Duke Energy to expand renewables in South Carolina
October 17, 2018
Duke Energy is planning to expand renewable energy options for its commercial and industrial customers in South Carolina. The Green Source Advantage programme will give large non-residential customers the option to secure solar or other renewable energy to satisfy their sustainability or clean energy goals.
Duke Energy's South Carolina large business customers will have an opportunity to participate in a renewable energy programme where they receive bill credits for energy produced by a solar site not located on the customers' premises. The programme also enables them to retain the renewable energy certificates produced by the facility.
"We've received significant interest from our large commercial and industrial customers in offering programmes that help them meet their sustainability goals," said Kodwo Ghartey-Tagoe, Duke Energy's South Carolina president. "The Green Source Advantage programme will leverage renewable energy options to do just that."
The programme must be approved by the Public Service Commission of South Carolina before it can be offered to customers.
If approved, the programme would provide up to 150MW of reserved renewable energy capacity. From that 150MW, 113MW will be reserved for customers of Duke Energy Carolinas, which primarily serves the upstate of South Carolina, and 37MW will be reserved for customers of Duke Energy Progress, primarily serving the Pee Dee region including Florence and Sumter counties.
Participation in the programme will be on a first-come, first-served basis. Participants must be located in the same utility service territory as the facilities providing the renewable energy, but those facilities can be located in either North Carolina or South Carolina.
As a result of legislation passed in 2014 – commonly known as Act 236 – Duke Energy and its customers have helped make South Carolina one of the country's success stories for renewable energy. In 2017, South Carolina jumped to eighth in the country for the amount of solar installed during the year.
Act 236 provided a framework for consumers to install solar on their homes and businesses through strategic programmes such as the net metering incentive and solar rebate offerings. In addition to the net metering incentive, the company has provided more than $50m in rebates as an extra incentive for customers who wanted to go solar across South Carolina.
Duke Energy also launched a shared solar programme this summer that allows its customers to participate in the renewable marketplace without installing solar panels at their homes or businesses.
Headquartered in Charlotte, North Carolina, Duke Energy is one of the largest energy holding companies in the USA, with approximately 29,000 employees and a generating capacity of 49,500MW.