Sub-committees of the SC House Labor Commerce and Industry Committee and the SC Senate Judiciary Committee published notice Monday that hearings would be held this week for the companion bills to amend the rules by which electrical cooperatives may contract for power.
It is extremely unusual for sub-committee hearings to be announced on Monday and held on Wednesday and Thursday of the same week of announcement.
It is not surprising in this case, however, as officials and directors of the state’s electric cooperatives are currently in Nashville, Tennessee for the annual conference of the National Rural Electric Cooperative Association,. The Senate sub-committee hearing for the bill sponsored by Horry County Sen. Luke Rankin is scheduled for Wednesday March 8, 2023 with House sub-committee hearing for the companion bill sponsored by Horry County Rep. Heather Crawford scheduled for Thursday March 9, 2023. The national conference is scheduled to run through March 8, 2023.
The general consensus among electric cooperative officials and their customers is the purpose of these bills is to force the co-ops to purchase their power from state owned Santee Cooper regardless of price. The bills require the co-ops to submit any proposed contracts for the purchase of power for approval from the Joint Bond Review Committee, the Public Utilities Review Committee and the Public Service Commission.