Tag Archives: Santee Cooper

More secrecy on tap in upcoming PSC review?

October 20, 2021

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By RICK BRUNDRETT A powerful, legislatively controlled committee is scheduled Thursday to conduct annual reviews of the seven Public Service Commission members, though if recent history is a guide, the public won’t see any final written evaluations. That’s because they haven’t been done in the past several years, despite being required by state law. The […]

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Santee Cooper seeks state OK to dive deeper in debt

August 17, 2021

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Santee Cooper

By RICK BRUNDRETT State-owned utility Santee Cooper’s debt load is projected to grow by more than a half-billion dollars under a proposal that a legislative committee likely will rubber-stamp today. The utility’s board of directors in a special meeting Thursday approved asking the state Joint Bond Review Committee (JBRC) to allow the utility to sell […]

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Santee Cooper deep in debt, still spending millions on ecodevo projects

August 12, 2021

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By RICK BRUNDRETT Santee Cooper’s electric customers are on the hook for billions in debt payments, but that hasn’t stopped the state-owned utility from spending millions in recent years on economic development projects. The Nerve’s review of utility records provided recently under the state’s open-records law found that from May 2018 through May of this […]

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Some state agency heads start new fiscal year with big pay raises

July 7, 2021

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By RICK BRUNDRETT A legislatively controlled committee has given five-figure pay hikes to a group of state agency heads, and a new law empowers the panel to recommend raises next fiscal year for certain statewide elected officials. The Agency Head Salary Commission (AHSC) on Thursday– the start of the new fiscal year – approved the […]

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Santee Cooper board still has expired, vacant seats despite ‘reform’ law

June 18, 2021

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Santee Cooper

By RICK BRUNDRETT Of the 12 seats on the board governing state-owned utility Santee Cooper, two are vacant while seven members are serving past their expired terms. A new law that purportedly will reform Santee Cooper – pushed by lawmakers after they couldn’t decide to sell the debt-burdened utility – doesn’t change the selection process […]

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Santee Cooper, Ports Authority board members paid thousands for part-time gig

April 16, 2021

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By RICK BRUNDRETT Unlike panels overseeing other state agencies, the governing boards of the state-created Ports Authority and utility Santee Cooper are paid thousands of dollars annually for their part-time jobs, records show. Most members of the Ports Authority Board of Directors made $11,700 last year, while members of the Santee Cooper Board of Directors […]

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Lawmaker-controlled panel violates state law – again

January 6, 2021

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By RICK BRUNDRETT A legislatively controlled committee has once again violated a state law requiring that it provide the General Assembly with written individual evaluations of S.C. Public Service Commission members. The seven-member PSC’s authority includes setting utility rates for investor-owned gas and electric utilities. The PSC is holding additional public hearings this week on […]

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Plenty of Ports Authority employees in six-figure salary club

December 9, 2020

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By RICK BRUNDRETT More than 200 S.C. Ports Authority employees received at least $100,000 in total wages last fiscal year, with agency president and CEO Jim Newsome making $546,236, records show. The total number of workers at the state-created agency who made $50,000 or more in fiscal 2020, which ended June 30, was 608, according […]

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Hundreds of Santee Cooper employees receive ‘incentive’ bonuses

December 4, 2020

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By RICK BRUNDRETT “Incentive” bonuses totaling more than $5 million were doled out this year to 1,463 Santee Cooper employees, with individual cash rewards averaging about $3,500 and topping out at $165,000 for a high-level executive, The Nerve found in a review of utility records. The records, provided by the state-created utility under the S.C. […]

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Public agencies spend thousands on lobbyists during COVID-19 outbreak

October 27, 2020

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By RICK BRUNDRETT The spread of the coronavirus in South Carolina didn’t stop public agencies’ spending on lobbying lawmakers and other state government officials. From Jan. 1 through May 31, 44 state and local entities, including state-created agencies such as Santee Cooper and local fire and water/sewer districts, collectively spent at least $812,661 on lobbyists, […]

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