Tag Archives: V.C. Summer

Jet-setting PSC members attended events with ties to regulated companies

February 7, 2020

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By RICK BRUNDRETT From 2014 through 2018, four sitting S.C. Public Service Commission members collectively accepted more than $90,000 in trips and meals funded in part by utility industry trade groups, several of which have ties to companies regulated by the PSC, a review by The Nerve found. And two of the commissioners who are […]

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State law violated: PURC fails to submit annual reviews of PSC members

January 24, 2020

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By RICK BRUNDRETT A legislatively controlled committee violated state law in recent years by not giving the General Assembly annual performance reviews of individual S.C. Public Service Commission members, who set utility rates for residents and businesses statewide, a review by The Nerve found. Timing could be everything. Before the V.C. Summer nuclear project collapsed […]

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Taxpayer, ratepayer tab totals $9M so far for review of secret Santee Cooper bids

January 17, 2020

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Santee Cooper

By RICK BRUNDRETT Eight private firms hired by the state to evaluate proposals for the sale or management of state-owned utility Santee Cooper have charged a total of more than $9.2 million – $5 million of it covered by taxpayers – for their work, newly released records show. And the overall bill to ratepayers with […]

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PSC seats in limbo again after legislatively controlled panel delays nominations

January 14, 2020

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By RICK BRUNDRETT Another year, another convoluted legislative process for selecting six-figure state Public Service Commission members, who can greatly affect utility bills for many South Carolinians. The State Regulation of Public Utilities Review Committee (PURC) was scheduled to screen a total of 17 candidates over two days last week for four open seats on […]

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Long legislative tradition of putting ex-colleagues, relatives in high-paying public jobs

October 15, 2019

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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 […]

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Taxpayer tab for Volvo deal far bigger than public pronouncements

June 29, 2019

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By RICK BRUNDRETT When S.C. officials announced in 2015 that Volvo would locate its first U.S. plant in rural Berkeley County, the total incentives offered to the Swedish car maker were pegged at about $200 million. An investigation by The Nerve, however, found more than $250 million in incentives spent or offered so far by […]

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Secrecy surrounds Santee Cooper bid process; $735K spent on study consultant

June 7, 2019

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Santee Cooper

By RICK BRUNDRETT The taxpayer tab for a global consulting firm hired last year to help a legislatively controlled study committee on the possible sale of state-owned utility Santee Cooper has grown to more than $735,000 – and it’s unclear whether that’s the final bill. Meanwhile, the S.C. Department of Administration is being tight-lipped about […]

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Big bills heading to Santee Cooper, co-op customers with ecodevo spending?

June 3, 2019

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By RICK BRUNDRETT As Santee Cooper was accumulating billions in debt for the failed V.C. Summer nuclear project, the state-owned utility was doling out millions that benefited major corporations, local governments and economic development groups, utility records reviewed by The Nerve show. From August 2010 to April 2018, a total of at least $121 million […]

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Taxpayer cost grows for high-priced consultants in wake of V.C. Summer fiasco

February 12, 2019

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  By RICK BRUNDRETT Since the 2017 collapse of the V.C. Summer nuclear project – which the Legislature made possible through a quietly passed law 10 years earlier – lawmakers and state utility regulators collectively have spent at least $729,000 on consultants hired to give them advice or issue reports. The total includes $379,203 this […]

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S.C. lawmakers likely to fill PSC seat with one of two insiders

January 23, 2019

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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 […]

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