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Editorial Roundup: South Carolina


The Times and Democrat on the possible sale of Santee Cooper to a private utility
The Lake Marion Regional Water System continues to grow as a reliable source of water in rural areas looking to improve quality of life and expand development opportunities.
Most recently, the water system received a $10 million grant to further expand its services to rural areas in and around The T&D; Region.
Since the Lake Marion water plant was completed more than a decade ago, the list of towns being served has grown and that expansion is to continue.
But there is concern.
A key player in the water project is the South Carolina Public Service Authority, better known as Santee Cooper, one of the nation’s largest publicly owned utilities. The owner of the manmade lakes Marion and Moultrie, Santee Cooper was created more than a half-century ago to bring growth and development to rural counties by supplying electricity. Water was and is a logical extension of the mission. ....

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SC Utility To Pay $2M To Settle Failed Nuclear Project Suit


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SC Utility To Pay $2M To Settle Failed Nuclear Project Suit
Law360 (January 26, 2021, 4:02 PM EST) A South Carolina utility has agreed to pay $2 million to investors to settle allegations it misled them about liabilities associated with a now-defunct nuclear reactor project while selling mini bonds, according to a filing in federal court.
The South Carolina Public Service Authority, also known as Santee Cooper, and former CEO Lonnie N. Carter agreed to the settlement with a proposed class of investors Monday, nearly two years after a suit was filed against the company for allegedly misleading those individuals when issuing mini bonds despite knowing that the nuclear project was rife with issues. ....

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The Utility Planning and Investment Cycle | Womble Bond Dickinson


This article is based on 
Belton Zeigler’s presentation to E4 Carolinas South Carolina Energy CLE on Dec. 18, 2020.
The utility planning and investment cycle begins with planning to comply with Federal reliability standards, proceeds through Integrated Resource Planning reviews at the Commission level, then results in Siting Act proceedings to certificate the construction of new facilities. The utility’s investment in the new facilities is recovered through rate proceedings that follow the commencement or completion of construction.
1. Federal Reliability Standards
Electric utility reliability requirements are established and enforced by the National Electric Reliability Council (“NERC”) under Section 1211(a) of the Energy Policy Act of 1995. ....

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