July 31, 2017. That was the infamous day that investor-owned SCANA and state-owned Santee Cooper announced that they would abandon Units 2 and 3 of the VC Summer nuclear project in Fairfield County.
Since then, the Columbia and Charleston-area media have fixated on Cayce-based SCANA/SCE&G, leaving Palmetto Promise Institute and others to research the impact on Santee Cooper, its customers and the taxpayers of the Palmetto State.
Here is our collection of research to date:
The Uncertain Future of Santee Cooper (March 20, 2018) was our original comprehensive study of not only the politics & history of Santee Cooper but of future electric rates that must be charged to cover the VC Summer debacle.
Santee Cooper Rate Increase Projections (May 10, 2018) uses newer data from Santee Cooper reports to provide a more up to date estimate of future rates.
Statement Shock: A Santee Cooper Utility Bill (May 10, 2018) shows in a one-page utility billing statement format the comprehensive picture of the financial situation at Santee Cooper and what that means to the individual customer.
Santee Cooper vs. SCANA/SCE&G: Which Ratepayers are Worse Off? (to be released June 4, 2018). We expect this third leg of the research stool to be ready on Monday, June 4. This will be the first attempt to determine which set of ratepayers has more to dread from VC Summer fallout.
Santee Cooper by the Numbers. Here are all the numbers related to Santee Cooper and VC Summer with rate increase scenarios in a one-page format.
Santee Cooper Report Card. This one-pager provides details from Santee Cooper financial reports as compiled by our economists.
Greenville News: Upstate legislators speak out. Senator Ross Turner and Rep. Jason Elliott explain why Santee Cooper isn’t just a Lowcountry problem.
Please visit this page regularly for more resources coming this Summer and Fall.