Tag Archives: State Regulation of Public Utilities Review Committee

New Senate president’s business paid thousands by local governments

January 7, 2022

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SC Senate Chamber

By RICK BRUNDRETT New S.C. Senate president Thomas Alexander reported a total of more than $850,000 in income over a 10-year period from Upstate public agencies through his office supply business, The Nerve found in a review of his annual income-disclosure records. No one has accused the longtime Oconee County Republican of any wrongdoing. But, […]

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$5M in bonuses doled out to Santee Cooper employees

January 5, 2022

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Santee Cooper

By RICK BRUNDRETT More than 1,300 Santee Cooper workers last year received “incentive” bonuses totaling $5 million, with outgoing president and CEO Mark Bonsall getting a $242,500 bonus on top of his $1.1 million base salary, records show. All but 58 of the 1,383 employees of the state-owned utility who were making an annual salary […]

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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 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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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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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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State stonewalls public comment on proposed Dominion rate hike

November 10, 2020

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V.C. Summer Nuclear Station

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 […]

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S.C. lawmakers continue tight grip on PSC elections

September 23, 2020

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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 […]

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