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Duke Energy Proposes North Carolina Solar Installation Plan

Posted on: Tuesday, 10 June 2008, 09:01 CDT

Duke Energy Carolinas is proposing a $100 million plan to install electricity generating solar panels at up to 850 North Carolina sites including homes, schools, stores and factories.

The company filed an application with the North Carolina Utilities Commission asking for approval to implement this distributed solar generation program.

If the program is approved by regulators, Duke Energy Carolinas would spend two years installing approximately 20MW of distributed solar generation on rooftops of customer businesses and homes or on ground sites within the company's North Carolina service area.

Duke Energy would own and operate the equipment and the power produced by each installation would be used to serve the utility's customers. Customers who agree to place solar panels at their location would be rewarded based on the size of the installation and the amount of energy it produces.

Keith Trent, group executive and chief strategy, policy and regulatory officer, said: "We believe an initiative of this scope and scale will help us meet the requirement of North Carolina's new Renewable and Energy Efficiency Portfolio Standard. This program also will enable us to evaluate the role of distributed generation on our system, and gain experience in owning and operating renewable energy resources."

Source: Datamonitor

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