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Summer 2016

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All Stories From The CEO Business Briefly News Source Download PDF Past Issues

Spring Mini-Bond sale largest yet

This spring’s Mini-Bond sale, which took place in April, was the largest, most successful Mini-Bond sale in Santee Cooper history, totaling $42,142,700 from 2,297 separate purchases. Current Interest Bearing Bonds were offered in $500 denominations, while Capital Appreciation Bonds were offered in $200 denominations. The maximum purchase was capped at $50,000 per individual.

“Santee Cooper Mini-Bonds give investors an easy and unique way to enhance their portfolios,” said Lonnie Carter, Santee Cooper president and CEO. “In addition to being an easy investment opportunity, Mini-Bonds also help Santee Cooper fulfill our responsibility to provide South Carolina with low-cost, reliable and environmentally protective electricity.”

 

Richard Carroll Elementary becomes 28th Green Power Solar School

On April 29, the Bamberg Department of Public Works, Bamberg School District 1 and Santee Cooper dedicated Richard Carroll Elementary as a Green Power Solar School, making it the 28th solar school in the state. The school was equipped with a solar cell array that is already producing electricity from the sun’s rays, providing students with a firsthand look at the opportunities and challenges of solar power.

 

Green Power powered RBC Heritage eight years in a row

PGA TOUR members know what it’s like to swing for the green, and so do Palmetto Electric Cooperative and Santee Cooper. For the last eight years, they have joined forces with the RBC Heritage Presented By Boeing Golf Tournament to make each swing a little greener – with 100 percent Green Power.

RBC Heritage purchased Santee Cooper Green Power from Palmetto Electric Cooperative for the duration of the 2016 tournament, which was played April 11-17 at Harbour Town Golf Links on Hilton Head Island. The tournament was the first major Green Power event in the state, back in 2009. Green Power is Green-e Certified and meets the environmental and consumer-protection standards set forth by the nonprofit Center for Resource Solutions. Learn more at www.green-e.org.

 

Results from Santee Cooper Lineworkers Rodeo

Spectators gathered at Old Santee Canal Park on March 19 to watch the 19th annual Santee Cooper Lineworkers’ Rodeo. The event united Santee Cooper with seven electric cooperatives in the area, and they competed in a course of events designed to test their skills in a fun and safe environment. Overall results are as follows:

Apprentice – Overall

1st place: Sport Rabon (Santee Cooper)

2nd place: Justin Sutherland (Black River Electric Cooperative)

3rd place: Michael Sims (Black River Electric Cooperative)

 

Journeyman – Overall

1st place: Chad Williams, Joe Sawyer, Drew Jordan (Santee Cooper)

2nd place: Kevin Rhode, Jay Ayers, Johnny Brinson (Santee Cooper)

3rd place: Chad Davidson, Jay Bagwell, Clay Crawford (Black River Electric Cooperative)

 

Summer Operating Hours for Pinopolis Lock announced

Spring and summer hours are 9 a.m. to 7:30 p.m. for the Pinopolis Lock at the Jefferies Hydroelectric Station on Lake Moultrie. Digital signage at the lock will display the current operating status.

The lock does not operate during thunderstorms or rough-water conditions. Occasionally, it is necessary to take the lock out of service for periodic maintenance or repair.  If you have a large party of boats you are encouraged to call in advance. The telephone number is 843-899-LOCK (5625).

 

Overton Beach Park is open for summer

The 400-foot beachfront swimming area at Santee Cooper's Overton Beach Park, located on Lake Moultrie five miles north of Moncks Corner, is open daily to the public from 10 a.m. to 6 p.m., with certified lifeguards on duty. Hours will be limited to weekends (10 a.m. to 6 p.m.) once Berkeley County schools resume in August.

Admission is $2 per person for ages 4 and up. A $40 family season pass allows unlimited admission for up to four people per vehicle. Annual passes to Old Santee Canal Park are not valid at Overton. For more information and directions, call Overton Park at 843-761-8039, Old Santee Canal Park at 843-899-5200, or visit www.santeecooper.com.