

                                  Exhibit 10.01

                                SCANA CORPORATION

                      SUPPLEMENTARY VOLUNTARY DEFERRAL PLAN



                     as amended and restated
                        effective as of
                        October 21, 1997









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                         SCANA CORPORATION

                SUPPLEMENTARY VOLUNTARY DEFERRAL PLAN


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                          TABLE OF CONTENTS

                                                           Page


SECTION 1.  ESTABLISHMENT AND PURPOSE                        1
     1.1    Establishment of Plan                            1
     1.2    Description of the Plan                          1
     1.3    Purpose of the Plan                              1

SECTION 2.  DEFINITIONS                                      2
     2.1    Definitions                                      2
     2.2    Gender and Number                                5

SECTION 3.  ELIGIBILITY AND PARTICIPATION                    6
     3.1    Eligibility                                      6
     3.2    Participation                                    6
     3.3    Continued Participation                          6

SECTION 4.  DEFERRALS                                        7
     4.1    Employee Deferrals                               7
     4.2    Crediting of Employer Matching Deferrals         7

SECTION 5.  SVDP LEDGER                                      8
     5.1    SVDP Ledger                                      8
     5.2    Adjustment of Amounts Credited to SVDP Ledgers   8
     5.3    Credited Common Stock Not Stock                  8
     5.4    Charges Against SVDP Ledger                      8

SECTION 6.  PAYMENT OF BENEFITS                              9
     6.1    When Payment Made                                9
     6.2    Payment Manner and Amount                        9
     6.3    Financial Emergency                              9

SECTION 7.  BENEFICIARY DESIGNATION                          10
     7.1    Designation of Beneficiary                       10
     7.2    Death of Beneficiary                             10
     7.3    Ineffective Designation                          10

SECTION 8.  CHANGE IN CONTROL PROVISIONS                     12
     8.1    Accelerated Distributions Upon Change
              in Control                                     12
     8.2    Tax Computation                                  12
     8.3    No Subsequent Recalculation of Tax Liability     12
     8.4    Successors                                       13
     8.5    Amendment and Termination After Change
              in Control                                     13

SECTION 9.  GENERAL PROVISIONS                               14
     9.1    Contractual Obligation                           14
     9.2    Unsecured Interest                               14
     9.3    "Rabbi" Trust                                    14
     9.4    Employment/Participation Rights                  14
     9.5    Nonalienation of Benefits                        15
     9.6    Severability                                     15
     9.7    No Individual Liability                          15
     9.8    Applicable Law                                   15

SECTION 10.  PLAN ADMINISTRATION, AMENDMENT AND TERMINATION  16
     10.1    In General                                      16
     10.2    Claims Procedure                                16
     10.3    Finality of Determination                       16
     10.4    Delegation of Authority                         16
     10.5    Expenses                                        16
     10.6    Tax Withholding                                 16
     10.7    Incompetency                                    16
     10.8    Action by Corporation                           17
     10.9    Notice of Address                               17
     10.10   Amendment and Termination                       17

SECTION 11.  EXECUTION                                       18



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                       SCANA CORPORATION


               SUPPLEMENTARY VOLUNTARY DEFERRAL PLAN

                      (As Amended and Restated)


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                   SECTION 1. ESTABLISHMENT AND PURPOSESECTION






     1.1 Establishment of Plan. SCANA Corporation  established,  effective as of
January  1, 1987,  a  supplementary  voluntary  deferred  compensation  plan for
executives  known as the "SCANA  Corporation  Supplementary  Voluntary  Deferral
Plan"  (hereinafter  called the "Plan"),  which Plan was amended on February 24,
1988 effective for calendar 1988, and on October 26, 1988 effective for calendar
1989,  generally  effective  as of said date.  The Plan was  further  amended on
August 28, 1991 for various design changes at various  effective dates. The Plan
was further  amended and  restated  as of December  18, 1996 to clarify  various
administrative  provisions and to include provisions applicable upon a Change in
Control.  Finally, the Plan was amended and restated effective as of October 21,
1997 to clarify certain provision regarding a Change in Control.

     1.2  Description  of the  Plan.  This  Plan is  intended  to  constitute  a
non-qualified  deferred  compensation  plan  which,  in  accordance  with  ERISA
Sections 201(2),  301(a)(3) and 401(a)(1), is unfunded and established primarily
for the  purpose  of  providing  deferred  compensation  for a  select  group of
management or highly compensated employees.

     1.3 Purpose of the Plan.  The purpose of this Plan is to enable the Company
to attract and retain persons of outstanding  competence,  to provide  incentive
benefits to a very  select  group of key  management  employees  who  contribute
materially to the continued growth, development,  and future business success of
the  Company,  and to provide a means  whereby  certain  amounts  payable by the
Company to selected executives may be deferred to some future period.


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                 SECTION 2.  DEFINITIONSSECTION 2.  DEFINITIONS

     2.1 Definitions.  Whenever used herein,  the following terms shall have the
meanings set forth below, unless otherwise expressly provided herein or unless a
different  meaning is plainly  required  by the  context,  and when the  defined
meaning is intended, the term is capitalized:

      (a)  "Additional   Deferral"  means  the  pre-tax   deferrals  made  by  a
Participant  under this Plan of up to nine (9)  percent of his  Compensation  in
accordance with Section 4.1(b).

      (b) "Basic  Deferral"  means the pre-tax  deferrals  made by a Participant
under this Plan of up to six (6) percent of his  Compensation in accordance with
Section 4.1(a).

      (c)  "Beneficial  Owner"  shall have the meaning  ascribed to such term in
Rule 13d-3 of the General Rules and Regulations under the Exchange Act.

      (d)  "Beneficiary"  means any person or entity who, upon the Participant's
death,  is  entitled  to receive the  Participant's  benefits  under the Plan in
accordance with Section 7 hereof.

      (e) "Board" means the Board of Directors of the Corporation.

      (f) "Change in Control" means a change in control of the  Corporation of a
nature  that  would be  required  to be  reported  in  response  to Item 6(e) of
Schedule 14A of Regulation 14A  promulgated  under the Exchange Act,  whether or
not the  Corporation  is then subject to such reporting  requirements;  provided
that,  without  limitation,  such a Change  in  Control  shall be deemed to have
occurred if:

             i) Any Person (as defined in Section  3(a)(9) of the  Exchange  Act
and used in Sections 13(d) and 14(d) thereof,  including a "group" as defined in
Section 13(d)) is or becomes the Beneficial  Owner,  directly or indirectly,  of
twenty  five  percent  (25%)  or  more  of  the  combined  voting  power  of the
outstanding shares of capital stock of the Corporation;

           ii) During any period of two (2) consecutive years (not including any
period  prior to  December  18,  1996) there shall cease to be a majority of the
Board  comprised  as follows:  individuals  who at the  beginning of such period
constitute  the Board and any new  director(s)  whose  election  by the Board or
nomination for election by the Corporation's stockholders was approved by a vote
of at least  two-thirds  (2/3) of the directors  then still in office who either
were  directors at the  beginning of the period or whose  election or nomination
for election was previously so approved;

          iii)  The  issuance  of  an  Order  by  the  Securities  and  Exchange
Commission  (SEC),  under Section  9(a)(2) of the Public Utility Holding Company
Act of 1935 as amended  (the "1935 Act"),  authorizing  a third party to acquire
five percent (5%) or more of the Corporation's voting shares of capital stock;

          iv)  The   shareholders  of  the  Corporation   approve  a  merger  or
consolidation of the Corporation with any other corporation, other than a merger
or consolidation which would result in the voting shares of capital stock of the
Corporation  outstanding  immediately  prior  thereto  continuing  to  represent
(either by remaining  outstanding  or by being  converted  into voting shares of
capital  stock of the  surviving  entity) at least eighty  percent  (80%) of the
combined  voting power of the voting shares of capital stock of the  Corporation
or  such  surviving  entity   outstanding   immediately  after  such  merger  or
consolidation; or the shareholders of the Corporation approve a plan of complete
liquidation  of the  Corporation  or an agreement for the sale or disposition by
the Corporation of all or substantially all of the Corporation's assets; or

          v) The  shareholders  of the  Corporation  approve a plan of  complete
liquidation, or the sale or disposition of South Carolina Electric & Gas Company
(hereinafter SCE&G), South Carolina Pipeline  Corporation,  or any subsidiary of
SCANA designated by the Board of Directors of SCANA as a "Material  Subsidiary,"
but such  event  shall  represent  a Change in  Control  only with  respect to a
Participant who has been exclusively  assigned to SCE&G, South Carolina Pipeline
Corporation, or the affected Material Subsidiary.

      (g) "Code" means the Internal Revenue Code of 1986, as amended.

      (h) "Code  Limitations"  means the limitations  imposed on deferrals under
and  contributions  to  the  Qualified  Plan  under  Code  sections  401(a)(17),
401(k)(3),  401(m)(2),  402(g)(1),  415,  and such  other Code  sections  as the
Committee, in its sole discretion, may designate.

      (i) "Committee" means the Management Development and Corporate Performance
Committee of the Board.

      (j) "Common Stock" means amounts  representative of shares of common stock
of the Corporation.

      (k)  "Company"  means  the   Corporation  and  any   subsidiaries  of  the
Corporation  and their  successor(s)  or assign(s)  that adopt this Plan through
execution of Agreements with any of their Employees or otherwise.


      (l) "Compensation"  means the Participant's  Eligible Earnings (as defined
in the Qualified Plan), determined without regard to any of the Code Limitations
and without regard to any deferrals or the foregoing of  compensation  under any
other plan of deferred compensation maintained by the Company.

      (m) "Corporation" means SCANA Corporation,  a South Carolina  corporation,
or any successor thereto.

      (n) "Eligible  Employee"  means an Employee who is employed by the Company
in a high-level management or administrative  position,  including employees who
also serve as officers of the Company,  and whose deferrals and/or contributions
under the Qualified Plan are limited due to the Code Limitations.

      (o) "Employee" means a person who is actively  employed by the Company and
who falls  under the  usual  common  law rules  applicable  in  determining  the
employer-employee relationship.

      (p)  "Employer   Matching   Deferral"  means  the  deferrals  credited  to
Participant's SVDP Ledgers in accordance with Section 4.2.

      (q) "Exchange Act" means the Securities Exchange Act of 1934, as amended.

      (r) "Participant" means any Eligible Employee of the Company who meets the
eligibility requirements of Section 3.

      (s) "Fair Market Value" of the Common Stock shall mean:

             (i) In the case of any  distribution,  the closing price for shares
of Common Stock on the New York Stock Exchange on the date of distribution.

            (ii) In the case of any  deferrals  hereunder  designed to mimic the
performance  of the  Qualified  Plan,  the price at which shares of Common Stock
shall next be allocated to accounts under the Qualified Plan.

          (iii) In the case of any other transaction hereunder designed to mimic
the investment or reinvestment of Common Stock,  the closing price for shares of
Common Stock on the New York Stock Exchange on the measuring date.

      (t) "Qualified Plan" means the SCANA  Corporation  Stock  Purchase-Savings
Plan, as amended from time to time.

      (u)  "Retirement"  means  retirement at a Retirement Date as defined under
the SCANA Corporation Retirement Plan.


      (v)  "Termination  Date" means the date of a  Participant's  severance  of
employment  from the  Company  by  reason  of  death,  Retirement,  resignation,
discharge or  otherwise,  or upon the  Participant's  disability as that term is
defined by the SCANA Corporation Long-Term Disability Benefit Plan for Employees
and where the prognosis is that such condition will not change.

      (w) "Year" means the calendar year.

2.2 Gender and Number.2  Gender and Number.  Except when otherwise  indicated by
the  context,  any  masculine  terminology  used herein  shall also  include the
feminine and the feminine shall include the  masculine,  and the use of any term
herein in the singular may also include the plural and the plural shall  include
the singular.


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             SECTION 3.  ELIGIBILITY AND PARTICIPATIONSECTION

     3.1 Eligibility.  An Eligible Employee shall become eligible to participate
in this Plan if:

      (a) the Employee has a base salary rate of compensation during the subject
Year of at least  $150,000 (as adjusted  each year by the  Committee in its sole
discretion),

      (b) the  Employee  has  elected  to have  the  maximum  allowable  pre-tax
deferrals made on his behalf under the Qualified Plan for the subject Year, and

      (c) as a result of the application of the Code  Limitations,  the Employee
loses the  opportunity  under the  Qualified  Plan to defer amounts on a pre-tax
basis or benefit from Employee Contributions thereunder.

     3.2  Participation.  An Employee who meets the eligibility  requirements of
Section 3.1 may become a Participant in this Plan by electing to defer a portion
of his  Compensation  on such  form  and in such  manner  as  determined  by the
Committee pursuant to Section 4.

     3.3  Continued   Participation.   Once  an  Eligible   Employee  elects  to
participate  in this Plan,  such election  shall  continue for all future years,
provided he continues  to satisfy the  requirements  of Section 3.1,  unless and
until  the  Committee   shall   designate  that   individual  as  ineligible  to
participate,  or  the  Employee  elects  to  discontinue  participation.   If  a
Participant  becomes  ineligible to participate for future  deferrals under this
Plan, he shall retain all the rights  described  under this Plan with respect to
deferrals previously made while an active Participant.


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                    SECTION 4.  DEFERRALS

     4.1 Employee  Deferrals.  An Eligible  Employee may elect to participate in
the Employee Deferral feature of this Plan for a Year as follows:

     (a)  Basic  Deferrals.  An  Eligible  Employee  may  elect to  defer  Basic
Deferrals  under  this Plan in whole  percentages  up to six (6)  percent of his
Compensation less the Deferrals made by the Eligible Employee on a pre-tax basis
under the Qualified Plan.

     (b)  Additional  Deferrals.  In  addition to Basic  Deferrals,  an Eligible
Employee  may  elect to defer  Additional  Deferrals  under  this  Plan in whole
percentages  up to nine (9)  percent of his  Compensation,  less the  Additional
Contributions  deferred by the  Eligible  Employee on a pre-tax  basis under the
Qualified Plan.

     Either of such  elections  must be made at least  ten (10) days  prior to a
Year to be effective in that Year; provided, however, that an Employee who first
becomes  eligible  to  participate  during a Year may make such an election on a
prospective  basis  within  thirty (30) days of first  becoming  eligible.  Such
election shall be made by providing for the deferral of Eligible Earnings to the
Plan on the appropriate payroll form(s), and once made shall apply automatically
to any increase or decrease in Eligible  Earnings during any given Year and from
Year to Year unless a different  deferral election is appropriately  made. Also,
where an Eligible  Employee at the time of election to defer under the Qualified
Plan  elects to defer the maximum  allowable  percentage  of  Eligible  Earnings
thereunder,  such Employee's elected Deferral under the Plan shall automatically
increase or decrease  during any given Year and from Year to Year as a result of
such Employee's  deferring a lesser or greater  percentage of Eligible  Earnings
under the Qualified Plan as the maximum percentage allowable, unless a different
Deferral election is appropriately made. Employee Deferrals shall be credited to
the Participant's  SVDP Ledger at such times and in such manner as determined by
the Committee, but no less frequently than monthly.

     4.2 Crediting of Employer Matching Deferrals.  A Participant who as elected
to have a Basic  Deferral under Section  4.1(a) will be  automatically  credited
with an amount equal to the Employer Contribution to which the Participant would
have  been  entitled  under  the  Qualified  Plan  in the  absence  of any  Code
Limitations  had his  Deferrals  under this Plan been made  under the  Qualified
Plan,  reduced by the  amounts  allocated  as Employer  Contributions  under the
Qualified  Plan.  Such  Employer  Matching  Deferrals  shall be credited to each
Participant's SVDP Ledger at such times and in such manner as the Committee,  in
its sole discretion determines, but no less frequently than monthly.


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                     SECTION 5.  SVDP LEDGER

     5.1 SVDP Ledger.  The Committee  shall  establish for each  Participant  an
appropriate  bookkeeping  record  (hereinafter  called the "SVDP  Ledger") which
shall  reflect the amounts  deferred on behalf of each  Participant  as Employee
Deferrals  and  Employer  Matching  Deferrals.  All  deferrals  credited to each
Participant's SVDP Ledger will be converted into credited shares of Common Stock
as though  purchased by the Trustee of the Qualified Plan in accordance with the
provisions of such Plan.

     5.2  Adjustment  of Amounts  Credited  to SVDP  Ledgers.  The value of each
Participant's  SVDP  Ledger  shall  be  adjusted  from  time to time to  reflect
increases  and  decreases in shares of Common Stock as well as any stock or cash
dividends  and stock  splits that may from time to time be  declared.  All stock
dividends  attributable to hypothetical  shares of Common Stock credited to each
Participant's  SVDP Ledger shall be converted to additional  credited  shares of
Common Stock as though reinvested as of the next business day after the dividend
is paid.

     5.3  Credited  Common  Stock  Not  Stock.  Nothing  in this  Plan  shall be
construed to require the  investment  of any deferrals in shares of Common Stock
or give a Participant any rights whatsoever with respect to any shares of Common
Stock.

     5.4  Charges  Against  SVDP  Ledger.  There shall be charged  against  each
Participant's  SVDP  Ledger  any  payments  made  to the  Participant  or to his
Beneficiary in accordance with Section 6 hereof.


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                SECTION 6.  PAYMENT OF BENEFITS

     6.1 When Payment Made. Upon a Participant's  Termination  Date, there shall
be paid to the Participant,  or in the event of the  Participant's  death to the
Participant's Beneficiary or Beneficiaries,  the aggregate amounts payable under
Section 6.2 as charges against the Participant's account in the SVDP Ledger.

     6.2 Payment Manner and Amount. All benefits payable under the terms of this
Plan to a Participant (or his Beneficiary(ies)) shall be paid as a lump-sum cash
distribution.  Such payment shall be in an amount  equivalent to the Fair Market
Value of the number of shares of Common  Stock in the  Participant's  account on
the Termination  Date together with any cash for deferrals that had not yet been
converted into Common Stock pursuant to Section 5.1 as of the distribution date.

6.3 Financial Emergency.3 Financial Emergency.  The Committee (or its delegate),
at its sole  discretion,  may alter the timing or manner of payment of  deferred
amounts if the Participant establishes, to the satisfaction of the Committee (or
its delegate),  an unanticipated and severe financial hardship that is caused by
an event beyond the Participant's  control. In such event, the Committee (or its
delegate) may:

      (a) provide that all, or a portion of, the amount  previously  deferred by
the Participant immediately shall be paid in a lump sum cash payment, or

      (b) provide for such installment payment schedules as it deems appropriate
under the circumstances,

     as long as the  amount  distributed  shall not be in excess of that  amount
which is  necessary  for the  Participant  to satisfy the  financial  emergency.
Severe  financial  hardship  will be deemed to have occurred in the event of the
Participant's or a dependent's  sudden,  lengthy and serious illness as to which
considerable  medical expenses are not covered by insurance or relative to which
there results a significant loss of family income, or other unanticipated events
of similar  magnitude.  The  Committee's  decision (or that of its  delegate) in
passing on the severe  financial  hardship of the  Participant and the manner in
which,  if at all, the payment of deferred  amounts shall be altered or modified
shall be final, conclusive, and not subject to appeal.


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             SECTION 7.  BENEFICIARY DESIGNATIONSECTION

7.1 Designation of Beneficiary.

      (a) A Participant shall designate a Beneficiary or Beneficiaries who, upon
the  Participant's  death,  are to receive the amounts that otherwise would have
been paid to the Participant. All designations shall be in writing and signed by
the Participant.  The designation  shall be effective only if and when delivered
to the Corporation during the lifetime of the Participant.  The Participant also
may change his  Beneficiary or  Beneficiaries  by a signed,  written  instrument
delivered to the Corporation. The payment of amounts shall be in accordance with
the last unrevoked  written  designation of Beneficiary that has been signed and
delivered to the Corporation. All Beneficiary designations shall be addressed to
the Secretary of SCANA  Corporation  and  delivered to his office,  and shall be
processed  as  indicated  in  subsection  (b) below by the  Secretary  or by his
authorized designee.

      (b)   The  Secretary of SCANA  Corporation  (or his  authorized  designee)
            shall,  upon receipt of the Beneficiary  designation:  (1) ascertain
            that the designation has been signed, and if it has not been, return
            it to the Participant for his
signature;

            (2) if signed, stamp the designation  "Received",  indicate the date
of receipt, and initial the designation in the proximity of the stamp.

7.2   Death of Beneficiary.2   Death of Beneficiary.

     (a) In the  event  that  all of the  Beneficiaries  named  in  Section  7.1
predecease the  Participant,  the amounts that otherwise would have been paid to
said  Beneficiaries  shall, where the designation fails to redirect to alternate
Beneficiaries in such circumstance,  be paid to the Participant's  estate as the
alternate Beneficiary.

     (b) In the event that two or more  Beneficiaries are named, and one or more
but  less  than  all of such  Beneficiaries  predecease  the  Participant,  each
surviving  Beneficiary  shall  receive any dollar  amount or proportion of funds
designated  or  indicated  for him per the  designation  of Section 7.1, and the
dollar amount or designated or indicated share of each  predeceased  Beneficiary
which the  designation  fails to redirect to an  alternate  Beneficiary  in such
circumstance  shall  be  paid  to  the  Participant's  estate  as  an  alternate
Beneficiary.

7.3   Ineffective Designation.

      (a) In the event the Participant  does not designate a Beneficiary,  or if
for any reason such  designation  is  entirely  ineffective,  the  amounts  that
otherwise  would  have  been  paid  to the  Beneficiary  shall  be  paid  to the
Participant's estate as the alternate Beneficiary.

      (b) In the  circumstance  that  designations  are  effective  in part  and
ineffective in part, to the extent that a designation is effective, distribution
shall be made so as to carry out as  closely  as  discernable  the intent of the
Participant,  with  result  that  only  to  the  extent  that a  designation  is
ineffective shall distribution instead be made to the Participant's estate as an
alternate Beneficiary.


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              SECTION 8.  CHANGE IN CONTROL PROVISIONS

8.1   Accelerated   Distributions   Upon   Change  in   Control8.1   Accelerated
Distributions Upon Change in Control.  Notwithstanding  anything in this Plan to
the  contrary  and  subject  to the  terms of any  agreement,  if any,  upon the
occurrence of a Change in Control where there has not been a termination  of the
SCANA  Corporation  Key Employee  Severance  Benefits  Plan prior  thereto,  the
amounts (or remaining amounts) held in each Participant's SVDP Ledger under this
Plan as of the date of such Change in Control (referred to as each Participant's
"SVDP  Benefit")  shall become  immediately  due and payable.  All SVDP Benefits
payable  this  Section  8.1  shall be paid to each  Participant  (and his or her
Beneficiary)  in the form of a single lump sum cash  payment,  together  with an
amount  (the  "Gross-Up  Payment")  such that the net  amount  retained  by each
Participant  after  deduction  of any excise tax imposed by Section  4999 of the
Code (or any similar tax that may  hereafter be imposed) on such  benefits  (the
"Excise Tax") and any Federal,  state,  and local income tax and Excise Tax upon
the SVDP Benefit and the Gross-Up  Payment  provided for by this Section 8 shall
be equal to the value of the Participant's  SVDP Benefit.  Such payment shall be
made by the  Corporation  (or to the extent assets are  transferred to the SCANA
Corporation  Executive  Benefit  Plan  Trust  by the  trustee  of such  trust in
accordance   with  the  trust's  terms)  to  the  Participant  (or  his  or  her
Beneficiary) as soon as practicable  following the Change in Control,  but in no
event  later  than the date  specified  by the  terms of the  SCANA  Corporation
Executive  Benefit  Plan Trust.  In all events,  if the Key  Employee  Severance
Benefits  Plan was  terminated  prior  to such  Change  in  Control,  then,  the
provisions of this Section shall not apply and  Participants'  benefits shall be
determined and paid under the otherwise applicable provisions of the Plan and/or
any individual Participant agreement.

8.2 Tax Computation.2 Tax Computation. For purposes of determining the amount of
the Gross-Up  Payment referred to in Section 8.1, whether any of a Participant's
SVDP  Benefit  will be subject to the Excise Tax, and the amounts of such Excise
Tax:  (i) there  shall be taken into  account  all other  payments  or  benefits
received or to be  received  by a  Participant  in  connection  with a Change in
Control of the  Corporation  (whether  pursuant to the terms of this Plan or any
other plan,  arrangement,  or agreement with the  Corporation,  any person whose
actions  result  in a  Change  in  Control  of the  Corporation  or  any  person
affiliated  with the  Corporation  or such  person);  and (ii) the amount of any
Gross-Up  Payment  payable  with  respect  to  any  Participant  (or  his or her
Beneficiary)  by reason of such payment shall be determined in accordance with a
customary  "gross-up formula," as determined by the Committee or its designee in
it its sole discretion.

8.3 No Subsequent  Recalculation of Tax Liability8.3 No Subsequent Recalculation
of Tax Liability. The Gross-Up Payments described in the foregoing provisions of
this  Section 8 are  intended  and  hereby  deemed to be a  reasonably  accurate
calculation  of each  Participant's  actual  income tax and Excise Tax liability
under the circumstances  (or such tax liability of his or her Beneficiary),  the
payment  of  which is to be made by the  Corporation  or the  SCANA  Corporation
Executive  Benefit Plan Trust. All such  calculations of tax liability shall not
be subject to subsequent  recalculation  or adjustment in either an underpayment
or  overpayment  context  with  respect  to  the  actual  tax  liability  of the
Participant (or his or her Beneficiary) ultimately determined as owed.

8.4  Successors.  Notwithstanding  anything  in this Plan to the  contrary,  and
subject to the terms of an individual  Participant  agreement,  if any, upon the
occurrence  of a Change  in  Control,  and  only if the  SCANA  Corporation  Key
Employee  Severance  Benefits Plan ("KESBP") was terminated prior to such Change
in Control,  the Company will require any successor (whether direct or indirect,
by purchase, merger, consolidation, or otherwise) of all or substantially all of
the  business  and/or  assets of the Company or of any  division  or  subsidiary
thereof to  expressly  assume and agree to perform  this Plan in the same manner
and to the same extent  that the  Company  would be required to perform it if no
such  succession  had taken place,  subject to the remaining  provisions of this
Section  8.4.  In the  event of such a Change  in  Control  where  the  KESBP is
terminated,   Participants  shall  become  entitled  to  benefits  hereunder  in
accordance  with the  terms of this  Plan,  and/or  any  individual  Participant
agreement, based on amounts credited to each Participant's SVDP Ledger as of the
date of such  Change in  Control  plus  interest  on such  amounts  at the prime
interest rate charged from time to time by the Wachovia Bank of South  Carolina,
N.A. to the end of the month prior to the month such amounts are  distributed to
each  Participant.  In such case,  any  successor  to the  Company  shall not be
required to provide for additional deferrals of benefits beyond the date of such
Change in Control. In addition, and notwithstanding Section 8.5 to the contrary,
if there is a Change in Control and the KESBP is terminated prior to such Change
in  Control,  a  successor  to the Company may amend this Plan to provide for an
automatic lump sum distribution of the then current value of Participants'  SVDP
Ledgers hereunder without such amendment being treated as an amendment  reducing
any benefits earned.

8.5  Amendment  and  Termination  After Change in Control.  Notwithstanding  the
foregoing,  and  subject  to this  Section  8,  no  amendment,  modification  or
termination  of the Plan may be made,  and no  Participants  may be added to the
Plan,  upon or  following  a Change in  Control  if it would  have the effect of
reducing any benefits earned (including optional forms of distribution) prior to
such  Change  in  Control  without  the  written  consent  of all of the  Plan's
Participants  covered  by the Plan at such time.  In all  events,  however,  the
Corporation  reserves  the right to amend,  modify or delete the  provisions  of
Section  8 at any  time  prior  to a  Change  in  Control,  pursuant  to a Board
resolution  adopted  by a vote of  two-thirds  (2/3) of the Board  members  then
serving on the Board.


<PAGE>


                SECTION 9.  GENERAL PROVISIONSSECTION 9.  GENERAL PROVISIONS

     9.1 Contractual Obligation.  It is intended that the Corporation is under a
contractual  obligation to make payments from a Participant's  account when due.
Payment  of  account  balances  shall  be made out of the  general  funds of the
Corporation as determined by the Board without any  restriction of the assets of
the Corporation  relative to the payment of such  contractual  obligations;  the
Plan is, and shall operate as, an unfunded plan.

     9.2  Unsecured  Interest.  No  Participant  or  Beneficiary  shall have any
interest whatsoever in any specific asset of the Corporation. To the extent that
any person acquires a right to receive payment under this Plan, such right shall
be no  greater  than  the  right  of  any  unsecured  general  creditor  of  the
Corporation.

     9.3 "Rabbi" Trust.  In connection with this Plan, the Board shall establish
a grantor trust (known as the "SCANA Corporation  Executive Benefit Plan Trust")
for the purpose of accumulating funds to satisfy the obligations incurred by the
Corporation under this Plan (and such other plans and arrangements as determined
from time to time by the Corporation). At any time prior to a Change in Control,
as that term is defined in such Trust,  the  Corporation  may transfer assets to
the Trust to satisfy all or part of the obligations  incurred by the Corporation
under this Plan, as  determined  in the sole  discretion of the Committee or its
designee,  subject to the return of such assets to the  Corporation at such time
as  determined in  accordance  with the terms of such Trust.  Any assets of such
Trust  shall  remain at all times  subject  to the  claims of  creditors  of the
Corporation in the event of the Corporation's insolvency;  and no asset or other
funding  medium used to pay benefits  accrued under the Plan shall result in the
Plan being considered as other than "unfunded" under ERISA.  Notwithstanding the
establishment  of the Trust,  the right of any  Participant  to  receive  future
payments  under the Plan shall  remain an  unsecured  claim  against the general
assets of the Corporation.

9.4    Employment/Participation Rights

      (a) Nothing in the Plan shall interfere with or limit in any way the right
of the Company to terminate any Participant's employment at any time, nor confer
upon any Participant any right to continue in the employ of the Company.

      (b) Nothing in the Plan shall be construed to be evidence of any agreement
or understanding, express or implied, that the Company will continue to employ a
Participant   in  any  particular   position  or  at  any  particular   rate  of
remuneration.


      (c) No employee  shall have a right to be selected as a  Participant,  or,
having been so selected, to be selected again as a Participant.

      (d)  Nothing  in this  Plan  shall  affect  the  right of a  recipient  to
participate in and receive  benefits  under and in accordance  with any pension,
profit-sharing,  deferred  compensation  or other benefit plan or program of the
Corporation.

9.5    Nonalienation of Benefits

      (a) No right or benefit under this Plan shall be subject to  anticipation,
alienation, sale, assignment, pledge, encumbrance, or change, and any attempt to
anticipate, alienate, sell, assign, pledge, encumber or change the same shall be
void; nor shall any such disposition be compelled by operation of law.

      (b) No right or  benefit  hereunder  shall in any  manner be liable for or
subject to the debts, contracts, liabilities, or torts of the person entitled to
benefits under the Plan.

      (c) If any Participant or Beneficiary  hereunder should become bankrupt or
attempt to anticipate,  alienate,  sell, assign, pledge, encumber, or change any
right or benefit hereunder,  then such right or benefit shall, in the discretion
of the Committee,  cease,  and the Committee shall direct in such event that the
Corporation  hold or apply the same or any part  thereof  for the benefit of the
Participant  or  Beneficiary  in  such  manner  and in  such  proportion  as the
Committee may deem proper.

     9.6 Severability. If any particular provision of the Plan shall be found to
be  illegal  or  unenforceable  for  any  reason,  the  illegality  or  lack  of
enforceability  of such provision  shall not affect the remaining  provisions of
the Plan,  and the Plan shall be  construed  and  enforced  as if the illegal or
unenforceable provision had not been included.

     9.7 No Individual  Liability.  It is declared to be the express purpose and
intention  of the  Plan  that no  liability  whatsoever  shall  attach  to or be
incurred by the shareholders,  officers,  or directors of the Corporation or any
representative appointed hereunder by the Corporation, under or by reason of any
of the terms or conditions of the Plan.

     9.8 Applicable Law. This Plan shall be governed and construed in accordance
with the laws of the State of South  Carolina,  except to the extent governed by
applicable Federal law.


<PAGE>


   SECTION 10.  PLAN ADMINISTRATION, AMENDMENT AND TERMINATION

     10.1 In General.  This Plan shall be administered  by the Committee,  which
shall have the sole authority to construe and interpret the terms and provisions
of the Plan and determine the amount, manner and time of payment of any benefits
hereunder. The Committee shall maintain records, make the requisite calculations
and  disburse  payments  hereunder,  and  its  interpretations,  determinations,
regulations  and  calculations  shall be final and  binding on all  persons  and
parties  concerned.  The Committee  may adopt such rules as it deems  necessary,
desirable or appropriate in administering this Plan and the Committee may act at
a meeting,  in a writing without a meeting, or by having actions otherwise taken
by a member  of the  Committee  pursuant  to a  delegation  of  duties  from the
Committee.

     10.2  Claims  Procedure.  Any  person  dissatisfied  with  the  Committee's
determination of a claim for benefits  hereunder must file a written request for
reconsideration  with  the  Committee.  This  request  must  include  a  written
explanation  setting forth the specific  reasons for such  reconsideration.  The
Committee shall review its determination  promptly and render a written decision
with respect to the claim,  setting  forth the specific  reasons for such denial
written in a manner  calculated to be understood by the claimant.  Such claimant
shall be given a  reasonable  time within which to comment,  in writing,  to the
Committee  with  respect to such  explanation.  The  Committee  shall review its
determination  promptly and render a written decision with respect to the claim.
Such  decision  upon matters  within the scope of the authority of the Committee
shall be conclusive, binding, and final upon all claimants under this Plan.

     10.3 Finality of  Determination.  The  determination of the Committee as to
any  disputed  questions  arising  under  this  Plan,   including  questions  of
construction and interpretation,  shall be final,  binding,  and conclusive upon
all persons.

     10.4  Delegation  of  Authority.  The  Committee  may,  in its  discretion,
delegate  its duties to an officer or other  employee  of the  Company,  or to a
committee composed of officers or employees of the Company.

     10.5  Expenses.  The cost of  payment  from this Plan and the  expenses  of
administering the Plan shall be borne by the Corporation.

     10.6 Tax Withholding.  The Corporation  shall have the right to deduct from
all payments made from the Plan any federal,  state,  or local taxes required by
law to be withheld with respect to such payments.


     10.7 Incompetency. Any person receiving or claiming benefits under the Plan
shall be  conclusively  presumed to be mentally  competent  and of age until the
Company  receives  written notice,  in a form and manner  acceptable to it, that
such  person  is  incompetent  or a  minor,  and that a  guardian,  conservator,
statutory  committee  under the South  Carolina  Code of Laws,  or other  person
legally vested with the care of his estate has been appointed. In the event that
the Company finds that any person to whom a benefit is payable under the Plan is
unable to properly  care for his  affairs,  or is a minor,  then any payment due
(unless a prior claim therefor  shall have been made by a duly  appointed  legal
representative)  may be paid to the spouse,  a child, a parent,  or a brother or
sister,  or to any person deemed by the Company to have incurred expense for the
care of such person otherwise entitled to payment.

     In the event a guardian or conservator or statutory committee of the estate
of any person  receiving or claiming  benefits under the Plan shall be appointed
by a court of competent jurisdiction, payments shall be made to such guardian or
conservator or statutory  committee provided that proper proof of appointment is
furnished in a form and manner  suitable to the Company.  Any payment made under
the  provisions of this Section 10.7 shall be a complete  discharge of liability
therefor under the Plan.

     10.8 Action by  Corporation.  Any action  required or permitted to be taken
hereunder by the Corporation or its Board shall be taken by the Board, or by any
person or persons authorized by the Board.

     10.9  Notice  of  Address.  Any  payment  made to a  Participant  or to his
Beneficiary  at the last known post office  address of the  distributee  on file
with the Corporation,  shall constitute a complete  acquittance and discharge to
the  Corporation  and any director or officer with respect  thereto,  unless the
Corporation  shall  have  received  prior  written  notice of any  change in the
condition or status of the distributee. Neither the Corporation nor any director
or officer  shall have any duty or  obligation  to search for or  ascertain  the
whereabouts of the Participant or his Beneficiary.

     10.10 Amendment and  Termination.  The  Corporation  expects the Plan to be
permanent  but,  since future  conditions  affecting the  Corporation  cannot be
anticipated or foreseen, the Corporation reserves the right to amend, modify, or
terminate  the Plan at any time by action of its  Board,  subject  to Section 8;
provided,  however,  that any such action shall not diminish  retroactively  any
amounts deferred,  which have been credited to any Participant's SVDP Ledger. If
the Board amends the Plan to cease future deferrals  hereunder or terminates the
Plan, the Board may, in its sole discretion,  direct that the deferrals value of
each Participant's  SVDP Ledger be paid to each Participant (or Beneficiary,  if
applicable)  in an  immediate  lump  sum  payment.  In the  absence  of any such
direction from the Board, the Plan shall continue as a "frozen" plan under which
no future  deferrals  will be recognized  (however,  changes in value of amounts
credited to Participants' SVDP Ledgers shall continue to be recognized) and each
Participant's benefits shall be paid in accordance with the otherwise applicable
terms of the Plan.


<PAGE>


                   SECTION 11. EXECUTION


IN WITNESS WHEREOF, the Company has caused this SCANA Corporation  Supplementary
Voluntary  Deferral  Plan to be executed  by its duly  authorized  officer  this
______ day of __________________________,  199___, to be effective as of October
21, 1997.

                          SCANA Corporation


                          By:____________________________

                          Title:___________________________

ATTEST:

---------------------------------
Secretary
