GREENVILLE, S.C., Sept. 22, 2016 /PRNewswire/ -- Almost one
year after its launch, Duke Energy's Solar Rebate Program has paid
almost $5 million in rebates to
South Carolina customers who have
invested in solar power at their residences or businesses.
The rebates help with the upfront cost of installing solar
panels for customers – making the technology more accessible to the
company's 730,000 customers in the state.
"The response to the rebate program has been fantastic," said
Clark Gillespy, Duke Energy's
South Carolina state president. "This
shows our customers want options to help them participate in a
sustainable solar energy marketplace."
Act 236, an omnibus solar bill passed by the South Carolina
General Assembly in 2014, opened the door for Duke Energy to offer
a variety of solar programs to customers.
With more than 30 megawatts-ac of solar power scheduled to come
online already, Duke Energy is more than halfway to the 53-megawatt
goal cited by the Act.
"The Duke Energy Solar Rebate Program has been great for
customers in South Carolina," said
Bruce Wood, owner of Sunstore Solar
in Greer, S.C. "Where Act 236
helped make renewable energy more accessible, the Solar Rebate
Program has helped make solar more affordable."
More than 750 residential customers and more than 35 business
customers have applied for solar rebates. The rebate provides
$1 per watt-dc for qualified
residential customers who install systems up to 20 kilowatts-ac on
their property; and for business customers who install systems up
to 1 megawatt-ac on their property.
Once the program is fully subscribed, customers can continue to
install solar power using tax credits through the state and federal
government. Customers may also choose to use solar power on site
through net metering.
More information about Duke Energy's solar programs in
South Carolina can be found on the
Duke Energy website.
Duke Energy is a national leader in solar energy, with more than
50 solar facilities in its fleet across seven states.
About Duke Energy
Headquartered in Charlotte,
N.C., Duke Energy is an S&P 100 Stock Index company
traded on the New York Stock Exchange under the symbol DUK. More
information about the company is available at
duke-energy.com.
The Duke Energy News Center serves as a multimedia resource for
journalists and features news releases, helpful links, photos and
videos. Hosted by Duke Energy, illumination is an online
destination for stories about remarkable people, innovations, and
community and environmental topics. It also offers glimpses into
the past and insights into the future of energy.
Follow Duke Energy on Twitter, LinkedIn, Instagram and
Facebook.
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SOURCE Duke Energy