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.
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Santee Cooper seeks to raise electric rates more than 9% over next two years • SC Daily Gazette
Santee Cooper CEO Jimmy Stanton pictured at a legislative hearing in the state House office building. (Jessica Holdman/SC Daily Gazette)Customers of South Carolina’s state owned utility could again see their monthly power bills rise — by more than $13 a month over the next two years for the standard residential customer — as the early costs of a proposed natural gas plant and other construction projects come on the books. Santee Cooper’s governi…
Santee Cooper to seek more than 3% rate hike in each of next 2 years, adjust how demand is calculated
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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