North Carolina state regulators have approved Duke Energy’s plan to provide up to 600 MW of renewable energy to commercial, industrial, military and higher education customers.
The Green Source Advantage program, given the go-ahead by the North Carolina Utilities Commission, will allow large energy users to select and negotiate price terms directly with the renewable supplier of their choice. The application wind for the program opens on October 1.
“Large customers focused on securing more renewable energy now have an additional option with Duke Energy’s Green Source Advantage,” said Stephen De May, Duke Energy’s North Carolina president. “This is a flexible program that will help them meet their renewable energy or sustainability goals on their own terms.”
Green Source Advantage will be available to companies on a first-come, first-served basis. It will last until the entire 600 MW of renewable capacity is fully subscribed, with 100 MW set aside for military installations and 250 MW for University of North Carolina institutions.
The remaining 250 MW will be reserved for large nonresidential customers–160 MW for Duke Energy Carolinas and 90 MW for Duke Energy Progress.
Facilities that are used for the GSA program will be owned and operated by eligible renewable energy developers.
Duke owns and operates 40 solar facilities in North Carolina and has invested more than $1 billion in renewable energy in the state this decade. Last year the utility connected more than 500 MW of new solar capacity.
North Carolina ranks second nationally among states for installed solar power capacity, second only to California, according the Solar Energy Industries Association and other groups.