Make a List, Check It...

Can just anyone possibly buy Santee Cooper? No. The South Carolina government created a list of criteria for a buyer. There are prospective buyers that meet the criteria originally laid out by the SC Legislature for a potential sale. …
, ,

The Santee Cooper Seven

Certain questions come up time after time about Santee Cooper debt and the possible sale of the company. Understandable. The Santee Cooper situation is not typical. The massive debt is not typical. Seven questions come up a lot. Question 1:…
, ,

Not Everyone Can Pay Higher Rates

Santee Cooper rates to increase. A $13 dollar a month increase in rates is anticipated by Santee Cooper over the next few years, said Santee Cooper (increase rates for the nuclear debt). As consumers are on the hook for the billions in debt…
, ,

Be Well - Sell

The financial rating of Santee Cooper relies in a large part on its ability to easily raise rates on customers. No other organization reviews and approves a Santee Cooper raise in rates. The Santee Cooper board is the group that can raise…
, ,

People Power is Especially Important NOW in SC Electric Cooperatives

It’s electric cooperative annual meeting season, so customers (co-op members) may be planning to attend the meeting that elects leaders and determines the future of their organizations. Especially true in South Carolina. ECC hopes members…
, ,

Santee Cooper Sale: Take Action, Or...

The government of South Carolina can lift the $9 billion debt anvil off Santee Cooper customers and the citizens. And now it may be taking action. On March 20 Senator Harvey Peeler filed a bill to allow the Governor to sell Santee Cooper.…
,

South Carolina Energy - A New Kind of March Madness?

Headlines over the past year or so in South Carolina reflect the controversy in the energy industry. Not just controversy, really. Confusion, too. Trying to track the events is perhaps another way to define the term March Madness, just not…
, ,

“This Time It’s Different” – Mighty Expensive Words for Santee Cooper

“This time it’s different.” You have heard people say it, typically when something goes wrong and they are going to try again, the same way. The phrase has made people stay the course when their actions failed. They do precisely the…
, ,

Will Nuclear Costs Be a Family Budget Buster?

Paying for essential energy needs should not be a family’s budget buster. Lots of family needs compete for the same dollars - education, replacing a car, work clothes, groceries, trying to save for retirement. Budgets are top of mind.…
,

Could Santee Cooper Debt Climb $300,000,000 More?

A million dollars a day is being added to Santee Cooper’s debt for the unfinished nuclear facility and its utility operations. ECC wrote about that just a few weeks ago. Here’s a twist on that: Some news reports say the South Carolina…