Duke Energy Carolinas has filed a new experimental renewable energy program with the N.C. Utilities Commission (NCUC). The Green Source Rider is designed to give energy-intensive customers, such as manufacturers, data centers, college campuses, and retailers the option of offsetting some or all of their energy consumption with renewable energy.
Paul Newton, Duke Energy North Carolina president, says, “We’ve been working with our customer groups to explore ways to provide more renewable energy options. We are pleased to offer a new program that, if approved, may help to promote economic development and growth of renewable energy in the region, and help our customers achieve their sustainability goals. This is the first program Duke Energy has developed that gives customers the option to purchase renewable energy to offset new energy consumption. We designed a program that responds to certain customer requests for more renewable energy, but that does not adversely affect other customers.”
According to Duke Energy Carolinas participating customers will make an application requesting an annual amount of energy and renewable energy certificates. “The company will then work to match the supply source and contract term request with generation from a Duke Energy renewable energy source, or with energy supplied through a power purchase agreement with a renewable energy supplier. The electing customer will then enter into a contract with Duke Energy Carolinas ranging from three to 15 years.”
Both in-state and out-of-state renewable energy resources may be used to meet the energy requirements of the program, depending on customer preference and availability.
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