Utility will pay you for power


Protective Relay Training - Basic

Our customized live online or in‑person group training can be delivered to your staff at your location.

  • Live Online
  • 12 hours Instructor-led
  • Group Training Available
Regular Price:
$699
Coupon Price:
$599
Reserve Your Seat Today
Starting in October, Santee Cooper will buy excess power from customers who make electricity with solar panels and other generators in a bid to bolster its green energy offerings and silence criticism from environmentalists.

Under the approved plan, the state-owned utility will pay or credit between 3.2 cents and 5.7 cents for every kilowatt-hour that is fed back onto its grid from the 160,000 or so homes that buy Santee Cooper power. The company currently charges about 7 cents for every kilowatt-hour of electricity.

"We will actually be in the position to cut a customer a check," said Lonnie Carter, Santee Cooper's chief executive officer. The state's 24 electric cooperatives expect to have a similar program in place by the end of the year, according to Ron Calcaterra, CEO of the Central Electric Power Cooperative.

Santee Cooper and the cooperatives serve about 40 percent of the state. Santee Cooper's power-buying plan came just weeks after the state Public Service Commission ruled that Scana Corp. and other investor-owned utilities must accept power from customers and pay or credit them for it.

In recent years, lawmakers in some 40 states mandated programs similar to the one Santee Cooper approved. Nicholas Rigas, director of the South Carolina Institute for Energy Studies at Clemson University, said the deal, though environmentally progressive, is not sweet enough to sway a lot of people to generate solar or wind power.

"I personally applaud Santee Cooper for even doing such a thing because they certainly didn't have to," Rigas said. Under Santee Cooper's plan, pricing will vary based on its system-wide demand. For instance, a homeowner generating solar power on a hot summer day would be credited more for that electricity than on a cooler fall day when the grid is not being sapped by air conditioners.

From May through October, Santee Cooper customers will earn 5.7 cents for every kilowatt-hour they generate from 1-10 p.m. Monday through Friday and 3.6 cents per kilowatt-hour at all other times. On weekdays from November through April, backyard generators will garner 3.8 cents per kilowatt-hour from 6-10 a.m. and 3.2 cents for a kilowatt-hour at all other times. Santee Cooper also will charge $12.61 to cover billing and metering costs, as well as a variable fee to pay for power lines and distribution costs.

Ralph Stork, a Myrtle Beach resident and one-man lobby for solar energy, said the plan approved does not pay enough to induce homeowners to invest in renewable energy. He said "the bottom line" is that Santee Cooper does not want people to create their own power.

"You're playing in their sandbox, and they don't like it," Stork said. The utility, however, contended that the time-sensitive pricing would be more lucrative than a flat rate to those who generate their own electricity.

And Santee Cooper will try to encourage the purchase of home generation systems by offering interest-free loans.

"We are being more generous than some of the other utilities on this," Carter said. "I think we've taken every step we can within reason to encourage this to happen."

Still, the utility does not expect many customers to participate in the program. Only a few homeowners have expressed interest to date, and sizable solar power systems cost thousands of dollars. While it laid out plans to boost its renewable energy offerings, the Santee Cooper board reaffirmed its decision to build a new coal-burning power plant in Florence County.

Environmental watchdogs have threatened to sue the utility over the proposed project, which they call a dirty and costly choice. Santee Cooper argued that it needs a major new source of electricity to keep up with demand, and coal is still its best option.

"We plan six, eight, 10, 12 years in advance," said O.L. Thompson, the utility's chairman. "And the board has not lost sight of the direction we want to head."

Related News

Ottawa won't oppose halt to Site C work pending treaty rights challenge

Site C Dam Injunction signals Ottawa's neutrality while B.C. reviews a hydroelectric dam project on…
View more

Nissan accepting electricity from EVs as payment for parking

Nissan V2G Parking lets EV drivers pay with electricity via bidirectional charging at the Yokohama…
View more

Ontario Power Generation's Commitment to Small Modular Reactors

OPG Small Modular Reactors advance clean energy with advanced nuclear, baseload power, renewables integration, and…
View more

Parsing Ontario's electricity cost allocation

Ontario Global Adjustment and ICI balance hydro rates, renewable cost shift, and peak demand. Class…
View more

Electricity in Spain is 682.65% more expensive than the same day in 2020

Spain Electricity Prices surge to record highs as the wholesale market hits €339.84/MWh, driven by…
View more

Dubai Planning Large-Scale Solar Powered Hydrogen Production

Dubai Green Hydrogen advances electrolysis at the Mohammed Bin Rashid Al Maktoum Solar Park, with…
View more

Sign Up for Electricity Forum’s Newsletter

Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.

Electricity Today T&D Magazine Subscribe for FREE

Stay informed with the latest T&D policies and technologies.
  • Timely insights from industry experts
  • Practical solutions T&D engineers
  • Free access to every issue

Live Online & In-person Group Training

Advantages To Instructor-Led Training – Instructor-Led Course, Customized Training, Multiple Locations, Economical, CEU Credits, Course Discounts.

Request For Quotation

Whether you would prefer Live Online or In-Person instruction, our electrical training courses can be tailored to meet your company's specific requirements and delivered to your employees in one location or at various locations.