Post Tagged with: "Santee Cooper"

TALLY SHEET:  House members pressing full steam ahead on utilities

TALLY SHEET:  House members pressing full steam ahead on utilities

Staff reports  |   The House Judiciary Committee will meet Tuesday to debate a packet of subcommittee-approved bills that seek to rein in electric utilities and overhaul utility regulations.

Committees generally don’t do a lot of heavy lifting between legislative sessions.  But after two utilities, SCE&G and Santee Cooper, pulled out of a $14 billion plan to expand a nuclear plant after spending $9 billion, lawmakers heard loud and clear from constituents that something needed to be done.

by · 11/17/2017 · News, Politics, Tally Sheet
TALLY SHEET: Utility, other bills prefiled in S.C. House

TALLY SHEET: Utility, other bills prefiled in S.C. House

Staff reports  |  House Speaker Jay Lucas today assigned six utility-related bills to the House Judiciary Committee after the bills were introduced during a pre-filing period.

The bills, part of the “Utility Ratepayer Protection Package,” follow the summer debacle of the V.C. Summer nuclear facility collapse, an incomplete project abandoned by two utility companies after $9 billion of spending.

One of the six bills includes this language, which refers to an act passed to help utilities pay for construction as it was being built:  “The Base Load Review Act was abused, material information was withheld from regulators, and regulators were intentionally misled, all of which contributed to the Public Service Commission approving rate increases that otherwise would not have been approved and which were inconsistent with the intent of the General Assembly and the law of South Carolina.”

by · 11/09/2017 · News, Tally Sheet
Abortion rights supporters protested outside the Statehouse this week to urge Gov. Nikki Haley to veto a ban on almost all abortions after 19 weeks.  She didn’t.  More below in this weeks’ news analysis.  (Photo provided.)

NEWS BRIEFS:  Abortion politics; Dissecting a meltdown; Pressure play

Gov. Henry McMaster on Friday morning issued an executive order halting any local or state funds that go toward the state’s three abortion providers. He is also seeking to exclude the clinics from the state’s Medicaid provider network. Also inside:
* The latest on the debacle over two nuclear plants.
* A councilman wants a House seat.

by · 08/25/2017 · News, News briefs
Construction at the Summer site.

NEWS BRIEFS: Nuclear fallout at Statehouse, a Q&A and impact of life sciences

In the wake of billions spent on nuclear reactors that will remain unfinished for the foreseeable future, South Carolina lawmakers this week established a bipartisan caucus, and others will reconvene for a special Senate committee meeting this month.

On Monday, Santee Cooper and South Carolina Electric & Gas (SCE&G) abandoned the over-budget V.C. Summer project that has already cost $9 billion. Some of that money was raised by SCE&G on the backs of ratepayers, enabled by a 2007 act by the General Assembly.

Also: Six Questions with Santee Cooper and the impact of the life sciences industry in S.C.

by · 08/03/2017 · News, News briefs
Construction at the Summer site.

NEWS: Will S.C.’s new reactors melt down like roads, pensions?

By Bill Davis, senior editor | There are several “nightmare scenarios” swirling around two incomplete and incredibly expensive nuclear reactors being built in the Midlands in Jenkinsville and what damage they could do to ratepayers’ wallets.

The ongoing work on the reactors, a joint effort of Santee Cooper and SCE&G, at the V.C. Sumner facility appears to be over budget and behind schedule, according to company documents.

But what’s more concerning to many is that the company building the reactors, Westinghouse, filed for Chapter 11 bankruptcy protection in the face of what may be billions of dollars of corporate losses. Westinghouse’s parent company, Japan’s Toshiba, has promised an unknown amount of money to help guarantee completion, according to published reports.

by · 04/21/2017 · News
HISTORY: S.C. Public Service Authority

HISTORY: S.C. Public Service Authority

The South Carolina Public Service Authority was established by the General Assembly in 1934 with the power to provide for navigation and flood control on the Santee, Congaree and Cooper Rivers; to generate electricity; to reclaim swampland; and to reforest the state’s watersheds. The prospect of using New Deal funds to build a hydroelectric generating station in the Lowcountry excited many of that area’s powerful legislators. These men envisioned a small industrial empire in the Lowcountry, supplied with Santee Cooper power. They created the Public Service Authority to negotiate with and receive funding from the federal government.

SCORECARD: From Tinkler to Trump

SCORECARD: From Tinkler to Trump

Thumbs up Tinkler. Good idea by state Rep. Mary Tinkler, D-Charleston, to have private donations pay for the display of the Confederate flag in the state’s Relic Room. Sounds like a Democrat using a Republican tactic — private funding — […]

by · 12/11/2015 · Features, Scorecard
SCORECARD: From big bucks to Santee Cooper to Corley

SCORECARD: From big bucks to Santee Cooper to Corley

Scorecard on $3.5 billion in road money, Gov. Nikki Haley, abortion, Santee Cooper, museum commission, gun violence, Chris Corley

by · 12/04/2015 · Features, Scorecard