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South Carolina Power Team

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uuid000qtuf

Namestring
South Carolina Power Team
Legal namestring
South Carolina Power Team
Websiteurl
scpowerteam.com
Company typeenum
Private
Founded yearint
2014
Descriptiontext

South Carolina Power Team is the economic development organization representing South Carolina's 19 consumer-owned electric cooperatives. Founded under a Strategic Blueprint adopted in January 2014 and led by President and CEO James A. Chavez, the nonprofit is headquartered at 1201 Main St., Suite 1710, Columbia, SC, and operates as the unified economic development platform for cooperative service territory covering all 46 counties, 72,000+ miles of power lines, and 1.6 million South Carolinians (~70% of the state). Its core function is to attract and retain capital investment and jobs within cooperative territory by providing project management, site readiness funding, and business retention and expansion services at no cost to businesses, site selectors, or communities. Funding flows from the 19 member electric cooperatives through a Board of Trustees governance structure.

The organization's product surface combines a web-based site selection platform with bespoke consulting. The platform delivers Property Search, a Labor Study Tool that analyzes underemployment and commuting patterns, Water and Wastewater Study results, SC Power Sites (pre-certified industrial sites), and Foreign Direct Investment resources. Surrounding services include Project Management, Business Retention & Expansion, Community Development (workforce training, strategic planning), Professional Development, Renewable Solutions, and two financial incentive mechanisms — the Site Readiness Fund (SRF) and Cooperative Recruitment and Expansion Fund (CoRE) — which have deployed $71.9M to leverage $330M on 57 projects since 2014. Six target industries are prioritized: agribusiness, automotive, clean energy, corporate operations, legacy members, and life sciences.

The go-to-market motion is enterprise field sales: the team engages directly with corporate site selectors, coordinates with state agencies (SC Department of Commerce, Santee Cooper), and operates as the cooperative-territory counterpart to state-level economic development efforts. Notable project wins include Samsung's Newberry County washing machine facility (2017, $380M / 950 jobs), EFP's Lee County packaging plant ($46.9M / 110 jobs as of March 2025), and Crown Health Care Laundry Services' processing plant (Lee County, 2018). Since 2014, the organization has attributed $22.2B in announced capital investment, 46,727 jobs created, and $82.1B in economic impact to its pipeline.

Short descriptiontext

The South Carolina Power Team is a nonprofit economic development organization representing the state's 19 electric cooperatives, providing free site selection, project management, and financial incentive services to businesses, site selectors, and communities across 46 South Carolina counties serving 1.6 million residents.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersColumbia, United States
HQ citystring
Columbia
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
economic development services, site selection tools, business recruitment, workforce development, community development
Industry1 code
1Electric Cooperatives (Rural/Member-Owned Utilities)
CodeEUADABACPrimaryYes
NAICS code2 codes
  • Electric Power Generation, Transmission and Distribution2211
  • Electric Power Distribution221122
SIC code1 code
  • Electric Services4911
Product category
Economic Development Services
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Economic Development Services
TypeProfessional Services
Description

The South Carolina Power Team is a non-profit economic development organization that provides services at no cost to businesses, communities, and site selectors. Funding comes from the 19 electric cooperatives of South Carolina.

scpowerteam.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

South Carolina Power Team is a non-profit economic development organization that represents South Carolina's 19 electric cooperatives and provides site selection tools, project management, business retention and expansion services, financial incentive programs (Site Readiness Fund and Cooperative Recruitment and Expansion Fund), and community development support to businesses, site selectors, and communities at no direct cost. Services are delivered through a network of 19 electric cooperatives covering 46 counties and 72,000+ miles of power lines.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • $22.2B in announced capital investment since 2014
+3 more records
Product overview1 text field

South Carolina Power Team is a non-profit economic development organization that serves as a unified platform offering multiple interconnected services for businesses, site selectors, and communities. The core offering consists of Site Selection Tools (including Property Search, Labor Study Tool, and SC Power Sites database) complemented by Project Management Services, Business Retention & Expansion programs, and Financial Programs (Site Readiness Fund and CoRE). Additional services include Community Development (workforce development, training, strategic planning) and Renewable Solutions. The organization represents South Carolina's 19 electric cooperatives and focuses on six target industries: Agribusiness, Automotive, Clean Energy, Corporate Operations, Legacy Members, and Life Sciences.

Product and service8 records
1Site Selection Tools
CategorySite Selection Tools
Description

Comprehensive online tools for site selectors including property search, community comparison, labor study analysis, water and wastewater study results, foreign direct investment support, and location analysis to help businesses identify optimal locations in South Carolina.

2Project Management Services
CategoryProject Management
Description

Economic development consulting services that assist companies throughout the site selection process, providing innovative solutions to overcome location decision challenges within South Carolina's electric cooperative territory.

3Business Retention & Expansion
CategoryBusiness Retention & Expansion
Description

Support services for existing businesses including industrial expansion assistance, partnership creation, and programs to enhance company success within cooperative power system service areas.

4Financial Programs (Site Readiness Fund and CoRE)
CategoryFinancial Programs
Description

Financial incentive programs including the Site Readiness Fund (SRF) and Cooperative Recruitment and Expansion Fund (CoRE) to support community development and business growth across South Carolina's electric cooperative territory.

5Community Development
CategoryCommunity Development
Description

Services including workforce/talent development, customized training, strategic planning, and resources to position communities for future growth in cooperative territory.

6Labor Study Tool
CategorySite Selection Tools
Description

Workforce analysis tool that analyzes available labor, including underemployment and true commuting patterns, and enables comparison of communities against any in the United States.

7SC Power Sites
CategorySite Selection Tools
Description

Pre-certified industrial sites and buildings database within electric cooperative service territory, including shovel-ready locations for rapid development.

8Renewable Solutions
CategoryRenewable Energy / Sustainability
Description

Renewable energy and sustainability-focused economic development initiatives supporting clean energy industries and sustainable business practices.

Scale indicator10 records

Each record includes

Type, Value, Description, Source

Partnership24 partners
Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2018-01-01
Description

Represents Sumter and Lee Counties, convened funding partners for I-20 Industrial Center improvements that led to EFP's location in Lee County.

2South Carolina Department of Commerce
Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2017-01-01
Description

State agency partnered with South Carolina Power Team and Newberry Electric Cooperative to provide resources for Samsung's Newberry County facility acquisition.

scpowerteam.com
Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2017-01-01
Description

State-owned utility partnered with South Carolina Power Team and Newberry Electric Cooperative to provide resources for Samsung's Newberry County facility acquisition.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Non-profit transmission company that provides total wholesale electric service to all 19 of South Carolina's electric cooperatives. Transmission assets consist of over 800 miles of lines and represents the only statewide electric system in South Carolina.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

The 19 distribution cooperatives serve over 150,000 members across all 46 counties, own and operate over 72,000 miles of power lines covering 70% of South Carolina, and invest millions in community infrastructure and site improvement projects.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

One of 19 electric cooperatives serving members in South Carolina.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

One of 19 electric cooperatives, serving over 125,000 meters in parts of Berkeley, Charleston and Dorchester counties.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

One of 19 electric cooperatives serving Lee County (I-20 Industrial Center). Provided funding for site readiness improvements.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

One of 19 electric cooperatives serving members in South Carolina.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

One of 19 electric cooperatives serving members in South Carolina.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

One of 19 electric cooperatives serving members in South Carolina.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

One of 19 electric cooperatives serving members in South Carolina.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

One of 19 electric cooperatives serving members in South Carolina.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

One of 19 electric cooperatives serving members in South Carolina.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

One of 19 electric cooperatives serving members in South Carolina.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

One of 19 electric cooperatives serving members in South Carolina.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

One of 19 electric cooperatives serving members in South Carolina.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

One of 19 electric cooperatives serving members in South Carolina.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

One of 19 electric cooperatives serving members in South Carolina.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

One of 19 electric cooperatives that provided funding support for Samsung's Newberry County facility.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

One of 19 electric cooperatives serving members in South Carolina.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

One of 19 electric cooperatives serving members in South Carolina.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

One of 19 electric cooperatives serving members in South Carolina.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

One of 19 electric cooperatives serving members in South Carolina.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeRegional player
Description

Charleston-region EDO competing for similar site-selection projects within South Carolina; comparable business model of regional recruitment, workforce analysis, and incentive packaging, but focused on the Lowcountry.

TypeOthers
Description

National brand and cooperative-marketing program for the U.S. electric cooperative network; provides co-branded economic development and community resources that complement state-level cooperative EDOs like SC Power Team.

TypeBroad incumbent
Description

South Carolina's primary state-level economic development agency—competes with and partners alongside SC Power Team to recruit industrial investment; the dominant statewide EDO with broader statutory authority and budget.

TypeBroad incumbent
Description

South Carolina's state-owned electric and water utility and a documented strategic partner of SC Power Team; operates an industrial recruitment arm with overlapping goals in attracting load and capital investment to SC.

TypeRegional player
Description

Regional EDO representing Sumter and Lee Counties in South Carolina and a direct partner on the I-20 Industrial Center projects that fed SC Power Team wins like EFP; comparable in regional scope but smaller geographic remit.

TypeDirect peer
Description

Generation-and-transmission cooperative serving member distribution co-ops in Alabama and the Florida Panhandle; runs cooperative-affiliated economic development initiatives and faces similar rural-territory dynamics to SC Power Team.

TypeBroad incumbent
Description

Investor-owned utility with a dedicated economic development team serving the Gulf South and Mid-South; offers site selection, incentive coordination, and grid-readiness advisory comparable to SC Power Team's utility-adjacent services.

TypeBroad incumbent
Description

Investor-owned utility with a formal economic development organization recruiting industrial load across the Carolinas and Southeast; offers overlapping site selection, incentives, and grid-readiness services from a vertically integrated utility.

TypeDirect peer
Description

Statewide trade association for Georgia's 41 electric membership cooperatives (EMCs), providing coordinated economic development, legislative, and operational services comparable to SC Power Team's 19-cooperative model.

TypeDirect peer
Description

Statewide association and economic development arm for North Carolina's electric cooperatives, serving rural NC with site selection, project management, and community development—structurally the closest analog to SC Power Team.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment8 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles9 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

South Carolina Power Team

Economic Development Servicesscpowerteam.com

The South Carolina Power Team is a nonprofit economic development organization representing the state's 19 electric cooperatives, providing free site selection, project management, and financial incentive services to businesses, site selectors, and communities across 46 South Carolina counties serving 1.6 million residents.

What South Carolina Power Team does

South Carolina Power Team is the economic development organization representing South Carolina's 19 consumer-owned electric cooperatives. Founded under a Strategic Blueprint adopted in January 2014 and led by President and CEO James A. Chavez, the nonprofit is headquartered at 1201 Main St., Suite 1710, Columbia, SC, and operates as the unified economic development platform for cooperative service territory covering all 46 counties, 72,000+ miles of power lines, and 1.6 million South Carolinians (~70% of the state). Its core function is to attract and retain capital investment and jobs within cooperative territory by providing project management, site readiness funding, and business retention and expansion services at no cost to businesses, site selectors, or communities. Funding flows from the 19 member electric cooperatives through a Board of Trustees governance structure.

The organization's product surface combines a web-based site selection platform with bespoke consulting. The platform delivers Property Search, a Labor Study Tool that analyzes underemployment and commuting patterns, Water and Wastewater Study results, SC Power Sites (pre-certified industrial sites), and Foreign Direct Investment resources. Surrounding services include Project Management, Business Retention & Expansion, Community Development (workforce training, strategic planning), Professional Development, Renewable Solutions, and two financial incentive mechanisms — the Site Readiness Fund (SRF) and Cooperative Recruitment and Expansion Fund (CoRE) — which have deployed $71.9M to leverage $330M on 57 projects since 2014. Six target industries are prioritized: agribusiness, automotive, clean energy, corporate operations, legacy members, and life sciences.

The go-to-market motion is enterprise field sales: the team engages directly with corporate site selectors, coordinates with state agencies (SC Department of Commerce, Santee Cooper), and operates as the cooperative-territory counterpart to state-level economic development efforts. Notable project wins include Samsung's Newberry County washing machine facility (2017, $380M / 950 jobs), EFP's Lee County packaging plant ($46.9M / 110 jobs as of March 2025), and Crown Health Care Laundry Services' processing plant (Lee County, 2018). Since 2014, the organization has attributed $22.2B in announced capital investment, 46,727 jobs created, and $82.1B in economic impact to its pipeline.

South Carolina Power Team firmographics

Firmographics
Name
South Carolina Power Team
Legal name
South Carolina Power Team
Website
https://scpowerteam.com
Company type
Private
Founded year
2014
Operating status
Operating
Headcount range
11–50 employees
Short description
The South Carolina Power Team is a nonprofit economic development organization representing the state's 19 electric cooperatives, providing free site selection, project management, and financial incentive services to businesses, site selectors, and communities across 46 South Carolina counties serving 1.6 million residents.
Ownership category
akta.pro rank

South Carolina Power Team industry classification

Industry
Product category
Economic Development Services
NAICS
Electric Power Generation, Transmission and Distribution (2211), Electric Power Distribution (221122)
SIC
Electric Services (4911)
akta.pro primary industry
Electric Cooperatives (Rural/Member-Owned Utilities) (EUADABAC)

Keywords

  • Economic development services
  • Site selection tools
  • Business recruitment
  • Workforce development
  • Community development

Where South Carolina Power Team is headquartered

Location

Headquarters

HQ city
Columbia
HQ country
United States
HQ region
North America

Offices1 record

Markets served

South Carolina Power Team business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

  1. Economic Development Services: The South Carolina Power Team is a non-profit economic development organization that provides services at no cost to businesses, communities, and site selectors. Funding comes from the 19 electric cooperatives of South Carolina.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

South Carolina Power Team product offering

Product offering

Core offering

South Carolina Power Team is a non-profit economic development organization that represents South Carolina's 19 electric cooperatives and provides site selection tools, project management, business retention and expansion services, financial incentive programs (Site Readiness Fund and Cooperative Recruitment and Expansion Fund), and community development support to businesses, site selectors, and communities at no direct cost. Services are delivered through a network of 19 electric cooperatives covering 46 counties and 72,000+ miles of power lines.

Product overview

South Carolina Power Team is a non-profit economic development organization that serves as a unified platform offering multiple interconnected services for businesses, site selectors, and communities. The core offering consists of Site Selection Tools (including Property Search, Labor Study Tool, and SC Power Sites database) complemented by Project Management Services, Business Retention & Expansion programs, and Financial Programs (Site Readiness Fund and CoRE). Additional services include Community Development (workforce development, training, strategic planning) and Renewable Solutions. The organization represents South Carolina's 19 electric cooperatives and focuses on six target industries: Agribusiness, Automotive, Clean Energy, Corporate Operations, Legacy Members, and Life Sciences.

Differentiator

Problem solved

Functional benefit

Products and services

  • Site Selection Tools Comprehensive online tools for site selectors including property search, community comparison, labor study analysis, water and wastewater study results, foreign direct investment support, and location analysis to help businesses identify optimal locations in South Carolina.
  • Project Management Services Economic development consulting services that assist companies throughout the site selection process, providing innovative solutions to overcome location decision challenges within South Carolina's electric cooperative territory.
  • Business Retention & Expansion Support services for existing businesses including industrial expansion assistance, partnership creation, and programs to enhance company success within cooperative power system service areas.
  • Financial Programs (Site Readiness Fund and CoRE) Financial incentive programs including the Site Readiness Fund (SRF) and Cooperative Recruitment and Expansion Fund (CoRE) to support community development and business growth across South Carolina's electric cooperative territory.
  • Community Development Services including workforce/talent development, customized training, strategic planning, and resources to position communities for future growth in cooperative territory.
  • Labor Study Tool Workforce analysis tool that analyzes available labor, including underemployment and true commuting patterns, and enables comparison of communities against any in the United States.
  • SC Power Sites Pre-certified industrial sites and buildings database within electric cooperative service territory, including shovel-ready locations for rapid development.
  • Renewable Solutions Renewable energy and sustainability-focused economic development initiatives supporting clean energy industries and sustainable business practices.

Quantifiable outcome

  • $22.2B in announced capital investment since 2014
  • +3 more outcomes

Companies that use South Carolina Power Team

Customer profile

Named customers3 records

Segments8 records

Ideal customer profiles3 records

South Carolina Power Team technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

South Carolina Power Team partnerships and signals

Strategic signal

Partnerships

24 partnerships are on record, tiered major and core.

  • TheLINK Economic Development AlliancemajorStrategic or Co-development Partner · 1 January 2018Represents Sumter and Lee Counties, convened funding partners for I-20 Industrial Center improvements that led to EFP's location in Lee County.
  • South Carolina Department of CommercemajorStrategic or Co-development Partner · 1 January 2017State agency partnered with South Carolina Power Team and Newberry Electric Cooperative to provide resources for Samsung's Newberry County facility acquisition.
  • Santee CoopermajorStrategic or Co-development Partner · 1 January 2017State-owned utility partnered with South Carolina Power Team and Newberry Electric Cooperative to provide resources for Samsung's Newberry County facility acquisition.
  • Central Electric CooperativecoreStrategic or Co-development PartnerNon-profit transmission company that provides total wholesale electric service to all 19 of South Carolina's electric cooperatives. Transmission assets consist of over 800 miles of lines and represents the only statewide electric system in South Carolina.
  • South Carolina Electric Cooperatives (19 cooperatives)coreStrategic or Co-development PartnerThe 19 distribution cooperatives serve over 150,000 members across all 46 counties, own and operate over 72,000 miles of power lines covering 70% of South Carolina, and invest millions in community infrastructure and site improvement projects.
  • Aiken Electric CooperativecoreStrategic or Co-development PartnerOne of 19 electric cooperatives serving members in South Carolina.
  • Berkeley Electric CooperativecoreStrategic or Co-development PartnerOne of 19 electric cooperatives, serving over 125,000 meters in parts of Berkeley, Charleston and Dorchester counties.
  • Black River Electric CooperativecoreStrategic or Co-development PartnerOne of 19 electric cooperatives serving Lee County (I-20 Industrial Center). Provided funding for site readiness improvements.
  • Blue Ridge Electric CooperativecoreStrategic or Co-development PartnerOne of 19 electric cooperatives serving members in South Carolina.
  • Broad River Electric CooperativecoreStrategic or Co-development PartnerOne of 19 electric cooperatives serving members in South Carolina.
  • Coastal Electric CooperativecoreStrategic or Co-development PartnerOne of 19 electric cooperatives serving members in South Carolina.
  • Edisto Electric CooperativecoreStrategic or Co-development PartnerOne of 19 electric cooperatives serving members in South Carolina.
  • Fairfield Electric CooperativecoreStrategic or Co-development PartnerOne of 19 electric cooperatives serving members in South Carolina.
  • Horry Electric CooperativecoreStrategic or Co-development PartnerOne of 19 electric cooperatives serving members in South Carolina.
  • Laurens Electric CooperativecoreStrategic or Co-development PartnerOne of 19 electric cooperatives serving members in South Carolina.
  • Little River Electric CooperativecoreStrategic or Co-development PartnerOne of 19 electric cooperatives serving members in South Carolina.
  • Lynches River Electric CooperativecoreStrategic or Co-development PartnerOne of 19 electric cooperatives serving members in South Carolina.
  • MPD Electric CooperativecoreStrategic or Co-development PartnerOne of 19 electric cooperatives serving members in South Carolina.
  • Mid-Carolina Electric CooperativecoreStrategic or Co-development PartnerOne of 19 electric cooperatives serving members in South Carolina.
  • Newberry Electric CooperativecoreStrategic or Co-development PartnerOne of 19 electric cooperatives that provided funding support for Samsung's Newberry County facility.
  • Palmetto Electric CooperativecoreStrategic or Co-development PartnerOne of 19 electric cooperatives serving members in South Carolina.
  • Santee Electric CooperativecoreStrategic or Co-development PartnerOne of 19 electric cooperatives serving members in South Carolina.
  • Tri-County Electric CooperativecoreStrategic or Co-development PartnerOne of 19 electric cooperatives serving members in South Carolina.
  • York Electric CooperativecoreStrategic or Co-development PartnerOne of 19 electric cooperatives serving members in South Carolina.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

South Carolina Power Team competitors and assessment

Company assessment

Regional players

  • Charleston Regional Development Alliance (CRDA): Charleston-region EDO competing for similar site-selection projects within South Carolina; comparable business model of regional recruitment, workforce analysis, and incentive packaging, but focused on the Lowcountry.
  • TheLINK Economic Development Alliance: Regional EDO representing Sumter and Lee Counties in South Carolina and a direct partner on the I-20 Industrial Center projects that fed SC Power Team wins like EFP; comparable in regional scope but smaller geographic remit.

Others

  • Touchstone Energy Cooperatives: National brand and cooperative-marketing program for the U.S. electric cooperative network; provides co-branded economic development and community resources that complement state-level cooperative EDOs like SC Power Team.

Broad incumbents

  • SC Department of Commerce: South Carolina's primary state-level economic development agency—competes with and partners alongside SC Power Team to recruit industrial investment; the dominant statewide EDO with broader statutory authority and budget.
  • Santee Cooper: South Carolina's state-owned electric and water utility and a documented strategic partner of SC Power Team; operates an industrial recruitment arm with overlapping goals in attracting load and capital investment to SC.
  • Entergy Economic Development: Investor-owned utility with a dedicated economic development team serving the Gulf South and Mid-South; offers site selection, incentive coordination, and grid-readiness advisory comparable to SC Power Team's utility-adjacent services.
  • Duke Energy Economic Development: Investor-owned utility with a formal economic development organization recruiting industrial load across the Carolinas and Southeast; offers overlapping site selection, incentives, and grid-readiness services from a vertically integrated utility.

Direct peers

  • PowerSouth Energy Cooperative: Generation-and-transmission cooperative serving member distribution co-ops in Alabama and the Florida Panhandle; runs cooperative-affiliated economic development initiatives and faces similar rural-territory dynamics to SC Power Team.
  • Georgia Electric Membership Corporation (Georgia EMC): Statewide trade association for Georgia's 41 electric membership cooperatives (EMCs), providing coordinated economic development, legislative, and operational services comparable to SC Power Team's 19-cooperative model.
  • North Carolina's Electric Cooperatives: Statewide association and economic development arm for North Carolina's electric cooperatives, serving rural NC with site selection, project management, and community development—structurally the closest analog to SC Power Team.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

South Carolina Power Team social profiles

Digital presence

South Carolina Power Team financial estimates

Financial estimate

Revenue estimate

Valuation estimate

South Carolina Power Team leadership team

Management profile

Number of profiles

Profiles9 records

South Carolina Power Team funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

South Carolina Power Team M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about South Carolina Power Team

What does South Carolina Power Team do?

South Carolina Power Team is a non-profit economic development organization that represents South Carolina's 19 electric cooperatives and provides site selection tools, project management, business retention and expansion services, financial incentive programs (Site Readiness Fund and Cooperative Recruitment and Expansion Fund), and community development support to businesses, site selectors, and communities at no direct cost. Services are delivered through a network of 19 electric cooperatives covering 46 counties and 72,000+ miles of power lines.

Is South Carolina Power Team a public or private company?

South Carolina Power Team is a private company. It is classified as corporate owned and is currently operating.

When was South Carolina Power Team founded?

South Carolina Power Team was founded in 2014. It employs 11 to 50 people.

Where is South Carolina Power Team based?

South Carolina Power Team is headquartered in Columbia, United States, in the North America region.

How does South Carolina Power Team make money?

One revenue line is on record: economic Development Services.

Who are South Carolina Power Team's main competitors?

Regional players on record are Charleston Regional Development Alliance (CRDA) and TheLINK Economic Development Alliance. Touchstone Energy Cooperatives is listed as an others. Broad incumbents are SC Department of Commerce, Santee Cooper, Entergy Economic Development and Duke Energy Economic Development. Direct peers are PowerSouth Energy Cooperative, Georgia Electric Membership Corporation (Georgia EMC) and North Carolina's Electric Cooperatives.

Does South Carolina Power Team have an API?

No public API is recorded for South Carolina Power Team.

What industry is South Carolina Power Team in?

South Carolina Power Team's product category is Economic Development Services. Its primary akta.pro industry code is EUADABAC, Electric Cooperatives (Rural/Member-Owned Utilities). Its NAICS code is 2211 and its SIC code is 4911.

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