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Judge approves $520 million settlement in Santee Cooper lawsuit
A judge has given preliminary approval to a $520 million settlement that would provide refunds to Santee Cooper customers whose utility rates were increased to pay for the failed V.C. Summer nuclear project.
Santee Cooper releases reform plan, 2020 budget details
The utility presented details a day after consultants hired by the S.C. Department of Administration to write a report recommending options for Santee Cooper's future presented their conclusions to state legislators.
Cubico acquires 102-megawatt Midlands solar project
The Calhoun County project is the London-based renewable energy company's third in the state. The project, which has a 20-year power purchase agreement with Dominion Energy, brings Cubico's S.C. solar capacity to more than 300 MW.
Coal ash storage facility closed by Dominion
Nearly 80% of the coal ash produced at Wateree Station is recycled into products approved by the Environmental Protection Agency, such as cement and wallboard.
Santee Cooper approves 2020 budget, but details are scarce
Details might reveal parts of a confidential plan to keep Santee Cooper under state control, the utility said. That plan is one of several proposals the General Assembly will consider in 2020 in deciding whether to sell Santee Cooper.
Collaboration to power new solar farm in Orangeburg County
Google, Central Electric Power Cooperative and Berkeley Electric Cooperative are building a 75-megawatt solar farm which is expected to generate 180,000 megawatt-hours of renewable energy each year.
Solar energy center open in Aiken County
The 560-acre Shaw Creek Solar Energy Center has the capacity to generate 74.9 megawatts of electricity and nearly $9 million in tax revenue for Aiken County.
Santee Cooper approves bond sale
The sale of $163 million in variable rate revenue obligation bonds will be used to refund debt, the utility said. Santee Cooper expects the transaction to result in debt service savings of $40 million during the next 16 years.
Dominion Energy South Carolina to ask for rate increase next year
The utility's 2018 acquisition of SCANA prevented it from presenting a case for a rate increase until 2020. Dominion's CEO said the company is under-earning in South Carolina.
Grant funding available to reduce diesel engine emissions
The Diesel Emissions Reduction Act grants are intended to help reduce diesel emissions by paying for upgrades or replacement of older diesel engines.
Dominion Energy acquires solar generating project
When it is completed later this year, the 630-acre Seabrook Solar facility in Beaufort County will be one of the largest solar arrays in South Carolina.
Santee Cooper pays off $360M in bond debt
The utility had faced $8 billion in debt, with half related to the failed V.C. Summer nuclear project. The payment is part of a business strategy that aims to reduce Santee Cooper's nuclear debt by $925 million in the next 2 years.
