PPI on SC Public Radio discussing energy competition
South Carolina Public Radio Afternoon Headlines: November 28 and 29, 2018. Featuring PPI Senior Fellow Oran Smith and state Sen. Tom Davis (R-Beaufort).
South Carolina Public Radio Afternoon Headlines: November 28 and 29, 2018. Featuring PPI Senior Fellow Oran Smith and state Sen. Tom Davis (R-Beaufort).
This article was originally published on WTLX19 on March 21, 2018. Santee Cooper says they don’t plan on raising rates until 2020 to help pay for nuclear costs created by the failed reactor project at VC Summer. Santee Cooper’s customers will not see increased electric rates until 2020. Recently there’s been reports that the state-owned
This article was originally published by Energy Consumer of the Carolinas on August 7, 2018. I recently took the “Can You Ace the Santee Cooper Quiz?” Will you please take it too? I cried. No, I was not worried about my personal performance or grade. And although the sound was the same, I was not reminded of
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.
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
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
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
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.
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,
This article was written by Patrick Gleason and originally published by Forbes on April 14, 2018. In a debacle that Governing Magazine refers to as “one of the greatest wastes of money in any state’s history,” South Carolina lawmakers are scrambling to address a situation in which Santee Cooper, an 80 year old state-owned utility, and South