CHARLOTTE, N.C.,March 15, 2019/PRNewswire/ — Annual solar energy production in North Carolina jumped 36 percent in 2018. That’s according to the latest government data therefore firmly placing North Carolina as the No. 2 solar-producing state in the nation.
With 4 million customers inNorth CarolinaandSouth Carolina, Duke Energy continues to build a smarter energy future. In the Carolinas, more than half of the energy produced comes from carbon-free resources including nuclear, hydropower and solar.
Likewise and since 2011, Duke Energy has shut down 30 coal-fired power plants. Consequently in the Carolinas and will retire five additional coal-fired units in the next six years. Most noteworthy and in 2005, the company reduced carbon dioxide emissions by 36 percent in the Carolinas. It projects a 53 percent reduction in the Carolinas by 2025.
So as a result, the company is also continuing to pursue battery storage. All with a $500 million investment slated over the next 10 years. Furthermore it has projects already underway in the Asheville area.
OtherNorth Carolinaefforts to promote solar
Duke Energy owns and operates more than 35 solar facilities inNorth Carolinaand has invested more than$1 billionin renewable energy in the state.
The company also continues to introduce new solar programs for different types of customers. The company’s $62 million solar rebate program for residential, commercial and nonprofit customers in North Carolina has helped 3,000 customers go solar in its first two years. Duke Energy will continue offering these rebates over the next three years.
In 2018, Duke Energy connected more than 500 megawatts (MW) of new solar capacity – enough to power about 100,000 homes at peak output. Duke Energy also launched a competitive bidding process for new solar capacity.
The process, being overseen by an independent administrator, seeks to add 680 MW of new solar capacity in 2019 – enough to power about 125,000 homes at peak output. This will ensure the best and most cost-effective projects are built to benefit customers in the Carolinas. Winning projects are expected to be named this spring.
In 2018, Duke Energy also became one of the few companies in the Carolinas to offersolar leasing to commercial customers.A subsidiary of Duke Energy will build, own and operate on-site solar facilities that will allow customers inNorth CarolinaandSouth Carolinato access renewable energy without paying a large upfront investment.
For industrial customers, the company recently received the order from the North Carolina Utilities Commission for its Green Source Advantage program in North Carolina.
This “green tariff” provides customers the flexibility to negotiate directly with solar developers to add more renewable energy to the grid, with no cost to other customer classes.
Source: Duke Energy
Headquartered in Charlotte, N.C. Duke Energy (NYSE: DUK) is one of the largest energy holding companies in the U.S., with approximately 29,000 employees and a generating capacity of 49,500 megawatts. The company is transforming its customers’ experience, modernizing its energy grid, generating cleaner energy and expanding its natural gas infrastructure to create a smarter energy future for the people and communities it serves.