Tag Archive: lower electricity

REPORT: Cooperation & Competition – The Case for an Energy Imbalance Market in South Carolina

Energy
Blog · April 28, 2025

South Carolina’s electricity market is at a crossroads. Composed of utilities operating under a vertically integrated model with limited competition, the state faces growing pressure to reduce costs, find new generation, and ensure long-term grid reliability. While efforts like the Southeast Energy Exchange Market (SEEM) have introduced modest reforms among a subset of utilities in

Bring Georgia’s Best Electricity Market Innovation to South Carolina

Energy
Blog · March 27, 2025

Energy policy has long been a balancing act between market competition and regulatory oversight. Traditionally, South Carolina’s electricity market has been dominated by vertically integrated, monopoly utilities that control all three aspects of the power system—generation, transmission, and distribution. So, the Palmetto State has leaned toward regulation. But a relatively simple and proven reform is

Commentary: Free market solutions for SC’s energy future

Energy
Blog · March 27, 2025

This op-ed by Dr. Oran Smith was originally published in the SC Daily Gazette. It is no secret that South Carolina has become a magnet for business, industry, and people. Since 2007, our population has grown by over one million, and the U-Hauls keep coming. The in-migration boom includes manufacturing and high-tech industries as well. This generational change

A Free Market Solution for South Carolina’s Energy Future

Energy
Blog · March 3, 2025

South Carolina is at a turning point. With one of the fastest-growing populations in the country and a booming economy, the demand for reliable, affordable energy has never been higher. Yet, our outdated energy system—dominated by utility monopolies—is struggling to keep up. Without modernization, we risk not only higher costs but also potential energy shortages

New Session, New Hope for Energy Reform

Energy
Blog · January 22, 2025

With the launch of a brand new 2025-26 legislative session, all bills that did not pass in 2023-24 were officially pronounced dead. Unfortunately, energy generation expansion and reform were among the key areas that saw no movement in the last General Assembly. But a conversation between Senate and House had begun. That’s progress. So, what

A Roadmap for Energy Reform

Energy
Blog · September 24, 2024

South Carolina is facing an energy crisis.   In 2016, the average energy bill was higher for South Carolinians than for energy customers in any other state. We are still in the top five both nationally and in the Southeast. And it looks like power giant Santee Cooper is set to raise rates even higher.  On

NEW REPORT: Small Modular Reactors – an Answer to South Carolina’s Energy Crisis?

Energy
Blog · July 15, 2024

We are excited to share our latest energy report, which looks at the possibility of Small Modular Reactors (SMRs) as a solution to what is undoubtedly an energy crisis in South Carolina. DOWNLOAD THE FULL REPORT. What is the current state of energy in South Carolina? South Carolina’s energy status is characterized by outrageous costs

Palmetto Promise Institute and Conservative Energy Network Release “Spectrum of Reform” Electricity Price Study

Energy
News · August 3, 2022

A new study released today by Palmetto Promise Institute (PPI) and The Conservative Energy Network (CEN) titled "Assessing the Spectrum of Reform: How Collaboration & Competition in South Carolina Could Help Lower Some of America's Highest Electricity Bills" examines how electricity competition could save Palmetto State residents money.