Check Your Santee Cooper Debt Knowledge And Find Out If It Will Affect You Featured Share Tweet Email Who is your energy provider?*Santee CooperTri-County Electric CooperativeSantee Electric CooperativePee Dee Electric CooperativePalmetto Electric CooperativeNewberry Electric CooperativeMid-Carolina Electric CooperativeMarlboro Electric CooperativeLynches River Electric CooperativeHorry Electric CooperativeFairfield Electric CooperativeEdisto Electric CooperativeCoastal Electric CooperativeBlack River Electric CooperativeBerkeley Electric CooperativeAiken Electric CooperativeOtherWho owns Santee Cooper?* The South Carolina state government Santee Cooper shareholders Correct! The South Carolina state government owns Santee Cooper Wrong! Try again. What is your zip code?* Who will have to pay back Santee Cooper’s $8 billion debt if it is not sold?* Santee Cooper shareholders and board members Santee Cooper direct serve and cooperative customers Correct! Unlike Duke or SCANA, Santee Cooper is not a private utility, so it has no shareholders. The burden of the debt would fall to the direct serve and local electric cooperative customers. Wrong! Try again. Santee Cooper’s debt increases by $1,078,0667.99 each day and its customers are obligated to pay that debt through higher electric rates unless Santee Cooper is sold to a private utility that can pay off the debt, lower rates and potentially bring in additional renewable resources. Do you want to pay off this debt or see the utility sold? Pay off debt through electric rates Sell to private utility Does this affect me? Yes No Yes If you are a South Carolina resident who gets their power from Santee Cooper or any of the 20 local electric cooperatives, then yes. NO If you are a South Carolina resident who gets their power from Santee Cooper or any of the 20 local electric cooperatives, then yes.
