Earlier this month Santee Cooper announced their new business plan involving a shift away from predominantly coal-fired power plants to solar and natural gas sources, including completely phasing out the Winyah Generation Station near Georgetown.
While the future of the energy business is in renewable energy and natural gas, the claim of this transition bringing immediate relief to customers and assisting the company with paying down the more than $4 billion of debt from the failed V.C. Summer project left more questions than answers.
Many news outlets and concerned citizens took to Twitter to express their confusion:
Palmetto Promise is an organization promoting economic freedom and free-market within South Carolina.
Tom Davis is a South Carolina State Senator representing Beaufort and Jasper Counties.
Andrew Brown reports stories on business for the Post and Courier.
Holy City Sinner is the most popular local blog in Charleston and has been voted as the best website and Twitter feed in Charleston for the last 6 years.
FITSNews.com is a free market news outlet that reports on breaking news throughout South Carolina with a focus on business.
So, what are your thoughts on Santee Cooper’s new business plan?
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