Posts

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Save Santee Cooper by Selling It

Why struggle when a solution is available? Why owe billions of dollars when a resource is available with the ability to handle that kind of money? Why debate at length a question that has been posed and researched by the South Carolina legislature? Beginning…
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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:…
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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…
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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…

Energy Employees Create a Buzz in the Community

This week is National Volunteer Week, and Lineworker Appreciation Day is April 18. There is a common thread in both – values. Recent news stories about “lineman rodeos” show the dedication and hard work of these electric industry…
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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…
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It's Spring and Debt Relief Is In the Air!

Last week the South Carolina House and Senate both started down a road to sell Santee Cooper and relieve the massive debt hanging over the heads of consumers. Now, the legislature needs to complete that journey by closing the sale.  That’s…
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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.…
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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…

Santee Cooper Debt - Tick, Tick, Tick ... $, $$, $$$$

Debt adds up daily for Santee Cooper because of the VC Summer nuclear project shutdown and other operations. It is a million dollars a day just from the interest that is adding up. ECC has written about the debt for some time. The main…