Utility makes bid to buy Santee Cooper - Post and Courrier

Selling Santee Cooper at a fire-sale price and in an environment where the state is begging buyers to undervalue the public utility’s true worth would have disastrous implications,” S.C. House Speaker Jay Lucas, R-Darlington, told The State. “The only responsible course of action is to receive an accurate valuation of Santee Cooper and not sell it for less than it’s worth.”

http://www.thestate.com/news/politics-government/article177953976.html

Sewer rate may go up in Northeast Columbia | The State

Sewer rate may go up in Northeast Columbia | The State: "Palmetto Utilities Inc., which serves 26,000 customers in the northeast sections of Richland County, wants to raise its flat rate for sewer service from $36.50 a month to $68.05 per month, or an increase of 86 percent.

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‘The End is Very Near’: Utility Won’t Block Condemnation of Sewage Plant | Local & State News | free-times.com

‘The End is Very Near’: Utility Won’t Block Condemnation of Sewage Plant | Local & State News | free-times.com: "he mayor says the town is ready to go ahead and take over the facility. He says the town is formally beginning the condemnation process this week.

“They actually asked us to move as quickly as possible with the condemnation process where they could turn over the plant to us,” the Lexington mayor told Free Times on Oct. 9."



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Gov. McMaster urges South Carolina lawmakers to back sale of Santee Cooper - Post & Courrier

"I have alerted each that the state will not consider any proposal which saddles the ratepayers or taxpayers with any of Santee Cooper’s $4.3 billion nuclear construction debt," the governor wrote.

http://www.postandcourier.com/politics/gov-mcmaster-urges-south-carolina-lawmakers-to-back-sale-of/article_5ed49342-ac70-11e7-abba-4fbadd863e4b.html

Sewage spills into Saluda River should end as Lexington takes over troubled plantBY TIM FLACH - The State

Town leaders on Friday immediately accepted an offer from Carolina Water Service to take over the facility while the two sides resolve how much much the town will pay to purchase the system.Read more here: http://www.thestate.com/news/local/article177486191.html#storylink=

Some Northeast Richland sewer rates may rise 86 percent - The State

“The increase is needed to offset the $83 million the company spent to upgrade and improve its sewer system, according to the company’s filing with the request.”

http://www.thestate.com/news/local/article177496766.html

Santee Cooper names Brogdon interim CEO > Columbia Business Report

Santee Cooper names Brogdon interim CEO > Columbia Business Report: "Brogdon, a former South Carolina Circuit Court judge, joined Santee Cooper in 2005 and led the utility’s successful resolution of the Santee River flooding litigation, securing a $250 million recovery in that case. He is also credited for significant contributions to Santee Cooper’s ability to extend its contract through 2058 with Central Electric Power Cooperative, the utility’s largest customer. 

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Duke, Dominion, Southern among power companies in talks with Gov. Henry McMaster to buy Santee Cooper | Business | postandcourier.com

Duke, Dominion, Southern among power companies in talks with Gov. Henry McMaster to buy Santee Cooper | Business | postandcourier.com:



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SC’s top 2 legislators promise power customers protection | The State

SC’s top 2 legislators promise power customers protection | The State: "Lucas said he’d like to see Leatherman lead the charge on energy regulation reform.

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Water Customers Mad over West Columbia's 'Annexation via Extortion' | Local & State News | free-times.com

Water Customers Mad over West Columbia's 'Annexation via Extortion' | Local & State News | free-times.com: "Other municipalities around South Carolina require similar obligations of property owners. The City of Columbia has what they call a “Declaration of Covenant” that functions much the same as the West Columbia annexation for water agreement, as does the City of Lexington, Chapin and others. The agreement doesn’t automatically force properties into West Columbia. Instead, once the city limits expand and border a formerly unincorporated property, then West Columbia takes them in.

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3 utilities tell McMaster they want to buy Santee Cooper | The State

3 utilities tell McMaster they want to buy Santee Cooper | The State: "Three Fortune 200 energy companies have lined up to buy some or all of the state-owned Santee Cooper utility, according to two sources familiar with the negotiations.

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Energy executive: Atlantic Coast Pipeline could extend into S.C. > Charleston Business Journal

Energy executive: Atlantic Coast Pipeline could extend into S.C. > Charleston Business Journal: "“Even though it dead-ends at Lumberton (North Carolina) — of course, 12 miles to the border — everybody knows it’s not going to end in Lumberton,” Weekley said in the recording, adding that it could go toward the Lowcountry or the Midlands, depending on power needs"



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How DOE's baseload power rule 'would blow the market up' | Utility Dive

How DOE's baseload power rule 'would blow the market up' | Utility Dive: "FERC is unlikely to take up the proposal as written, analysts and former regulators agreed, but regulators currently at the agency have indicated they plan to address plant compensation and reliability questions — making the NOPR the Trump administration's opening salvo in what is likely to be a long and contentious regulatory battle over the future of the fuel mix and competitive electricity markets."



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