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Rate Study

Santee Cooper’s Board of Directors approved on June 20, 2023, a recommendation by management to conduct a comprehensive rate study to address an anticipated revenue shortfall beginning in 2025. The study will include rates for residential, commercial, lighting, industrial and municipal customers, and management expects to make recommendations to the Board in June 2024, based on the study findings.

Santee Cooper will develop a process compliant with state law prior to proposing any new rates or adjustments to existing rates at the conclusion of the rate study. That process will be transparent and offer multiple opportunities for public review and input. This web page will be updated throughout the process and will include process milestones, customer input opportunities, any proposed rate adjustments, and public meeting dates, times and locations.

Santee Cooper’s current retail rates were set in 2015, following a rate study, public input process and Board approval, and implemented in two phases, in April 2016 and April 2017. Santee Cooper’s base rates have not changed in over six years, since April 2017.

Most Santee Cooper rates are frozen through Dec. 31, 2024, and no changes will be made to those rates during the rate freeze period.

Preliminary Rate Revision Timeline*

Rates Timeline