Posts

The Santee Cooper Contagion Effect
,

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…

Santee Cooper Reform ... April Fools'!

April Fools'! It's Santee Cooper reform again. A column in the Post and Courier mounted a defense of Santee Cooper reform efforts. A selective defense, too. Real reform gives the PSC final say over Santee Cooper rates, just for one. Accountability.…
,

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…

Santee Cooper Ranks Eight. FPL is Number One

The South Carolina legislature is looking at two utilities. So is JD Power. How did they rank with JD Power? Santee Cooper came in #8. FPL, the Florida utility owned by NextEra Energy, came in #1. That was just one assessment. Often corporate…

The State of the State; the State of Santee Cooper

Rogue, arrogance, incompetence, errant -- the Governor of South Carolina used these words in his State of the State message to describe Santee Cooper. Wow! Here’s a quote from the Governor of South Carolina in his January 13 State of the…

Santee Cooper - A Zombie Company?

Santee Cooper’s debt is huge, but Santee Cooper is not huge. ECC wrote about this more than a year ago, asking whether Santee Cooper is a zombie company. The pandemic and business slowdown raise the issue of zombies again in the news. So…

Santee Cooper “Best of 2020” Blogs

It’s a tradition at the end of the year to look back, “best of” lists are all over. Books, albums, podcasts, restaurants…  We are no different, so here are the blogs that had the most clicks for Energy Consumers of the Carolinas. Today,…