Multiple purchase proposals both eliminate nuclear debt and cut electricity rates.
This op-ed from Dr. Oran P. Smith ran in The State on January 16, 2019.
PPI's research on the consumer costs associated with Santee Cooper's debt is mentioned in the Coastal Observer.
During those mad, mad days at the end of December, known as the Christmas holiday news hole, a number of bombshells dropped. Here are two that you will want to know about. Progress on the sale of Santee Cooper. Avery Wilks of The State reports that on the day before the state Public Service Commission
Palmetto Promise has spoken out strongly on what should happen to Santee Cooper, the state-owned partner in the V.C. Summer nuclear debacle. We correctly predicted future rates and provided a hard figure on what Santee Cooper customers will be paying per day over the 38 years it will take to pay off the nearly $15 billion in principal and interest owed.
Since 1969, when state lawmakers passed the Territorial Assignment Act, energy providers in South Carolina have enjoyed monopoly market power over the defined geographical areas in which they operate.
South Carolina Public Radio Afternoon Headlines: November 28 and 29, 2018. Featuring PPI Senior Fellow Oran Smith and state Sen. Tom Davis (R-Beaufort).
Here’s a principled, practical and proven plan to make that happen.
Electricity Choice will lower power bills in South Carolina. Here’s a principled, practical and proven plan to make that happen.
It finally hit me this week. Santee Cooper is a 1970 Pontiac Firebird Trans Am. Very cool then, but just not practical now. At 12.8 miles per gallon, a new driver wouldn’t do the Firebird much good. Likewise, Santee Cooper, with debts right at $15 billion including interest, needs a total makeover, not just new