
The Santee Cooper Contagion
An infection may be festering in South Carolina. Senator Wes Climer labeled it as a contagion. He busted a fallacy – that the state isn’t on the hook for Santee Cooper’s debt. It was part of the discussion in a March 30 Senate Judiciary…

The “Well, Duh” of Santee Cooper
Santee Cooper’s claims of reform do not have to be long term. Just need to be a few months until the heat is off. At that point everyone will be so tired of talking about Santee Cooper it can go on its way. Won’t matter if the right…

Santee Cooper’s Limited Choices
An old saying is, “How do you want it – good quality, fast, or cheap? Pick two, because you can’t have all three.” Every homeowner who’s ever hired-out a project knows if you demand high-quality delivered on a rapid timeline you are…

Special Delivery to the South Carolina General Assembly
Santee Cooper CEO Mark Bonsall sent a letter to the General Assembly in late January announcing Santee Cooper will be in debt until 2055. Although likely not his intent the letter clearly highlights the choice confronting legislators:
Pay off…

Why Santee Cooper "Reform" Won’t Work
Santee Cooper is different from almost every other utility in three big ways:
It is state-owned
Its Board of Directors has absolute autonomy over the rates it charges customers and the money the organization spends
Mismanagement…