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

Gas prices fell to an average of $1.86 per gallon last week in South Carolina according to AAA, providing us with a little extra cash in our pockets. That’s great news indeed…but we had better not get used to it. The Environmental Protection Agency (EPA) is in the process of implementing three rules that a new study by the Beacon Hill Institute at Suffolk University and Palmetto Promise Institute says will substantially drive up the cost of energy in South Carolina.