The mission of Santee Cooper is to “serve as the state’s leading resource for improving the quality of life for the people of South Carolina,” and the Annual Pricing Report is intended to describe how our rates help us meet that end. The report includes Santee Cooper’s current and projected rate evolution and describes how the rates meet codified requirements and established Pricing Principles while catering to the needs of the communities we serve. Santee Cooper has a unique composition of customers, consisting of both retail and wholesale customers including municipalities, power agencies, and large industrial entities. The Pricing Report speaks to our mixture of customers as well as their associated pricing structures. In summary, Santee Cooper presents this Pricing Report to transparently describe and evaluate current and projected rates.
Pursuant to Section 58-31-740 of the South Carolina Code of Laws, effective January 1, 2022, Santee Cooper submits a Pricing Report to the Office of Regulatory Staff each year. After its review, the ORS issues comments on Santee Cooper’s Annual Pricing Report to the Authority’s Board of Directors and the Public Utility Review Committee. Both Santee Cooper’s Pricing Report and the comments received from ORS are below.