Duke Energy reaches deal with renewable organizations to modernize rooftop solar policy in North Carolina

Duke Energy | December 02, 2021

Duke Energy has filed an agreement with the North Carolina Utilities Commission (NCUC) that will align solar adopter compensation to utility system benefits and create long-term stability for the residential solar industry in North Carolina.

The net metering agreement was crafted by Duke Energy and the N.C. Sustainable Energy Association; the Southern Environmental Law Center on behalf of Vote Solar and the Southern Alliance for Clean Energy; Sunrun Inc. and the Solar Energy Industries Association. It must be approved by the NCUC.

"Duke Energy is committed to finding collaborative paths forward to help with the clean-energy transition and carbon-reduction goals in the Carolinas," said Stephen De May, Duke Energy's North Carolina president. "This deal ensures fair and reasonable treatment for all customers whether they choose to install solar or not."

Duke Energy has encouraged private solar ownership over the past three years with its $62 million solar rebate program, which is expected to continue into 2023. Currently, 24,000 North Carolina customers have private solar systems compared to 6,000 at the beginning of 2018.

The agreement modernizes rooftop solar economics and unlocks benefits for all customers. Net metering has been a contentious issue around the nation, but our stakeholder partners worked together to craft a fair solution that brings financial sustainability to rooftop solar in North Carolina."

Lon Huber, Duke Energy's Vice President of Strategic Solutions

The agreement follows a similar net metering agreement in South Carolina from September 2020.

The filing:

  • Allows for new net metering tariffs to go into effect for customers submitting applications on or after Jan. 1, 2023.
  • Will create innovative pricing and incentives for residential solar customers.
  • Features rate design mechanisms to properly collect costs of the grid infrastructure needed to serve solar customers.
  • Will include cutting-edge retail rates that vary based on the time of day and when the utility is experiencing peak demand.

About Duke Energy
Duke Energy, a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. Its electric utilities serve 7.9 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 51,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 27,500 people.

Duke Energy is executing an aggressive clean energy strategy to create a smarter energy future for its customers and communities – with goals of at least a 50% carbon reduction by 2030 and net-zero carbon emissions by 2050. The company is a top U.S. renewable energy provider, on track to own or purchase 16,000 megawatts of renewable energy capacity by 2025. The company also is investing in major electric grid upgrades and expanded battery storage, and exploring zero-emitting power generation technologies such as hydrogen and advanced nuclear.

Duke Energy was named to Fortune's 2021 "World's Most Admired Companies" list and Forbes' "America's Best Employers" list. More information is available at The Duke Energy News Center contains news releases, fact sheets, photos and videos. Duke Energy's illumination features stories about people, innovations, community topics and environmental issues.



Related News


Capstone Green Energy Secures Two-Megawatt Follow-on Order for a Remote Gas Compression Facility in Wyoming’s Green River Basin

businesswire | March 23, 2023

Capstone Green Energy Corporation, a global leader in carbon reduction and on-site resilient green energy solutions, announced that Horizon Power Systems, Capstone’s exclusive distributor for the Rocky Mountain States, Western Canada, Oklahoma, and Arizona, secured a follow-on order for two Capstone C1000 Signature Series microturbines. The order is scheduled to be commissioned during the third quarter of 2023. “Capstone microturbines create loyal customers, and this order is a great example. This customer has been using Capstone Green Energy microturbine technology since 2010, and continues to return for additional systems,” said Darren Jamison, President and Chief Executive Officer of Capstone Green Energy. “They have implemented our low emission systems at multiple, remote, unstaffed facilities across their operations in Wyoming. Capstone microturbines continue to deliver reliable, low-emission power where the customer needs it most.” The microturbine will power a remote natural gas compression facility and run on high-pressure natural gas (HPNG). The customer indicated that it selected Capstone based on its ongoing, positive experiences with Capstone products. Their current equipment has operated continuously for several years, despite being subjected to harsh conditions and extreme weather events. “The customer’s current fleet of 15 microturbines have an average 99% uptime,” said Sam Henry, President of Horizon Power Systems. “The company knows the reliability and low maintenance of microturbine-based energy systems. Even with the catastrophic storms that have rolled through the Basin this year, the microturbine fleet has maintained its near-perfect uptime. Capstone microturbines meet Wyoming’s stringent air quality rules and make permitting very easy,” added Henry. About Capstone Green Energy Capstone Green Energy is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals. Capstone Green Energy focuses on four key business lines. Through its Energy as a Service (EaaS) business, it offers rental solutions utilizing its microturbine energy systems and battery storage systems, comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs, as well as aftermarket parts. Energy Generation Technologies (EGT) are driven by the Company's industry-leading, highly efficient, low-emission, resilient microturbine energy systems offering scalable solutions in addition to a broad range of customer-tailored solutions, including hybrid energy systems and larger frame industrial turbines. The Energy Storage Solutions (ESS) business line designs and installs microgrid storage systems creating customized solutions using a combination of battery technologies and monitoring software. Through Hydrogen & Sustainable Products (H2S), Capstone Green Energy offers customers a variety of hydrogen products, including the Company's microturbine energy systems.

Read More


AVANGRID To Support Meta’s Operations in Texas With New 240 MW Solar Farm

businesswire | March 24, 2023

AVANGRID, a leading sustainable energy company and part of the Iberdrola Group, has announced today the signing of a power purchase agreement (PPA) with Meta to procure renewable energy from True North, a 240 MW solar farm under development in Falls County, Texas, and AVANGRID’s first solar facility in the state. “We are proud to sign this agreement with a partner like Meta who, like us at AVANGRID, has a strong commitment to accelerating the energy transition in the U.S.,” said Pedro Azagra, AVANGRID’s CEO. “With projects like True North, we continue our mission of helping the country meet its ambitious clean energy goals, while also creating quality jobs and strengthening our local economies.” “We’re excited to expand our partnership with AVANGRID to help bring new solar energy to support our local operations in Texas,” said Urvi Parekh, head of renewable energy at Meta. “True North will support our commitment to 100% renewable energy and represents additional investment and jobs for the region.” Since 2020, Meta’s global operations have been supported by 100% renewable energy. The True North project will support Meta’s upcoming data center in neighboring Temple, their second data center facility in Texas. True North, AVANGRID’s first solar farm in Texas, will deliver 240 MW of clean, renewable energy once it reaches commercial operations, which is expected by early 2025. During its construction and operation, True North will create over 200 local jobs and is expected to pay over $40 million in property taxes over 25 years in this state, in which the company already operates more than 1,250 MW of onshore wind facilities. With more than 8.6 GW of installed renewable capacity, including 1.1 GW of solar projects operating and under construction, AVANGRID is the third largest renewable energy operator in the U.S. In total, the company has a strong pipeline of more than 25 GW under development, encompassing solar, onshore wind, offshore wind, and battery energy storage. About AVANGRID AVANGRID, Inc. aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $41 billion in assets and operations in 24 U.S. states, AVANGRID has two primary lines of business: networks and renewables. Through its networks business, AVANGRID owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Through its renewables business, AVANGRID owns and operates a portfolio of renewable energy generation facilities across the United States. AVANGRID employs more than 7,500 people and has been recognized by JUST Capital in 2021, 2022 and 2023 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2023, AVANGRID ranked first within the utility sector for its commitment to the environment. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2022 for the fourth consecutive year by the Ethisphere Institute. AVANGRID is a member of the group of companies controlled by Iberdrola, S.A.

Read More


Pennsylvania Public Utility Commission Renders Decision Regarding Vicinity Energy and PGW Rate Dispute

businesswire | April 26, 2023

Vicinity Energy, a national decarbonization leader with an extensive portfolio of district energy systems across the United States, announces today that the Pennsylvania Public Utility Commission (PUC) has made its decision regarding Philadelphia Gas Works' (PGW) efforts to increase Vicinity’s gas transportation rates. The decision requires PGW to conduct a full rate case to determine the appropriate rates and will ensure fair and legal pricing for gas transportation. This decision will allow Vicinity customers an affordable and sustainable path forward to achieve net zero emissions goals with district energy. In February 2021, PGW provided Vicinity with proposed new rates that drastically increased Vicinity’s gas transportation costs by up to 1,000% and presented a radical change in contract terms. Read the October 2021 formal complaint filed by Vicinity with the Pennsylvania PUC, contesting the cost increase and unacceptable contract terms. PGW also falsely claimed that Vicinity was receiving a subsidized rate, which the PUC states directly contradicts PGW's position in every prior PGW base rate proceeding. As a long-standing community member, Vicinity remains committed to Philadelphia. Vicinity will continue delivering affordable, sustainable energy solutions to decarbonize the City, its customers, and neighborhoods where its employees and families live and work. Vicinity is leading the energy transition with its electrification plans and will continue to pursue alternatives to PGW's gas transportation service. "Philadelphia deserves a clean, fossil-free future," states Bill DiCroce, president and CEO of Vicinity Energy. "We are grateful to the Pennsylvania PUC commissioners and staff for their thorough and thoughtful deliberation and are pleased with the decision. While the decision does not fully conclude our dispute with PGW, the PUC's direction and observations regarding PGW's deviation from its prior practices support our commitment to obtaining fair and legal pricing for the gas transportation services provided by PGW. We continue to make our customers our top priority and will continue to offer a decarbonized path forward to meet their sustainability goals." PGW is responsible for contributing 4.6 million tons of carbon equivalent emissions to the region’s carbon budget and has admitted that its antiquated low-pressure distribution system leaks 1 million tons of carbon dioxide annually. PGW conducted a diversification study launched by Philadelphia’s Office of Sustainability, and the City has publicly stated that it can only reach its decarbonization targets by reducing the carbon emissions from thermal energy. As a fossil fuel-supplying entity, PGW’s future is uncertain. In Philadelphia, Vicinity's district energy steam system avoids over 300,000 tons of CO2 emissions annually compared to individual onsite gas boilers. Vicinity's combined heat and power (CHP) technology, also known as cogeneration, at its Grays Ferry facility in South Philadelphia is 20% more efficient than even the most advanced combined-cycle gas turbine power plants. Vicinity’s steam is a low-carbon, clean option for customers to lower their carbon footprint today. Vicinity's path to decarbonizing its operations using renewable energy sources to power electric boilers, industrial-scale heat pumps, and thermal storage is underway. In 2022, Vicinity launched its renewable carbon-free eSteamTM product to meet the needs of customers and cities to achieve sustainability goals. About Vicinity Energy Vicinity Energy is a clean energy company that owns and operates an extensive portfolio of district energy systems across the United States. Vicinity produces and distributes reliable, clean steam, hot water, and chilled water to over 230 million square feet of building space nationwide. Vicinity continuously invests in its infrastructure and the latest technologies to accelerate the decarbonization of commercial and institutional buildings in city centers. Vicinity is committed to achieving net zero carbon across its portfolio by 2050.

Read More