Duke Energy announces plans for new renewable energy program in South Carolina
Duke Energy has proposed a new program to expand renewable energy options for its commercial and industrial customers in South Carolina. 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 an 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, or RECs, produced by the facility. The program must be approved by the Public Service Commission of South Carolina, or PSCSC, before it can be offered to customers. If approved, the program would provide up to a total of 150 megawatts, or 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.