Posts

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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…

Nuclear Energy and the Future

Nuclear power should be part of our carbon-free energy future. Construction problems and delays should not define nuclear energy’s science or its potential to meet important climate challenges. Existing nuclear plants are a low-cost…
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Santee Cooper – Whose Debt Is It, Anyway?

Question: When it comes to Santee Cooper, whose debt is it, anyway? Answer: The debt belongs to Santee Cooper, to the customers. The debt was incurred by the decision of Santee Cooper. Check this. From the South Carolina Code about…

Make a List, Check It...

Can just anyone possibly buy Santee Cooper? No. The South Carolina government created a list of criteria for a buyer. There are prospective buyers that meet the criteria originally laid out by the SC Legislature for a potential sale. …
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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…
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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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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…
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Could Santee Cooper Debt Climb $300,000,000 More?

A million dollars a day is being added to Santee Cooper’s debt for the unfinished nuclear facility and its utility operations. ECC wrote about that just a few weeks ago. Here’s a twist on that: Some news reports say the South Carolina…
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Speaking Out For Our Energy Future

For a year Energy Consumers of the Carolinas [ECC] has provided consumer information. Now readers can see a definite viewpoint in some of our work. Our site now features some calls to action about important energy issues. It’s time.…