Business Retention and Expansion
Our full BRE program is centered on creating partnerships that reinforce customer service and success, as we strive each year to visit as many companies as possible throughout South Carolina’s electric cooperatives service areas. These on-site visits along with additional communications provide vital information as to the resources and incentives businesses need to be successful and to expand in South Carolina.
Business expansions continue to be a viable part of the South Carolina economy. SC Power Team and the 20 electric cooperatives are committed to being a strong utility partner to those we serve.
In 2017, 39 percent of the announcements were major industrial expansions within our system. The SC Power Team invested significant SCEDIF funds in many of these expansions. The investments facilitated more than $768 million in new capital and will create more than 3,357 new jobs in South Carolina.
Expansion Consultations & Existing Industry Incentives
Industrial and distribution customers within South Carolina’s electric cooperative service area – who are considering a major capital investment in new building space or new equipment – are potentially eligible for economic development incentives similar to those received by companies who relocate to South Carolina from out-of-state.
South Carolina Power Team’s unique resources, such as Santee Cooper Economic Development Investment Fund Grants (SCEDIF) and affordable, incentive electric rates, are also available for companies considering expansion in South Carolina in our electric service area.
Relationship Liaison & Referral Agent
Our team is committed to assisting your business in its success, as oftentimes, our company visits uncover issues that are not directly related to electric power or expansion needs.
SC Power Team is here to assist you in finding a solution to your business needs and to serve as your liaison and referral agent, as we maintain on-going relationships with critical state agencies and other crucial resources in South Carolina.
- South Carolina Department of Commerce (SCDOC)
- South Carolina Department of Health & Environmental Control (SC DHEC)
- South Carolina Department of Transportation (SCDOT)
- South Carolina Department of Revenue (SCDOR)
- County and regional economic development agencies
- Apprenticeship Carolina™
- ECI-Find New Markets
- South Carolina Manufacturing Extension Partnership (SCMEP)
- Business Development Corporation of SC (BDC) / Certified Development Corporation of SC (CDC)
We want to make expansion and investment at your facility more achievable. Contact us today to arrange a visit to your company or to share your growth plan with us.