Posts

Speaker’s Letter Needs a “Next Step” for Consumers

“Arrogance and ambivalence” are two of the choice terms the South Carolina House Speaker used to describe Santee Cooper in an infamous letter where he made it clear the state-owned utility cannot be trusted. Speaker Lucas plainly said…

Santee Cooper Employees Deserve Better Management

It’s hard to learn from what hasn’t been experienced. New experience counts for a lot, especially with employee development, an important point in the Santee Cooper discussion that has not been raised. Santee Cooper mismanagement affects…

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…

Speaker Lucas Hits the Nail on the Head

Wow! Just read the letter that South Carolina House Speaker Lucas sent to the leadership of Santee Cooper. I started working in the energy industry in 1975 and have never read such pointed language from a legislator toward another entity. To…

Tough Times for Debt-laden Companies Like Santee Cooper?

A booming economy helps all companies. Corporate sins are easier to hide when money is coming in. Not so in a bad economy. Dollars are short. Jobs lost. Household budgets crunched. Frankly, it is galling to pay extra hard-earned dollars…
,

Is Santee Cooper the Best House on the Block?

Spring home selling season is cranking up. There is a corollary with the Santee Cooper sale and selling a home. Hear me out. People who have been through the home selling process can relate to the different ways people view the same…

A Track Record Versus “a Wish and a Hope”

Fragments of the NextEra offer for Santee Copper have been reported. Not the whole thing. Lots of data is being reviewed these days by policymakers, so it can be tough to get it all. The view of ECC is that all proposals ought to get…

“When You Come to a Fork In the Road, Take It”

Baseball player Yogi Berra’s aphorism seems true now. South Carolina policymakers and Santee Cooper customers stand at a fork in the road. Three forks, really. The South Carolina Department of Administration (DOA) just released a report…

Santee Cooper Customers: What’s Not In Your Wallet?

ECC has said all along that customers will be paying for Santee Cooper's debt, and recently the state-owned utility has been in court to make sure that their customers can't get off the hook. Arguing against Santee Cooper in a class action…

Time to Protect Santee Cooper Customers

Kudos to the Legislature and Governor for setting up a system, managed by the State Department of Administration, to address the ongoing Santee Cooper issues. That was a good step for the accountability that is needed. Time to finish the…