ML20073F509
| ML20073F509 | |
| Person / Time | |
|---|---|
| Site: | Summer  |
| Issue date: | 12/31/1990 |
| From: | Ford K, Rainey J SANTEE COOPER |
| To: | |
| Shared Package | |
| ML20073F400 | List: |
| References | |
| NUDOCS 9105020278 | |
| Download: ML20073F509 (68) | |
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CorporateStatistics _
Calendar Vaar 1990 1989 1988 1987 1986 Tural lluhty Plante Net locludmg Nude ar f oci (at yt r end) On thousamb of dollars) 1,786.059 1,761,109 1,73L788 1.747.0,'._l 1,741672 ibnded Indebtednea (at year end) On thousand, of dallan) -
1,937,72) IS50,f 65 . 1,(X6307 1fX4,110 1,965J)55 Operating Revenues On thousands of dol!an)
Raidential 54.356 55236 Si7fo 54242 50.186 Onnmercial 56,1;6 %039 51931 52 9 ) 50,N3 hibhc Sireell.lghting & Other 1,90) 1001 1.914 1,ffn IM Indmtnal 1h2.662 181453 178,340 161.003 1%342 Wholesale 252,988 254M9 212363 .211,671 211,592
%scellaneous 5,914 5216 4hio 4,430 4,%6 Total 551980 %4.7W s&Unx. 4 % 529
_.... _ -__ ..-._. _ _ . _ . - - _ _._ _. _ . _ _ . - .. _._ . .__ ,_.,_ _.. 4715.'._3 Operaung & Maintenance Expenses Charged to 0perauons On thou:.amb of dollar 9 341,743 342W) 2 % 109 279.927 2(6243 Payments in 1.ico of Taxes durgn! to 0perations On thousamb of dollars) 1926 3A49 11% 2h)0 2310 Payments ts the Staw diarged to Ramested 1:arnings On thomanth of dollan) 5.629 5.366 b)I_ . _ . _ 2.506 . _ . _ . . - .1,951 Net Operatmg kommes Avadable for Ikht Senice (in thousands of dollan) 231179 23i,147 231136 22S180 230.193 4 Reinvested Larnings du thousamb of dollan) 90JK)I 43 492 44259 ,
40.773 39,0 5
~ .
ikbt Senice Onerage-Pnority Obhgauon & Exl*ansion Piomb i 60 1 62 l10 1.56 1.53 Lhmanhnur Sales On thousamb) '
ltesidentul 900,626 861026 &l0,387 821.247 771593 Omunerci.d 1,027,319 97691 959D) 917mi 861871 Public Street I.ighnng & Other 34,939 35,180 32,318 29.o'7 29.956 Indmtrial 5.533,130 5.196.833 53M795 5'81 06 5.070,7i6
'yholesale 6,052,241 6241916 5,058 3 58 4,751 A94 4 432.702 Toul 11i48,255 11321,4;9 12J)0347 II,803h29 .'11,170,878 Number of Customers (at) var end)
Reider,J ~74,922 70A97 70,881 673)98 M.916
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Onnmercial l4,950 14.759 14 # 8 143Si 11988 Pubhc $treet1ighting & Other 298 286 305 joi 3M Industnal , 32 34 30 30 ' 29 wholaale 6 6 5 4 4 Total .
90,208 85,% 2 85W) 82hil 79.271 s Resident al Staustics (average) hi!owatthour
- Ginsump&wCo.stomer 12,071 11,88i ll,918 12,138 12,100 CentpKdowatthour 6N 6A0 6A0 6 60 6:49 Cesrating Capahifny (at year end) (meganus) 2,780 1780 2,780 1780 2,7S0 Power Requirunents and Supply (kilowanhours in nulhom)
Generanom thdro 548 545 M 511 328 Steam i1,006 11.152 10.592 93)S8 8429 CombmtionTurbine . 3 22 9 (I) -
Nuclear , 2,031 11401 140 1,713 2,382 Totd 115h8 11520 12,661 12211 11339 Purgha3cs NetInterchanges,Etc. 485 373 199 bb 195 Total 14,073 IM93 11760 11297 !!.534 Territorial Peakikmand Onegawari) 2,508 1707 2 263 2.160 2.123 h
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IMAGE EVALUATION &
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'*O,p ' d,433* IMAGE EVALUATION //7/j/ [i,S Tes11Aaoer(mi-3) e p qp9 c' ,
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S h to Electr_ic Co ops _, _, $?25.200_39 04j.
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_ _;182;662 31 67 %
r Pi / 'i. Commerci,al la!ss ,, _ 56 150 _ 9 733 h; ;y,t, -
j -;I !jfy( pgw 6 fRN), - ~ -
Residential tales
, ?;l3 $y 9pty ". "..~__~. 0thst Saleit. or.54Resais.'_~'~_.
356~ 9 42 .
-_'.l. . O,.88-,.".4'52. 5
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- 3 p'i-; yC y ' ;9Mg, 'Mf ' ~~ . _ .. Dther Income _ , _
- , 22.872 _ 3 3 % _
= .lfD 0 m ,_ ,_ . ,_.0thet Electrtc Revenue _ _. . _5 91.4_j 03%
,s Public Street Lighting & Other IMI ._33%
Source ofincome;
'In th0%1nds t
l
$MWi"2gv
! $'ik d$ k -. _Juct and Purchased Powef,.__
% MJ Mh MO,bW,3a.. laterest_ _ ___ _140419 24 36$215,188. % < 37 30%
Operatina and Maintenance ____126 555 2194.%,
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__R.etirement_of Debt _,
, Payment to State __, Additions _
_6 029, to riant, inventories, etc ,40.65 37 378 6 48jy
_,.98% ,
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a_ Ives inllev 1.930 33 %
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'7 ' Distribution ofIncome *
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am 4 , 1990 : 1989 1990 -1989 g Average; .. Average a ResidentialConsumption llesidentialCost
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[ ComparativeHighlights .
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Qdendarlear -
17X) l%9 4 GLUll'S
_ . , . . _ _ . _ . . - - . _ . . - . _ _. - . - - _ - . . _ t ..
e e FINANCIAL 11hbeM HaN
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Mtd lk%UntK58100)Ric $i76,852 $53214 -0 i TCd thNro & li6 test 01arp 563,378 %Bl5 0..'
Ons to be ihnntred from l'uture lernue 26,527 $793 7.9 '
+
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ikW D uity l Pao '7 M 3 782.! ' ,-
STATISTICAL . +
ONkh '
. . . . . _ _ _ . - . _ . ,.1._.. . . _ _ _ _ . - _ _ , . _ . , . _- . __
A6Tay's A.tinttd 1(ciderikd Gmsunt} ton Wilj i2,07l 11M
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EnetyySale(MWlO 13M8,255 , 13,321AW l.7
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lhecutive Report I
r 19Ahsill le rememlered as a iutt that brought dnunatic changes :uxl challenges relating to energt, economics, :uwt the envirotu nent An nal forces from around the worki were juixxl in the Middle l':bt, prepared to lay their lives On die line to hallle t)Tany :uxl unprovoked aggression.
(herextendal fmancial insatutions continual to struggle and falter Unemployment incrutcl. falend
~
funding for state and local prognuns shnvelal, and ,
_ . _ _ _ ,crado m m , , . .
environmentd concern escalatal over issues such as '. ..
[
{lolKd WaDUiny,3Cid Clin, and ekCe[roWayne(Ic -
M ,
h,g Santee 0gwr did not go tudcathal We enteral .
e from wound 3 delisered by llurnctne lluga lloweser.
we retunal our economic strength andI rrsonal m uw. .e opumism eh enaM us to amunne our gmwth. m:entnn our rat Womdimpmveout smice. This fonvard momentum was energizal by major corporate conu nitments to continually improw management etTectiveness, operating efilciency :uxi customer service, as well a3 to incrade public awareness of Santee O n1rr on a statewid, basis implicit within thev: commitments was our delication to accomplish our mission with a strong e,ense of environmentd awareness, sensibil$ and responsibility While South Qu olina is experiencing some of the nation's economic woes, growth and relauve economic stdiility have continual throughout the Santw Onper senice area Indtotrial development and esgudion have brought new jobs. 'Iburism has maintained its hadthy poition as the state's second l
largest industry thninens has rem;dned stmle s
im im im im im im im - im im im 3 000 ,pn-wy +ge ypm r 3M, - m - +
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3.12) ~ . I 160 t ftJ t 707 3.604 ! M6 !9% ! M5 tN i MS Peak Demand Capacity e % ,s l
Ibpite what was [wrceival as the first rippks of an economic recession and tudetmaably mild wrather during summer and winter peak demand perials, new reconts were achioul in puer generated and soki and ettstomers served Although gnos retnus declinal due to a number of factom kilowatthour GM10 sales of electricity increded 1.7 percent lutk demand for patr on the other hand, dropped 7A percent, as a mild Ikcember 1990 was no match for the very coldi triod of lme ikcember 1989.
These records and trends of 1990 further validatal the recommendation in Santee coper's 1989 laid forecast by Stone and \Eter.1his recommendation cdlal for construction of a second unit at the Cross Genentting Station that they and Santee Guper concluded would be the most cost-ellicient metlux! of meeting the projected increased powtr dem:uxis by 199i l
hhmy of the decisions made in 1990 by the lutrd of directom upon m:untgement's reconunendations, will drise this utihty into the ne.st century These decisions are emtulied in tuard resolutions not only authorizing new generating construction, but also a nov lond indenture to pmvide financial supp)rt to this construction prognun. lhe selection of Gilbery0)mmonwethh as the architect, engineer, and construction mamtger, as well as the awardmg of major contracts to Rister Wheeler Energy Q)rinnt! ion for construction of the steam genenttor and to Genend Electic Emironmental Sptems for the flue gas desulfurization sptem were also major corporate decisions madc during theyear.
-6 l.
___ - =- -
- OPER ATIONS 1r>ing hard to forget the exltrience and aftenuath of flurricane llugo, Santw Qqrr personnel respondahith an energy and detennination that is a compliment to their character and spirit of teamwurk 0)nsideraNe wurk remainal to be done. Line had to be rebuilt and reinforcal. Buiklings had to be pitched and repdral lhotccuids of acre of forest lands hal to it clearnt of debris.
. Itananent fixes had to be made.1he imgtet of dntstic emiront utal changes had to be acktrtmit
. are proud of the iron like resche ofempkiyus, whose e! Torts in ptr 'ing and working together folkming the afternuth of flurricane llugo have attrial forward in nuking this an outstanding )ntr Employas haw also done an excellent job in bokling operating costs to a minimum while pmviding the high reliability of senice to our customers ENERGY Net energy saks totalkd appmximately 13.5 billion kilowanhours ($11) of electricity an increase oionly 2263 million more mil than last >ctr. Iktk demand for the year reachal 2,508,000 kW compared to 2,707000 kW in 1989. fleating degree days for the year were down .%5 percent fmm 1989 and emling degree days increasal 73 percent in ternts of energy consumption, this reprtsents h1 creases of 4.4_ percent by residential customers,5.2 percent tI;f] {
n;w[ ff nm \ -
by commercial customers, and 6.5 percent by industrial 3p ,Q Mayg +
- ylld may customers. Usage for rtsale which includts omtral Electric ';il 4
- #
4 -
M.
IWer Onperative, Inc. and the municiptlities ofikuuberg yJ - f , )] Q@iQ p.. va-and Georgetown and olT system sales to North Qtrolina as i
g m g
y j
m Eastern Municipal Ibwer Agency and Mrginia Ibwer .
Compmy declined 3.2 percent Growth in our number of d: , a , L 3 customers was steady A total of 4,425 residential and 191 Rates commercial customers was added, which represents Ff* Q y $'"',",*(('l
iricreases of 6.3 and 1.3 percent, respectively 7
t I ECONOMIC DEVELOPMENT-These continue to be exciting times for economic darlopment in the arets of South Qtrolina serwd by Santee Quper p>wer. Our major success in industrial growth is occurring primarily through -
the efTorts of P.tlnietto Econontie D6tlopulent Q)rponttion (PElC), die }oint tintrketing orgiuti72ttion which represents Santee Gioler and Gaitnt! Electric Iwer Q operatiw, Inc. 0 ntnd is S:ultw Quper's largest customer and is made tip of 15 of the state's 20 electric cooperatives,3ening more th:ut 325,000 Customers.
Opentting costs of PEIC are sharal by both organizationsz in addition, Santw Quper prosides S2 million pel )utr through its economic detlopment investment fund to help the organir.ition darlop industrial ptrks and infnistructures in the electric cmperatiw senice areas.
During the ptst >utr,12 industrial firms announced new facilities within the electric cooperative senice tuut, and two Igtn operations. Those announcements represent future capital investments in excess of $214 million and 1$0 new job opp)rtunities. In addition, satral majar conunercial ,
enterprises with signific:uit inYtstments and job crattion potential began opentlions or announcal plans for kiciting in
% y- m m , - w ,w. r-- ,u the electric cooperattw senice :uuts, a
-,i .. . ) ll FINANCE
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-2 This has beeri a goo (l )utt btit not a record settilig yutt firunicially Salitee Onper's lower untn projected bottom line
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'O
% y, exllerienCal dlrolighotit otir senice aret diiritig tlie past 12 r%/h- em, Xig q
g months. Wal revenues were $576,352,000, almut four tenths
= 5MN;h( *$Ns M
%s@ $bg [ ofoneltreentlessduinlast>utr.
M h;d exIicases and interest charges were $563378,0(R a
- i u. - 1. i m i. -
!. Coal Od ' Nudear . Gas I.
w as deCiciseofidX)ut(Wo te!1thsofonepercentconiptredto 1989.
Fuel Generating Cost
""*""*"'~
Fuel and purchased power expenses declinal 4 percent fmm 1989 as a result of a more favorable generation mi.umd u
8
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kutuse of some contingencis recorded in 1989 as a result of contract disputes. This decline was oftwt L by a 3 percent incretse in other functional muts. i in addition, depn ciation expense decretsal due to a change in tiie senice life of Y C Sununer
- Nuclear Station from 30 to 40 )uus. Interest exlrnses increaml alnut eight. tenths of one percent hutuse of th&mnce of $70 million in additiomtl commercial stlrt and the issuance of $21 million of19mtlundsin Septemler 1990.
Otsts to tr reantral from future retnue totalal $26,527,000, an 8 percent decline compuul to t 1989. This decline was a result of additional principal maturities and change in depntiation expense.
As a result reimtstal etmings were $40,001,000, down 8 percent from hst ) tar.
. Santee Qiolrr's fmancial stability was utlidated with A bond ratings under the new lund resolution from loth hkuly's and Stuxiani & lbor's. Our ratings of A 1/A+ on our exputsion loads were maintainal. In addition, the comptny's ratings for commercial paJrr was maintainal at P- 1/A- 1, which are the nighest for any utility in the nation:
- Santee Coolrr mini lunds were in high demand by custonien and South Qtrolina citizens, w ho imtsted in more than $21 million of the 1990 issues. 0str the tlutv >utt perial fmm 1988 through 19)0, the total investment in mini lunds has been more tluta $55 million.
The Authority expects to fmance the construction of the second unit at Cnm Generating Station, and its general imprmtment progran mer the next sovn }ttrs through rotntus from the Authority's
- system, restnue lunds issued punuant to the prousions of the Retnue Ikal Reolution mxt notes jtinior to the :uratie luxis. financing for the second tmit at Crms is to begin in the spring of ly)l.
While cmts have incretsal in many areas, Smitee Onper continues to panide the knvest cost electricity in the sttte and does not anticiptte any rate adjustments until the debt senice begins oii Cnm
' Unit 1in 1911or 199i:
ENVIRONMENT
." Protection and impnnement of our emironment are eqttti in imp)rtance to pnniding afbrdable ekctric energr That is the cmmnitment made by our Intrd of directon in a resolution pissal on I:arth
= lbv in support of some major environmental initiatives.
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On Earth Ikts Santee Ox>per joinal with millions of Americuts to pay reagnition to our emimament and the necessity to help protect it G0fER. Give Oil for Energy Recovery is a major emironmentd project which mts launchal on that day it was develolul by emphiyees through our Program for Employee l'articipation.
But Earth Ikty mis just the beginning of an emironmentd outreach pngram approval by the luard and announcal in ceremonies during Public lbwer hk The value and advantages of public powerwere highlightalin theevent The Santee 0)oper Emironmentti Scholarship Pngnun lal the hst of emironn tentdly-oriental activities w hich will involve custamers, students, and citizens of South Qtrolina One $ 1M schohtrship will be presented to a student at each of 29 four->utt aceralital colleges and universities throughout the state. 0ther emironmentd initiaines include a statewide environmentd essay contest for 7th graders.
l 10
8 4 an etnironmentd recognition prognUU for sCollt in Wb, slipport for the 4 Il phtnet harth Qunp at Quup lbh C qtr, Wld a serib of 10 summer intendhi dl which will emphasize emironment.d prognad and actisities. Shordy after Public linver \\eek 1)r. Jay thtir, president and chief executar otlicer of the National
\\iktlife Fedenttion, was joined by South Qtrolina Governor Qttroll A Quuptell Jr to announce Santee Qioper's joint sponsirship with the National \\ildhfe Faleration and the Oilkye of Charleston of the annual South Qtrolina Emironmentd Sympdium, w hich will begin in the fall of 1991.
These emironmentd initiatives are just as importint to Santee Q qvr as our commitment to pro \ide reliable, low cost ekttric pnet [arth Day at Switee Gioper has to le es erv day The next 10 to 15 years are going to be critictl. \\e didn't get on the cutting edge of being emironmentdly responsne any too soonXe must dedicate the pnver, prestige, and influence of Santee 0 qier toward accomplishing that mission. This includes not only cleaning up, but alsumpnning the einironment. The right thing to do is to it environmentdly responsible tr> the ethiad thing and also the smart thing. because if we don't n aintain this emironment, we won't have anyw here to go. This relurt is dalicated to the commitment to help increde emironmentd awareness, understanding. and resp >nsibility \\e share with you an emimamentd perspective of our ovendl operations and sersiceXe also preent some a3sessments on emironmentil challenges, problems, and opportunine by some distinguished leaders in that fieldXe hope that as you read this material, you will realize that it will take the combined etTort30f all of us - indniduals, corporations, iidtitutioid. and government - to protect our most precious resource, the world in which we live.
,a ,, , .
Y. l[$ o /Pbf i / phns_ Ituno U (hurnuui.Ikurdof thrutors () .s } .4
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Kenneth R ford l'rmlent and Chief F.wcutne otheer i1
EnergySales At the end of IM Santee O qvr was semng 9U 70 residenta commercul, and odier retail customers lacated ill (kThek) IlorTpind 6torgetow n counties This wa.i an inerdbe of ud or ; 4 percent over FN) Of this increbe,4 A25 were residential,12 were pubhc street hghb and other. and there mb an increbe m conunercial customen of 191. Sid6 to ditNl Tellil Cl!stonien wtre I %3 gigawill!houn= lip 4 7 percent os er die prtMolb period The as erage annual consumption of electncity by Santee O qrt roidental custamen incretel to 12.071 kilowatthoun,16 ;rreent los than in FN) Industria!'s were ;.;33 gigawatthoun, up 6 ; percent oser the presions year The aserage cmt of t wer to industrial customen w as 330 cents per kikw.lttimur. 60 percent less than in lW) and 319 percent hm er than the nationalaverage. Sale to Central likytnc hmer Quperaint, Inc. to Ib 1; mender co op incratml ; percent to 5.2S6 gigaw althoun Centnd is Santee O qwr's largest single customer. The ekttric ci qtratamtntribute power to more than 325jiuo customen in 3; countio Sale to the municipahties of flamberg and Georgetow n incrcbed .7 percent.
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-4 The niission ofSantee Coo}>er is to be the state's . .
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o lV , leading resource for improsing the quality oflife:for the L W,
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This shall be accomplished by providing reliable and ' A w
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# : affordable energy water, waste utilization, and economic fA mg'5151 idevelopmentsenices. '
m ['U,? 3 ,. L' m, lt must be achieved in a manner whlch pmtects our 1
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% Goper and the people of South Carolina. 1 sh, 4 , .
4 $$ph hh , Our success depend.4 on operating according to the; .p%
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%.gik I(What is y6ur assessment of the Illobal .- ,
1g, Tenvironmentin tems of the major "Y ; challenges and opportunities? - M j MY illiere is no questloti in niy rnind dia! 3-M P[ [: th,ere are three major challenges con.
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-, o af 9 asitpertainstoglohd Kanning. Andhist, 1 7y the kas of blokgical diven>ltyis perhaps the greatest hisuh we huntuis tut now - @,
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@K lyhat are the three opportunities you 1 gy : think we have? ff [gy SS Aswegointodieyear 1991 and + fj N -
!approachthe) tar 200lywpleluar n N MM
- no' rrbeen moreconcemallhe red South (hmlidwehasttoredizedi$ udngdie twt kinthofsembbe.rsandother * $-
d6 ices that make co;d a us. ful hydactr- e a% &,/m a - s - engeisIiowdowe.littke people-are depleting die resource lxde. It uuv be e ' ,m: cW a> Jchahc-imdetandthat Earth:Dayisotryday Immmtrdatlopmentin thecoastd _ bon paluct for thefu'tunt m
. 1 aa Ah ~ lile indisidual can make a difference' zone or the kss of huid base thmugh soil
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~Mg ilhe chall tmge b' to educlic people, get or wind emsion. It's the land which is the what rote should govemment mainbb In protecting antipreservinD the n i E
#c *M pnnluctive tmit that needs protection, and 4~ m s peopleknuhtd,andtohawpulre . ;u' 4N o _
environment? =
..- _we have to maintain it in a productive - tj gpq 7 spyttsive action on the ptrt of citizens all . Gowmment hasarolein emimn- ,t Q g acrossthenation. : -
w neuhofhumatE mental protection at the initional, state, ' , i"i < @eW }-4Besides gbbal wamiing, the greeni
. - =-. and local 16th. lint I wutdd prefer that s mi E(fg -
What needs am necessary to sustain a mentddMbd YA d
*s bi ) and house watet, effect, wtml am the and pollution of majorlong- ourrelationship
. proper air - between energy ' then allow the marketplto:s to decide fg MM ftem) threats to our envirbnment?f LIf)tElhiokfromaglolxh pointofl and the environment? .
First;we havetoItutidfordable how those sumdards are going to be met.
- ltbcccmc 'atefflaentandexpemivewhen j[i[f k[kk nien a national phint of tieu; or hett in - .energyOn theother hamf,we hawto the gmenment niandates llxes to enyl . g
&$ y 42 mnmentalpmMentGen3mentcletriy Q;?
. /havEifdenergyboth fmmthe h; '. lwa itispralucedandImtu has a mle in esttblishing the st.uxl;irds
%g t idiecmimamentdp>intof - htryingtoachimufowimunental y yM siegacarhthisnation needs-- pmtectim: - p ,; g$ .
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?yh i ' p)licyin which theheartmust Education and the environmentc _
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betheconscruttionofenergy stescribe how these should interact? . M% MO 4 ,* ;FmmtherewenmstImkat
'A mmalucualimdinbnnel jqh
%Ji g$ novwapindewtopingfueh; citizenry has a gretter coiicern alout how weachiewthetwin gxdsofsustunable ~ M y% ?s Lakernativefuch,ferantrietyof M sources.R mustdoabetter economicdewlopmentand responsiNe vQ,9 NN . Jobofbundngcrxd cleanlyby eminmmentd pmtection.Iamanadv+
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m , 3 p~ @ m ysm w a qQmh ktl%. , , _ l 37 iCateofthatpointofViewwhichsapwe - haie been thisiiation's grett. ', 9"[ought th lick 10 the futhre of having die . estconservadonistsilha!'s. [ .3#* bothin termsof dienoney W p, Jour R%, instntd of the traditional muh shg f lilh MTi!ilg and arithmetic We neul a1 theyspendon11theexcise. _ W;, fotttth "r,' and the hurth "r" is reources; i And tiratittying to tuulerstand thai the taxotlig styonit,aswellas % y theirconcern a!out protecting [bY l-such emironntent ai$d liatttr$ resource play somethingwryvaluableto Y J acridctlroleinour hys.When thent111emastlandmnentd 4 M Lpeoplelecomeconamed alouttlye, E they 11 then protect hth the emimnment. remurcethatyou b"N pmtectwhenluu' recon-e$ WR Itnd natural resottrees. lheyll aho assure - cemedabouthuntingand d N thatsocietyasawholedoesthat. fishiigorenjoyinentofdildi A Nhk . lifein genend,isthe habitat. .
,y h Do you advocate a universal envlron- So people wilo are outdoors have alwap commitment of the twd ofdirectors and #' b Mh montal ethic. If so, how could it oest tren fundamental to die conservation of - emplo>tes of Santee Quper for pnniding - ,~
pggj ~ be achieved?
' natural rootirca llunters and fishennen energ>1n an emimamentallysoundmty MQ You cm'thawastaild.trd emiron- arecertainlyaverykeypartofthat ia11impressalwith the kindsof pm. [? #
fh iilental edtie for all societies and cultures. lihjh [lt'simjutantthaNemdizeAn pmets gnunsIsee,such astheblendingof' j yg[ thoilghwe're AmethmsiliativeSouth . What do youlike about Santee. limirr knocked down by llurriame llugo into inthistrial boilers, and the cdkcdon g[h ih ; Qtrolinians very proud of where we lik, Cooper's approach to the environ- - of d nutoroilfrom do it-}uurselfet3 [
$ h@ )tlire all depnndetit upon one earth!All ment? .
gg . j 1commendSanteeGioper forput - dungs thatweallhawtodaIcommend ' ~7 J societies nel to have a resohv to pmtect 4 M [-[M ' " , Nh thEemitonment A ling at the forefmnt ofits corporate policy - Santee Qoper for taking a leadership role - M/
$] (What is your perspective on how aunt.
and orientation the need .o pmvide eco' l nomict electricity Init also in a w;ty that by pnniding that klad of actisity in South gjg ,
"$v"J NQf ilog;as a part of game manaDement, protects the environment of Sa'uth Qtro.
jhg ibenefits our envircoment? ? :jhnajhat banytbiblepointof tieu; What me some of the things you wrmtd 7, fg Libstorically.in thd Unital States. . and the people of South Otmlina expect 'like Santee Cooper to get Into or ,f, Mi (sportsmen;tturshoth men and women; i that.M Impressed with wlmt I see, the maybo some other electric trtility?; ogg WhN
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key leaders, really advocating the need for a resinnsihie nasonal energquhey wre
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goingtonuke acommitmenttoahema- W" vn-uve fuels, and we're going to tnmsition a, . ~ , 3y into die Mi centuly in a wily dial We will h'
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- andIknowofnoidtersectorthatproi im[mrtant forces {n Our society la die t ch:dlenge we have is'how do we achint W, aides leadcrship for these other shunw of . 1990s will le the respndible mle of the . an emimamentdly sustainable societyt - fl j%' (energy dian public titihties like S:ulleef . emironmenkd constimer.Secause etch Milsmeansonethatiseconomically
'[
" Qbltr. I and6tryoneofuscan gointothe nutry ketphtcc and say "I want to buy pnducts I 5ustainable,and wherejwplewant to participate rtspnibly The more imple
- f4any companies have been criticlied lud for Iny life-st)ie dat are pnducul in wehavewhofwltheyarecommitte(l w MW ' ,i J*i , for marketing products labeled envlK ronmentally friend!y but reatly pren't.
an emironmentallyInpolbiblewily" ghen wt un'd[u kindofcomndmi'nt emironmentalists, the sooner we will mhrdiepmblemwithwhichweare '*H flow should cansumers act towds . ! E cpmpanies that do this? wtmakethatkindof requ61tothe n ar- deding. , Li D'I M1erelftsiten anenormolIs; ketphice.Itwillnspond,anditwill . O ,[ j yg uced q d e ' The term " recycle" is on many labels, f [p; amountofwhatIcall!greenwashing" - , it's on the lips of many people. Is tMr. .;j Yc happerdng in the last > tar, Greemvashing - In any great movement there 15 a wide something that should be mandated by aH government at the local, state, and hc[ ' is when companic try to position them- spectrum of thought amiaction Thme is also a fringe element in the environ, s f*aneMst - selves in the marketplace as having a - N>4M mentalarena. Ilow should someone %henyoutalkaboutrecycling y : } pndlict that is more emironmentdly. who really cares about the enilton' an* Wkingalmutatuletyofpnduk . - o in nsponsible dialuunther. The public is . ment view wnse who may advocate AO
'M confused abotit what is and w hat is not an < extremetneasutes?
M,ygmtmnd nepne ,d W" , ? . F leadership by creating a marketplace. l~m
, em1mnmentallyresponsiblepnduct: Thereareextremhts m otryph:de awrystrongadmenteofreducing reus. @ ,Thqrenieds tobeutinationallotla
- ofoursociety Whatyou hawtokokat, 4' l civtincition pmcess,There tut a couple w hen mu are bwolmiin trying to identify ing,and rec)tlingpndacts.Me po{
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[NfM %O ofinitiathu that haw started to prmide a
' good housekeeping seal for the emiron-leader $ hip in the emimnmental commte nityiswhatkhidsofthingsemyoudo ingawayon@snaconsnm y ]L 1 M -
hnportant natund resources We need to <! ment'. I predict that p'mcess will come -fmnymemimnmentallm
- m. tofviewthat- -R reevcle, loth fmm a point of view of the 4 m
+4 p -
V> 'o* s on-line in the next > tar. One of die most - wd. i nove society fonvard. The greatest emironmenttud from an Ji , p - -
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I Ld[J Gmemmentdefinitelyhasa (dp - mle.CertaWytheprivate M ' W sector has astmngrote,1f. h . { SanteeQmpertdoktheleader; cf 3 W@n ,e
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, _ W 3(i : As a naturalist, wtrat is your assess- ' lanmlausivastedbjmd seentstobe _ Ly
- j. (ment cf South Carolina's state of the fU w@unmon.That meuiswe're-
- h. .'dq environment? l
. . havingenvironmentalproblemshere
~
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' tThenatund heritagein RindiQtro~
9h :+ thatotherstttes maynot ham. < dj ! lina b still jt1 prett)' good shape, ll's it Iddukalotof people We now- j }}{y> 'Combinationofgood newsandkul1% getting wurrigl for the first time ahmt bN 94 : Omof the thhipthatiswtyimportint h whterresourweiaHyidongthe 3FM Ig s to protect the diwtsity not only OIhhults cost,whereaMofdewhlbdnumed I h Mgh atid a'hlmab; blit communities of phints toght tis freshwnter110wgiveits b% NDh ph{l L afid atlin%ht South Qtrolitti, since saltwater. wk UNb
*Ml6 )' ?
1 we'w got a little bit of everything fmm the . y% f mq)untthis to the 21, wt te stronger in Acidniinis beginningtoafTect us toa4,gneinthBstm n-j p' C M M:
;certdnareasthanwtarejnothers lhe' beach boneareathat we need
- i" thr.alor challenges facing South CaroHnain terms of 4
g(oG g 1 l.
. to be koking at a little more ekwly titul protecting and preserving the
,j@@g g i any other. Once these strais are gone, )utt state's environmentairesources? @ 3 i w : cm't uttke them back wry quickly Q)m # WeneedtolookatSnith d@N fhh yw j Ipaml to other states la die Southeast, Qtrolina's IKitund diwrsity and find out . OwireniimamentOneofheudngiyou d
; SouthQ1rolinaisin gaxishape 'lhe liow much of each of.the diwrse commti- leunfrom11mmconnecticasbdun Ah M[
jfiwrsity h still here in South Qtrolina.
. nities we lune left aml take stelMo pmtect dieDL nature take one thing and ckmges it into '
h[N % Nfg Ilelative to other statesin other . somethingelse;dldietime. %
- sections of t'io country, how serloos . Weought to makesitrethatwhat Udt regxd toItcycling.it's now k
- UU k ' ny r n ent PN .
time for ewryone to just get in their mind M g y}
. ' protected. Ithinkits time to stop.
dmamountofhawdmrNste setthatleCsdowhat naturedoes 11wurk,
" ]hk h gh . thittSolidt Qtrohltiallowsinto so wtll in the wndd of nattire. Wre a [xtrl of dlat thuund world too, and recycling is =
Q% w $h Wh
.thestate.WMtrejtlstcrcitin8 j,nst ktsic, kN U
;moreproblems forontsehnI feg %u
%g a ,
.alsothhikwe'regoing10ktwto -
g% takealittlebettercontmlahm( Where it has been lost'or damaged, what can be tiene to restore the - '[? gM @%h@ i whatinditstriescomein tuld. beauty and value of South Carolina's. m<f g Mw y
'wherepeoplelim.m. thestateof.
unique environment? Tg[e bpn&nJn$natundw% <Mf - p$ SoutflQtrolina. It'stimeagainin SoudiQtruliitttobecomecon- U Sk" Y"" **MUP B5MS hh e s seruttionistsandwiselyuse wrykmltoputthinghickthewaythey Df{'% fh$ daS, ) ;terldtste, '; S$ld nalstimsmalsstSouth: -naturalresources. .
""c: 1 hat's u hy it's so important for : L3 so dire is only so mudi; wh tcanandshouldtheaverage specied ixittintl amis to be protected. Man. - .sQ
$liud.We read and kdow that peoI11e we . mdlyhnnawthecapabihytodo smk,W h(hM pb Emoving into the Southeast mucir more i .
- c ~. .: citizen, average corporation, of com-munity do in an ettort to preserve ou, s um fthemagicthathesometimes s
hea gq$p Md h than hefore. That's going to put emiron- state's environmental heritage and its thinkshecut When a hike kbuiltand h$$ Linenta} 5 tress odSouth Qtrolina in a : InteDrity?_ the mountdns tuid the udley are gone,: $$jl Q @k L wietrof wa)i one of the diing dat I see - 'itiswot;d hconnectedbeautifully there'snonyto put that udkyhtckin
'43 gg happening is that South Girolina b one of togethet. Plants and anintds are con. our lifetime. So I don't know that we em gjp EM.
- w. .a Lthmiarcas in the (Jnited States where r nected toexhotherand tothe restof doalottoputthingbackthenythey gg n.,
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- i; WryjullUrtmndlough to'prolld - flo!dd hewVikingln die-g w --
jhose speci;d areas noW mid to try to hw . directionofenergconser d W {%w$ . sothatwhenwtisea nsourcewtdon't .vallon mi,d contmlling,the Mh y% 3 modify it so gitady that lutture canim! - :Unotmlofhazanlotis ~ , % j, WK Comehackinollt hfetimef .miste tdlowulintodie y[H,A[h -
${3lg,l{ h(jmc {pl]t[he
)y-&p , it'slike unringing a bell? tough decisionson wltere }', bg[a pf # c lfsliketmnnvlinga fmdywtnen weputpeoplealongthe ,u
^
jipstry nowolddmu ttogopullhuta coastM tried tlun,we've n] q{@h ithtmdmenyuu stuildingthem out, doneaf:driygmiloh,but 9 MG (!a few don't matter. Ijut ewntindh the' Uten'ic alotof workwe , QQg wtkunngfallsapart'lfswryhardto 9 candou!angthecoast ifI _ gpq WDin ' impanton the natund wurld. - couldgiveonethingtoewryonewho 4r i jdh make decisions in South Carohna, retlly TQnsm rcsmtitduutdgdid, 7
*UYD"W**I '
kdh iWhat ate the beneticial things that you Tsee state government doing ta pre-tuuthing fdghediemabmid3 1ewof ' hmtapado@r$Nus% i* $ the world and a long;tenn view And if wr W %%@ii +7 d Lserye and pratect our environment? - nlakedeCiSionshMIon theSeVicM,I thesnakts tuim3&btmdthewild A" Wq
} Stategmtramentis almkigtoward thinkwellbein grmtshape.
Ikm ers Wre :dl in this together. i.efs p ,3 hp@ @$ L re$chng 11iey are pmtecting nrdural Tareas in parks l recreation, and tourism, in l Energy and the environment, how do takemyofInisiiatund hentagehem ifs ours Our hves are at stake just like the. yq h L the Isritige'Ihist Prognun, abng with . we attain and how do we maintain a lives of tnes and plants ;uid other things. ' ,i y p pmP" baba
- Wreallintheauctmt M
kh @h hwecanSepnacts/rhestueand. Lthefoleralpenimentmedolagalot
? nowtoprotectpattind turas.'
Ibdieve finnlythatwecouldcon- Wenmstdadopaninterestin sent our energy enough so iktt wt wutdd - somethingotherthanoursdws %must Mpf; (My L h@khj, M % nothavetogooutandnulifftheworld realizeduitweareapartpfanatural +4 $% o s to supply those energy needs tie people ' systenithat is so beimtifully and won @r- M $hh :/What sh' uhlstate' avernment be + doing that t. hey are rmt doln97o in this sttte me willing to conserve tmd . . fully nt'ide that it is indescrihible.,Wre f2 gg ' Assneg staegummenn - - 4 wcareofdiemkunchu ni n
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,T" . ; nee (kd to protect wetl;uld rBources. ;O O 3 s G :j
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'What are the major environmental N pp4 .-.
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, feelare unitale to thelowcountry 01 <1 V '
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4 . South Carolina? -
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,iW A s,,gsp understmd thretts tothelawcountry m1 M+.
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- envirobment is lithui 5IMitWI That'5 thea1 aCkofland useplanninp,thatisapptr.
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,ent in the latountry It's not unklue in n theImrountry butpmh61ymoree M
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! verely destructhe tenbe of the delicate .. '
d y$ ecologpfdiisanswenealtokokstry y9
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. seriously at using land more efBciently ;*,,d L<' , -
fuld paying nuire attention to the sensithe g Q
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putsof theImrountry the rheredges. 1,
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die marsh corridos, and the siew corri-1 - N [ !How is Sou'th Carolinks wetlands ha4nt$m pen;sofsah,manhand dorsJenealtolemoreconcemed S v8 environtneht impmiant to the state's . extensht fnbhhitter wrtlxxis. lhe cul' about runollwhichcomesimm pmr m sm Lmrat1ecologicalwen being7 tureandeconomyofthisstatchast land toeplxming but fundxnentltllf M,N ' i (
- Deutbndsinihidttean more alwm kun tied to the productivity of.the M j#[ wt nealtoImkm thd.owtountryau .
3; icxtenshethan almmtanyothersbtein wetlaixis'resourt* whole,asanecokpeaituilt,and make m f,,
!hecountryOthertlanlansimmand:
t How da you think the pubHc can hest sureaswtgrowtiraf wedon'tgmWin an [3 [$4 l Florida;Southramliita has note wet, contribute to protecting thh delicate ineficient pattern, a pttlern that is waste-9@ !ktadsperacrethanmiyodierstate. And ' Lowcountry environment? fulofenergyandlxxty . , f }] C, d nwe derhv a ritin xt of benefits fmm those L. Thepublichas toptrticipttein the
'wetixxis; frorn the value of brealing Ouropportimityisthatwedohavea great anxinnt of betutiful, natural arms
.-pmcasofpmtecting,not'onlythmugh .
3f 1gmunds for our nearishore lisheries to supporting regulatory pmgrmns(but by stillieftintact, Andifvtdm maMur @" ~ sutstfowl habitat during the winter. Sputh Py" l Olrolina is deDahl by its wettamis re;
. ddeloping new approaches to stkuxis - effort, Iq, inning now and going tiimugh +m i pmtection including prhiate sector initia- this decade,we will be able to tighten our (p VR isourct0 ,
; tives. 0f ccune. there is a iieed for , , growth ptttems to become mbre ellicient y
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i When we thin. k o.f the South Camlina Lfinancialcommitment ' .
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[4ib ln le c. n inn [k o }ehkN e i fl g C4 niarshandthedre:dllmiplaimalong asawf ,and for " ' - s M 'Ly [the' tidal thvs in the coastal plainJe findhidus.Thepublic; g p(KSgj (Q ,,7*.4 y' ,N m l ham been fornmate nder the past two - .
= nee.dsto understand - y ., _. . L .
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.. centuries to ha maintained mmt of the' . theimportmceof .
(I 4 stock of Etkuxid tiiat jve originally hadwetlandsandsupport in [g A
! snuth camlins; unuke m:my other stita - thestat&gislatureand
@M NorthCarolina;forexample,hasImt- theprivateo>nsenution . g. a i y t alnimt 50 pacent of their wetlandsJe - organiattionsworking ~ - y( Qg l have n relathcly large stock of wetlands, toperformthekindsof .' , !y - longTtermplanning 4 ; ostr four millian acresiincludini; one .
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c tlut are not detrtictivetotheen-jironment are building coriurate image s- i i MF canlppmhd.-- . . .(
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' What must a utility do to operate as a' --
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What can local tmsinesses, indttstries, . .O (W. , Ementalcommunity?. and residents do to enhance the envi-s y & I . i
@/$ I biggest issue llutt we haw to address in lucalbusinesses are moreentimsi- ,
j $g4 $ th 3 e next&cade.The utilitiesneed to
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zoned and ourcitiesdotlolui.1he astic%ptrticipitingin prinite vy L (beghi sellinglo thb customers cormn* challenge is going to be r, Dl_ng the lewl of cmmtvationdets tlan deyltntIn die eo hQ ftiona<,asotirce ofenergy heulto - aurenessoftheimlurtanceofdoing . past South Quohna luts ti:tiftioisilly liot 3, M Mthzethat co$enation acttiallypm- these types of things on the loct) 16tl and had a wry wellJdorlolui conservatior. : Q[9 Nehave.Byeducatingthepublicand E duces energy lhe more we s.nt, the more thenduestheyprovidetotheglobaj mowment.Nowwehawa varietyof . os environment - f*l4doing awietyof things,nu1ging wg @? *N L ri aking it fhiancially attractim to the fmin land trust to pmviding opjurtunities b -public to consent, the utility can play a
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Jlow'does energy and the enwironmen' t to pmtect land thmugh simple d5 nations. -
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(critiad mie'in pmsiding sustahnble _ best conxist at the locallevel? - The public needsto realizehow much M[I 8 /1 energy for the future;1he wity we liw ; Businessesaregettingmoreintothe , powerithasandtogetinvohrdonthe g" @ k%) dountyplarini.ngboardsrdd(6
%fteii ddlennines the miy we nse energy : male'ofmarketingemimamental: ketl lemi in locai zoning ordirtuices and Jg g$
]h M dacksiddge the way otir munties are : s cot 6ciousnen1heyaremarketing .localrecyclingprograms: gM q.3!k nu ,. c , , environmentallybemignjuducts! gg$
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- . How tioes Santee Cooper justify spend- in the19A Wearenowincompliance w
ug J.W 3 e ing more money to protect and improve 4 s .
= the environment if doing that 'esults in - with .a ll the current regtdations luth -
a. a. [7 b . .
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, increased operating costs? 10GilIY 3Dd ludon;diy arid with t'le cut-rent statt of the Octn Air Act. It will n'ot be U
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- to he in Coinpliance Mil t tlle ne.qhase of w; +p mem 3'W> ~ - ~ ' The otherisqualitatiwA.e must k' ep 7.W. w thedean A)r Act.
. . _ "= theSein hdance. Il.5 notenough just to kW4( M *[*
. produce the energy dial lucruises our What cothonmcotal goals would you g[lj:
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shon term quality of hfe. WeNe abo got to ne to see santa cam acampitsh gwg M%%. " A *2 addresthequalitativeasiusIfwe
. before this turn el the century?' WM r= m lB[ lDeyomihein'g Chnirman N Sanies' pmduce theenergyandin thesame'ume Ids take_themd"puls"anL fQ gtt~
gW'
- Cooper, why is a successful attorney
" and businessman'so concerned about destroy oNt only natural haNtat, ut'w makeithilfTherearegoingtobeakt $%
a' -_the environment?,
& M fb8 d$d8dutareemblellndietenn .
3hc[n kneficialalfectonourSocien. goalas1%thtodefineit.Myterm as y3 p@y{.a , concernedalMittheemiron' i -- - -
> tIjn
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chaimvia expirein 17)7,dtreeyears Y h] p%g !"f Q cy O myc0!)cern.Thewor'lemweiment meanssurroundingSjtnMmlessw*
** 3 t What impact will the passa;;e of the, ,
.1990 cican alt Act have on Santea Cooper's operation and service? .
bdore theturndthecentury Bythmume it will be rny obitttiw that Santee Oq1er - wiH be a recognl2ed leada in the United : $;> GM
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hh g'y
? maintairl surrolmditlgs that also are L c6ndticiw to d good.qttality oflife in i Theaawluhaveverylittleimpni.
;Santed)oper.Wwhwn ddagitright Stats munheroneinits g)mhrness toenyimtunentalconarnEewillhawa f:W M
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l , verf 'ittlehere.i M 4hy LWhat diff erence in the environment do t S f[% pnp J*J 4.; M khQ; (@you nd what thnulditIs believe roleSantee bein rispd Cooper can makei' 4 NN " M- to the environment? - t -
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)Mhh f oi(dif ereiice, we nunage some irafxio - i ' , 4; -Q l acre of timberland, wetlandsiand Ib d $g g$yg Jynjanagingthmeassetsproperywe ' * - E; dh canmakeastatement notonlytothis ,
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% Sstate;but the rest of the nationJe ahn i . ' NM M$ thaw some'$3 billion in assets; nunimadei 7 j L ES Ok h4 5 assets, that generate actric imer. Te s s
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pN r need tb nunage these dssets in an enil-inxunentaly resp'onsible arid sensitive : s
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' the right thing is aho the smart thing;111e
. don't maintain this environment;we don'thamanywhemtagol As thesongit d@
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} Whst would you H4 to see ernployi '
- s. right th!.ng is to blendronmentally re-
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!DrunkDrising.Onewomansetin ' corporate America attout the fj
[Q J c liiotion a national program that ha's ! A% . - . environment? w. *
- k 1 refersed a,trendtliat was tragic We #N M 9 ';g
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Santee Cooper, imd focm it on a ? peer presure >uu're seeing todap it's~ d $gf ? series'ofhiylronmentallyimportante 4 Jnotdmltobeenvironmentallyirre- $@ hh @ phnpany4ideand-i loc @ ally la the commtmities in which our '
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4 4" At Santee Cooper, we're expanding our service to meet the needs of our growing communities. l l l EXPANDING 70 BETTEH SERVE i Santee 0 o[rr prmidal retail senice to W.170 customers in lierkeky Guirgetowu, and florry f counties, all incretse of 54 percent mtr IM . The num!rr of customers in Santer 0 o}rr's senice territory i3 expu1 ding daily btuttbe the aret is ! attracthe to industry Ltrge and small businesses. and retiras. One of the faster gmwth aruts is the Witccunaw Neck region in Gturgetow n 0 >unty Along with the new customers in thi3 arci comes the nmi for increaul electric senice. Safety sptem reliabihty envimnmentd considerations, and osts are the key elements at Santee 0 oper when P ~]- ME, ;W7 T 4E W - ' p%; wh e c M W h ,j M)$yl} t-e ' l . Jg ; T]q; ... . . plulning, dtbigiling ;uld building transmission lines and n - 6% ,eJ g,gw@p g:a . dC.j $[dihh"U'h;j O
- substitiotb. ,[, .[ ;
in dle fall of 17)0, cmstruction trgin on the Gunpfield . Substition and the Gunp6 eld to Arcad a l15 KY line. 0f particultr emimnmental signincance is the two-mile , section of this line which will cnuJericho Creek, the Gred k 4 Ik 1)ee and witccunaw riwrs, and the Intracoastt! . Waterway Ikcause of the potential for adverse sisual and amm= emimamentd imptct creatal by an overheid enuing with steel towers and foundations, an []Z h5Mt tt!'1 ftWdd underwater enuing was selected. This portion of the pmject, endoned by the itS Army Girps of mm m Engineers,willast 56 million. Negotiations for rights of-way in this $20 million pmject with Emdownen, regional plutning councils, and emironmentd agencies rajuiral four yttrs to complete. On another portion of this pmject, the Arctdia Substation w ill lv constructal with low-pro 61e steel i b i
.. .. - - . - , - . _ - - . -.. . - ~ . - - - . - - - _ _ - .
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structures. A specially designed entntnce mad and an extensive Luxiscaping pkin have been dewlojul Thee measures will raluce the visual im;uct of the substation. Also, to minimize d unage and disturtunce of customer-owned Lu KldCaping and to maintain attractiw distribution facilities, underground exits for distribution feeders imm all new substadons will be usal Special equipment for repdr and replacement of underground facilitie willle uni when nelal IMPROVING THE SYSTEM Throughout 1990, Santee Goper continued to rebuild the damage left by llarricane llugo on September 21 and 2.?,1989 After making functional reptim to retore power to all customers, it mis decidedto rebuildthe(LunagedI nrtionof thesptemtoaquahtyconsistentwithstate of-the art operational and asthetic st:uxLtnis. Mtich of the (kunagal materials were either refurbished for reuse or reeglat OFFERING CUSTOMER PROGRAMS Another dentmd. side maiugement pngram has been adsed to the list at Santee 0oper This pngram is structural to raluce peak dentuxis which help minimize generation ces U$ [ 7 n W111, The 1120 Adnintage Off-Itak \\itter Heating Ihynun, dccelojulin conjunction with Central Electric Ibwer G operative, Inc., uses an ekctmnic timing desice that prevents
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- reidential water heaters from operating during peak hours in the highet Intk Mb ypu demandi rriods.
t- Emm load aiulpe, the winter peak season is between mid lkcember and the end of Febnury while the summer pctk season is between mid June ( < andthe endof August. e The pngnun's incentives include an initial rebate toward the purchase of m a new high efficiency ekctric water heater and a monthly cralit on the s, n. ,e ,
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Custoiner 3 electric bill The nionthly incentive is gtianuiteed for 10 years if die e_% h_ ;g /' , M e g m ' electronic lilller re!!1ainS in place.
$10$ib!IJ v-d m d 30
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Ahemuwse Eu llat prc#tr.fft! by Aumst. b WOFiKING WIT H INDUSTf0 AL CUSTOMt.R$ p onergy sw oc
- b;Ultty OOjNr illkl Altinias of Sotidi Qtro!nia it's larget unitistri;d etbtonier, reaclial
- ui et-wow imu rus,.noux l agret!!1ent in 17X) WhiCh attires dlat die a}ulllilllini conlp;Ul) kill cou!intle ib operatiolls 3l ib hlollll! * *3 I"
- 1100,i pl.mt at least until die yttr 2W Alamas agrati lo maintiin ib current p mtr rtyniremenb until 17)A, aihl dien keep al l Cast one lutime in ojention until April 2MI.
As part of the agreement. a new curtailable industnal rate was destlojul Altunas and Santty O uper'.s other large industrial customen can lenefit from ralucal p mer demand charges under the l new rate schalule if dny maintain an apt) :unount of p m er under the standard indastrial rate
$C}Kilule.
Santee O nper provides p mer to 29 large industrial ct htomeruux! thrte mihtary base.
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At S:u tee Qx)per, we're producing imwer ibr today while protecting the environment fhr tonorrow DitPOSING OF PCUS AND CONTAhitN ANTS PO!)f hlorillainl hiphell)'I), of }'dh % ett rellirliul [fon! ..l! lilalor n]Lilpalell! Oil the (GUBnlis5ioll SBlen) 10 a 10 el ltlou D parb per milhon, TaluCing the plien!!al for puhhc e\p buTC 10 thb 1 CtrCinogenic sulbtulce. lllC dtNgfl;Uld OllbirllClion 0[1lIlm PQl Stuntge [.lCillt) {T Oinljl,Uly % Ide llw %"as Conlpletal 1110 llew hllikliflg a!hhB for NLfe $! Ora /C Of PCI ContuninatallGUBf0Taleib :Uld c!FIC110Th A lleW enVironillelltdly N![e %;bh dOWil h l) %lll he tival 10 eldt!) Oil and Other Gi!!Lullill;Ulb [Tulli It i!}} distrihlltioll lUld !nUbiub5in!l VehiClb ;Uld nlllipalent. llte %;bh % aleT i5 CITClllalal IllTOUgh a separator W here Contaninanb are filteral llie oil is aCCnmulatal in a salvage tuik for disinsal, :uid the Willer iS C}lalllleled to a S;Udlan Se%er. s ne LooKING OUT F on TNL WILDLif t retan y ewym boyf 4M PdJ WUr 6 f Ab N bkl!t bf O n!'Nl pNbbed GOU getOWl} Ik!N!f OIdj!I eICe th k! Ca1 h O the !!Ii!I!!!lk Ekt!O!} b nm ne uma y htEhf1VII tr# fyQ (VaC 1 f(In! [1[ll1 ko [Ote(k he[ lea hcl (nr[b.b;Ul[(T 7y g.n;:n g p ,e y' Q ; p'wlnp if M , #41 M- o 7 ,j' ,, m ml Qglg'f hegjj] gp[kg)g W}{h {l10 Cog [](y (o shjekl Ol[{duur llgh{}gg . e 3
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develnj "je[]} });b g);tde {}}C (u;b{ [yby((3l)]e 33 3 pes ([j)g afgl fof k le [ef lCl 3, Idf I $kIOINa bkNke ch( e{UI a 1[C5$ella j( o , t 5lK'Clb. llle [elllale Illfilb AVOID liblillg IIGlf !Ighthl heaChe5 IEb then worw, emerging haahhng5 edily become dboriental and O[len fail to make their Wily 10 the OCe:UI. Sjecial shiekts were instdlal on lighb dbignatut as he;ag potentially harmful Tb further support the County ordinance and protect the loggerheads, a publiC awarenbs cunpaign was launchal. The 1.ighb Dut For lbrtib cungugn was endorsal by the South l2 1 .
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blro!!}}a Wildlife :unt Maritie ih ,ource i A1)artinctit :unl iticitided disinhution of bumper stickers, light w ,, -u a = a mm,, - SMiiCh plate Sticker 5,:uld bnChure5 Sulht OUpcT'5 turlle protection prohVt Wi!! Contulue neXt )Mir .W w M MW a men w.~ Int'Iebl in {}le PUNIan] !Lb hprCld to llekN b OrklI$ Il oII{ billIltV
)[o lNN e hi OCbD { N ! e hu sk ef oN l I kkN Nb -) Ie 4 u I $kb lN
\\ildlife and Marine lhwurces Ik partment on a gniti3 hbis for use as pan of the state's wikilife r 4 4 4 .
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!.ake Moultrie in lierkeky 0)unty This pnnide an intetbite waterfowI management area for use :uxi hunting opportunitie by tlie general public.
In etqvration with the South Qtroluta \\itterfowl Aw ciation, Santee u nper has bxn invoked in joint venture to enhance the quality and values of pubhc wetland 3 for waterfowl through the , awiation's w etland wildhfe I:nhancenient Pn y, nun. The installation of more than W wt ni duck not han throughout Sankt Quper's water and wetland areas will albw the general public to tenefit through the greater abundance and appreciation of wildhfe. i 9 ,
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. l ! l OR' %D d ddd. IRS! Imb Shouki Su5hlin 10hlbu Ulual pn duCth in oSNM [0 N100 M9 d dud,$ OnCe lhe I)Tlidtlig pipidaliull5 rte bhd1IIslkd ill V.lCII afGl. I ! Not only dt K5 ballkt' On litf pTUYKle IRV pl;lCB [0f IK511!1g. but oki IRSb aTV TelllTikd 10 lhelf l ; pTilpef phlee. A tr.tibtiliwin:i Cre% repl.tced ti dbpl.tced o3 prey tiet on a sktl lattice tra!blniwion 10%et Geller;d OlILS!TilCljon %;!S al>U iiblTllInentll in pTUkYliflg die ellViTulllllell! WINI (Ile C0!!!ple(lun of ' I f Nie NSI Pin 0j)till51 hun bei3miC Miligalion ITOleCl in UCloler The IWeral 1:nergy Ih gulatory billllllIwlOn llad Inalkblkd dlal SilpjMTl 10 adtkd 10 llie d.dll Milhal I! COllki Wid bhUld an eaTl}K]4abe nietsunng 75 on die i<ichter scale, the estimakd intensity of die diarkston 1:afdiquake of 1S4, , DE810NING E NVIRONMt HTALLY COMI'AYitiL C F ACitiTit S f II b ign 15flgilktfl!!g kO'p5 enVITon!nent.llIh$ lib In l}le f0Teffont kil die deign of transniission. l SubSht!)on. 'UKl d}SlTihll!iull [aClllllo CITeflll a!!entiall i3 lWillg gi)en 10 M'k'Clllig lk'W $!llblatioll $ilb ) -~ a!Kl(flubiniwian hue nillib 10 procrYe %Vlhuhk wr,777yg3 3 -
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MilleI bllppl[!Uld lla llI;d nlaThf .dld llablhlb \ o Iksign 1:ngineering Conducted studio into the
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l . use of wood I.uninakd structural nien diers in place of l .__ . wn den p>ks and vilid sawn en utnns. hx'
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c i- inaterials wouki nduce the nulnber of trees required y e ....j m i , to pnduCe %u d pn duCb for the installation of transtniwi0n and distribution hnes The use of new i . u . . _ _ % a d pTberVallVB 15 al>0 IWing $1udKd. uwm u w, Paps Daa sunnat its stren4 to wGtitr4 ust
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( . uo,-,vm,n rNeated 66 Inv lanN j MF FPING THE L AK[S CLE AN (.w.w um et hvnsng l coeu tac rwit: W j ror the second grar, s;uitw on per workahudi the s >uth otrolina \\iiter Ronarco nin uniwion -- m -~ and the South Qtrolina Aquatic Plant M:uugement 0)uncil in stocking 1(KUk kl stenle triploid Clinee i gnts carp in I.ake Marion. 'this is a biokgical control ehrt for the noxious aquatic plant, llgirilla. l Ilanng the three-gar pngram, yXMu k) fi3h will ie releawd on an otunated 11(kin acn of ligirilla la the upper portion of I;tke Marion l l Operauonal cots for the stocking prognun will total alu >ut $ ! J million. j l ' 1 l l l l l M l I I
m At Sautee Qqrr, we're ig iting up the lives of ourneigh mrsaswelhtstheir homes. 6 f ilVING DY pitot L CTING 1 H L [H VIH ON M E N T 0:1 Etrdt DA Apnl 22,1910, ettiployte froin 1:mirolunentd Senico celebratal die estnt 15 conducting a tkrit yourxlf uxd oil colketiolulay 'l b it )uurwlfers" were encouragal to bring their tlMd niotor oil to the Sankt Okipet collection site til3tutd of p >uring oil on the ground or into wwers and ditchesfilie oil was transp irted for dhp isal in the
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- b iiWt h. di S'ation and burnal cicudv. and emcienth.
at 2M) degrto Fahrenheit. generating ekttriaty se ieor,ra, e d moter omt,en s,1e w11e wt up one in Moncks Dirnct and one in Myrtle Peach. nrr 700 gallons of nsd oil were colketal in a two day penal. The Earth liay pn gram was such a succes. a y st.ttewide tiMd motor oil colketion pngnun was developdflhe pngnun,imown asG0Fl:R (GneOtl for n,o n. on e im,,, Energy Recover)1 startal with Iwo 2E gallon Luiks. one re a u*u m became an at in7 1 Station ;ul on0 ill .\loncb O>rner. lit Septeinlier additioital site were openal ' at Grainger un enuma
$WUQh ldt' du h- {[h()y fQ (j)[}Wjy (@ 3{ hj{}ky h g) }{[ K lh g k\p[}[gg h) } h{ g{ ((} h g g f'gj{f },
umwe:S ww mw bdn{(t 0 R }{C[ Wo[kd wkh) M'\tOh (()i{)t,Td{l\Q QCRbh {f)( ){3{C [O () yl) $l{($ ll} h](k[ MT)j(C territorie Gilkttion centers were opened at lierkeley Electne u nperativs Gmse Grttk ofhee, in Ihlton llead Ishtnd in emperation with Palmetto Ekttric Onperative, and with the help of Mid-Qtrohna Electric Qngrathe, two Links u ere kicated at laington Giunty Reeveling 0:nters One additional tank wa3 installal in Oilumbia at the South Qtrolina liepartment of liedth and Emironmentd Gintrol s main office on llull Street. This pilot pngnun is deigned to exptnd statewide and offen "do-it yourw! fen" the proper alternative to dispoe of used motor oil in an environment:dly safe ntu mer it al30 helps Sankt Onper
e . 5.l\e Oli NIe Qbt OfKellefilNdll llSIlle, Nle Mible 05! !b iliI eCUllallllCd bllpplelllelli.d filel ,,,.- , Not only de w;dte oil d.Unage Nie envlrotunent. mle .. y l'rdill. ;UI Oddrlt% COlOrlev GR lhtnt lbul lly autolllutive aiT a Conditioners. MtiCli of dle l'ruitlliever onts ulyotie. lt b b a vental when units art senieed last freon. a C}llOrOI)UOTOCltk K !!), aCCOllllb fur illl BUlllald! \(i jleICellt Of
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the detrllClio!) to the tard!') OZune Nhleld. llli> hllleld preVenb J * ', hannful ultraviolet rays from reaching the canh's surf ace 3 i or more than (m vehicle in Santee u nper's fleet. the .
"Mlfllptre IlliLCllklle" k\ Ole IUbWer lllt.' "%lllljilte lllaCIlllle. l locatal at 1hu tsjurtation SeniCo in MonCb Girner. sucb up ((O[l[(
l mn- rno tw Muwermt alld reeOverS ilkr 0111dlNUller IrOlll I!lat WOilld ONleIM kNC Ile Wll!h! Ill I!!c ilullOS})fIeIe e .iaW!lell m he,e!UI u * . e tsaeten u t OMidlUOllerb are behiChk (:DUC ATINO D V INFORMING pg , pg y g tem m:n al Tm e nrn
/) Eebl b sk f 5 k rk b * \ liyif % PLM A I A & ihi &IlWIIrJ1 w tv aus un town e ll:iderSUUldllig. ;Uld $Up[Ibd Of San!ee W itt M "rtu M '
wmm 0 oper all :t statewide tr. dis.1)ie iilajor - awy
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.y 4s. .m4eob p4 44 anphasisinCinan aMumanicatingthe tillieOf SiultetOn}Yra$astale 0Wndl e ,and _ m>Cr - res p%.
a s.%,m. ,. O ot <ll!)ati!Ig greater Colllillllllity and Civic h.ANfb,N by klliUlvelllellt h{ elflplO[RS, Illld $UpjOrtIn$ new and exptadst emironmentll initiauve w "
- om Mally of Onde progra:ils arid aCtivitie
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n . t e I , N j we.wer 1 Wo m! Ife p ., ffreillony in (IClober, colldlicla! a! tilejeIIerib !!ydro btalion lll MonCbs Oltller, Where S;ulla' Oloper'd !
$N[wuse liot pm a genentted in IN1 locluded are: !
rewo.wanw 8)mpens ' l110 kMOIlIUlhClbllIS PIogbUIl N\ll ablC !O SCbOOl IOlllD S AIld hihIIUIb UI 3!! gCnCCIIIIlg stations " Making Electricity" a new sideo presenttuon praluced in conituiction with the tours ! prognun, shows youngsters and adults how ekttricity is made.
. Emironmentd scholuships to be amtrded :uinually at .'9 of the state's accruhted o >lkges and universities
. Summer internshijd for 10 sektted colkge students
. Promoting emimamentd achievement and reagnition for Scouting units.
. Promotion and !1Ggilitio!) o[hiertilvAl e!Ilphryce alltreach and voltinto risni.
. Qinducting emironmentd essay contests for 7th gnule student.s in South Qtrolina.
. Spanhip of the South Qtrolina Dnironmentd Sym;wium in conjunction wtth the National Wildlife Fnleration, the South Qtrohna Wik!hfe federation, and the Oilkge of Chtrieston.
Santee Oger receind reagnition from the Amencan Public Raer Aweiation for its lW) annual repirt which was judgallet among the nation's Ltrgest publidy-ownal ekttric utihties. w
i l At Santee Cooper, we're providing service that extends x' yolk the power Lelivere( to nlore l t an onemillion South Carolinians. 1 I i 1 j HONITolilNG E MittlON S 1 ! Thmughout Santee 0 n;tri hotory a strong comniitment to emirolunental control has twa demonstratbl lhis is slloWil in die construCuofl alkl oj K' radon of the generating sllllofis-nic me mnamunpie as omnitment is shewn in deutun. Uniu a1 c,e,s sauen nus i tinit is being doigned widi state of the art emironmenLd _ . prokrtion ajuipment 1he equipment accounts for M cents of ClCII dollar IK'Ing spent to build the unit lhe PTol ectal hst of i 4 elhifollnlelllll MJllipa kill j!!Cllh!b: eleCtT(blaUc [TeCipit.ltoIh to g7 , i reinoVe partiClllate hlatter, a Olle gas dalll[IlrlZallon SBtelli lo remo\ e sulfur dioxide, special burners !O raluce nitrato of , a owgen. a solid miste fluttion sptem to render combthtion lp . j sq 40 pn Klucts inert, and dry dy ash silos to capture ash for reale 1he e . ed4 5 S te t Artut A renomng el ellViTolullellhll protection ajuIpmelil Mu i nW ved ! le conetam h Emissions are conunually monitoral and controllal at Sankt Onper. A recent survey shom the m. mi average sulfur dioxide emission rate for the state is two Inundgrr million DTl! 1his includo all utihty
- lollers in South Qtrolina. Santee 0 oper's sulfur dioxide emission rate is one luundi rr milhon DTU.
Sulfur duide is suslweted to le one of the major causes of acid rain DUILDING TO blFIVE O HbtrllClioll of Unit ] a! f/(r6 Stthan ht,pm in Ole fall of IM under die direClion of PraltlCtion Engineering and 0 instruction M;magement employees and Gilberttommonwetlth Inc., an , i architectural and enginwring finn from Reading. Itnnsyhnnia lhe construction is expectal to it complete in May IW1. and the unit will be on kne in November 191. m
M AKING U$ t OF D Y PF40DUC1$
$ b)ptl A!Liit of gellU d!!ng ektYtrlCi!) b d) ;bh Thb dtnty tiiateri.d b curretitly liiarleksi to x'ver;tl conc! vie pathicerno ;uutdditne in nl.ulufactunng concrete. Through efIorts of ;U n ibh taarketulg agent. S.uikt bmirr vill dlw tons of the pntluct in 1%)
l'.Ibrts to niarlet pind ;bh ha\e inemtel recently to alb,\ use of the nuten.d ;b a stab;hr.cr for to.Ldlit\ls. A k'st proh'Ct W;b btth!bhnlin llorf\ Oilllit) til IN to Clk%1 tile Millthllity of the All foi this purpise Ifit pants to he a Viable nudlul nuteral. the p ind ash v.hich mm has no ut win
! Atollie a \idtlable ;bx't to tlle ColbtTitC! loll ifIdlbifV 01 NE 81 ATIN O E L E C161101T Y hankt b W lj kT Ux'5 M'\VI'.d N inrCD lo fellerale ekVI i ,
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1 (d energ\ [ellerated,Sul) [KTCen! W;b ph KlHCed3 1 lbing Coal, l'i 9 percent 13 nuel . 9 xnt by oil,and(d phtnt hV hydndetnc. ((7[ Omvwd t) thrtT par Sankt O uper is a member of the Southeaster n 1:kvine lichabthty oiunciHSI:lO and \irginia-ikgo tws und en tel blIo Ill'.D Ike la Ik k!y birolip bkbt\ (). Tins. two org. ult?.atititb lielp stfqtti;ttd die relialillity of t Itttric wman, om W) nhuMMI4 Pl Ituti MT\I(e, i setaae sera 9
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e t I in 1%t Sankt 0 n;rt exltnmental by mixing wa kl che with coal to generate chttncity at jetieno SLition; hicated llear Mondo Dirner 'lhe wt nl chi}d em ne from tu nt er doA nal by I hirncane llugo 'lhe e\lVnment pn A nl $uic63fu} and reSulted in a full-time WO O ^ hip fuel pn T,ISn Approximately 20,(kA) tons of wml chips were burnal dunng 1%t 11) using wt al chip 3 for fuel Sa!I!LT b ojNr MlM\k ilppro\illLllely b lilk U jYr 111011N), W hlill Wlb paShl oli lo the clblonlers Thb pruicet alw enabkst Santee O nper to pnwide a vuble market for wint which wouhl hase otherwtw creatal an uncontnsllable fire hatrd The liurilitig of wo (I chil d tii lieti of co d ratilkst in rnltictioib in anibierit air citissiotb liccatiw w4 Al bilTlb nlllCh clduler dlall etLt! The lWah llottrly demand for llHO Was 23@ megawatts. WhiCh oCeutral on July IO, ll? M Thb was7.3;rreentless than lW) A totd of 613330 megawatthours of energy was sold to urgmia hmer and North Qtnihna f.a3 tern Mllllliipal hiWer AgellCv dilrilig die calelldar year Under tile olf sWten) Ntl6 coillT;lclN for a tolil of
$21,710.tk H S) Stent controllers ptitcliassl 9)3W liny,awaldiours of ellergy frot11 the litterconna1ed litIlltib to dbpl.lce fliglier Ctbt gelleratioli, for a Nlvings of $2%O17. Alvi, Oi,%) liny;lw;ttdiotirs of energy were Sohl to thV hlterconllectal utlhtl6 for a lo!al of $l3S7MI F De ANCIND S ANT [0 COOPtn POWL R lN) markN! the tIIIrd (onMTlllive )Mir Sankt O nlOr ha5 matheldt and soki minl !nndN l5ond sales in 1W0 set a record with ostr 45)lond3 soki totalhng $21 Es.l(0, an increaw of 21 percent osvr the IWbsue.
Thee londs are thal pnmarily for ongoing capital impnn ements for Sankt G n}rt and to pn nide etblomers, electric cin;rrative memt ers, and small investors in Sonth Qtrohna en opinrtunity tn hlly ta\ t\empt {Undi Through the mini lund pnignun, Sankt O nper ha> lten able to raise capnal at com;etitnt rates. Anodwr lonelit of the pne, ram has bxn the education of South Qtrohna rnident3 ainut Sankt u nper. 41
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. E' At Santee Ox)per, we're helping our neighbors With one Of our greatest Comnlunity resources . . .
Ourdedicateden1p Oyees. Sanst o,,per ann a 311, due a,unues hours nuk.cnig om ninmuune och e ce and work Empbyte partiapate in ctrttr dap and sent on adsierv luard3 :uid cinunitkvs. The l'nital \Wy prognun, which support > k cd eDorts such as the Blu\. alcohol and drug abuse pres ention. the IWrkeky Giunty l<ecue Squad and liabitat for llamanity is strongly supjurtal 15 Santee Goper. , ., , Tht ough S;uitte 0 oper's ongoing citiinutitient to (; , V ' emplogo, benefits such as yttri) phpicd etuiunations, smoking cesation courses, and CPR and first aid classe
, aregiven flyincrcisingawarenosofl otentialhedth
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i problems, employees can learn the imjutture of a v [ hCdN1) diet alld eNercise. y a h Safety is ahvap considerni not only on the job but 90 llle job as well Noiw monitonng. issuing personal protectise equipment, and deduig with hastabus una muee = is situations are all part of the safety plui at Sankt 0 nper iupu en new Anrna for rmotets m$xsd 81 3;ggy Qg op pggplgyg g hjgh {gtgggj j ff }} ;g g((g g} gy j j , }(7)() gggjjgggl gjgggjjgg;d luvune Amo. nlhrovenlen!a $6 O ,kI. k ktn elilf (D [6T vd1d d (ka C,ha(heloI,oIhIaduate de[rLD with the assistance of the company's'lliition Aid Paignuu More than IV1 employee are enrolled at Lcd colkges and universitio Aho,6Tl internal and extern:d training pnpms were completal by ainut 1310 emplovees. Sankt 0 o}tt has made a finn conunitment to equal opportunity emplovmeilt. Empliasis is placal on expanding hcd community contacts through cnic orgmixtuous, uieretsing area and e
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Telalioth iU hl htfl\ilig 10 plitCe IllillOf ttib Ill lhe , titihty'$ SulllllleT job progr;Un RinttiCAWiper ts . y,, NOk On f (( ch CI n k le e d Il( O k l Ih Oh h i but i3 al.c con unitted to tving an etunple in Ti r 4j ; idlfillalliY aC[} oil PIOgil% g j , y .y
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le(l0 Itf U allklT /N)[CIhe e(kfk( . y ' pl 4 7 ; ; wniceis beingimpnned byincretsing k 3 : --(
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elllf MTk lnVUbYlllen[ l)lO NIOgIiUn f0i k. a. n k h , . b
. M h M.6 sk .5L0 da,l' L . lik $pe . w. i Empknre l'articipation. PEl! promoto 3,., any , n,#
it!A-li:4 a4'e pMMr0 luullwork illlpr0\b C01111110nicatiolls, ;Uld ident100 impnntmeal Opportunitic. we uena um OfflRI fint 1he 1Wo On;uiciallenefits fmm the 162 PEP tuuns :ur estimatal at $617,826 The $;nings help --" a w a m..n. http cthtomer rates :unong the lownt in the %uthcot.
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,' i REPOST OF INDEPENDENT AUDITOtt$
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.- .11e Advisory ibard and Ibard (ifliinitars ' ,
J Sinthuindna PuNicSenict Aidstity t
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g Ikcember)l, FB0 and 194), and the rdakt! statemerits of accumulated earning rdamtalin the business
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. . Ivineted eathings, and cash am for the yean (fra endal Tlaw finandal sLitemens are dw reinnsiblhty . ,
; i tif the Autiotity a numagenrnt Otir resgmihhty'is to expnss an opinion m thew fmancial statenwnts bud -.
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' ' 2 WV rtulacted dataudits hi accordancesith generally acceptal uniting standank Tine standards
. rnitdre that de plan and p:rform the audit to ohhun reanuNe assunmee aluut whether 0e financial statenicuts are friy of material niisstatement An audit hidudes examlning. on a tot kWs, oidence .
%x y suppstig the amounts and dhclwures in 0w finacial statemchts Ari audit aba indudo amsing the ,[
) accounting 'prind[b used and signifcant etintdes nale 14 man.igement, as wrll as oWuating the turrall
$m , fmancial statement prnentatkni, We kine tha! :nir mists pankle it rta+nalde basis for our bpinion
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, "Ihe Ilnancial s'aiements 6! the Soudt Qmdina Pubhc Senu Authority stre intended to punt the n fmancial pinok tsuhs of opetalkms ed cash Oniof pnymetary fund t)p of only that }ortion of dit : ,
flinits and amowit grougs of ths State of South utrohna that b uttributalk to the transactk m 6f tie $nuth '
- Cairena PublicSenice Authoritt --" , ;
a , ' . ) in out opinion l the financtd'statenents referred tolthw pawnt faith in all uiaterialiebets, the n imantbl pWtion of the South attdina Public Senice Authanty at Ibcemler 51JhD and IM) ed the n" resultiofits opaums and its cash fins for the yem then ended in cmfontilty hidi geacndly accepted x i L-ticiwnt ggpnnciplC . ,
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