Press Release: South Carolina Energy Reform Bill Moves to Governor’s Desk Amid Controversy
COLUMBIA — The South Carolina Energy Security Act, a significant energy reform bill, is now poised for Governor Henry McMaster’s approval following intense negotiations and last-minute changes. At nearly 33,000 words, the legislation is one of the most extensive and intricate bills passed by the state legislature in recent years.
The Act aims to facilitate a collaborative initiative between state-owned Santee Cooper and Dominion Energy to convert a decommissioned coal-fired power plant in the Lowcountry to natural gas, addressing an impending energy shortfall amid the state’s growing industrial demand.
Supporters argue that the bill will streamline the regulatory review process for new energy projects, thereby reducing the time and costs associated with potential court challenges. However, significant changes have led to concerns from various stakeholders.
Initially passed in the House, the legislation faced scrutiny in the Senate, particularly regarding consumer protections and the absence of regulations on energy-intensive data centers. Following weeks of debate, the Senate approved a revised bill, with a notable reduction in consumer safeguards, sparking backlash from some lawmakers.
Critics, including Senate Majority Leader Shane Massey, argue the legislation could result in higher costs for residential ratepayers without adequate protections against utility rate hikes. Moreover, the removal of provisions regulating data centers created significant division, with some senators advocating for restrictions while others defended the industry’s potential economic benefits.
"This legislation could place an unfair burden on ratepayers," said Senator Tameika Isaac Devine, highlighting the lack of oversight over new economic development rates.
As the bill heads to the governor, the debate continues regarding its impact on consumers and the future of energy supply in South Carolina. Lawmakers and residents alike remain watchful of the potential implications of this sweeping reform.
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