Post and Courier
March 2, 2020
Opinion: SC needs to reform Santee Cooper while we negotiate better NextEra sale
By Jay Lucas, Speaker of the SC House
…First, and foremost, the House will ask the Senate to join in legislatively authorizing the sale of Santee Cooper to a private-sector, investor-owned utility. Allowing the private market to generate energy opens the door for innovation, including solar and other renewables, and works to lower the cost of generation, protecting ratepayers.
NextEra Energy currently has the only sale bid available for consideration. NextEra has a strong track record of managing the utilities it acquires, and its consistent presence throughout this and previous discussions involving the sale of Santee Cooper has demonstrated its strong desire to become a corporate citizen of South Carolina….