nuclear fiasco aftermath

Slightly less than half of South Carolinians are familiar with the failed $9 billion V.C. Summer nuclear project. That number is lower among Santee Cooper and electric co-op members. The more South Carolinians learn about Santee Cooper’s disastrous finances and potential provisions of a sale, the more likely they are to support selling Santee Cooper. Hearing that a private company would pay down Santee Cooper’s $8 billion debt and prevent it from being passed on to customers was the single issue most likely to make South Carolina ratepayers more likely to support its sale to a private entity. More than 80% of South Carolinians would rather see a price for Santee Cooper set by an independent auditor or the market than have state legislators set the price. South Carolinians care about Santee Cooper’s public lands and waterways – and are more likely to support the sale to a private entity if those public lands and waterways are protected or sold to pay down its debt.

The above about the sale of Santee Cooper came from the conservative Club for Growth.