Tag: electricity bills

Bills Sponsored by Rankin and Crawford Expected to Increase Electricity Bills

Companion bills filed by Rep. Heather Crawford and Sen. Luke Rankin, in the two houses of the SC General Assembly, appear to have a goal of requiring electrical cooperatives to purchase electricity from Santee Cooper regardless of the cost.
The bills, introduced by Rankin in the Senate on February 9, 2023 and by Crawford in the House on February 28, 2023, read as follows: “A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 58-37-40, RELATING TO INTEGRATED RESOURCE PLANS, SO AS TO PROVIDE THAT CENTRAL ELECTRIC POWER COOPERATIVE MUST SUBMIT ALL PROPOSED CONTRACTS OR OTHER PLANS FOR THE PROCUREMENT OF ELECTRIC GENERATION TO THE JOINT BOND REVIEW COMMITTEE, THE STATE REGULATION OF PUBLIC UTILITIES REVIEW COMMITTEE, AND THE PUBLIC SERVICE COMMISSION OF SOUTH CAROLINA PRIOR TO EXECUTION.”
Central Electric Power Cooperative provides wholesale electric service to South Carolinas electric cooperatives such as Horry Electric Cooperative and Pee Dee Electric Cooperative. It obtains most of its power through long term purchase agreements with Santee Cooper, Duke Energy Carolinas, and the Southeastern Power Administration.

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