The proposed Green Source Advantage program will provide large nonresidential customers the option to secure significant amounts of solar or other renewable energy to satisfy their sustainability or other clean energy goals.
The program will provide Duke Energy's South Carolina large business customers with the opportunity to participate in a renewable energy program where they receive bill credits for energy produced by a solar site not located on the customers' premises. The program also enables customers to retain the renewable energy certificates (RECs) produced by the facility.
The program must be approved by the Public Service Commission of South Carolina (PSCSC) before it can be offered to customers.
If approved, the program would provide up to a total of 150 MW of reserved renewable energy capacity. From that 150 MW, 113 MW of capacity will be reserved for customers of Duke Energy Carolinas, which primarily serves the Upstate of South Carolina, and 37 MW of capacity will be reserved for customers of Duke Energy Progress, primarily serving the Pee Dee region including Florence and Sumter counties.
Participation in the program will be on a first-come, first-served basis. Participating customers 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.
The Green Source Advantage program builds on policy efforts in South Carolina to grow renewable energy.
Visit the PSCSC website for additional information on the proposed programs.
