Infrastructure
Energy
Companies will benefit from South Carolina having one of the lowest industrial power rates in the nation, costing an average of only 4.55 cents per kilowatt hour (about 20% less than the national average), without sacrificing service or reliability. South Carolina’s four generating utilities have a combined capacity of 22.551 gigawatts to support the growth of industry in the state. South Carolina is frequently recognized by publications and organizations as one of the most business-friendly states.
South Carolina has the most nuclear capacity of all Southeastern states ranking third among the 31 states with nuclear power capacity. Four nuclear power plants supply about half the state’s electricity demand, with several new ones slated to come on line by 2015 pending the completion of licensing and construction. Nuclear power, which is emission-free, has been generated by plants in the Palmetto State since the early 1970’s.