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Santee Cooper Names Two New Executives

Santee Cooper has named two new executives. Mark Bonsall as CEO and Charles Duckworth as Deputy CEO. These are a new names in the Carolinas. Until his 2018 retirement, Bonsall was the chief executive of the Salt River Project [SRP], a…

“Coal is clearly on the ropes”

Coal still is a significant chunk of the U.S. electric power pie. That is changing at light-speed for the utility business. Several recent figures mark the decline of coal: Fewer than ten percent of coal plants were built from the 1990s…
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Renew Our Pledge for Energy Independence

Energy independence has typically meant weaning our nation off oil supplies from other countries. Energy is much more than oil, though. It is electricity, more and more. On this July 4 what energy freedoms are reasonable to desire in…
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Santee Cooper On the Downhill Slide Again

“South Carolina-owned Santee Cooper took another rating hit due to ongoing legal and political problems related to its ownership share in a shelved nuclear reactor project.” That is the lead sentence from Bond Buyer magazine this…

Do Light Bulbs Really Make a Difference? Yes!

Light bulbs, small as they are, make for big energy savings. New light-emitting diode (LED) bulbs use some 80 percent less electricity than old incandescent bulbs. LEDs are more efficient to the point that they helped US electric usage flatten…
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Taking Steps Forward in the Santee Cooper Situation

The South Carolina legislature is moving ahead in the potential sale of Santee Cooper. For good reason. Governor McMaster in his State of the State Address made it pretty clear that Santee Cooper is saddled with immense debt, in large…
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The SC Senate Takes the Next Step on Santee Cooper

The South Carolina Senate voted 42-1 to move ahead and seek bids for the sale, management or reorganization of Santee Cooper. It is a positive step in the process. Discussion. Debate. Steps taken. Those are good. South Carolinians concerned…
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Santee Cooper – Whose Debt Is It, Anyway?

Question: When it comes to Santee Cooper, whose debt is it, anyway? Answer: The debt belongs to Santee Cooper, to the customers. The debt was incurred by the decision of Santee Cooper. Check this. From the South Carolina Code about…

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. …