A nationally-leading firm Synapse Energy Economics recently conducted a study on Santee Cooper’s options for generating power in the future, with the goal of determining which path would be cheapest for customers. Conclusion: the cheapest plan is to shut down Santee Cooper’s expensive coal plants starting as soon as possible, ramp up energy efficiency programs, and deploy large amounts of solar power and storage in South Carolina. Economics are driving similar plans at utilities across the nation.
Read the two-page summary here.
Read the full report here.