This article was originally published in the Associated Press on March 21, 2018. COLUMBIA, S.C. (AP) — The state-owned utility says rates will be going up after the failed nuclear project in South Carolina last year. Santee Cooper said Wednesday it expects rates to go up 7 percent because of the decision to abandon construction

This article was originally published in the Columbia Business Report on March 21, 2018. An economic analysis by a conservative S.C. think tank suggests that Santee Cooper residential utility bills could increase by anywhere from $167 to $750 annually until the state-owned utility’s V.C. summer-related debt is paid off in 2056. The study, commissioned by the Palmetto Promise Institute, projected

This article was originally published in the Index-Journal on March 21, 2018. It’s been called the largest financial disaster in South Carolina’s history. But just how devastating could things get for Santee Cooper customers if they’re left fully exposed to the utility’s multi-billion debt load borne out of the failed VC Summer nuclear generation project?

This article originally appeared in the The State on March 21, 2018. Santee Cooper said Wednesday that it expects its electric rates likely will rise 7 percent because of its failed nuclear project. A conservative think tank warned Tuesday that S.C. residents served by the state-owned utility could see their power bills soar almost 14

This article originally appeared in the Post & Courier on March 20, 2018. Santee Cooper’s electric rates will rise sharply as the bills for its failed nuclear project come due, more than doubling the monthly payments its customers make into the unfinished reactors. That’s the finding of a new study of Santee Cooper’s future rates

A Historical, Policy, and Financial Analysis of the South Carolina Public Service Authority This is the executive summary of a larger report. Download the full report here (49 pages). As the sheer magnitude of the V.C. Summer Units 2 and 3 nuclear abandonment, the largest financial disaster in South Carolina history, comes more into focus,

On Tuesday, March 20, Palmetto Promise Institute will present its analysis of the current state and future prospects for Santee Cooper, the state-owned utility known officially as The South Carolina Public Service Authority. Palmetto Promise scholars and a specially-empaneled team of research economists will present its report “Santee Cooper’s Uncertain Future: A Historical, Policy and

Most of the population of The Peach State has multiple choices for both natural gas and electricity. So why don't South Carolina residents also have multiple choices for power?

Will South Carolina leaders learn the lessons of the V.C. Summer nuclear debacle? Or will South Carolina taxpayers continue to foot the bill for "business as usual" in Columbia?

"It does not make either economic or political sense to continue with a regime that in the long term would benefit virtually no one.” That 22-year old prediction about Santee Cooper rings all too true as ratepayers pony up for the V.C. Summer nuclear debacle.