Santee Cooper issue discussed on podcast today
Jonathan Rush interviews SC Small Business Chamber president/CEO Frank Knapp on his “Rash Radio Podcast”. Click here to listen.
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ACTION ALERT!! Demand an Open Debate by the Legislators on the Future of Santee Cooper. Email them before Noon Tuesday
May 11, 2020 SC legislators reconvene Tuesday this week. They will decide what issues the legislature can address before January’s session. They must allow an open debate on the future of Santee Cooper. Santee Cooper has proven time and again that it has no interest in reforming. In a recent blog, I explored information that
Opinion: SC lawmakers should not let stalling tactics prevent a sale of Santee Cooper
The State May 10, 2020 By Frank Knapp Jr. Scientists have confirmed that sunlight is a highly effective sanitizer to kill COVID-19. Sunlight is also important in politics. On Tuesday the SC General Assembly will come back into session to address next year’s state budget — and to decide what other legislative matters can be
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Santee Cooper in financial crisis, as expected
Santee Cooper’s revenue was down in April…WAY DOWN! According to the public utility, demand for its energy is off 8% overall. That includes a 5% drop in industrial use and up to a 15% drop in demand from commercial customers. According to the Charleston Post and Courier, Santee Cooper’s CEO Mark Bonsall told his Board
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Editorial: Santee Cooper trips on its own lies
Lexington County Chronicle April 16, 2020 Friends, we can’t make this stuff up. Santee Cooper executives, like those at SC Electric & Gas, have lied all along. Last week state lawmakers caught them red-handed. Santee Cooper has been trying to get lawmakers to ditch plans to sell or contract management of the
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Opinion: Virus adds to burden for Santee Cooper
Lexington County Chronicle April 16, 2020 By Frank Knapp Jr., Special to the Chronicle The virus has delayed lawmakers’ plan to decide what to do about Santee Cooper’s future. The state has already spent more than $15 million for expert advice. Most lawmakers want a decision made this year. The pandemic
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Santee Cooper accused of lying
Lexington County Chronicle April 16, 2020 By Jerry Bellune SC Lawmakers believe Santee Cooper executives lied to them to prevent them selling the utility. At stake are their high-paying jobs and health and retirement benefits. Last week they lied to lawmakers about their relations with Central Electric Power Cooperative which buys
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A Pandemic Means Santee Cooper’s Debt is Even More Dangerous
Energy Consumers of the Carolinas April 15, 2020 By Scott Carlberg, Executive Director Coronavirus May Light Fuse on ‘Unexploded Bomb’ of Corporate Debt said the New York Times. Santee Cooper is loaded with debt in uncharted territory in a new sort of recession. The virus may sweep through in a wave but will likely shake
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Listen to Small Business Chamber Exec Discuss Santee Cooper and PPP Loans n WRNN in Myrtle Beach
The SC Small Business Chamber’s president/CEO, Frank Knapp, was interviewed April 9th on WRNN by hosts Dave Priest and Leanne Graham. The Myrtle Beach morning show 17-minute interview covered the topics of PPP stimulus loans for small businesses and Santee Cooper. Listen concerning PPP loans: Listen concerning Santee Cooper:
“Meet the new boss. Same as the old boss.”
Blog by Frank Knapp Jr., president and CEO of the South Carolina Small Business Chamber of Commerce April 9, 2020 “It is evident that Santee Cooper suffers from a broken corporate culture that is deeply ingrained in your leadership. It is a shame that the leaders of what was once one of this state’s greatest
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