MONCKS CORNER, S.C. –Santee Cooper customers who install rooftop solar panels or buy into Solar Share, the utility’s community solar project, will see their solar investment pay off much sooner under new incentives that the Board of Directors approved today. New incentives include larger per-watt rebates. The rebate for residential Solar Home and Solar Business customers who install rooftop panels […]
BERKELEY COUNTY, S.C.– Less than 24 hours after Hurricane Matthew exited Santee Cooper’s service territory, crews have restored nearly 60,000 retail customers and begun the work to restore its transmission system. Santee Cooper has approximately 900 people assessing and working on the lines, including line and tree crews from several states who are aiding Santee Cooper’s own crews. Approximately 25 […]
BERKELEY COUNTY, S.C.–Hurricane Matthew has delivered the biggest hit to Santee Cooper’s transmission and distribution system since Hurricane Hugo 27 years ago, and as the storm leaves the state Santee Cooper crews are beginning in earnest the assessment and restoration process. Roughly 15 hours after Hurricane Matthew took its first hit on Santee Cooper’s transmission system, transmission crews are beginning […]
BERKELEY COUNTY, S.C.–Santee Cooper personnel say they are prepared for the anticipated effects that Hurricane Matthew may have on Santee Cooper’s service territory. Officials say approximately 2 million South Carolinians depend on the state-owned electric and water utility as their power source, either directly or through the state’s electric cooperatives. As of noon today, Santee Cooper went to a Condition […]
BERKELEY COUNTY, S.C.–As Hurricane Matthew continues heading toward South Carolina, Santee Cooper is making preparations to respond to any power difficulties the storm brings to our customers. Approximately 2 million South Carolinians depend on the state-owned electric and water utility as their power source, either directly or through the state’s electric cooperatives. Transmission and distribution crews are stocking and fueling […]
MONCKS CORNER, S.C. – As Tropical Storm Hermine continues heading toward South Carolina, Santee Cooper officials say they are making preparations to respond to any power difficulties the storm brings to the utility’s customers. Transmission and distribution crews are stocking and fueling line trucks and other fleet vehicles in advance of the storm. Utility personnel are monitoring developments and planning […]
BERKELEY COUNTY, S.C.–Santee Cooper is warning all customers, both residential and commercial, of a scam currently operating in the service area. Scammers are calling businesses claiming to be Santee Cooper employees and demanding immediate payment of bills. These scammers are demanding that customers provide payment by a purchased, pre-loaded credit card or by wire transfer. The caller will even leave a […]
MONCKS CORNER, S.C. – The Santee Cooper Board of Directors approved the sale of $52.4 million in revenue obligation bonds during a special telephonic board meeting today. The proceeds will be used to refund and restructure existing debt. The 2016C bond sale involved tax-exempt bonds with maturities from 2022 to 2036. The all-in true interest rate was 3.108 percent. The […]
GOOSE CREEK, S.C.–Century Aluminum officials announced Wednesday that they have renegotiated a market-based agreement with a third-party supplier to provide approximately 75% of the power requirements for the Mt. Holly, South Carolina smelter. “We are proud of the team at Mt. Holly, who have operated the plant safely and efficiently during these highly uncertain times,” commented Michael Bless, Century’s President and CEO. “We […]
MONCKS CORNER, S.C. – The Santee Cooper Board of Directors has approved two new officers. Dom Maddalone has been named senior vice president of information systems and chief information officer, and Rahul Dembla has been named vice president of planning and pricing. Maddalone previously was Vice President of IT Infrastructure and Chief Technology Officer for Probuild, a nationwide lumber and […]
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