SC Legislature sets deadline to vote on future of Santee Cooper next year
COLUMBIA — The S.C. Legislature will determine the fate of Santee Cooper and plot the future for hundreds of thousands of electric customers by the middle of next year.
Lawmakers in the House and Senate agreed Tuesday to a timeline for reviewing final purchase offers and management proposals for the state-run utility.
The agreement requires the Department of Administration — the state’s procurement agency — to solicit bids from outside companies and to present the top proposals to lawmakers between January and March of next year.
It will then be up to the state’s 170 legislators to decide if South Carolina offloads the public utility, hires another company to manage it or continues to run Santee Cooper under state control.
Read more: https://www.postandcourier.com/news/sc-legislature-sets-deadline-to-vote-on-future-of-santee/article_e2b23b72-7be2-11e9-8a95-777ae775937c.html
(Charleston Post and Courier)