Power Group Online Article |  | |
9 June 2008 -- Duke Energy Carolinas said it is proposing a $100 million plan to install solar panels totaling nearly 20 MW at up to 850 North Carolina sites.
Duke Energy Carolinas said it will spend two years installing approximately 20 MW of distributed solar generation on rooftops of customer businesses and homes or on ground sites within its service area. The company has already filed an application with the North Carolina Utilities Commission for the program.
Duke Energy Carolinas plans to own and operate the equipment. The company plans to recover its investment through North Carolina's new REPS cost recovery mechanism, which requires the utility to satisfy 12.5 percent of its customers' power needs with renewables or energy efficiency by 2021.
The new law has specific provisions for solar energy. Beginning in 2010, 0.02 percent of the electricity sold to customers in the state, or an equivalent amount of energy, must be produced by solar energy resources. That requirement grows to 0.2 percent in 2018 and thereafter.
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