The Green Source Advantage program builds on similar programs that Duke Energy has offered to large customers since 2014. The program offers large customers the flexibility of selecting and negotiating all price terms directly with a renewable supplier of their choice as well as retaining renewable energy certificates (RECs) generated by the renewable facility. The customer and renewable energy supplier can also agree on the contract length that is right for them.
'This program offers a viable, expedient and cost-effective path for large customers seeking to advance their renewable energy and sustainability goals,' said
The application window for the program opens
The program will be available until the total capacity of 200 megawatts (MW) is fully subscribed. Of this 200-MW capacity, 35 MW will be set aside for local government and university customers for nine months.
The remaining 165 MW will be reserved for large nonresidential customers - 125 MW for
Collaborating to expand renewables in the Palmetto State
Green Source Advantage is yet another win for
Act 236 - landmark legislation passed in 2014 - provided a framework for customers to install solar on their homes and businesses through strategic programs like the net metering incentive and rebate offerings. The company has provided more than
In 2019, Act 62 further enabled programs like the Green Source Advantage and shared solar. The law also encouraged continued collaboration by utilities with leading solar providers, environmental groups and renewable energy advocates that, if approved by regulators, will create long-term stability for the residential solar industry in
This continued push for increased access to renewables in
Duke Energy
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