Sell Santee Cooper

Proposed Santee Cooper rate increases dividing community

WPDE-TV April 9, 2019 by Nicholas Papantonis Watch video MYRTLE BEACH, S.C. (WPDE) — From day one, it’s been a nuclear nightmare for South Carolina leaders. A failed nuclear plant project has placed the state-owned utility billions of dollars in debt, which has led politicians to warn constituents about rate hikes. As the increases– totaling […]

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Residents voice concerns over future of Santee Cooper at Myrtle Beach town hall

WMFF-TV April 8, 2019 By Aaron Ladd Watch video MYRTLE BEACH, SC (WMBF) – Standing room only for a town hall meeting Monday at a Myrtle Beach area library to discuss the future of one of South Carolina’s largest energy suppliers. Monday’s discussion at Chapin Memorial Library in Myrtle Beach was just one of a

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Opinion: What are the true facts about Santee Cooper?

Lexington County Chronicle April 11, 2019 By Frank Knapp, Jr., Special to the Chronicle Santee Cooper and its supporters are trying to stop the sale of the utility, which is about $8 billion in debt. The South Carolina Small Business Chamber of Commerce’s recent town hall in Charleston on the possible sale of Santee Cooper

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Town Hall On Selling Santee Cooper Monday in Myrtle Beach

The South Carolina Small Business Chamber of Commerce (SCSBCC) and four co-sponsors will be holding town halls across much of the state to engage the public on the possible sale of Santee Cooper, the state’s financially-troubled agency that provides electricity to much of the state.  The next town hall will be in Myrtle Beach on

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House GOP leader: Something must be decided on Santee Cooper or ‘catastrophe happens’

Post and Courier April 3, 2019 By Seanna Adcox COLUMBIA — Legislators maintain control of any potential sale of South Carolina’s only state-owned utility and would decide one way or another by year’s end under a bill the House approved Wednesday. “The problem we have now is Santee Cooper is paralyzed” due to uncertainty over the

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Debt-ridden Santee Cooper pays $1M for consultants

Lexington County Chronicle April 4, 2019 by Jerry Bellune We were wrong. We reported earlier that debt-ridden Santee Cooper has been paying an investment banker $150,000 a month for advice. Santee Cooper officials have admitted to senators that they have actually been paying $250,000 a month for at least 4 months to Centerview Partners for

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Six Town Halls On Selling Santee Cooper Start Tuesday. Charleston, Myrtle Beach, Orangeburg, Rock Hill, Sumter, Lexington

The South Carolina Small Business Chamber of Commerce (SCSBCC) and four co-sponsors will be holding town halls across much of the state to engage the public on the possible sale of Santee Cooper, the state’s financially-troubled agency that provides electricity to much of the state.  The first town hall will be Tuesday, April 2, form

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Town hall meeting on possible Santee Cooper sale being held in Myrtle Beach

MyHorryNews.com March 29, 2019 From staff reports The public is invited to share their thoughts at a town hall in Myrtle Beach on Santee Cooper possibly being sold. The meeting will be held from 5-6 p.m. on April 8 at Chapin Memorial Libary and is being hosted by the South Carolina Small Business Chamber of

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House wants to sell Santee Cooper. Co-ops say ‘sell’ to eliminate $8 billion debt, reduce rates

Lexington County Chronicle March 26, 2019 House lawmakers want to take charge of selling Santee Cooper. This runs counter to a Senate proposal to turn over sale negotiations to Gov. Henry McMaster. A joint resolution calls for Santee Cooper’s buyer to absorb all of its $8 billion debt and cut electric rates. Mike Couick, president

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