



                                                                  Exhibit 12.01

SCANA CORPORATION
CALCULATION OF BOND RATIO
FOR THE YEAR ENDED DECEMBER 31, 1999
(Millions of Dollars)




  Net earnings(1)                                               $566.4

  Divide by annualized interest charges on:
    Bonds authenticated under SCANA's
      First and Refunding Mortgage Bond
      Indenture                                    $31.0
    Other indebtedness(1)                          $63.3
        Total annualized interest charges                       $ 94.3

            Bond ratio                                            6.01


(1)  As defined under SCE&G's First and Refunding Mortgage Bond Indenture, dated
     April 1, 1945 (Old Mortgage).




<PAGE>




SCANA CORPORATION
CALCULATION OF NEW BOND RATIO
FOR THE YEAR ENDED DECEMBER 31, 1999
(Millions of Dollars)



  Net earnings(1)                                               $561.1

  Divide by annualized interest charges on:
    Bonds authenticated under SCANA's
      First Mortgage Bond Indenture                $63.3
    Other indebtedness(1)                          $31.0
        Total annualized interest charges                       $ 94.3

            New Bond Ratio                                        5.95


(1)  As defined under SCE&G's Collateral Trust Mortgage  Indenture,  dated April
     1, 1993(New Mortgage).





<PAGE>





SCANA CORPORATION
CALCULATION OF PREFERRED STOCK RATIO
FOR THE YEAR ENDED DECEMBER 31, 1999
(Millions of Dollars)


  Net Earnings (1)                                              $181.7

  Divide by annualized interest charges on:
    Bonds authenticated under SCE&G's
      mortgage bond indentures                     $31.0
    Other indebtedness (1)                         $63.3
    Preferred Dividend Requirements                $ 7.4
        Total annualized interest charges                       $101.7

            Preferred stock ratio                                 1.79



(1) As defined under SCE&G's Restated Articles of Incorporation.






<PAGE>







<TABLE>

                                                SCANA CORPORATION COMPUTATION OF
                                  RATIO OF EARNINGS TO FIXED CHARGES For Each of
                                  the Five Years Ended December 31, 1999
                                               (Millions of Dollars)



                                                                    Years Ended December 31,
<S>                                                 <C>         <C>         <C>         <C>         <C>
                                                     1999        1998        1997        1996        1995
                                                     ----        ----        ----        ----        ----
Fixed Charges as defined:
  Interest on long-term debt..................      $129.2      $118.1      $113.6      $112.3      $113.9
  Amortization of debt premium, discount and
   expense (net)..............................         3.0         2.7         2.6         2.6         2.5
  Other interest expense......................        13.8        10.0        11.7        13.3        17.1
  Trust preferred.............................         3.8         3.8          .7           -           -
  Interest component of rentals...............          .8         0.8         1.7         2.3         2.8
                                                    ------      ------      ------      ------      ------

      Total Fixed Charges (A).................      $150.6      $135.4      $130.3      $130.5      $136.3
                                                    ======      ======      ======      ======      ======

Earnings, as defined:
  Income......................................      $186.4      $230.8      $230.0      $220.7      $174.0
  Income taxes................................       111.3       131.1       113.6       119.1        99.1
  Total fixed charges above...................       150.6       135.4       130.3       130.5       136.3
                                                    ------      ------      ------      ------      ------

      Total Earnings (B)......................      $448.3      $497.3      $473.9      $470.3      $409.4
                                                    ======      ======      ======      ======      ======

Ratio of Earnings to fixed charges (B/A)......        2.98        3.67        3.64        3.60        3.00
                                                      ====        ====        ====        ====        ====


</TABLE>





<PAGE>



                                                                  Exhibit 12.01

SOUTH CAROLINA ELECTRIC & GAS COMPANY
CALCULATION OF BOND RATIO
FOR THE YEAR ENDED DECEMBER 31, 1999
(Millions of Dollars)




  Net earnings(1)                                               $566.4

  Divide by annualized interest charges on:
    Bonds authenticated under SCANA's
      First and Refunding Mortgage Bond
      Indenture                                    $31.0
    Other indebtedness(1)                          $63.3
        Total annualized interest charges                       $ 94.3

            Bond ratio                                            6.01


(1)  As defined under SCE&G's First and Refunding Mortgage Bond Indenture, dated
     April 1, 1945 (Old Mortgage).



<PAGE>



SOUTH CAROLINA ELECTRIC & GAS COMPANY
CALCULATION OF NEW BOND RATIO
FOR THE YEAR ENDED DECEMBER 31, 1999
(Millions of Dollars)



  Net earnings(1)                                               $561.1

  Divide by annualized interest charges on:
    Bonds authenticated under SCANA's
      First Mortgage Bond Indenture                $63.3
    Other indebtedness(1)                          $31.0
        Total annualized interest charges                       $ 94.3

            New Bond Ratio                                        5.95


(1)  As defined under SCE&G's Collateral Trust Mortgage  Indenture,  dated April
     1, 1993 (New Mortgage).




<PAGE>





SOUTH CAROLINA ELECTRIC & GAS COMPANY
CALCULATION OF PREFERRED STOCK RATIO
FOR THE YEAR ENDED DECEMBER 31, 1999
(Millions of Dollars)


  Net Earnings (1)                                              $181.7

  Divide by annualized interest charges on:
    Bonds authenticated under SCE&G's
      mortgage bond indentures                     $31.0
    Other indebtedness (1)                         $63.3
    Preferred Dividend Requirements                $ 7.4
        Total annualized interest charges                       $101.7

            Preferred stock ratio                                 1.79




(1) As defined under SCE&G's Restated Articles of Incorporation.


























<PAGE>


<TABLE>





                                           SOUTH CAROLINA ELECTRIC & GAS COMPANY
                                     COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
                                     For Each of the Five Years Ended December 31, 1999
                                                   (Millions of Dollars)



                                                                      Year Ended December 31,
<S>                                                 <C>         <C>         <C>         <C>         <C>
                                                     1999        1998        1997        1996        1995
                                                     ----        ----        ----        ----        ----
Fixed Charges as defined:
  Interest on long-term debt..................      $ 94.4      $ 92.7      $ 94.0      $ 94.8      $ 96.2
  Amortization of debt premium, discount and
   expense (net)..............................         2.5         2.3         2.3         2.3         2.2
  Interest on debt to affiliate...............           -          -           -           -           -
  Other interest expense......................         8.6         6.2         4.9         7.4         9.2
  Trust preferred.............................         3.8         3.8          .7           -           -
  Interest component of rentals...............         0.8         0.8         1.8         2.3         2.8
                                                    -------     ------      ------      ------      ------

      Total Fixed Charges (A).................      $110.1      $105.8      $103.7      $106.8      $110.4
                                                    ======      ======      ======      ======      ======
Earnings, as defined:
  Income......................................      $189.2      $227.2      $194.7      $190.5      $169.2
  Income taxes................................       109.7       132.2       100.6       108.1        97.3
  Total fixed charges above...................       110.1       105.8       103.7       106.8       110.4
                                                    ------      ------      ------      ------      ------

      Total Earnings (B)......................      $409.0      $465.2      $399.0      $405.4      $376.9
                                                    ======      ======      ======      ======      ======

Ratio of Earnings to fixed charges (B/A)......        3.71        4.40        3.85        3.80        3.41
                                                      ====        ====        ====        ====        ====
</TABLE>

