Santee Cooper Mini-Bonds, which are exempt from federal and South Carolina state taxes, are available twice a year for purchase by residents of South Carolina and customers of Santee Cooper, members of the state’s electric cooperatives, and electric customers of the city of Georgetown and the Bamberg Board of Public Works. Interest rates on the spring sale varied according to the bond maturity dates, which range from 2013 through 2030. The maximum purchase allowed was $50,000 per individual.

Proceeds from the spring 2010 Mini-Bond sale will be used to fund capital improvements to Santee Cooper’s transmission system, which serves electric customers throughout South Carolina and which achieved an enviable reliability rate of 99.9989 percent in 2009. Orders will be taken for the fall 2010 sale during the month of October.

Santee Cooper is South Carolina’s state-owned electric and water utility, and the state’s largest power producer. The ultimate source of electricity for 2 million South Carolinians, Santee Cooper is dedicated to being the state’s leading resource for improving the quality of life for the people of South Carolina. For more information, visit www.santeecooper.com.