Business

Business

Three Things S.C. Consumers Should Do in the New Year

A new year means new beginnings and the opportunity to improve! The South Carolina Department of Consumer Affairs (SCDCA) is encouraging South Carolina consumers to make a New Year’s resolution to become more financially fit. As with physical fitness, financial fitness is a long-term process. The following tips will help consumers be savvier in ‘16. 1.     Make a budget. Write […]

Business

Santee Cooper Increases Spill Rate at Santee Spillway

MONCKS CORNER, S.C. — Santee Cooper announced Monday that it is increasing its rate of spill from the Santee Spillway at the Santee Dam on Lake Marion to 97,000 cubic feet of water per second (cfs) — or approximately 725,000 gallons of water per second. Prolonged rainfall throughout its watershed, combined with spilling operations from upstream reservoirs, has brought increased […]

Business

Board Authorizes Santee Cooper to Execute New Contract with Century Aluminum

MONCKS CORNER, S.C. – The Santee Cooper Board of Directors today authorized management to execute a new power supply contract with Century Aluminum Co., to be effective Jan. 1, 2016. The three-year contract provides that Santee Cooper will deliver 100 percent of the Mt. Holly plant’s electric needs. Beginning Feb. 1, 2016, Santee Cooper will provide 50 megawatts (MWs) from […]

Business

Berkeley County to Build Job Webpage for 300 Century Employees Let Go

BERKELEY COUNTY, S.C.–Berkeley County Supervisor Bill Peagler announced Monday that Berkeley County will build an online job resource page, following Century Aluminum’s announcement that 300 employees will be let go this week. “While I am grateful that Century Aluminum and Santee Cooper were able to reach an agreement last week to save hundreds of jobs, I do understand that many folks […]

Business

Santee Cooper Announces New Deal with Century Aluminum

MONCKS CORNER, S.C. – Santee Cooper officials announced today that Century Aluminum Co. has accepted a deal in principle regarding power supply to the Mt. Holly plant. The agreement is subject to approval by each organization’s board of directors. The deal would provide a new, three-year power contract through which Santee Cooper will deliver 100 percent of the Mt. Holly […]

Business

Santee Cooper Board Approves Two-Year Rate Increase

BERKELEY COUNTY, S.C.–The Santee Cooper Board of Directors authorized today a two-year rate adjustment for customers in 2016 and 2017 with an average annual increase between the two adjustments of approximately 3.7 percent. The board took no action on a proposed 2018 rate adjustment. Based on customer comments and management recommendations, the board approved minor modifications to the original rate […]

Business

Falling Gas Prices Help Fuel SC’s Year-End Holiday Travel to Record Numbers

A record number of South Carolinians – nearly 1,394,000 will travel 50 miles or more for the Christmas/New Year’s holiday, according to AAA Carolinas. The record number represents an increase of 19,000 compared to last year.  Approximately 1,255,000, or 90% of total travelers, plan to drive to their destination. “Falling gas prices will lead to more South Carolinians traveling to […]

Business

Gerber to Pay Fee in Lieu of Taxes in Berkeley County

BERKELEY COUNTY, S.C.—On Monday night, Berkeley County Council passed an ordinance authorizing the execution and delivery of a fee in lieu of a tax as part of an incentive agreement between Berkeley County government and Gerber Childrenswear LLC. Under the ordinance, the county agrees to accept certain negotiated fees in place of ad valorem taxes with respect to the establishment […]

Business

Goose Creek Wayback Burgers Announces ‘Grand Opening’ Burger Bash

BERKELEY COUNTY, S.C.– Wayback Burgers, serving delicious, fresh, never frozen burgers and hand-dipped milkshakes amidst an atmosphere reminiscent of a hometown burger joint, today announced that the official grand opening burger bash for its Summerville restaurant,  located at 618 Bacons Bridge Road, and its Goose Creek restaurant, located at 1741 Red Bank Road (near the Navy Exchange), will take place […]