Santee Electric Cooperative, Inc. an electric utility
cooperative organized and existing under the laws of the state of
South Carolina and as such is able to take advantage of the South
Carolina Rural Development Act of 1996.
This act allows Santee Electric Cooperative to apply for a
credit against its tax liability for amounts paid in cash, to
provide infrastructure for qualifying industrial and distribution
projects. Some examples of how these funds may be utilized
- Construction of roads.
- Construction of water and/or sewer lines.
- Installation and improvement of water and pump systems.
- Construction of turning lanes and deceleration lanes to an
- Construction of natural gas pipelines.
The cooperative may also contribute funds from other sources for
the construction of facilities associated with a specific project,
as well as provide financial assistance for the development of
feasibility studies, environmental assessments and land use
In all instances, qualification for such incentives is weighed
against the number of jobs created, the capital investment, the
demand for electricity, and a contract for electrical service from
Santee Electric Cooperative has been secured.
Power System Components and Reliability
Santee Electric Cooperative is part of the South Carolina
Power Team. This team includes the South Carolina Public Service
Authority (Santee Cooper) as the electric generating utility and
Central Electric Power Cooperative as the transmission company.
Working together, this power team has built an unbeatable
combination of affordable power, reliability and customer service
to benefit our member-owners, and offers the largest power delivery
system in South Carolina, combined with the local service to
respond to all of your power needs.
Santee Electric Cooperative serves large industrial and
distribution accounts on its Cost of Service Schedule for large
industrial power service. This rate incorporates the billing
determinants of the wholesale power rate P1 or IL-4. This rate is a
"cost of service" rate which essentially allows the customer to
purchase capacity and energy at wholesale prices. The IL-4 rate is
designed for very large customers served directly off the bulk
transmission system by a sub-station built exclusively for the
single customer's use. The P1 rate is designed for somewhat smaller
industrial or distribution members who are served through an
Santee Electric Cooperative offers two significant power
cost savings to reduce the demand related charges for large
industrial and distribution members.
- Determination of Billing Demand. Unlike other electric
utilities, Santee Electric Cooperative uses a unique method to
measure actual demand for billing, which will save the large power
consumer between 10-15% on demand related costs.
- Time of Demand Measurement. The actual demand of a large power
user is not measured at the actual highest peak demand, but is
measured at our cooperative combined system peak. Consequently, the
large power user has the means to minimize power costs by
internally managing electrical demand during the co-incidental