Regulators approved a multi-party stipulation that caps solar applications through the end of 2021 at 1.2 MW for Duke Energy Carolinas and 300 kW for Duke Energy Progress each month.
Regulators agreed to keep net metering in place while transitioning to Dominion Energy’s existing time-of-use rate schedule for new solar customers.
The company has also completed its first utility-scale installation, as well as invested millions into community solar projects.
The 98 MW Centerfield Solar project enters service, marking Pine Gate’s 18th operational project in South Carolina.
The tire maker said the solar project will help the company reach its global goals to cut carbon emissions by 50% by 2030 and become carbon neutral by 2050.
After having its initially proposed integrated resource plan shot down by regulators, the utility has done a heel-turn and plans to replace the coal with 2 GW of solar, up to 900 MW of battery storage, and 1 GW of natural gas by 2048.
The program, which allows large-scale customers to offset power purchases by securing renewable energy directly from project owners and energy suppliers, has been successful so far in North Carolina.
Evaluating the 15-year energy generation plans outlined in the most recent IRPs for both Duke Energy Carolina and Duke Energy Progress, the group takes issue with Duke’s commitment to fossils and lack of renewable additions, among other criteria.
Regulators ordered the utility to evaluate the risks and environmental costs of operating its coal plants, and consider options to replace the plants with clean energy alternatives.
The proposed fees could end up costing the solar average homeowner more than $700 annually. Critics call the fees an attempt to take away consumer control over their power bills.
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