Thursday, the South Carolina Senate made significant progress on the Santee Cooper issue. A Joint Resolution, H.4287, passed by a vote of 42-1. It now goes back to the South Carolina House of Representatives.
Why do key business and government leaders believe a sale of Santee Cooper is in the best interest of consumers?
PPI’s priorities got a boost this week when key players made it clear that the time for action has come. Kudos to them.
My thanks to state Rep. Russell Fry for standing with Santee Cooper customers. Rep. Fry serves on the special legislative committee that’s considering offers to buy state-owned Santee Cooper, offers that would pay off the enormous debt and ensure lower rates than Santee Cooper’s. Rep. Fry cast a crucial vote on the committee to pursue
Multiple purchase proposals both eliminate nuclear debt and cut electricity rates.
This article was originally published in The State and was written by PPI’s Dr. Oran Smith. State-owned utility Santee Cooper has a long, rich history. It was Santee Cooper that literally sent light into darkness, bringing power to our rural communities at a time when no other utility would take the risk. Unfortunately, the more
This op-ed from Dr. Oran P. Smith ran in The State on January 16, 2019.
PPI's research on the consumer costs associated with Santee Cooper's debt is mentioned in the Coastal Observer.
During those mad, mad days at the end of December, known as the Christmas holiday news hole, a number of bombshells dropped. Here are two that you will want to know about. Progress on the sale of Santee Cooper. Avery Wilks of The State reports that on the day before the state Public Service Commission
Palmetto Promise has spoken out strongly on what should happen to Santee Cooper, the state-owned partner in the V.C. Summer nuclear debacle. We correctly predicted future rates and provided a hard figure on what Santee Cooper customers will be paying per day over the 38 years it will take to pay off the nearly $15 billion in principal and interest owed.
