Duke Energy proposes innovative solar programs for South Carolina

GREENVILLE, S.C., Feb. 10, 2015 /PRNewswire/ -- Duke Energy today proposed several solar power programs to the Public Service Commission of South Carolina (PSCSC) that will greatly expand options for customers to use renewable energy.

The programs must be approved by the commission before they can be offered to the company's 720,000 Duke Energy Carolinas and Duke Energy Progress customers in the Palmetto State.

The programs will add up to 110 megawatts of solar energy by 2021. Currently, less than 2 megawatts of solar capacity is connected to Duke Energy in South Carolina. These are the company's first wide-ranging solar programs in the state.

"The passage of the Distributed Energy Resource Program Act in 2014 opened the door for Duke Energy to offer a suite of solar programs that will expand renewable energy use in South Carolina," said Clark Gillespy, Duke Energy president – South Carolina. "These diverse options will allow customers the ability to participate in a sustainable solar energy marketplace."

Among the offerings:

• Customer rebates: To encourage rooftop solar, Duke Energy will offer rebates to customers who install rooftop or small-scale solar on their property. A typical rooftop installation could earn rebates of about $5,000 under the program.
  
  The rebates will help customers with the initial investment, which can be significant. Customers with rooftop solar installations will still enjoy retail net metering in the state for the next 10 years – meaning the price to sell excess energy to the utility will be the same price at which the utility sells the power to its customers.
  
  
• Community solar: Customers who often are unable to participate in renewable energy options – including nonprofit organizations, churches, community centers, renters and schools – can benefit from Duke Energy's community solar offering. The "Shared Solar Program" will allow multiple customers to subscribe to a specific solar facility and share in the economic benefits of the power produced.
  
  
• Utility-scale solar: Duke Energy expects to issue a request for proposals this year for more than 50 megawatts of large-scale solar in the state. These large-scale installations are among the most efficient ways to generate solar power due to their economies of scale.

Additional details on the programs will be available for Duke Energy's South Carolina customers following the review and approval of the commission. Programs may be added by the company in the future. Here is the Duke Energy Carolinas filing. Here is the Duke Energy Progress filing.

Earlier support of rooftop solar in South Carolina
Duke Energy has already contributed $2 million to Palmetto Clean Energy (PaCE), a nonprofit organization that promotes the development of renewable energy resources. Through PaCE, the company funded a pilot program that provided matching grants to K-12 schools and not-for-profit educational institutions interested in installing rooftop solar systems.

In late 2014, Griggs Road Elementary School in Clover and Roper Mountain Science Center in Greenville were among the first organizations in the Duke Energy service territory to take part in the solar matching grants program.

More information

More information about Duke Energy's solar efforts can be found at: http://www.duke-energy.com/solar

You can also follow Duke Energy on social media:

Twitter: https://twitter.com/DukeEnergy

Facebook: https://www.facebook.com/DukeEnergy

For TV reporters: Duke Energy has solar b-roll footage in a Dropbox account. It is in an MP4 format. Send an email to [email protected] if you would like to download it. The company will reply to your email and give you access to the folder.

Headquartered in Charlotte, N.C., Duke Energy is a Fortune 250 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available at http://www.duke-energy.com/.

Contact: Ryan Mosier
Office: 864.370.5036
24-hour media line: 800.559.3853
Twitter: @DE_RyanMosier
Or
Randy Wheeless
Office: 704.382.8379
Twitter: @DE_RandyW

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SOURCE Duke Energy

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