Columbia is 100 miles south of Downtown Charlotte. The new contract was a renegotiation of a 1997 plan, which would have fallen short of demand. The agreement calls for South Carolina Electric to supply Orangeburg DPU initial daily capacity of153 megawatts of electricity.
The previous contract, due to run through 2003, later this year would have reduced the amount of electricity to about 100 megawatts, leaving Orangeburg about 50 megawatts short of projected capacity requirements.
South Carolina Electric sold more than 23 million megawatt hours of electricity last year. The company provides service to more than 537,000 customers in a 15,000 square mile area of central and south Carolina.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
