Posts

The Bottom Drops on Bottom Lines. Consumers Could Feel the Jolt

“South Carolina lawmakers will again have a significant amount of extra money to spend in next year's budget. … a nearly $2 billion increase in the general fund, which lawmakers control, for the budget year that starts in July 2020.”…

Santee Cooper Customers Stuck Again

Stuck again. Santee Cooper customers, that is. The company is turning 100 cents of customer dollars into a whole lot less. Costs of paying for unbuilt nuclear plants. Customers are committed to pay for nuclear costs for years (though it does…

Santee Cooper's Leadership is a Concern

South Carolina’s Speaker of the House wrote in April that he'd like to fire Santee Cooper's Board of Directors and change Santee Cooper’s leadership ... if he could. The reason why was clear enough: “It has become my experience…

Santee Cooper, You Are On the Air

Interesting discussion about Santee Cooper’s recent legal settlement payout to ratepayers on WVOC talk-radio, Columbia, a couple weeks ago. The discussion shows how much is left unexplained by the utility. Murky. The on-air discussion notes…

Keeping People Well Informed Ought to be a Habit for All Utilities

Should utility customers know what is happening with the company where they buy power? Should owners and investors in a utility have a clear and comprehensive explanation of the company’s finances and strategy? Seems reasonable. So here…
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Santee Cooper and VC Summer – Anniversary of a Summer Blockbuster Disaster

July 28, 2017 marked the debut of the Charlize Theron action flick, Atomic Blonde, what one critic called the best action movie of the summer.  A blockbuster movie. Three days later, in South Carolina, Santee Cooper and SCANA officials announced…

Quick Take – Some Companies Talk; Other Companies Get Things Done

Three years of discussion about what to do with Santee Cooper has produced three years of debates about what to do with Santee Cooper. While the debates continue, as does Santee Cooper debt, and stories of an in-the-ditch company culture, something…

Cracks in Santee Cooper’s Rate Freeze?

Santee Cooper has a rate freeze. Does it really? A freeze for how long? Under what terms? Santee Cooper’s June 22 board meeting shows cracks in the much-publicized rate freeze for customers. Will Santee Cooper’s financial health break…

At Santee Cooper the Past is Prologue

Tradition serves us well when it guides and enriches us. Tradition is a liability when it holds us captive to a past that can’t serve our current and future needs. Pretty much sums up Santee Cooper – a company with a rich South Carolina…

The Buck Stops … Somewhere

“The Buck Stops Here,” was a sign on Harry Truman’s desk and spoke volumes about his sense of leadership. Our nation just marked the 75th anniversary of Truman taking the oath of office. Want a decision? Harry made decisions, took action.…