This week House and Senate Committees will try to make recommendations to their respective bodies as to how to move forward with Santee Cooper—sell it or reform it. During all the testimonies and deliberations on the issue, some have attempted to muddy the waters about NextEra’s proposal to purchase the state-owned utility. Essentially, NextEra’s offer […]
NextEra’s Bid for Santee Cooper is Not BLRA Reincarnated Read More »
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
Opinion: SC needs to reform Santee Cooper while we negotiate better NextEra sale Read More »
You’ve been reading about how others (including the SC Small Business Chamber of Commerce) feel about what to do with Santee Cooper, the state’s public utility. Now your input is being sought. The House Santee Cooper Ad Hoc Committee will be holding a public hearing. Monday, March 2nd, at 1PM Room 521 Blatt Building 1105
Legislature Asking for Your Voice on Santee Cooper Read More »
Florence Morning News February 21, 2020 BY FRANK KNAPP JR. Guest Columnist Almost one year ago in an opinion piece in this newspaper, I argued for the SC legislature to make a relatively quick decision on the future of Santee Cooper, the state’s public utility serving about 2 million customers either directly or through electric
GUEST COLUMN: Best decision on Santee Cooper’s future is clear Read More »
Lexington County Chronicle February 20, 2020 Santee Cooper plan a deal killer Buyer wants added $2.3B consumer debt By Jerry Bellune The winning bidder to buy Santee Cooper wants $2.3 billion for new plants. NextEra Energy wants member owners of Mid-Carolina Electric in Lexington County and 19 other cooperatives to pay for the new power
Santee Cooper plan a deal killer Read More »
Times & Democrat, February 17, 2020 Moultrie News, February 18, 2020 By Frank Knapp Jr. South Carolina legislators officially now have two paths forward with three options for how to address the $3.6 billion of debt owed by Santee Cooper and electric cooperative ratepayers for the nuclear project debacle in Fairfield County. The first path
Letter: Santee Cooper Sale is Best Read More »
The State February 16, 2020 By Frank Knapp Jr. Now that the SC Department of Administration has issued its report regarding Santee Cooper, all eyes are on the Legislature. Will it take Option #1: allow Santee Cooper to try reforming itself and stay a state utility? Will it take Option 2: keep Santee Cooper a
February 17, 2020 Update on Proposals for the Future of Santee Cooper On February 10th the SC Department of Administration (DOA) released its report to the legislature, which had given the DOA the task of receiving proposals to purchase or manage the state’s public utility Santee Cooper. The utility was also given the opportunity to
Update on Proposals for the Future of Santee Cooper Read More »
PRESS RELEASE Date:      February 11, 2020 From:     South Carolina Small Business Chamber of Commerce Subject:  BREAKING NEWS: Small Businesses Support Sale of Santee Cooper to NextEra Contact:  Frank Knapp, President/CEO, 803-252-5733 (w), 803-600-6874 (c), fknapp@scsbc.org BREAKING NEWS: Small Businesses Support Sale of Santee Cooper to NextEra Video Columbia, SC—Today the South Carolina Department of Administration
Small Businesses Support Sale of Santee Cooper to NextEra Read More »
Lexington County Chronicle October 17, 2019 By Frank Knapp Jr. Special to the Chronicle Santee Cooper hopes a proposed reform plan will convince the legislature that it deserves another chance. That’s despite its poor management of a failed nuclear project that sunk it $4 billion into debt. Essentially, the plan proposes to freeze electric rates
Opinion: Can Santee Cooper make its plan work? Read More »
