Did you miss the big tax and energy news?

Energy
January 4, 2019

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

Winners and losers in the SCANA-Dominion deal

Energy
December 13, 2018

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.

The Big Short and the Little Guy

Energy
November 2, 2018

On Thursday of this week, the South Carolina Public Service Commission (PSC), the state agency charged with setting rates and generally serving as a tribunal for utilities in South Carolina, held its first hearing on both the Dominion deal and future nuke rates. The PSC is considering whether Dominion Energy, a Virginia-based company, should be

Ratepayers furious at SCE&G: “an electric bill almost as much as your mortgage”

Energy
September 26, 2018

The mood in the room was tense but orderly as SCE&G ratepayers from around Columbia waited their turn to testify before the South Carolina Public Service Commission (PSC), the body legally charged with regulating South Carolina’s monopoly investor-owned utilities. Recurring calls for justice, accountability and energy competition emerged as seniors, business owners and activists testified