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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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DOE Closes $1.9 Billion Loan to Restart Duane Arnold Nuclear Plant in Iowa

LCG, September 9, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) yesterday announced the financial close of a loan of up to $1.9 billion to NextEra Energy to support the finance of the restart of Iowa's only nuclear power plant, the Duane Arnold Energy Center. EDF has now financed three, carbon-free nuclear plant restarts and completed four concurrent conditional commitments and financial closings under the current Administration. This latest investment, along with the others, advance the Administration's energy dominance agenda and Executive Order, Reinvigorating the Nuclear Industrial Base.

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Industry News

South Carolina Utility Cuts Gas Rate 15.24 Percent

LCG, March 7, 2001--South Carolina Electric & Gas Co., the principal subsidiary of Scana Corp., said yesterday it has received approval from the South Carolina Public Service Commission to lower its natural gas customers bills by 15.24 percent.

SCE&G said the new rate will go into effect with the first billing cycle this month, and a typical householder who uses 100 therms of gas will see his bill drop by around $20.

"We're pleased to be able to pass along lower gas prices to our customers, especially following several months of colder than normal winter weather," said Neville Lorick, president of SCE&G. "While it is extremely tough to predict changing natural gas commodity prices, if the current trendscontinue, we are hopeful we can continue to reduce costs to our gas customers."

SCE&G said it also was able to credit its residential and commercial gas customers' bills on average an additional $23.00 in December and January through the company's "Weather Normalization Adjustment." The company is also making progress on a plan under which customers can pay a flat monthly rate to 12 months.

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