Santee Cooper is South Carolina's state-owned electric and water utility. Our rates are designed to recover costs and provide for future electric needs, rather than to earn a profit. We have no shareholders.

Santee Cooper rates are designed in accordance with several guiding principles, which are to:

• Provide the revenue required to preserve the financial integrity of Santee Cooper
  
• Allocate costs to specific customer classes in a reasonable, equitable and defendable manner
  
• Support economic development, job attraction and retention that benefits all of our customers
  
• Develop rates that encourage customers to use electricity in an efficient manner
• Avoid undue price fluctuations
  
• Maintain a system of rates that is understandable to customers and not unduly burdensome to administer