SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

FORM 10-Q

(Mark One)

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

For the quarterly period ended March 31, 1995

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

For the transition period from to

Commission file number 1-8809

SCANA Corporation
(Exact name of registrant as specified in its charter)

South Carolina 57-0784499
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)

1426 Main Street, Columbia, South Carolina 29201
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code (803) 748-3000

Former name, former address and former fiscal year, if changed since
last report.

Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such shorter
period that the registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days.
Yes X . No .

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

Indicate by check mark whether the registrant has filed all
documents and reports required to be filed by Section 12, 13 or 15(d) of
the Securities Exchange Act of 1934 subsequent to the distribution of
securities under a plan confirmed by a court.

Yes . No .

APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practicable date.

97,258,880 Common Shares, without par value, as of April 30, 1995
(reflects a two-for-one split of the Company's Common Stock effective at
the close of business May 11, 1995)

SCANA CORPORATION

INDEX

PART I. FINANCIAL INFORMATION Page

Item 1. Financial Statements

Consolidated Balance Sheets as of March 31, 1995
and December 31, 1994.................................. 3

Consolidated Statements of Income and Retained Earnings
for the Periods Ended March 31, 1995 and 1994.......... 5

Consolidated Statements of Cash Flows for the Periods
Ended March 31, 1995 and 1994.......................... 6

Notes to Consolidated Financial Statements............. 7

Item 2. Management's Discussion and Analysis of Financial
Condition and Results of Operations.................... 10

PART II. OTHER INFORMATION

Item 1. Legal Proceedings...................................... 14

Item 6. Exhibits and Reports on Form 8-K....................... 14

Signatures...................................................... 15

Exhibit Index................................................... 16

PART I
FINANCIAL INFORMATION
SCANA CORPORATION
CONSOLIDATED BALANCE SHEETS
As of March 31, 1995 and December 31, 1994

(Unaudited)
March 31, December 31,
1995 1994
ASSETS (Thousands of Dollars)
Utility Plant:
Electric................................................... $3,479,792 $3,424,951
Gas........................................................ 467,927 467,576
Transit.................................................... 3,413 3,785
Common..................................................... 77,040 77,327
Total.................................................... 4,028,172 3,973,639
Less accumulated depreciation and amortization............. 1,355,535 1,333,360
Total.................................................... 2,672,637 2,640,279
Construction work in progress.............................. 604,857 582,628
Nuclear fuel, net of accumulated amortization.............. 39,085 43,591
Acquisition adjustment-gas, net of accumulated
amortization............................................. 26,920 27,169
Utility Plant, Net.................................... 3,343,499 3,293,667

Nonutility Property and Investments, net of accumulated
depreciation and depletion................................. 388,697 395,929

Current Assets:
Cash and temporary cash investments........................ 7,248 10,934
Receivables................................................ 183,826 183,180
Inventories (at average cost):
Fuel..................................................... 57,074 60,273
Materials and supplies................................... 46,280 47,463
Prepayments................................................ 22,411 19,853
Accumulated deferred income taxes.......................... 17,890 18,629
Total Current Assets.................................. 334,729 340,332

Deferred Debits:
Emission allowances........................................ 22,374 19,409
Unamortized debt expense................................... 13,393 13,488
Unamortized deferred return on plant investment............ 9,553 10,614
Nuclear plant decommissioning fund......................... 31,805 30,383
Other...................................................... 274,404 289,306
Total Deferred Debits................................. 351,529 363,200
Total....................................... $4,418,454 $4,393,128

See notes to consolidated financial statements.

SCANA CORPORATION
CONSOLIDATED BALANCE SHEETS
As of March 31, 1995 and December 31, 1994
(Unaudited)

March 31, December 31,
1995 1994
(Thousands of Dollars)
CAPITALIZATION AND LIABILITIES
Stockholders' Investment:
Common Equity:
Common stock (Without par value)......................... $ 903,696 $ 886,770
Retained earnings........................................ 535,804 523,668
Total Common Equity..................................... 1,439,500 1,410,438
Preferred stock (Not subject to purchase or sinking funds). 26,027 26,027
Total Stockholders' Investment.......................... 1,465,527 1,436,465
Preferred stock, net (Subject to purchase or sinking funds).. 47,763 49,528
Long-term debt, net.......................................... 1,526,675 1,548,824
Total Capitalization.................................. 3,039,965 3,034,817

Current Liabilities:
Short-term borrowings...................................... 171,520 171,827
Current portion of long-term debt.......................... 99,135 38,055
Current portion of preferred stock......................... 2,338 2,418
Accounts payable........................................... 88,732 117,959
Customer deposits.......................................... 13,636 13,768
Taxes accrued.............................................. 25,417 46,670
Interest accrued........................................... 28,246 25,226
Dividends declared......................................... 37,925 35,530
Other...................................................... 16,496 17,220
Total Current Liabilities............................. 483,445 468,673

Deferred Credits:
Accumulated deferred income taxes.......................... 594,865 589,026
Accumulated deferred investment tax credits................ 90,442 91,349
Accumulated reserve for nuclear plant decommissioning...... 31,805 30,383
Other...................................................... 177,932 178,880
Total Deferred Credits................................ 895,044 889,638
Total....................................... $4,418,454 $4,393,128

See notes to consolidated financial statements.

SCANA CORPORATION
CONSOLIDATED STATEMENTS OF INCOME AND RETAINED EARNINGS
For the Periods Ended March 31, 1995 and 1994
(Unaudited)

Three Months Ended
March 31,
1995 1994
(Thousands of Dollars,
Except Per Share Amounts)
OPERATING REVENUES:
Electric..................................... $230,574 $234,859
Gas.......................................... 113,159 111,429
Transit...................................... 1,026 1,021
Total Operating Revenues................. 344,759 347,309

OPERATING EXPENSES:
Fuel used in electric generation............. 51,852 56,983
Purchased power.............................. 629 4,785
Gas purchased for resale..................... 65,405 68,750
Other operation.............................. 56,130 54,855
Maintenance.................................. 14,790 15,486
Depreciation and amortization................ 30,778 29,738
Income taxes................................. 28,859 28,092
Other taxes.................................. 21,270 19,222
Total Operating Expenses................. 269,713 277,911

OPERATING INCOME............................... 75,046 69,398

OTHER INCOME:
Allowance for equity funds used
during construction........................ 2,468 2,110
Other income, net of income taxes............ 1,547 6,340
Total Other Income....................... 4,015 8,450

INCOME BEFORE INTEREST CHARGES AND
PREFERRED STOCK DIVIDENDS.................... 79,061 77,848

INTEREST CHARGES (CREDITS):
Interest expense............................. 33,351 27,865
Allowance for borrowed funds used
during construction........................ (2,708) (1,680)
Total Interest Charges, Net.............. 30,643 26,185

INCOME BEFORE PREFERRED STOCK CASH
DIVIDENDS OF SUBSIDIARY...................... 48,418 51,663
PREFERRED STOCK CASH DIVIDENDS OF
SUBSIDIARY (At stated rates)................. (1,434) (1,539)
NET INCOME..................................... 46,984 50,124
RETAINED EARNINGS AT BEGINNING
OF PERIOD.................................... 523,668 506,380
COMMON STOCK CASH DIVIDENDS DECLARED........... (34,848) (33,102)
RETAINED EARNINGS AT END OF PERIOD............. $535,804 $523,402

NET INCOME..................................... $ 46,984 $ 50,124
WEIGHTED AVERAGE NUMBER OF COMMON
SHARES OUTSTANDING (THOUSANDS) (1).......... 96,633 93,693
EARNINGS PER WEIGHTED AVERAGE SHARE
OF COMMON STOCK (1)......................... $ .49 $ .53
CASH DIVIDENDS DECLARED PER SHARE OF
COMMON STOCK (1)............................ $ .36 $ .3525

See notes to consolidated financial statements.

(1) Adjusted to reflect two-for-one stock split effective May 11, 1995.

SCANA CORPORATION
CONSOLIDATED STATEMENTS OF CASH FLOWS
For the Periods Ended March 31, 1995 and 1994

(Unaudited)
Three Months Ended
March 31,
1995 1994
(Thousands of Dollars)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income............................................ $ 46,984 $ 50,124
Adjustments to reconcile net income to net cash
provided from operating activities:
Depreciation, depletion and amortization............ 49,783 46,571
Amortization of nuclear fuel........................ 4,974 3,835
Deferred income taxes, net.......................... 6,385 13,834
Deferred investment tax credits, net................ (907) (911)
Net regulatory asset - adoption of SFAS No. 109..... 1,118 (361)
Dividends declared on preferred stock of subsidiary. 1,434 1,539
Equity (earnings) losses of investees............... (25) (109)
Nuclear refueling accrual........................... 1,740 1,756
Allowance for funds used during construction........ (5,176) (3,790)
Over (under) collections, fuel adjustment clause.... 24,965 6,051
Early retirements................................... (6,445) 113
Emission allowances................................. (2,965) (154)
Changes in certain current assets and liabilities:
(Increase) decrease in receivables................. (646) 13,806
(Increase) decrease in inventories................. 4,382 17,528
(Increase) decrease in prepayments................. (2,558) -
Increase (decrease) in accounts payable............ (29,226) (51,030)
Increase (decrease) in estimated rate refunds
and related interest............................. - (727)
Increase (decrease) in taxes accrued............... (21,253) (22,851)
Increase (decrease) in interest accrued ........... 3,020 6,162
Other, net.......................................... (4,012) (1,818)
Net Cash Provided From Operating Activities............. 71,572 79,568

CASH FLOWS FROM INVESTING ACTIVITIES:
Utility property additions and construction
expenditures........................................ (86,226) (86,772)
Increase in other property and investments............ (12,223) (23,316)
Principal noncash item:
Allowance for funds used during construction........ 5,176 3,790
Net Cash Used For Investing Activities.................. (93,273) (106,298)

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds:
Issuance of notes and loans......................... 60,000 60,000
Issuance of common stock............................ 16,415 16,170
Repayments:
Redemption of notes................................. (58,490) (62,000)
Other long-term debt................................ - (284)
Preferred stock..................................... (1,846) (1,770)
Dividend payments:
Common stock........................................ (33,883) (31,934)
Preferred stock of subsidiary....................... (1,470) (1,558)
Short-term borrowings, net............................ 32,494 62,686
Fuel financings, net.................................. 4,795 482
Net Cash Provided From Financing Activities............. 18,015 41,792

NET INCREASE (DECREASE) IN CASH AND
TEMPORARY CASH INVESTMENTS............................ (3,686) 15,062
CASH AND TEMPORARY CASH INVESTMENTS AT JANUARY 1........ 10,934 20,766
CASH AND TEMPORARY CASH INVESTMENTS AT MARCH 31......... $ 7,248 $ 35,828

SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for - Interest (includes capitalized
interest of $2,708 and $1,680)....... $ 30,088 $ 21,410
- Income taxes.......................... 1,623 3,424

See notes to consolidated financial statements.

SCANA CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
March 31, 1995
(Unaudited)

The following notes should be read in conjunction with the
Notes to Consolidated Financial Statements appearing in the
Company's Annual Report on Form 10-K for the year ended December
31, 1994. These are interim financial statements and, because of
temperature variations between seasons of the year, the amounts
reported in the Consolidated Statements of Income are not
necessarily indicative of amounts expected for the year. In the
opinion of management, the information furnished herein reflects
all adjustments, all of a normal recurring nature, which are
necessary for a fair statement of the results for the interim
periods reported.

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:

A. Principles of Consolidation:
The accounts of the Company and its wholly owned subsidiaries
are consolidated in the accompanying Consolidated Financial
Statements. Certain investments are reported using the
equity method of accounting. Significant intercompany
balances and transactions have been eliminated in
consolidation.

B. Stock Split

On April 27, 1995, the Company's Board of Directors approved
a two-for-one split of the Company's Common Stock effective
at the close of business May 11, 1995. The weighted average
number of common shares outstanding, earnings per weighted
average share of common stock and cash dividends declared per
share of common stock have been restated to reflect the stock
split for all periods reported.

C. Reclassifications:

Certain amounts from prior periods have been reclassified to
conform with the 1995 presentation.

2. RATE MATTERS:

With respect to rate matters at March 31, 1995, reference is
made to Note 2 of Notes to Consolidated Financial Statements
in the Company's Annual Report on Form 10-K for the year
ended December 31, 1994. No changes have occurred with
respect to those matters as reported therein.

3. RETAINED EARNINGS:

The Restated Articles of Incorporation of the Company do not
limit the dividends that may be payable on its common stock.
However, the Restated Articles of Incorporation of SCE&G and
the Indenture underlying certain of its bond issues contain
provisions that may limit the payment of cash dividends on
common stock. In addition, with respect to hydroelectric
projects, the Federal Power Act may require the
appropriation of a portion of the earnings therefrom. At
March 31, 1995 approximately $13.8 million of SCE&G's
retained earnings were restricted as to payment of cash
dividends on common stock.

4. COMMITMENTS AND CONTINGENCIES:

With respect to commitments at March 31, 1995, reference is
made to Note 10 of Notes to Consolidated Financial
Statements appearing in the Company's Annual Report on Form
10-K for the year ended December 31, 1994. No significant
changes have occurred with respect to those matters as
reported therein.

A. Nuclear Insurance

The Price-Anderson Indemnification Act, which deals with
public liability for a nuclear incident, currently
establishes the liability limit for third-party claims
associated with any nuclear incident at $8.9 billion. Each
reactor licensee is currently liable for up to $79.3 million
per reactor owned for each nuclear incident occurring at any
reactor in the United States, provided that not more than $10
million of the liability per reactor would be assessed per
year. SCE&G's maximum assessment, based on its two-thirds
ownership of Summer Station, would be approximately $52.9
million per incident but not more than $6.7 million per
year.

SCE&G currently maintains policies (for itself and on behalf
of the PSA) with Nuclear Electric Insurance Limited (NEIL)
and American Nuclear Insurers (ANI) providing combined
property and decontamination insurance coverage of $1.4
billion for any losses in excess of $500 million pursuant
to existing primary coverages (with ANI) on Summer Station.
SCE&G pays annual premiums and, in addition, could be
assessed a retroactive premium not to exceed 7 1/2 times its
annual premium in the event of property damage loss to any
nuclear generating facilities covered by NEIL. Based on the
current annual premium, this retroactive premium would not
exceed $8.2 million.

To the extent that insurable claims for property damage,
decontamination, repair and replacement and other costs and
expenses arising from a nuclear incident at Summer Station
exceed the policy limits of insurance, or to the extent such
insurance becomes unavailable in the future, and to the
extent that SCE&G's rates would not recover the cost of any
purchased replacement power, SCE&G will retain the risk of
loss as a self-insurer. SCE&G has no reason to anticipate a
serious nuclear incident at Summer Station. If such an
incident were to occur, it could have a materially adverse
impact on the Company's financial position.

B. Environmental

The Company has an environmental assessment program to
identify and assess current and former operations sites that
could require environmental cleanup. As site assessments are
initiated, an estimate is made of the amount of
expenditures, if any, necessary to investigate and clean up
each site. These estimates are refined as additional
information becomes available; therefore actual expenditures
could significantly differ from the original estimates.
Amounts estimated and accrued to date for site assessment and
cleanup relate primarily to regulated operations; such
amounts have been deferred (approximately $19.3 million) and
are being amortized and recovered through rates over a ten-
year period for electric operations and an eight-year period
for gas operations.

In September 1992 the Environmental Protection Agency (EPA)
notified SCE&G, the City of Charleston and the Charleston Housing
Authority of their potential liability for the investigation and
cleanup of the Calhoun Park Area Site in Charleston, South
Carolina. This site originally encompassed approximately 18 acres
and included properties which were the locations for industrial
operations, including a wood preserving (creosote) plant and one of
SCE&G's decommissioned manufactured gas plants. The original scope
of this investigation has been expanded to approximately 30 acres
including adjacent properties owned by the National Park Service
and the City of Charleston, and private properties. The site has
not been placed on the National Priority List, but may be added
before cleanup is initiated. The potentially responsible parties
(PRP) have agreed with the EPA to participate in an innovative
approach to site investigation and cleanup called "Superfund
Accelerated Cleanup Model," allowing the pre-cleanup site
investigations process to be compressed significantly. The PRPs
have negotiated an administrative order by consent for the conduct
of a Remedial Investigation/Feasibility Study (RI/FS) and a
corresponding Scope of Work. Actual field work began November 1,
1993 after final approval and authorization was granted by

EPA. SCE&G is also working with the City of Charleston to
investigate potential contamination from the manufactured gas plant
which may have migrated to the city's aquarium site. In 1994 the
City of Charleston notified SCE&G that it considers SCE&G to be
responsible for a $43.5 million increase in costs of the aquarium
project attributable to delays resulting from contamination of the
Calhoun Park area site. SCE&G believes it has meritorious defenses
against this claim and does not expect its resolution to have a
material impact on its financial position or future results of
operations.

C. Construction Loan

MPX Systems, Inc. (MPX), a wholly owned subsidiary of SCANA,
through a joint venture with Gulf States Transmission Systems,
Inc., a subsidiary of ITC Holding Company, is constructing a fiber
optic network through Louisiana, Mississippi, Alabama and Georgia.
A $40 million construction loan obtained by the joint venture, Gulf
States Fibernet, has been guaranteed by SCANA Corporation.

SCANA CORPORATION
MANAGEMENT'S DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Material Changes in Capital Resources and Liquidity
From December 31, 1994 to March 31, 1995

Competition

The electric utility industry has begun a major transition
that could lead to expanded market competition and less regulatory
protection. Future deregulation of electric wholesale and retail
markets will create opportunities to compete for new and existing
customers and markets. As a result, profit margins and asset
values of some utilities could be adversely affected. The pace of
deregulation, the future market price of electricity, and the
regulatory actions which may be taken by the Public Service
Commission of South Carolina (PSC) in response to the changing
environment cannot be predicted. However, the Company is
aggressively pursuing actions to position itself strategically for
the transformed environment.

Liquidity and Capital Resources

The cash requirements of the Company arise primarily from
SCE&G's operational needs, the Company's construction program and
the need to fund the activities or investments of the Company's
nonregulated subsidiaries. The ability of the Company's regulated
subsidiaries to replace existing plant investment, as well as to
expand to meet future demands for electricity and gas, will depend
upon their ability to attract the necessary financial capital on
reasonable terms. The Company's regulated subsidiaries recover the
costs of providing services through rates charged to customers.
Rates for regulated services are generally based on historical
costs. As customer growth and inflation occur and the regulated
subsidiaries expand their construction programs, it is necessary to
seek increases in rates. As a result, the Company's future
financial position and results of operations will be affected by
the regulated subsidiaries' ability to obtain adequate and timely
rate relief.

The following table summarizes how the Company generated funds
for its property acquisitions and utility property additions and
construction expenditures during the three months ended March 31,
1995 and 1994:

Three Months Ended
March 31,
1995 1994
(Thousands of Dollars)

Net cash provided from operating activities $ 71,572 $ 79,722
Net cash provided from financing activities 18,015 41,792
Cash and temporary cash investments available
at the beginning of the period 10,934 20,766

Net cash available for property acquisitions
and utility property additions and
construction expenditures $100,521 $142,280

Funds used for utility property additions
and construction expenditures, net of
noncash allowance for funds used during
construction $ 81,050 $ 82,982

Funds used for nonutility property
additions $ 8,851 $ 23,090

On January 14, 1994 the Company closed unsecured bank loans
totaling $60 million due January 13, 1995, and used the proceeds to
pay off a loan in a like amount. In January 1995 the Company
refinanced the loans with a $60 million unsecured bank loan due
January 12, 1996 at an interest rate of 6.44% subject to reset
quarterly at LIBOR plus ten basis points.

On April 12, 1995 SCE&G issued $100 million of First Mortgage
Bonds, 7 5/8% series due April 1, 2025 to repay short-term
borrowings.

Powertel PCS Partners, L.P. (Powertel), a limited partnership
that includes MPX successfully bid for three personal
communications service licenses in the Southeast offered by the
Federal Communications Commission for the development of a new
generation of wireless communications. Powertel had winning bids
totaling $124.5 million in the FCC's auction for radio airspace in
three Major Trading Areas (MTA) that cover parts of six states. The
areas are the Jacksonville MTA, a 50-county area of northern
Florida and southern Georgia; the Memphis MTA, a 93-county area
that includes southwest Tennessee, northern and middle Mississippi
and parts of eastern Arkansas; and the Birmingham MTA, a 53-county
area of Alabama. MPX holds the largest partnership interest,
approximately 43% of Powertel.

SCANA Petroleum Resources, Inc. (SPR), a wholly owned
subsidiary of SCANA Corporation, and Fina Oil and Chemical Company
have entered into a joint exploration and development agreement
providing for the exclusive oil and gas development rights on
approximately 183,000 acres of onshore lands owned by Fina in
Terrebonne and LaFourche Parishes in southern Louisiana. The
agreement calls for SPR and Fina to begin an extensive 3-D seismic
acquisition program on the property beginning this summer and
continuing over the next several years. Fina will be the operator
of the multi-million dollar seismic program which will be financed
and owned on a 50-50 basis between the companies. SPR's
participation in the seismic and drilling activity will be financed
largely with internal cash flows from the existing SPR business.

The Company anticipates that the remainder of its 1995 cash
requirements will be met through internally generated funds, the
sales of additional equity securities and medium-term notes and the
incurrence of additional short-term and long-term indebtedness.
The timing and amount of such financing will depend upon market
conditions and other factors.

The ratio of earnings to fixed charges for the twelve months
ended March 31, 1995 was 2.89.

The Company expects that it has or can obtain adequate
sources of financing to meet its cash requirements for the next
twelve months and for the foreseeable future.

SCANA CORPORATION
Results of Operations
For the Three Ended March 31, 1995
As Compared to the Corresponding Period in 1994

Earnings and Dividends

Net income for the three months ended March 31, 1995 decreased
approximately $3.1 million when compared to the corresponding
period in 1994 primarily due to operations at SCANA Petroleum
Resources, Inc. (SPR), the Company's oil and natural gas
exploration and production subsidiary. SPR recorded a loss of $5.1
million for the first quarter of 1995.

Allowance for funds used during construction (AFC) is a
utility accounting practice whereby a portion of the cost of both
equity and borrowed funds used to finance construction (which is
shown on the balance sheet as construction work in progress) is
capitalized. Both the equity and the debt portions of AFC are
noncash items of nonoperating income which have the effect of
increasing reported net income. AFC represented approximately 7%
and 5% of income before income taxes for the three months ended
March 31, 1995 and 1994, respectively.

On February 14, 1995 the Company's Board of Directors
declared a quarterly dividend on common stock of 36 cents per
share, as adjusted for the two-for-one stock split effective May
11, 1995, for the quarter ending March 31, 1995. The dividend was
paid on April 1, 1995 to common stockholders of record on March 10,
1995.

On April 27, 1995, The Company's Board of Directors declared
a quarterly dividend on common stock of 36 cents per share for the
quarter ended June 30, 1995. The dividend is payable on July 1,
1995 to common stockholders of record on June 10, 1995.

Sales Margins

The change in the electric sales margin for the three months
ended March 31, 1995, when compared to the corresponding period in
1994, was as follows:

Three Months
Change % Change
(Millions)

Electric operating revenues $(4.3) (1.8)
Less: Fuel used in electric
generation (5.1) (9.0)
Purchased power (4.2) (86.9)

Margin $ 5.0 2.9

The electric sales margin increased for the three months ended
March 31, 1995 compared to the corresponding period in 1994 as a
result of the combined impact of improved economic conditions which
resulted in increased electric sales to commercial and industrial
customers, and the base rate increase received by SCE&G in mid-1994
which more than offset the negative impact of milder weather
experienced during the first quarter of 1995.

The change in the gas sales margin for the three months ended
March 31, 1995, when compared to the corresponding period in 1994,
was as follows:

Three Months
Change % Change
(Millions)

Gas operating revenues $ 1.7 1.6
Less: Gas purchased for resale (3.4) (4.9)

Margin $ 5.1 11.9

The increase in the gas sales margin is primarily a result of
lower gas costs, which allowed the Company to compete more
successfully with alternate fuel suppliers in industrial markets,
and a shifting of transportation customers to the industrial class.

Other Operating Expenses

Increases in other operating expenses, including taxes, for
the three months ended March 31, 1995 compared to the corresponding
period in 1994 is presented in the following table:

Three Months
Change % Change
(Millions)

Other operation and maintenance $ .6 0.8
Depreciation and amortization 1.0 3.5
Income taxes .8 2.7
Other taxes 2.0 10.7

Total $4.4 3.0

Other operation and maintenance expenses for the three months
ended March 31, 1995 increased slightly from 1994 levels overall,
with increases in some operation costs substantially offset by
lower maintenance costs related to plant outages. The depreciation
and amortization increases for the three months reflect additions
to plant in service. The increase in income tax expense for the
three months' comparison corresponds to the increase in operating
income for the first quarter. The increase in other taxes reflects
higher property taxes resulting from higher millages and
assessments and higher payroll taxes.

Other Income

Other income, net of income taxes, for the three months ended
March 31, 1995 decreased $4.8 million when compared to the
corresponding period of 1994. The decline is primarily due to
operations at SPR.

Interest Charges

Interest expense, excluding the debt component of AFC, for the
three months ended March 31, 1995 increased $5.5 million, when
compared to the corresponding period of 1994. The increase is due
primarily to the issuance of additional debt including commercial
paper during the latter part of 1994 and early 1995.

SCANA CORPORATION

Part II

OTHER INFORMATION

Item 1. Legal Proceedings

For information regarding legal proceedings see Note 2
"Rate Matters" and Note 4 "Commitments and
Contingencies" of Notes to Consolidated Financial
Statements.

Items 2, 3, 4, and 5 are not applicable.

Item 6. Exhibits and Reports on Form 8-K

A. Exhibits

Exhibits filed with this Quarterly Report on Form 10-Q
are listed in the following Exhibit Index. Certain of
such exhibits which have heretofore been filed with the
Securities and Exchange Commission and which are
designated by reference to their exhibit numbers in
prior filings are hereby incorporated herein by
reference and made a part hereof.

B. Reports on Form 8-K

The Company filed a report on Form 8-K on April 28, 1995
in response to Item 5, "Other Events" regarding a 100%
stock split of the Company's common stock, no par value,
effective at the close of business May 11, 1995.

SCANA CORPORATION

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

SCANA CORPORATION
(Registrant)

May 11, 1995 By: s/W. B. Timmerman
W. B. Timmerman, Executive Vice
President, Chief Financial Officer and Controller
(Principal Financial Officer)

SCANA CORPORATION
EXHIBIT INDEX Sequentially
Numbered
Pages
Number
2. Plan of Acquisition, Reorganization, Arrangement,
Liquidation or Succession
Not Applicable

3. Articles of Incorporation and By-Laws

A. Restated Articles of Incorporation of SCANA
Corporation as adopted on April 26, 1989
(Exhibit 3-A to Registration Statement
No. 33-49145)........................................... #

B. Articles of Amendment dated April 27, 1995
(Exhibit 4 to Form 8-K filed April 28, 1995
File No. 1-8809)........................................ #

C. Copy of By-Laws of SCANA Corporation as revised
and amended on February 15, 1994 (Exhibit 4.2 to
Post-Effective Amendment No. 1 to Registration
Statement No. 33-56923)................................. #

4. Instruments Defining the Rights of Security Holders,
Including Indentures
A. Articles of Exchange of South Carolina
Electric & Gas Company and SCANA Corporation
(Exhibit 4-A to Post-Effective Amendment No. 1
to Registration Statement No. 2-90438).................. #
B. Indenture dated as of November 1, 1989 to
The Bank of New York, Trustee (Exhibit 4-A
to Registration No. 33-32107)........................... #
C. Indenture dated as of January 1, 1945, from
the South Carolina Power Company (the "Power
Company") to Central Hanover Bank and Trust
Company, as Trustee, as supplemented by three
Supplemental Indentures dated respectively as
of May 1, 1946, May 1, 1947 and July 1, 1949
(Exhibit 2-B to Registration No. 2-26459)............... #
D. Fourth Supplemental Indenture dates as of
April 1, 1950, to Indenture referred to in
Exhibit 4C, pursuant to which the Company
assumed said Indenture (Exhibit 2-C to
Registration No. 2-26459)............................... #
E. Fifth through Fifty-second Supplemental
Indenture referred to in Exhibit 4C dated
as of the dates indicated below and filed
as exhibits to the Registration Statements
and 1934 Act reports whose file numbers are
set forth below......................................... #

# Incorporated herein by reference as indicated.

SCANA CORPORATION
EXHIBIT INDEX

Number
December 1, 1950 Exhibit 2-D to Registration No. 2-26459
July 1, 1951 Exhibit 2-E to Registration No. 2-26459
June 1, 1953 Exhibit 2-F to Registration No. 2-26459
June 1, 1955 Exhibit 2-G to Registration No. 2-26459
November 1, 1957 Exhibit 2-H to Registration No. 2-26459
September 1, 1958 Exhibit 2-I to Registration No. 2-26459
September 1, 1960 Exhibit 2-J to Registration No. 2-26459
June 1, 1961 Exhibit 2-K to Registration No. 2-26459
December 1, 1965 Exhibit 2-L to Registration No. 2-26459
June 1, 1966 Exhibit 2-M to Registration No. 2-26459
June 1, 1967 Exhibit 2-N to Registration No. 2-29693
September 1, 1968 Exhibit 4-O to Registration No. 2-31569
June 1, 1969 Exhibit 4-C to Registration No. 33-38580
December 1, 1969 Exhibit 4-Q to Registration No. 2-35388
June 1, 1970 Exhibit 4-R to Registration No. 2-37363
March 1, 1971 Exhibit 2-B-17 to Registration No. 2-40324
January 1, 1972 Exhibit 4-C to Registration No. 33-38580
July 1, 1974 Exhibit 2-A-19 to Registration No. 2-51291
May 1, 1975 Exhibit 4-C to Registration No. 33-38580
July 1, 1975 Exhibit 2-B-21 to Registration No. 2-53908
February 1, 1976 Exhibit 2-B-22 to Registration No. 2-55304
December 1, 1976 Exhibit 2-B-23 to Registration No. 2-57936
March 1, 1977 Exhibit 2-B-24 to Registration No. 2-58662
May 1, 1977 Exhibit 4-C to Registration No. 33-38580
February 1, 1978 Exhibit 4-C to Registration No. 33-38580
June 1, 1978 Exhibit 2-A-3 to Registration No. 2-61653
April 1, 1979 Exhibit 4-C to Registration No. 33-38580
June 1, 1979 Exhibit 4-C to Registration No. 33-38580
April 1, 1980 Exhibit 4-C to Registration No. 33-38580
June 1, 1980 Exhibit 4-C to Registration No. 33-38580
December 1, 1980 Exhibit 4-C to Registration No. 33-38580
April 1, 1981 Exhibit 4-D to Registration No. 33-49421
June 1, 1981 Exhibit 4-D to Registration No. 2-73321
March 1, 1982 Exhibit 4-D to Registration No. 33-49421
April 15, 1982 Exhibit 4-D to Registration No. 33-49421
May 1, 1982 Exhibit 4-D to Registration No. 33-49421
December 1, 1984 Exhibit 4-D to Registration No. 33-49421
December 1, 1985 Exhibit 4-D to Registration No. 33-49421
June 1, 1986 Exhibit 4-D to Registration No. 33-49421
February 1, 1987 Exhibit 4-D to Registration No. 33-49421
September 1, 1987 Exhibit 4-D to Registration No. 33-49421
January 1, 1989 Exhibit 4-D to Registration No. 33-49421
January 1, 1991 Exhibit 4-D to Registration No. 33-49421
February 1, 1991 Exhibit 4-D to Registration No. 33-49421
July 15, 1991 Exhibit 4-D to Registration No. 33-49421

# Incorporated herein by reference as indicated.

SCANA CORPORATION
EXHIBIT INDEX
Sequentially
Numbered
Pages
Number
August 15, 1991 Exhibit 4-D to Registration No. 33-49421
April 1, 1993 Exhibit 4-E to Registration No. 33-49421
July 1, 1993 Exhibit 4-D to Registration No. 33-57955
F. Indenture dated as of April 1, 1993 from
South Carolina Electric & Gas Company to
NationsBank of Georgia, National Association
(Filed as Exhibit 4-F to Registration Statement
No. 33-49421)........................................... #
G. First Supplemental Indenture to Indenture
referred to in Exhibit 4-G dated as of June 1, 1993
(Filed as Exhibit 4-G to Registration Statement
No. 33-49421)........................................... #
H. Second Supplemental Indenture to Indenture
referred to in Exhibit 4-E dated as of June 15, 1993
(Filed as Exhibit 4-G to Registration Statement
No. 33-57955............................................ #

10. Material Contracts
Not Applicable

11. Statement Re Computation of Per Share Earnings
Not Applicable

15. Letter Re Unaudited Interim Financial Information
Not Applicable

18. Letter Re Change in Accounting Principles
Not Applicable

19. Report Furnished to Security Holders
Not Applicable

22. Published Report Regarding Matters Submitted to
Vote of Security Holders
Not Applicable

23. Consents of Experts and Counsel
Not Applicable

24. Power of Attorney
Not Applicable

27. Financial Data Schedule (Filed herewith)

99. Additional Exhibits
Not Applicable