Posts

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With Santee Cooper, Who Has Skin in the Game?

The SC Senate has thought about retaining state ownership of Santee Cooper but changing where it reports in the state. Changing an organizational structure does not change accountability. Office of Regulatory Staff oversight only adds another…

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…

Clarity in Power Utility Communications is Important

Companies that communicate well often do well, too. Ample and clear communications show an attention to detail, that the company understands what stakeholders need to know, and the company is happy to get all its story out. We have seen…
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Santee Cooper - Till Debt Do Us Part

When you dig yourself into a deep hole, stop digging. ECC has said that before about Santee Cooper, its debt, the negative news, the ongoing odd decisions. It’s customer money out the door, and money that will have to go out the door…
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"A Billion Here, A Billion There..."

“A billion here, a billion there, and pretty soon you're talking about real money.” That comment is from more than a half a century ago, attributed to a US Senator* when he was talking about rampant spending. Billions are real…

Quick Take - The First Gulf Storm of the Summer 2019

Barry is the name of the first tropical or hurricane threat to the Southeast. “The hurricane center still expects Barry to strengthen and become a minimal hurricane before making landfall on Saturday in central Louisiana. And it is projected…
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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…