Last week the South Carolina Senate decided to not move forward with the consultant responsible for the vetting and research for the possible sale of Santee Cooper, a move that could leave the 2 million direct-serve and co-op customers of Santee Cooper responsible for the $8 billion debt they owe.
Despite this decision, S.C. Club For Growth, a group of South Carolinians whose mission is to promote economic growth in the state, recently released a poll that showed overwhelming support for the sale of Santee Cooper among informed voters.
Nearly three-quarters of the state was more likely to support the Santee Cooper sale if a private company agreed to pay down the $8 billion debt and prevent customers from carrying the weight of paying down the debt.
However, the poll also found that a large amount of the state is still unaware of the V.C. Summer Project that caused a majority of the debt owed by Santee Cooper.
The poll showed that only 48.3% of the state is even aware of the debacle. And, when you look at just Santee Cooper and co-op customers, that number is even lower.
With news of the South Carolina Senate not wanting to move forward with ICF Consulting, the future of Santee Cooper continues to be unclear. And, as more South Carolinians become aware of the billion dollar problem and the effect it may have on them, frustrations will continue to grow and support for the sale will increase.