Town Halls Announced to Discuss Sale of Santee Cooper. Start in Charleston April 2nd

Town Halls Announced to Discuss Sale of Santee Cooper. Start in Charleston April 2nd

 PRESS RELEASE

Date:       March 20, 2019
From:      South Carolina Small Business Chamber of Commerce
Subject:   Town Halls Announced to Discuss Sale Santee Cooper
Contact:   Frank Knapp, President/CEO, 803-252-5733, 803-600-6874 (c),
fknapp@scsbc.org

Town Halls Announced to Discuss Sale of Santee Cooper
Start in Charleston April 2nd

(Columbia, SC) The South Carolina Small Business Chamber of Commerce (SCSBCC) today announced that it was holding 6 Town Halls across the state to engage the public on the issue of selling Santee Cooper.  The SCSBCC has four co-sponsors for the Town Halls.

“Santee Cooper’s future is one of the biggest financial issues that our state legislature has ever faced,” said Frank Knapp Jr., president/CEO of the SCSBCC.  “The public needs to be informed about the issue.  The approximately $4 billion of construction debt the state utility owes due to the abandoned nuclear construction project must not be passed onto the ratepayers directly or through our electric cooperatives.”

The State has received 4 proposals for buying Santee Cooper’s assets with several proposing to take the utility’s approximately $9 total debt from customers and begin lowering rates.  The state legislature has two committees looking at options for addressing the financial debacle.

“Totally eliminating the $4 billion nuclear debt and over $4 billion of other bond debt on the utility’s ratepayers and transitioning the utility to renewable, less carbon-polluting generation is the goal that we believe can only be achieved by selling Santee Cooper.”

Town Halls and co-sponsors:

Charleston
April 2, 5-6PM
Charleston County Library, 68 Calhoun St., Charleston, SC  843-805-6930
Co-sponsor:  SC Coastal Conservation League

Myrtle Beach
April 8, 5-6PM
Chapin Library, 400 14th Ave N., Myrtle Beach, SC  843-918-1275
Co-sponsor: The Horry Independent

Orangeburg
April 15, 5-6:30 PM
Orangeburg County Library, 510 Louis St., Orangeburg, SC  803-531-4636
Co-sponsor: Palmetto Promise Institute

Rock Hill
April 23, 5-6PM
York County Library, 138 East Black St., Rock Hill, SC  803-981-5858
Co-sponsor: Palmetto Promise Institute

Sumter
April 29, 5-6:30PM
Sumter County Library, 111 N Harvin St. Sumter, SC  803-773-7273
Co-sponsor: Palmetto Promise Institute

Lexington
May 1, 5:30-7PM
Lexington County Library, 5440 Augusta Rd., Lexington, SC  803-785-2600
Co-sponsor: The Lexington County Chronicle

*All Town Halls are open to the public.  The Town Halls are not library sponsored events.

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The South Carolina Small Business Chamber of Commerce is a statewide advocacy organization founded in 2000.  With over 10,000 small business and entrepreneur supporters, it has successfully worked to make South Carolina more small business friendly in areas such as healthcare, taxation, regulation, worker training, energy/conservation, workers’ compensation and economic development.