The Nerve

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 […]

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 […]

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. […]

By RICK BRUNDRETT Dominion Energy electric customers in South Carolina are angry. They were promised a rate cut following the 2017 collapse of the $9 billion V.C. Summer nuclear project. But Virginia-based Dominion now wants a significant rate hike. And the state panel that will decide whether to approve the nearly 8% rate hike has […]

Update: The Legislature on Sept. 23, 2020, elected four newcomers to the S.C. Public Service Commission: Carolyn “Carolee” Williams, District 1; Stephen “Mike” Caston, District 3; Headen Thomas, District 5; and Delton Powers, District 7. By RICK BRUNDRETT For many South Carolinians, the size of their utility bills ultimately rests with state lawmakers. Not only […]

By RICK BRUNDRETT As lawmakers this week consider sale and management proposals involving Santee Cooper, one issue that likely won’t get much attention is the growth in recent years of well-paid workers at the state-owned utility. Of Santee Cooper’s approximately 1,650 full-time employees, 312, or 18.9% of the total, receive a base annual salary of […]

By RICK BRUNDRETT The possibility that two more ex-lawmakers could join the state Public Service Commission – with six-figure salaries – highlights a longstanding tradition of legislators giving well-paying jobs to their former colleagues, relatives and friends. On Friday, the six-legislator, 10-member State Regulation of Public Utilities Review Committee (PURC), which nominates PSC candidates for […]

By RICK BRUNDRETT When it comes to debt, the state of South Carolina is swimming in billions of it. Yet an important report on the state’s finances, issued by Comptroller General Richard Eckstrom – the state’s chief accountant – and considered a key document by credit rating agencies in evaluating state debt, according to an […]

Update: On 2/6/19, the Legislature in a joint session voted 99-1 to elect former longtime PSC attorney Florence Belser to the congressional District 2 PSC seat after incumbent Elliott Elam withdrew from the race. The only lawmaker who voted against Belser was Rep. Jonathon Hill, R-Anderson. By RICK BRUNDRETT After nearly a year and a […]

By RICK BRUNDRETT S.C. lawmakers have once again delayed filling a $107,822 seat on the state Public Service Commission, which routinely approved electric rate hikes for the failed V.C. Summer nuclear project. A screening hearing for PSC Seat 2, which was supposed to have been held Monday of this week, was postponed, according to a […]