State Lawmakers Make First Moves For Possible Sale of Santee Cooper

Mar 22, 2019

Credit Santee Cooper

After months of discussion about Santee Cooper, the SC General Assembly this week took the first official actions that could lead to the eventual sale of the state-owned utility.

The State House of Representatives and Senate are considering Joint Resolutions that would begin a process to sell Santee Cooper which is burdened by an enormous debt incurred from the collapse of the giant V.C. Summer Nuclear Project in 2017.