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SCANA / Dominion Merger Approved. What’s Next? Debt

The South Carolina Public Service Commission approved the merger between SCANA and Dominion Energy December 14. That move, “All but guarantees that Dominion Energy will take over SCANA and electric and gas businesses in South Carolina, North Carolina and Georgia,” said financial publication Market Screener after the decision. Nuclear debt is not decided in the PSC decision, though. It is one step Read more about SCANA / Dominion Merger Approved. What’s Next? Debt[…]

Carolina Energy 2019: More Collaboration?

What should Carolinians expect, ask for, or watch for in their energy world in 2019? Energy Consumers of the Carolinas asked a handful of energy professionals. The year can be a pivot point in energy. This column is about collaboration, and how 2019 could be a year when available technology matches up with policy. If that happens, Read more about Carolina Energy 2019: More Collaboration?[…]

Santee Cooper Debt – Clean the Slate

“A clean slate.” The term is often used at the start of a new year. It means to start fresh, to be rid of debt. Or, to get people on an even footing. That may not be the exact phrase used about Santee Cooper’s nuclear debt and how it can impact customers, though it is Read more about Santee Cooper Debt – Clean the Slate[…]

Carolina Energy 2019 – A Blueprint for States and Consumers

As ECC was researching its look at 2019 in energy we found two recent reports that provide good high-level strategies for electric energy. While the reports are not specifically focused on the Carolinas or the Southeast, the topics in the reports absolutely apply to the Carolinas. Taken together the material in these reports can help guide Read more about Carolina Energy 2019 – A Blueprint for States and Consumers[…]

When it Comes to Santee Cooper, Legislators Should Keep their Eyes on the Ball

As an entrepreneur and mother, “follow through” and “focus” are two of life’s most important lessons which I acquired from playing tournament, high school, and college tennis. As I prepare for this season’s final tennis match tonight, I remind myself how important it is to keep my eye on the ball. And then I wonder Read more about When it Comes to Santee Cooper, Legislators Should Keep their Eyes on the Ball[…]

Carolina Energy 2019: In South Carolina – Time to Implement Decisions

Focus and timely decisions from regulators and policymakers are essential to successfully move into 2019.  Over the next few weeks, Energy Consumers of the Carolinas will look ahead at 2019 in the energy business. We will cover a wide range of topics – technology, business trends, energy supply, workforce… We start with the most obvious issues Read more about Carolina Energy 2019: In South Carolina – Time to Implement Decisions[…]

Santee Cooper Financial Rating is Lowered

The financial rating agency Fitch* lowered the rating of Santee Cooper’s bonds. Admittedly it is a change from A+ to A-, but a two-step downgrade nonetheless. The direction is not what is desired. Also, the rating went from a “negative watch” to “negative.” The change happened the week of November 13. Typically, if an organization Read more about Santee Cooper Financial Rating is Lowered[…]

Debt: There Are “No Shortcuts”

“Black Friday,” November 23, is coming up fast and shoppers will hit the stores with credit cards in hand. It is a day when a lot of household debt is created. So we will use that date to look at debt because the terminated nuclear project leaves South Carolina – and some of its electric Read more about Debt: There Are “No Shortcuts”[…]

From Elected to Energized

We cast our votes a week ago, so signs are starting to come down, political ads have ceased, and polling phone calls have taken a break…phew. My daughter turned 18 in October so this election day was an especially exciting for me. I was particularly impressed with how present and involved she was. She had Read more about From Elected to Energized[…]

SC Legislature Starts Critical Process About Santee Cooper

The South Carolina legislature on Tuesday tackled a thorny issue:  How to handle the sale of Santee Cooper. Consumers concerned about the mammoth debt from the terminated V.C. Summer nuclear plant should keep their eyes on the key criteria of a possible sale, as reported in the Post and Courier: “But first a company must Read more about SC Legislature Starts Critical Process About Santee Cooper[…]