The Lancaster News November 18, 2020 By Frank Knapp Earlier this year the state legislature gave Santee Cooper a chance to live up to its promise to reform, and lawmakers put off a decision on selling the utility to an investor-owned utility. Legislators have now seen what Santee Cooper’s board and management have done with […]
Guest Column: Santee Cooper again reveals it has no intention to reform Read More »
Blog by Frank Knapp Jr., President & CEO November 16, 2020 Senators finally getting the message about the “Santee Cooper Titanic” Earlier this year the state legislature gave Santee Cooper a chance to live up to its promise to reform and put off a decision on selling the utility to an investor-owned utility. South Carolina
Santee Cooper Again Reveals Its Intention NOT to Reform Read More »
FITSNews November 13, 2020 “Reform plan” dealt yet another crucial blow… By FITSNews One by one, the assumptions associated with Santee Cooper’s “reform plan” have fallen by the wayside – leaving South Carolina’s scandal-scarred, debt-addled utility with no viable pathway forward in its bid to stave off being offloaded to the private sector. Meanwhile, state legislative
Santee Cooper’s Solar Partnership Falls Through Read More »
FITSNews October 30, 2020 On the heels of our exclusive reporting this week regarding the latest extra-legal borrowing bonanza undertaken by South Carolina’s abysmally managed, debt-addled, government-run power provider Santee Cooper, leaders of the Palmetto State have stepped in and delivered a stern rebuke of this “rogue agency.” And this time, it appears as though there
The Summerville Journal Scene October 28, 2020 Pointing the finger directly at Santee Cooper about its bad business decisions, the President and CEO of the South Carolina Small Business Chamber of Commerce, went to Goose Creek to deliver a message to help stop Century Aluminum from shutting down in Berkeley County. One day after the
Small business advocate pitches message to help Century Aluminum Read More »
Energy Consumers of the Carolinas’ October 13, 2020 From Scott Carlberg An asset should have a positive benefit to the owner. Not always the case, obviously. The unhappy example is Santee Cooper – it bet the future of the company and the finances of its stakeholders and failed. Deeply failed. Santee Cooper failed itself and
Is Santee Cooper an Asset? Read More »
By Scott Carlberg, Executive Director 0f Energy Consumers of the Carolinas South Carolina just swore-in four new members for its Public Service Commission, the group that oversees the utility industry in the state. With this change there are no commissioners left who were part of the VC Summer project problem. For all purposes, it is
Opinion: Let’s Put the SC PSC to Work Read More »
Today the South Carolina Small Business Chamber of Commerce (SCSBCC) and the Gullah Geechee Chamber of Commerce released a new document, “No Longer an Asset: How Santee Cooper Is FAILING South Carolina”. “The document provides a footnoted record of the many problems that have led our organizations and others to conclude
Santee Cooper: No Longer an Asset Read More »
“Why should the ratepayers pay billions of debt for a nuclear project that is never going to be built and the management of Santee Cooper and the Board are responsible for that?” Frank Knapp, South Carolina Small Business Chamber. WIS-TV September 30, 2020 Watch Video By Jason Raven | September 30, 2020 COLUMBIA, S.C. (WIS)
Lawmakers set to decide Santee Cooper’s future in 2021 Read More »
The Berkeley Independent The Summerville Journal Scene September 30, 2020 By Frank Knapp Jr. Just over two years ago South Carolina Governor Henry McMaster called Santee Cooper a “rogue agency”. The issues were accountability and transparency. Santee Cooper, a state agency, was refusing to provide information to the Governor. “This is a pattern of Santee
Opinion: Santee Cooper’s strategy to obstruct, delay Read More »
