Implementing Sector: | Utility |
Category: | Financial Incentive |
State: | South Carolina |
Incentive Type: | Rebate Program |
Web Site: | https://www.progress-energy.com/carolinas/home/renewable-energy/solar-programs-for-sc-customers/sc-solar-rebates.page? |
Eligible Renewable/Other Technologies: | Solar Photovoltaics |
Name: | Order No. 2015-514 |
Duke Energy Progress' Solar Rebate Program, a part of Duke Energy's voluntary Distributed Energy Resource Program, was approved by an order issued on July 15, 2015.
Program Details
Duke Energy Progress offers a rebate of $1.00 per DC watt for residential customers and nonresidential customers. The utility will award rebates for up to 3,250 kW-AC of systems 20 kW or less, and 9,750 kW-AC of systems greater than 20 kW-AC and up to 1,000 kW-AC. At the customer's discretion, the rebate may be claimed by the customer or applied to companies installing or leasing systems.
The program is retroactive for customers installing systems after January 1, 2015.
RECS
The company shall initially retain ownership of renewable energy credits until all Distributed Energy Resource Program (DERP) costs are recovered and DERP charges are removed from customer bills. Then, REC ownership will shift to customer-generators.
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