S.C. Code Ann. § 58-27-850
Whenever the Commission after a hearing, upon its own motion or upon complaint, finds that the existing rates in effect and collected by any electrical utility for any service, product or commodity are unjust, unreasonable, insufficient, unreasonably discriminatory or in any way in violation of any provision of law the Commission shall determine the just, reasonable, and sufficient rates to be thereafter observed and in force and shall fix the same by its order.