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Santee Cooper to Seek More than 3% Rate Hike in Each of Next 2 Years, Adjust How Demand Is Calculated

The utility said the higher rates would help cover rising expenses and fund electric system investments, with residential bills up about $13.20 a month.

Summary by WBTW
MONCKS CORNER, S.C. (WBTW) -- The board of directors of South Carolina's largest utility company on Friday approved a plan to seek rate increases of more than 3% for each of the next two years and adjust how demand is calculated. Santee Cooper, which serves more than 2 million people across the state, will seek [...]

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MyrtleBeachSC news broke the news on Friday, May 1, 2026.
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