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10 Things You Didn’t Know About Myrtle Beach

Planning a trip to Myrtle Beach? Here are a few fun Myrtle Beach facts you might not know!

1. Myrtle Beach is an island! It was man made and has been separated from the mainland by the Intracoastal Waterway since 1936.

 

2. The area has more than 100 golf courses, claiming to be the “golf capital of the world.”

3. Myrtle Beach is also the “mini-golf capital of the world” with more mini-golf courses per square mile than anywhere else in the world.

4. Sports Illustrated was founded in Myrtle Beach in 1954.

5. Myrtle Beach State Park was the first state park in South Carolina.

6. Myrtle Beach is home to one of the tallest ferris wheels in the country, the Myrtle Beach SkyWheel.

 


 

7. The popular swing dance known as the “Shag” was born along these beaches in the 1940s.

8. Myrtle Beach is one of America’s top vacation destinations.

 

 

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Nothing finer than a beach day in January! #myrtlebeach #beachday #amazingweather #paradise

A post shared by MyrtleBeach.com (@officialmyrtlebeach) on Jan 3, 2020 at 11:50am PST


 

9. The beach town is named after the Sweet Myrtle Tree, a native tree to the area.

10. The Waccamaw and Winyah American Indian tribes were the first people to live in the area.

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Santee Cooper Class Action Lawsuit

A Small Win For Santee Cooper Direct-Serve And Electrical Cooperative Customers

While Santee Cooper’s millions of direct-serve and electrical cooperative customers await a decision from lawmakers on the future of the state-owned utility, a trial date has been set for the ongoing lawsuit between Santee Cooper and its customers.

Last week, former South Carolina Supreme Court Chief Justice, special Judge Jean Toal, set the trial date for April 20.

The decision was a significant blow to debt-riddled Santee Cooper, which will now give lawyers representing the millions of Santee Cooper customers time to go through tens of thousands of documents that were turned over by Santee Cooper just one day before the trial date was set.

Santee Cooper customers filed the lawsuit in August 2017 seeking refunds for the millions they had already paid and to put an end to the continual payments they were being charged for the failed V.C. Summer project.

For years, customers have paid extra fees on their monthly bills.  Santee Cooper spent approximately $4.7 billion on the failed nuclear project and rely only on their customers to pay the company’s debt.

It was just last month that U.S. Judge Terry Wooten sent the lawsuit back to state court to be heard by special Judge Jean Toal.

Judge Toal’s decision also allowed the case to become a class-action lawsuit allowing for many more people to be able to seek refunds. Also in her decision, Judge Toal did not limit the potential monetary penalties and suggested that Santee Cooper should find a way to settle the case so that a trial could be avoided.

Meanwhile, Santee Cooper continues to rack up legal fees to fight back, adding even more to the billions of debt already owed and being paid by its customers.

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santee cooper discussions 2020

Discussions About Santee Cooper Continue

Featured Image: Charleston City Paper

We’re two weeks into South Carolina’s 2020 legislative session and the talk around what to do with state-owned Santee Cooper continues.

The latest to speak out on the issue is founder and CEO of the Gullah Geechee Chamber of Commerce, Marilyn Hemingway, who was reported saying “Santee Cooper has forgotten its mission of providing low-cost services”, by The Chronicle.

During her interview, Hemingway referenced both the $250 million loss in 2009 after the state-owned utility pulled the plug on the Pee-Dee coal plant before construction finished as well as the billions of dollars wasted during the 2017 abandonment of the V.C. Summer project.

Furthering her point, she alluded to the millions of dollars spent in legal fees after these projects and the newly appointed executives who are paid more than any other state agency, $2.4 million annually.

On top of the overwhelming amount of evidence that points to the wasteful spending, Governor McMaster’s office released a statement stating “Paying off Santee Cooper’s debt will cost direct-serve customers in Horry, Georgetown, and Berkeley counties about $6,200 per household. It will cost customers of the 20 electric cooperatives who distribute Santee Cooper’s power about $4,200 per household.”

The statement left many confused after hearing from Santee Cooper this summer that it would be freezing rates. However, the latest move from Santee Cooper points to this claim as ringing false. The state-owned utility recently filed a motion to stop any reference to future rate hikes during their current class-action lawsuit, hoping to keep jury members in the dark. Critics say the move is similar to Santee Cooper’s lack of transparency during the V.C. Summer fiasco, which also kept ratepayers in the dark.

As lawmakers look at the proposals put in front of them, South Carolina residents, like Hemingway, are recognizing the inevitability of rate hikes if no change is made.

The statement released by Governor McMaster’s office continues by stating the “Governor instructed each of the interested purchasers that they will not consider any proposal which saddles the ratepayers or taxpayers with any of Santee Cooper’s $4.3 billion nuclear construction debt” and that they must provide the state with the best solution possible, one which protects ratepayers while recognizing the valuable contributions of current and former employees of Santee Cooper.”

It is unclear what lawmakers will decide to do with the state-owned utility; however, it is clear that millions of South Carolinians are at risk of increased utility rates and may not even know not it.

Hemingway concluded:  “From our point of view, we should start over.  Now is the time for South Carolina to show some leadership.”

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South Carolina Lawmakers Issues Santee Cooper and Education

South Carolina Lawmakers Return – Here Are Two Issues You Should Be Watching

Featured Image Source: Andrew Whitaker, Post & Courier

South Carolina lawmakers returned to the State House last week, kicking off the 2020 legislative session. All eyes are on two hot topics this year: education and Santee Cooper.

Last year, both were said to be a top priority of lawmakers but have found their way rolling into the new year with no clear future.

During the 2019 legislative session, the House passed a massive bill including a complete overhaul of our state’s education system, but the bill spent the remainder of the session being torn apart and dissected by state senators.

Meanwhile, Santee Cooper’s future has been up in the air for far too long while lawmakers go back and forth on what to do with the debt-riddled state-owned utility.

Lawmakers have once again named both issues a top priority this year, and it won’t take long to see if this holds true.

Sometime in the upcoming session, legislators will receive three bids for state-owned Santee Cooper – one a reform plan from Santee Cooper itself, one from a company that would manage the utility, and one from a privately-owned utility that would purchase Santee Cooper.

While supporters from all sides have come forward, lawmakers have a difficult decision to make. They must make sure they choose an option that will protect the millions of people who get their power and water from Santee Cooper and all South Carolina taxpayers.

Since the public was made aware of Santee Cooper’s billions of dollars of debt, many have expressed their concerns over rising electric rates, talk of a taxpayer bailout, and the responsibility of the debt falling on the shoulders of customers.

Palmetto Promise Institute, an organization dedicated to promoting a “free and flourishing South Carolina” and a strong supporter of selling Santee Cooper, stated the only way for South Carolina residents to avoid costs related to Santee Cooper’s debt is a sale.

Experts have found that a sale would allow a write-down of Santee Cooper’s $4 billion in nuclear debt. According to the report, “Over time, that $4 billion could double as interest is charged to customers.”

While lawmakers try to figure out the best way to deal with state-owned Santee Cooper’s debt, they’ll also have to keep in mind the tens of thousands of teachers who are looking for raises, resources and help, and the money it will take for education reform.

All eyes are on our lawmakers now as two major decisions need to be made, quickly.

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Santee Cooper residents thoughts

Local Residents Give Their Thoughts On Santee Cooper

South Carolina residents and lawmakers are gearing up for the state’s 2020 legislative session beginning in January and the many hot-button issues that are up for debate this year.

One of the issues at top of mind is that of Santee Cooper.

In January, lawmakers will review recommendations for the state-owned utility, and make a decision on the future of the debt-riddled utility company.

With billions of dollars of debt that customers could be on the hook for, many customers are expressing their concern.

Letters To The Editor

Santee Cooper Bailout? – South Strand News

“Santee Cooper is again proving it’s an unaccountable state agency operating in the shadows. For years, the state-owned utility has promised that South Carolina taxpayers won’t have to bear the burden of the nuclear debt. So much so that one of its “Facts are Facts” blog posts is titled “Taxpayers Are Not Responsible For Our Debt.” To quote the post, “FACT: Our debt will be paid off through our revenues, and not by tax dollars.” Lies. Last month Santee Cooper filed a lawsuit against the SC State Fiscal Accountability Authority and the SC Insurance Reserve Fund in an effort to recover the money it lost in the V.C. Summer nuclear fiasco. Both are state agencies. So that means Santee Cooper is seeking a bailout from the state, plain and simple. Many have suspected that this would happen. Santee Cooper kept denying it. The truth always comes out. Santee Cooper can’t fix itself and will have to depend on taxpayers to dig itself out.” 

– Lee Padgett, Georgetown 

Letter To The Editor: Santee Cooper – Charleston Chronicle

“Since 2012, Santee Cooper, the state-owned and largest utility, has increased rates by 15% to build the VC Summer nuclear plant that ultimately failed. The immediate impact felt by laid-off workers and the local rural community was horrendous enough but the fall-out will continue for years to come because of the lingering debt of $10 billion. Rates are expected to increase unless major changes take place.

This is a real negative impact on low-income, marginalized communities where regular, everyday folks working 2-3 jobs, lack transportation make real-life decisions about keeping the lights on. Santee Cooper is conducting a getting to “know the CEO” tour of our state with “movers and shakers” but where is the concern for those folks who can’t afford the admission fee for private receptions or closed forums.”

– Marilyn Hemingway, Charleston

Easy Choice On Santee Cooper – South Strand News

“Now is the perfect opportunity for legislators on both sides of the aisle to sell failed utility Santee Cooper and protect ratepayers from skyrocketing rates.”

– Thomas Herron, Myrtle Beach

Santee Cooper Needs To Be Honest With Ratepayers – Summerville Journal Scene

“Santee Cooper is at it again, trying to pull the wool over all of our eyes. The new executives are trying very hard to make you believe they can pay down the $7 billion-plus of debt without raising rates. A few weeks ago they said they’ve got enough money on hand to start paying down the debt. In that same announcement, they said they are also going to freeze rates for the next five years.”

– Claire Robinson, Columbia

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Broadway at the Beach Tree Lighting

It’s Lit At The 25th Annual Broadway At The Beach Tree Lighting Celebration

For 25 years, people have welcomed in the holiday season by attending the Broadway at the Beach Tree Lighting.

And whether it’s your first time attending the event or you’re a regular every year, it’s that time of year again. Hosted by local meteorologist Ed Piotrowski, the Broadway at the Beach Tree Lighting is Friday, November 22nd from 6-9 pm. During the event, you can head down to the center court for live music and performances from Legends in Concert, the Carolina Freestyle Cloggers, and more and browse holiday-themed offerings from local shops and restaurants. The best part – Santa Claus will be in attendance.

Then, after the tree lighting at 8, make sure to get a good spot for the fireworks show.

Don’t miss the chance to have some festive fun and get into the holiday spirit.

Learn more about the event, here.

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Grand Strand Resident Speak Up On Santee Cooper

Featured Image: Post and Courier

Last summer, the state Department of Administration began the process of accepting bids to buy or manage some or all of Santee Cooper. State lawmakers will be deciding on what to do with the debt-riddled, state-owned utility as soon as January 15. In response, Santee Cooper released its business forecast and newest set of initiatives in what the utility claims to be an effort to pay down the debt without increasing customer’s rates.

Before this forecast was publically released, it was leaked that Santee Cooper was in talks with Georgia based Southern Company in a cost-sharing agreement. Lawmakers and the governer’s office quickly shot down any chance of this plan happening, even threatening to remove board members that voted in favor of the plan.

Santee Cooper quickly abandoned the plan and announced the most recent business forecast including a five-year rate freeze after saying for months rates would increase by at least 7 percent to pay back the more than $7 billion of debt the utility faces, $4 billion of it from the failed V.C. Summer project.

Wayne Mershan, a Murrells Inlet resident, wrote to the South Strand News regarding the forecast’s plan to move to solar and natural gas energy sources. While Mershon acknowledges the need for a transition to solar and natural gas he asks, “How will it be possible to make these necessary improvements when it has over $7 billion in debt? How are they going to accomplish their sustainability goals and get out of debt at the same time without raising rates again?”

It is clear residents are suspicious of how valid Santee Cooper’s most recent forecast actually is. A forecast that includes a five-year rate freeze and a transition to more sustainable energy sources, all while being able to pay down the debt.

This set of initiatives is leaving customers and South Carolina residents wondering, what will happen to rates after five years? Who will pay for these transitions to solar and natural gas considering the infrastructure is not currently in place? And, what will happen to the debt while all of these transitions are taking place?

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Santee Cooper’s Largest Customer Urges They Were Powerless Throughout the V.C. Summer Project

Santee Cooper’s largest customer, the electrical coops that buy three-fifths of Santee Cooper’s power which gets distributed to their customers across the state of South Carolina, is suing the state-owned utility. While the coops are by far the agency’s largest customer, a 38-page claim filed in August works to show that Santee Cooper actively kept the problems of the V.C. Summer construction hidden from the coops.

The project left Santee Cooper billions of dollars in debt. To pay off this debt, the burden falls onto both the state-owned utilities’ direct serve and co-op customers. The 20 co-ops who purchase power from the utility are suing to stop Santee Cooper from charging their customers any more for the debt.

The coops attorney in the case explained, “The emails, letters, etc.described above tell the indisputable story of a project beset almost from the beginning with myriad fundamental, entrenched problems that led inexorably to major delays and cost overruns,” the co-ops’ attorney, Frank Ellerbe, wrote in the filing. “Yet, it was a story Santee Cooper kept largely to itself.”

The coops claim to be powerless throughout the construction process of the nuclear reactors and in turn, should not be held responsible for the debt Santee Cooper faces for their failures. While success for the coops will save millions of customers from having to pay off the debt, there are still a lot of questions left unanswered.

If Santee Cooper is blocked from increasing the coop rates, what will happen to the debt and how will it be paid?