Santee Cooper customers are vulnerable too

Energy
News · July 1, 2018

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.

Santee Cooper vs. SCANA – Which ratepayers will pay more?

Energy
Report · June 27, 2018

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?

Energy
Blog · June 1, 2018

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

Energy
News · May 27, 2018

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

Energy
News · May 21, 2018

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 costs will only rise

Energy
News · May 8, 2018

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

Energy
News · April 17, 2018

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,