Santee Cooper

Patrick Gentry
February 05, 2019 - 12:14 pm
Four of the 15 offers made to buy South Carolina's state-owned utility met all the criteria set by the consultant lawmakers hired to review the bids. The report from consultant ICF says three would pay off Santee Cooper's $8 billion of debt, much of it coming from two failed nuclear reactors. The...
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Patrick Gentry
January 31, 2019 - 12:35 pm
A state-owned electric utility in South Carolina has offered directors all expenses-paid weekends at its Wampee Conference Center for decades, with trip costs totaling about $25,000 annually in recent years. The Post and Courier reports Santee Cooper directors voted Monday to suspend the practice...
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Patrick Gentry
December 28, 2018 - 4:50 pm
South Carolina's state-owned utility is suing its partner in a failed nuclear project, saying the privately owned South Carolina Electric & Gas committed fraud and misconduct that caused billions of dollars to be wasted on the unfinished reactors. The lawsuit, filed this week, is the harshest...
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South Carolina Radio Network
August 08, 2018 - 7:40 am
AUGUST 7, 2018 BY SOUTH CAROLINA RADIO NETWORK South Carolina senators are suing to block Gov. Henry McMaster’s appointment to lead state-owned utility Santee Cooper’s board. The governor tapped former state attorney general Charlie Condon as chairman of the utility’s board last month after...
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Patrick Gentry
June 25, 2018 - 4:17 pm
State-owned utility Santee Cooper is asking the South Carolina Supreme Court to resolve a dispute with electric cooperatives. Santee Cooper asked the Supreme Court on Monday to determine whether the electric cooperatives must pay their share for a failed nuclear project. SCE&G and Santee Cooper...
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March 22, 2018 - 3:49 pm
A new thinktank report estimates state-owned power utility Santee Cooper’s electric rates will go up significantly as a consequence of a failed nuclear project. While the utility has kept rates the same since the V.C. Summer expansion project was shut down last year, the report from the...
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February 23, 2018 - 3:23 pm
Some electric customers in South Carolina pay the highest bills in the nation.
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Patrick Gentry
February 09, 2018 - 4:38 pm
Following a failed nuclear reactor construction project, South Carolina's electric cooperatives want lawmakers to consider selling the state-owned utility Santee Cooper. Media reported the Electric Cooperatives of South Carolina told lawmakers Thursday they should test the market to determine if...
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Patrick Gentry
December 12, 2017 - 3:44 pm
The chairman of state-owned power utility Santee Cooper says he will not step down from his position unless the governor takes back accusations against him.
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December 12, 2017 - 11:35 am
The chairman of state-owned power utility Santee Cooper says he will not step down from his position unless the governor takes back accusations against him.
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