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GREENVILLE, SC The monumental power failure in Texas caused by unseasonable cold showed how extreme weather can push an electric grid to the brink.
The average U.S. power customer loses electricity for 1.5 to 2 hours annually even before extreme weather events are taken into account, according to data from the U.S. Energy Information Administration. As the Texas experience showed, hurricanes, snowstorms, heat waves and other extreme weather events can make such outages dramatically worse.
Customers in South Carolina state experienced 5.44 hours without power in 2019 0.74 more hours than the national average of 4.7 hours in 2019, which is the most recent information available, according to the EIA.
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GOOSE CREEK, SC The monumental power failure in Texas caused by unseasonable cold showed how extreme weather can push an electric grid to the brink.
The average U.S. power customer loses electricity for 1.5 to 2 hours annually even before extreme weather events are taken into account, according to data from the U.S. Energy Information Administration. As the Texas experience showed, hurricanes, snowstorms, heat waves and other extreme weather events can make such outages dramatically worse.
Customers in South Carolina state experienced 5.44 hours without power in 2019 0.74 more hours than the national average of 4.7 hours in 2019, which is the most recent information available, according to the EIA.
A South Carolina utility has agreed to pay $2 million to investors to settle allegations it misled them about liabilities associated with a now-defunct nuclear reactor project while selling mini bonds, according to a filing in federal court.
The Times and Democrat on the possible sale of Santee Cooper to a private utility
The Lake Marion Regional Water System continues to grow as a reliable source of water in rural areas looking to improve quality of life and expand development opportunities.
Most recently, the water system received a $10 million grant to further expand its services to rural areas in and around The T&D; Region.
Since the Lake Marion water plant was completed more than a decade ago, the list of towns being served has grown and that expansion is to continue.
But there is concern.
A key player in the water project is the South Carolina Public Service Authority, better known as Santee Cooper, one of the nation’s largest publicly owned utilities. The owner of the manmade lakes Marion and Moultrie, Santee Cooper was created more than a half-century ago to bring growth and development to rural counties by supplying electricity. Water was and is a logical extension of the mission.
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SC Utility To Pay $2M To Settle Failed Nuclear Project Suit
Law360 (January 26, 2021, 4:02 PM EST) A South Carolina utility has agreed to pay $2 million to investors to settle allegations it misled them about liabilities associated with a now-defunct nuclear reactor project while selling mini bonds, according to a filing in federal court.
The South Carolina Public Service Authority, also known as Santee Cooper, and former CEO Lonnie N. Carter agreed to the settlement with a proposed class of investors Monday, nearly two years after a suit was filed against the company for allegedly misleading those individuals when issuing mini bonds despite knowing that the nuclear project was rife with issues.