Posts

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A Giant Pothole of Debt

About a million dollars a day is being added to Santee Cooper's debt for the unfinished nuclear facility in South Carolina as well as its utility operations. Money owed by the customers of Santee Cooper. That money goes to pay the costs…
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SC Debt: A Million Dollar Decision. Time’s Up.

A story in The State says, “The 177,000 customers that Santee Cooper directly serves now are paying about $5.35 a month, on average, for the failed [V.C. Summer] nuclear project. Barring a sale or another major change, that eventually…
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Debt, Sale of Santee Cooper Are Energy Priorities

The list of electric energy decisions in South Carolina is reduced by one. On January 2, 2019, the merger between SCANA and Dominion is done. Southeast Energy Group is the new name for the company that was South Carolina Electric and Gas. Next,…

Energy 2018: Consumer Control Gains Strength

Consumers have more influence in the electric industry every day. They choose what to buy and use. Energy innovators will pay attention. Early in 2018 ECC noted that the electric industry is changing and consumer knowledge will support…
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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 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,…
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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…
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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…
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SC Public Service Commission Starts SCE&G Hearings

When South Carolina Public Service Commissioner Comer Randall called to order the PSC today, November 1, he started a process expected to play out over much of this month. The topic is about the financing of the canceled VC Summer nuclear…
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In the Dark: A Poll of South Carolina’s Pulse on Electricity Payments

Last week, South Carolina’s Club for Growth released a survey conducted by Cloud Research out of Dublin, Ohio entitled “Survey of South Carolina Electricity Ratepayers.” It could have been called “In the Dark.” With the state…