Latest ecomonic development success
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Santee Cooper Board names President & CEO, COO
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Fueling racetrack, gridiron
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Saying goodbye to an old friend
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V.C. Summer Nuclear Station expansion suspended
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Help prevent the spread of invasive aquatic plants
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Samsung announced plans in June to open a $380 million appliance-manufacturing plant in Newberry County, bringing nearly 1,000 jobs with it. The announcement drew positive attention from state leaders, as well as from the U.S. Commerce Secretary.
Santee Cooper contributed $2.75 million to fund a site-readiness grant that helped seal the deal. We have provided more than $110 million in loans and grants to economic development associations, local governments and other related nonprofit organizations since 2010 to help fund industrial buildings, commerce park improvements and even two inland ports.
Working with the South Carolina Power Team, Santee Cooper plays a tremendous role in economic development across South Carolina â€“ in fact, we have supported industrial recruitment in all 46 counties of the state with loans, grants, facilities or other support. Santee Cooper and the South Carolina Power Team have helped secure more than $14 billion in capital investment and 73,800 jobs across South Carolina since 1988.
Beyond Samsung, some of the more notable recent industries Santee Cooper helped recruit include Volvo, Google, Mercom, Sigmatex, Startek, Wyman-Gordon and Executive HeliJet.
Santee Cooper industrial rates are 31 percent lower than the national average, which is critical in attracting and keeping industries and jobs. To learn more about our efforts to grow prosperity across South Carolina, visit www.santeecooper.com/poweringsouthcarolina.
The Santee Cooper Board of Directors named James E. Brogdon Jr. interim president and CEO on Oct. 13. Brogdon retired from Santee Cooper in 2014 as general counsel and executive vice president. Former President and CEO Lonnie Carter announced his retirement Aug. 25.
The Board also named Marc R. Tye, Santee Cooper executive vice president of competitive markets and generation, to the position of COO.
Brogdon, also a former South Carolina Circuit Court judge, joined Santee Cooper in 2005 and led the utility's successful resolution of the Santee River flooding litigation, securing a $250 million recovery in that case. He is also credited for significant contributions to Santee Cooper's ability to extend its contract through 2058 with Central Electric Power Cooperative, the utility's largest customer.
"Jim is uniquely qualified to lead Santee Cooper during the coming months while our Board conducts a comprehensive search for a permanent president and CEO," said Leighton Lord, chairman of the Santee Cooper Board. "He understands the important role Santee Cooper plays as a public power utility serving South Carolina and our primary duties to provide low-cost, reliable electricity and water, provide excellent customer service and promote economic development."
"Jim is well-known by our customers, our industry peers and partners, and other key stakeholders, and he knows our responsibilities to each," Lord continued.
As a committed community builder, Brogdon has also served a number of civic and charitable organizations. In particular, he has served on the boards of the Lowcountry Chapter of the American Red Cross, the North Eastern Strategic Alliance, the South Carolina Chamber of Commerce, the SCETV Endowment, the Energy Bar Association's Southern Chapter, the Governor's School for Science and Mathematics Foundation, and the Presbyterian Communities of South Carolina.
Tye's promotion to COO builds on his extensive experience across Santee Cooper operating units. In addition to his current role leading generation, wholesale markets and industrial services, he has experience in retail operations, conservation and energy efficiency, renewable energy, and corporate analysis and pricing. He joined Santee Cooper in 1984.
"Marc's breadth of experience across our core operating areas will help ensure Santee Cooper's competitiveness and flexibility going forward," Lord said.
Whether you measure winning by the lap or the yard, Santee Cooper Green Power can help put the W in your corner. Two premier sporting events proved the power of "green" this fall, at the Darlington Raceway and the Coastal Carolina University football stadium.
When the green flag dropped at Darlington Raceway on Labor Day weekend, drivers had the chance to earn their "green stripe" on Turn 4 at the Track Too Tough to Tame. Turn 4 was painted green as a reminder to be kind to the environment. And Darlington Raceway did just that by using 100 percent Green Power for the electrical needs of the NASCAR XFINITY Series Sport Clips Haircuts VFW 200 and the Monster Energy NASCAR Cup Series Bojangles' Southern 500.
"Darlington Raceway takes great pride in being a facility that is powered by renewable energy," said track President Kerry Tharp. "We appreciate our strong relationship with our electric providers."
Pee Dee Electric Cooperative has earned its "green stripe" by being a longtime champion of Green Power. Jeff Singletary, Pee Dee Electric Cooperative vice president of marketing, said, "Pee Dee Electric Cooperative is always proud to partner with Santee Cooper and the Darlington Raceway in bringing this Green Power event to the area. This year, we're doing something new, painting a green stripe on the 4th turn, so as to remind people to be kind to our planet. We are big supporters of clean, renewable energy."
Green Power for race weekend was distributed by Pee Dee Electric Cooperative and generated by state-owned utility Santee Cooper. Innovative partnerships like these allow Santee Cooper to continue to expand Green Power throughout the state.
Coastal Carolina University also discovered the power of Green Power on Dec. 2, when its football team rushed onto the field and kicked off the inaugural Chants Up for Green Power Game. The game was 100 percent powered by Santee Cooper Green Power.
The game against Georgia Southern, sponsored by the Horry County Solid Waste Authority, also was celebrated as a zero-waste game. To achieve zero waste, CCU's sustainability team worked to divert 90 percent or more of the waste produced inside the stadium, suite areas and alumni tailgates through composting and recycling.
"Teal and green have always been great color partners during our longtime relationship with Santee Cooper," said Matt Hogue, CCU director of athletics. "Sustainability at CCU is serious business, and we were thrilled to showcase that commitment during this game. We thank Santee Cooper for leading this initiative."
This game adds to the list of renewable energy firsts between Santee Cooper and CCU, as CCU is home to the first solar pavilion in South Carolina, which Santee Cooper installed in 2006.
Santee Cooper Green Power was born in 2001 in Chanticleer territory at Horry County Solid Waste Authority. Now, Santee Cooper has 28 megawatts of clean, renewable Green Power capacity from sources including six landfill methane gas-generating stations, one wind turbine and six solar arrays.
Green Power is Green-e Energy certified and meets the environmental and consumer protection standards set forth by the non-profit Center for Resource Solutions. Learn more at www.green-e.org.
Jefferies Generating Station, adjacent to Lake Moultrie in Moncks Corner and retired in 2012, has been in the midst of being demolished since the contract was awarded on Oct. 18, 2016, to DEMCO. As we say goodbye to one of our first baseload (large-scale) generation stations, we have been chronicling the plant's finale through photography and video. On Nov. 14, we saw Boilers 3 and 4 come crashing down.
Jefferies Generating Station was comprised of four units and had the capability to power approximately 183,000 average-sized South Carolina homes. Units 1 and 2 entered commercial operation in 1954, while Units 3 and 4 fired up in 1970.
We made the decision to retire and dismantle Jefferies Station as we move to a more diverse mix of generating resources. Santee Cooper has decreased coal generation capacity by approximately 10 percent by retiring Jefferies and Grainger stations and we are increasing renewables when it's practical and makes sense for our customers.
Once the demolition of Jefferies is completed in 2018, the ground will be layered with soil, graded and covered with grass. You can watch a video of the demolition here. For a time-lapse video of the demolition of Jefferies, including the dismantling of its two stacks, click here.
On July 31, Santee Cooper's Board voted to suspend construction of the V.C. Summer expansion, a difficult decision but clearly the best for the utility's customers and the state. Project construction was less than halfway complete when the contractor, Westinghouse Electric Co., filed for bankruptcy in March. Santee Cooper, the minority owner of the project, and majority owner SCE&G then conducted a comprehensive, four-month analysis of data they previously did not have access to. Santee Cooper concluded that, in the wake of Westinghouse's bankruptcy, the project had become too expensive to complete.
This was a difficult decision, and Santee Cooper is working hard to mitigate impacts to customers from what already was spent on the project. Learn more at www.santeecooper.com/nuclearupdate.
Giant Salvinia (Salvinia molesta), a rapidly growing invasive plant, has been discovered in Lake Marion. We need your help to stop its spread. It spreads long distances via water currents and between water bodies when animals, boaters, hunters and fishermen unknowingly transporting the plants from one lake to another. Homeowners disposing of water garden and aquarium plants in public waters, private ponds and ditches can also spread this invasive plant. Learn more by watching this video.
You can help control the spread of invasive aquatic plants by:
State and federal law strictly prohibits the intentional spread of this and other non-native species.
Salvinia molesta, a floating aquatic fern, thrives in slow-moving, nutrient-rich, warm freshwater. It can form dense vegetation, mats hindering navigation, reducing water flow, and lowering light and oxygen levels, which creates a stagnant, dark environment that negatively affects freshwater fish and submerged aquatic plants.
IDENTIFICATION: Salvinia molesta has branched stems with floating leaves in pairs at each joint with a third modified leaf that resembles and functions like roots dangling below the water surface. Floating leaves are light to medium green, nearly round, and 1/2 to 1 inch long and wide. The upper surface is covered with dense, stiff white hairs with distinct "eggbeater" or "birdcage" shaped tips. A similar yet less-invasive Salvinia minima has hairs curved outward in a "T" or "umbrella" shape. Differentiation of these types of hairs is best performed under magnification.
IF YOU SEE GIANT SALVINIA, PLEASE REPORT IT TO SANTEE COOPER OR SCDNR.
SCDNR: 803-755-2872 / firstname.lastname@example.org
Santee Cooper: 843-761-4078 or 843-761-4101 / email@example.com
BY THE NUMBERS
TOTAL AMOUNT OF STATE TAXPAYER MONEY EVER SPENT TO FUND SANTEE COOPER
Santee Cooper's payment to the state General Fund from 1948-2017