Letter: Potential sale of Santee Cooper

Energy
News · March 5, 2019

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

The myths about selling Santee Cooper

Energy
News · January 16, 2019

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

Did you miss the big tax and energy news?

Energy
Blog · January 4, 2019

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

Winners and losers in the SCANA-Dominion deal

Energy
Blog · December 13, 2018

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.