Policy Solutions
Santee Cooper customers are vulnerable too
This article was originally published by the Post and Courier on July 1, 2018. Much of the public debate about how to resolve the debacle surrounding the abandonment of two incomplete nuclear reactors in Fairfield County has centered on SCANA and the thousands of South Carolina residents who get their electricity from its subsidiary, SCE&G.
Rate relief finally passes in S.C. Legislature
This article was originally published by the Post and Courier on June 28, 2018. Imagine taking $324, stacking it into a pile and lighting it on fire. That’s effectively what the average South Carolina family that buys electricity from SCE&G has been forced to do in the year since two nuclear reactors were abandoned in
Santee Cooper vs. SCANA – Which ratepayers will pay more?
New economic analysis from Palmetto Promise Institute provides first insight into costs Santee Cooper ratepayers must pay versus SCE&G customers While much of the failed V.C. Summer nuclear debacle’s attention has been focused on SCE&G parent company SCANA and its customers, a newly released economic analysis from the Palmetto Promise Institute finds it is Santee
Can you ace the Santee Cooper Quiz?
When the SCANA/Santee Cooper project to expand the V.C. Summer nuclear station whimpered to an end last summer, it left a $9 billion hole in the ground. But there’s a larger crater. That’s the huge gap in knowledge among Palmetto State citizens about Santee Cooper. To fill this knowledge gap, Palmetto Promise Institute developed “The
Even if you rely on Duke Energy for power, Santee-Cooper’s fate will affect you
This article was originally published by the Greenville News on May 27, 2018. A recent economic analysis released by Palmetto Promise Institute revealed that future utility bills from Santee Cooper – South Carolina’s state-owned utility – must increase anywhere from $166.99 to upwards of $751.03 a year per residential customer for the next 38 years. This
NextEra — utility eyeing Santee Cooper — still ‘on the hunt’ after buying Florida power company
This article was originally published by The Post and Courier on May 21, 2018. The acquisition-hungry utility giant NextEra Energy, which has been eyeing Santee Cooper for months, says it’s still “on the hunt” for a power company after buying one in Florida. NextEra said Monday that it has agreed to purchase Gulf Power, an electric company on
Santee Cooper Rate Increase Projections: 2018 Update
This is a companion publication to Santee Cooper’s Uncertain Future. by Katie Player, PhD & M.T. Maloney, PhD Executive Summary Eight months ago, on July 31, 2017, Santee Cooper and SCE&G announced they would abandon work on the V.C. Summer nuclear project. Since then, South Carolina leadership has been grappling with the best path forward
Santee Cooper costs will only rise
This article was originally published by The State on May 8, 2018. At first glance, Santee Cooper customers seem to be getting a better deal than SCANA customers. However, unlike state-owned Santee Cooper, SCANA has shareholders who can absorb some of the losses from the failed nuclear construction project; Santee Cooper has only debt-holders and customers.
Why Santee Cooper’s customers pay a way lower nuclear surcharge than SCE&G’s
This article was written by Cindi Scoppe and originally published by The State on April 17, 2018. Depending on who you believe, customers of the state-owned utility could see their rates go up by 7 percent or 14 percent to pay for the abandoned nuclear reactors at the V.C. Summer site near Winnsboro. The Palmetto Promise Institute,