Posts

Pandemic Economics Impact Power Companies, Customers

Economic impacts from the pandemic are hitting utilities, states, and cities. Important data for South Carolina hit the street last week. The South Carolina General Fund Revenue Monitor was issued June 11. Significant negatives for state income.…

Santee Cooper Action Takes on a New Fiscal AND Moral Dimension

We know the pandemic has made economic life more difficult for many Americans. In fact, 41 percent of Americans now say that they would have a tough time managing an unexpected $250 emergency. (Source) That's the backdrop that sets the stage…

Pandemic Impacts Coal as a Power Fuel

Less power is being used during the pandemic. Less power means less use of coal to make power. Coal is stacking up, unused and un-needed is some places. Coal has not been the fuel-of-choice for some time. Electric generation from coal…

A Pandemic Means Santee Cooper’s Debt is Even More Dangerous

Coronavirus May Light Fuse on 'Unexploded Bomb' of Corporate Debt said the New York Times. Santee Cooper is loaded with debt in uncharted territory in a new sort of recession. The virus may sweep through in a wave but will likely shake…

Quick Take – Utility Bills and Coronavirus

It’s been a tough year this past week! All-Coronavirus-all-the-time on the news. But in all the bad news utilities around the country are doing the right thing. Many utilities recognize how tough this health issue is, and how it can affect…