{"id":442039,"date":"2021-02-23T09:04:15","date_gmt":"2021-02-23T14:04:15","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=442039"},"modified":"2021-02-23T09:04:15","modified_gmt":"2021-02-23T14:04:15","slug":"green-source-advantage-offers-more-renewable-energy-options-for-south-carolina-customers","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/green-source-advantage-offers-more-renewable-energy-options-for-south-carolina-customers\/","title":{"rendered":"Green Source Advantage offers more renewable energy options for South Carolina customers"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">&#8211; Duke Energy launches cost-effective pathway to renewable energy for large customers.<\/h2>\n<h2 class=\"xn-hedline\">&#8211; Regulators approve 200 megawatts of new renewable energy capacity.<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">GREENVILLE, S.C.<\/span>, <span class=\"xn-chron\">Feb. 23, 2021<\/span> \/PRNewswire\/ &#8212; The Public Service Commission of <span class=\"xn-location\">South Carolina<\/span> (PSCSC) has approved Duke Energy&#8217;s Green Source Advantage program in <span class=\"xn-location\">South Carolina<\/span>, enabling the company to expand renewable energy options for customers. View the PSCSC order <a target=\"_blank\" href=\"https:\/\/dms.psc.sc.gov\/Web\/Orders\/Detail\/198767\" rel=\"nofollow noopener noreferrer\">here<\/a>.\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.jpg\" title=\"Duke Energy, the nation's largest electric utility, unveils its new logo. (PRNewsFoto\/Duke Energy) (PRNewsfoto\/Duke Energy)\" alt=\"Duke Energy, the nation's largest electric utility, unveils its new logo. (PRNewsFoto\/Duke Energy) (PRNewsfoto\/Duke Energy)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The Green Source Advantage program builds on similar programs that Duke Energy has offered to large customers since 2014. The program offers large customers the flexibility of selecting and negotiating all price terms directly with a renewable supplier of their choice as well as retaining renewable energy certificates (RECs) generated by the renewable facility. The customer and renewable energy supplier can also agree on the contract length that is right for them.<\/p>\n<p>&#8220;This program offers a viable, expedient and cost-effective path for large customers seeking to advance their renewable energy and sustainability goals,&#8221; said <span class=\"xn-person\">Michael Callahan<\/span>, Duke Energy&#8217;s <span class=\"xn-location\">South Carolina<\/span> president. &#8220;Green Source Advantage will help them meet these goals on their terms.&#8221;<\/p>\n<p>The application window for the program opens <span class=\"xn-chron\">March 29<\/span> at <span class=\"xn-chron\">9 a.m.<\/span> on a first-come, first-served basis. Visit <a target=\"_blank\" href=\"http:\/\/www.duke-energy.com\/scgreensource\" rel=\"nofollow noopener noreferrer\">duke-energy.com\/scgreensource<\/a> for application details and eligibility requirements.<\/p>\n<p>The program will be available until the total capacity of 200 megawatts (MW) is fully subscribed. Of this 200-MW capacity, 35 MW will be set aside for local government and university customers for nine months.<\/p>\n<p>The remaining 165 MW will be reserved for large nonresidential customers \u2013 125 MW for Duke Energy Carolinas and 40 MW for Duke Energy Progress. <\/p>\n<p>Duke Energy Carolinas serves more than 600,000 customers primarily in the Upstate region of <span class=\"xn-location\">South Carolina<\/span>. Duke Energy Progress serves more than 170,000 primarily in the Pee Dee region of the state.<\/p>\n<p>\n        <b>Collaborating to expand renewables in the Palmetto State<\/b>\n      <\/p>\n<p>Green Source Advantage is yet another win for <span class=\"xn-location\">South Carolina<\/span> customers and is a direct result of historic collaborative efforts in recent years.<\/p>\n<p>Act 236 \u2013 landmark legislation passed in 2014 \u2013 provided a framework for customers to install solar on their homes and businesses through strategic programs like the net metering incentive and rebate offerings. The company has provided more than <span class=\"xn-money\">$65 million<\/span> in rebates as an extra incentive for customers who wanted to go solar across its <span class=\"xn-location\">South Carolina<\/span> footprint. The company also created shared solar programs in the state &#8211; allowing customers to participate in the benefits of renewable energy without installing solar panels at their home or business. <\/p>\n<p>In 2019, Act 62 further enabled programs like the Green Source Advantage and shared solar. The law also encouraged continued collaboration by utilities with leading solar providers, environmental groups and renewable energy advocates that, if approved by regulators, will create long-term stability for the residential solar industry in <span class=\"xn-location\">South Carolina<\/span> through what could be the <a target=\"_blank\" href=\"https:\/\/news.duke-energy.com\/releases\/duke-energy-reaches-deal-with-vote-solar-sunrun-renewable-energy-advocates-to-modernize-expand-rooftop-solar-in-south-carolina#:~:text=The%20proposed%20plan%20%E2%80%93%20Solar%20Choice,Duke%20Energy%20via%20the%20grid.\" rel=\"nofollow noopener noreferrer\">next generation of net energy metering<\/a> for the Carolinas.<\/p>\n<p>This continued push for increased access to renewables in <span class=\"xn-location\">South Carolina<\/span> fits well with the company&#8217;s announced plans to reduce its carbon footprint. Duke Energy has reduced carbon emissions from electricity generation by more than 40% since 2005, and the company is working toward lowering carbon emissions at least 50% by 2030 and achieving net-zero carbon emissions by 2050. <\/p>\n<p>\n        <b>Duke Energy<\/b>\n      <\/p>\n<p>Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in <span class=\"xn-location\">Charlotte, N.C.<\/span>, is one of the largest energy holding companies in the U.S. It employs 29,000 people and has an electric generating capacity of 51,000 megawatts through its regulated utilities and 2,300 megawatts through its nonregulated Duke Energy Renewables unit.<\/p>\n<p>Duke Energy is transforming its customers&#8217; experience, modernizing the energy grid, generating cleaner energy and expanding natural gas infrastructure to create a smarter energy future for the people and communities it serves. The Electric Utilities and Infrastructure unit&#8217;s regulated utilities serve 7.8 million retail electric customers in six states: <span class=\"xn-location\">North Carolina<\/span>, <span class=\"xn-location\">South Carolina<\/span>, <span class=\"xn-location\">Florida<\/span>, <span class=\"xn-location\">Indiana<\/span>, <span class=\"xn-location\">Ohio<\/span> and <span class=\"xn-location\">Kentucky<\/span>. The Gas Utilities and Infrastructure unit distributes natural gas to 1.6 million customers in five states: <span class=\"xn-location\">North Carolina<\/span>, <span class=\"xn-location\">South Carolina<\/span>, <span class=\"xn-location\">Tennessee<\/span>, <span class=\"xn-location\">Ohio<\/span> and <span class=\"xn-location\">Kentucky<\/span>. The Duke Energy Renewables unit operates wind and solar generation facilities across the U.S., as well as energy storage and microgrid projects. <\/p>\n<p>Duke Energy was named to Fortune&#8217;s 2020 &#8220;World&#8217;s Most Admired Companies&#8221; list and Forbes&#8217; &#8220;America&#8217;s Best Employers&#8221; list. More information about the company is available at <a target=\"_blank\" href=\"http:\/\/www.duke-energy.com\/\" rel=\"nofollow noopener noreferrer\">duke-energy.com<\/a>. The <a target=\"_blank\" href=\"http:\/\/news.duke-energy.com\/\" rel=\"nofollow noopener noreferrer\">Duke Energy News Center<\/a>\u00a0contains news releases, fact sheets, photos, videos and other materials. Duke Energy&#8217;s <a target=\"_blank\" href=\"http:\/\/illumination.duke-energy.com\/\" rel=\"nofollow noopener noreferrer\">illumination<\/a>\u00a0features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on <a target=\"_blank\" href=\"https:\/\/twitter.com\/dukeenergy\" rel=\"nofollow noopener noreferrer\">Twitter<\/a>, <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/duke-energy-corporation\" rel=\"nofollow noopener noreferrer\">LinkedIn<\/a>, <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/duke_energy\" rel=\"nofollow noopener noreferrer\">Instagram<\/a>\u00a0and <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/dukeenergy\" rel=\"nofollow noopener noreferrer\">Facebook<\/a>.<\/p>\n<p>Media contact: <span class=\"xn-person\">Ryan Mosier<\/span><br \/>800.559.3853<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL87176&amp;sd=2021-02-23\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/green-source-advantage-offers-more-renewable-energy-options-for-south-carolina-customers-301233443.html\">http:\/\/www.prnewswire.com\/news-releases\/green-source-advantage-offers-more-renewable-energy-options-for-south-carolina-customers-301233443.html<\/a><\/p>\n<p>SOURCE  Duke Energy<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL87176&amp;Transmission_Id=202102230900PR_NEWS_USPR_____CL87176&amp;DateId=20210223\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8211; Duke Energy launches cost-effective pathway to renewable energy for large customers. &#8211; Regulators approve 200 megawatts of new renewable energy capacity. PR Newswire GREENVILLE, S.C., Feb. 23, 2021 \/PRNewswire\/ &#8212; The Public Service Commission of South Carolina (PSCSC) has approved Duke Energy&#8217;s Green Source Advantage program in South Carolina, enabling the company to expand renewable energy options for customers. View the PSCSC order here.\u00a0 The Green Source Advantage program builds on similar programs that Duke Energy has offered to large customers since 2014. The program offers large customers the flexibility of selecting and negotiating all price terms directly with a renewable supplier of their choice as well as retaining renewable energy certificates (RECs) generated by the renewable facility. The &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/green-source-advantage-offers-more-renewable-energy-options-for-south-carolina-customers\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Green Source Advantage offers more renewable energy options for South Carolina customers&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-442039","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Green Source Advantage offers more renewable energy options for South Carolina customers - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/green-source-advantage-offers-more-renewable-energy-options-for-south-carolina-customers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Green Source Advantage offers more renewable energy options for South Carolina customers - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"&#8211; Duke Energy launches cost-effective pathway to renewable energy for large customers. &#8211; Regulators approve 200 megawatts of new renewable energy capacity. PR Newswire GREENVILLE, S.C., Feb. 23, 2021 \/PRNewswire\/ &#8212; The Public Service Commission of South Carolina (PSCSC) has approved Duke Energy&#8217;s Green Source Advantage program in South Carolina, enabling the company to expand renewable energy options for customers. View the PSCSC order here.\u00a0 The Green Source Advantage program builds on similar programs that Duke Energy has offered to large customers since 2014. The program offers large customers the flexibility of selecting and negotiating all price terms directly with a renewable supplier of their choice as well as retaining renewable energy certificates (RECs) generated by the renewable facility. 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PR Newswire GREENVILLE, S.C., Feb. 23, 2021 \/PRNewswire\/ &#8212; The Public Service Commission of South Carolina (PSCSC) has approved Duke Energy&#8217;s Green Source Advantage program in South Carolina, enabling the company to expand renewable energy options for customers. View the PSCSC order here.\u00a0 The Green Source Advantage program builds on similar programs that Duke Energy has offered to large customers since 2014. The program offers large customers the flexibility of selecting and negotiating all price terms directly with a renewable supplier of their choice as well as retaining renewable energy certificates (RECs) generated by the renewable facility. 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