference herein)  |                 |
| 3.09       | X                                                            |            | By-Laws                of SCANA as revised and amended on December 13, 2000 (Filed as                Exhibit 3.01 to Registration Statement No. 333-68266 and                incorporated by reference herein)                                          |                 |
| 3.10       |                                                         | X               | By-Laws                of SCE&G as revised and amended on February 22, 2001 (Filed as                Exhibit 3.05 to Registration Statement No. 333-65460 and                incorporated by reference herein)                                      |                 |
| 31.01      | X                                                            |            | Certification                of Principal Executive Officer Required by Rule 13a-14 (Filed                herewith)                                                                                                                                               |
| 31.02      | X                                                            |            | Certification                of Principal Financial Officer Required by Rule 13a-14 (Filed                herewith)                                                                                                                                               |
| 31.03      |                                                         | X               | Certification                of Principal Executive Officer Required by Rule 13a-14 (Filed                herewith)                                                                                                                                               |
| 31.04      |                                                         | X               | Certification                of Principal Financial Officer Required by Rule 13a-14 (Filed                herewith)                                                                                                                                               |
| 32.01      | X                                                            |            | Certification                of Principal Executive Officer Pursuant to 18 U.S.C.                Section 1350 (Furnished herewith)                                                                                                                           |
| 32.02      | X                                                            |            | Certification                of Principal Financial Officer Pursuant to 18 U.S.C.                Section 1350 (Furnished herewith)                                                                                                                           |
| 32.03      |                                                         | X               | Certification                of Principal Executive Officer Pursuant to 18 U.S.C.                Section 1350 (Furnished herewith)                                                                                                                           |
| 32.04      |                                                         | X               | Certification                of Principal Financial Officer Pursuant to 18 U.S.C.                Section 1350 (Furnished herewith)                                                                                                                           |

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