Santee Cooper board
head forced from job Governor removes
Graham Edwards By Josh
Hoke The Sun
News
COLUMBIA - Graham Edwards was removed
from his post as chairman of Santee Cooper's Board of Directors on
Friday through Executive Order 2004-33 from Gov. Mark Sanford.
Sen. Luke Rankin, R-Myrtle Beach, criticized the move, which he
said could affect the electric rates paid in Horry and Georgetown
counties.
Edwards has been the central figure in Santee Cooper's ongoing
battle with state officials over the appropriations of money to the
state Treasury. Despite requests from state officials, including
Sanford, Santee Cooper decided in October it would not give the
state any more than the $13.5 million it has already pledged.
Sanford's press secretary, Will Folks, said the governor met with
Edwards on Wednesday and told him of the pending dismissal. Sanford
appointed Guerry Green, a Pawleys Island resident, to head the board
on an interim basis. Both Edwards and Green were unavailable for
comment Friday night.
The state-owned utility, which serves Horry, Georgetown and
Berkeley counties, gives the state 1 percent of its revenues each
year, usually about $11 million.
But Sanford had pushed Santee Cooper's Board of Directors to
allocate more money to the state, including the profits from the
sale of 33 parcels of property throughout the region.
"It's not about any one person or any one personality," Folks
said. "It's about a board that has an amazing degree of
institutional knowledge, but from time to time it has been hesitant
to consider change. ... We happen to believe that there are some
deficiencies."
Folks released a letter from Sanford to Edwards in which the
governor questioned the recent actions of Santee Cooper's board.
"As we have discussed, getting board dynamics right is very
important in the functioning of a board, and as we both know,
through no particular fault of your own or anyone else's on the
board, the dynamics just haven't worked on that board," Sanford
wrote.
The move came as a surprise to Rankin. He said that Edwards'
removal, as well Sanford's other recent moves toward Santee Cooper,
could harm ratepayers throughout the Grand Strand.
Rankin pushed for legislation earlier this year that would limit
any extra funds that Santee Cooper could pay to the state.
"What is at issue is a sudden change of a chairman," he said. "It
calls into question the effect on the customer and their rates. ...
I wanted to try to block the board's decision to give excess money
because I did not want it to affect the stable price of electricity
here.
"I think [ratepayers] should have a heightened awareness of
what's happening at Santee Cooper, and watch closely and have their
voices heard over the next short while." |