COLUMBIA, SC (WCBD) – Reform is in the works for electric cooperatives in South Carolina.
A new bill introduced at the Statehouse would allow the Office of Regulatory Staff to review the co-ops for the first time.
The agency would audit co-ops to let them know if they are spending their money properly.
It would also look into whether the co-op follows state law.
Regulatory Staff, however, would not have the authority to question or change utility rates.
If the bill passes, co-ops would have to make it easier for you, the ratepayer, to vote in board elections.
Co-op directors also would not be allowed to fill board vacancies themselves.