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With growing demand for carbon-free, around-the-clock energy, more and more utilities, politicians and developers are looking ...
South Carolina lawmakers are weighing whether to sell Santee Cooper, the 86-year-old state-owned power utility, to Florida-based NextEra, handing over control of its more than 1,600-person ...
South Carolina lawmakers now have three options for deciding the fate of Santee Cooper, the state-owned utility that racked up $4 billion in debt associated with a failed nuclear construction ...
COLUMBIA, SC The state of South Carolina has received four legitimate offers to buy all of Santee Cooper and pay off the state-owned utility’s $8 billion in debt, a consultant wrote in a report ...
While some legal proceedings across the country have been postponed due to the novel coronavirus outbreak, South Carolina-owned Santee Cooper is on track, so far, to get a court-approved global ...
Ratepayers, including the customers of the small cooperatives around South Carolina that buy power from Santee Cooper, would then pay off the debt and the interest. The state won't be on the hook ...
The South Carolina Small Business Chamber of Commerce estimated that nearly half (44%) of small businesses served by Santee Cooper would see their electric bills increase by at least 10%.
State-owned Santee Cooper and private South Carolina Electric & Gas used those rules passed 15 years ago to put ratepayers on the hook for billions of dollars spent on two new nuclear reactors ...
The Public Service Commission does not have to approve Santee Cooper’s rates as the commission does for investor owned utilities. AARP South Carolina did not object to the overall rate increase ...
Languages: English. Lake Marion's water levels have plunged by more than four feet over the past few days as Santee Cooper, South Carolina's water and power utility, rushes to make room for ...
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