The increase in fuel costs have led state-owned utility Santee Cooper to look at slashing $100 million from its budget. The utility is unable to raise rates for three more years due to its role in the failed building of two nuclear reactors. The utility has not identified where the cuts will be made but layoffs or job cuts are not expected at this time. More: AP News
In other headlines:
How S.C. is reacting to Chris Rock being slapped. Chris Rock was born in Andrews, South Carolina, shortly before his family moved to Brooklyn. On Sunday at the Oscars, the comedian made a joke aimed at another actor’s wife. Will Smith then assaulted Rock on stage, creating controversy. This story looks at how those in South Carolina — and those who have grown up here — have reacted to the incident. More: The State
Program offers help to homeowners set back by pandemic. The SC Homeowner Rescue Program, under federal funding, is looking to provide the same kind of assistance to state homeowners that SC Housing’s SC Stay Plus program has done for renters amid the pandemic upheavals. More: South Carolina Public Radio
Median home price in S.C. nears $300k in February. Buying a house? Homebuyers in South Carolina are now paying nearly $46,000 more from February 2021 and $72,000 more than two years ago, according to data from the S.C. Realtors Association. The median price of a home in the state was recorded at nearly $300,000 in February. More: The Post and Courier
S.C. Ag head Weathers talks vital role of farms in economy. S.C. Commission of Agriculture Hugh Weathers recently talked about the state’s No. 1 industry: agriculture, which has a $50 billion impact annually. More: Southern Farm Network
- To get dozens of South Carolina news stories every business day, contact the folks at SC Clips.
Help keep the City Paper free.
No paywalls.
No subscription cost.
Free delivery at 800 locations.
Help support independent journalism by donating today.