{"id":692618,"date":"2022-10-05T16:35:23","date_gmt":"2022-10-05T20:35:23","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy\/"},"modified":"2022-10-05T16:35:23","modified_gmt":"2022-10-05T20:35:23","slug":"duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy\/","title":{"rendered":"Duke Energy proposes new programs to help grow South Carolina economy by helping customers use 100% renewable energy"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<ul type=\"disc\">\n<li>\n          <b>Feedback from diverse stakeholders was \u2013 and will continue to be \u2013 critical in developing renewable options for customers<\/b>\n        <\/li>\n<li>\n          <b>Nation-leading proposals are designed to help recruit and retain companies looking to achieve their own clean energy goals<\/b>\n        <\/li>\n<\/ul>\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">GREENVILLE, S.C.<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Oct. 5, 2022<\/span><\/span> \/PRNewswire\/ &#8212; Duke Energy has proposed the creation of innovative customer renewable programs and a major expansion of an existing one to allow <span class=\"xn-location\">South Carolina<\/span> customers the option to supplement their power usage with 100% renewable power \u2013 a critical need for many businesses seeking to relocate or expand operations in the Palmetto State.<\/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\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.jpg\" title=\"(PRNewsfoto\/Duke Energy)\" alt=\"(PRNewsfoto\/Duke Energy)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Details were spelled out today in filings with the Public Service Commission of <span class=\"xn-location\">South Carolina<\/span>.<\/p>\n<p>&#8220;Many of our largest customers prioritize renewable power sources and are making decarbonization a long-term part of their business plans,&#8221; said <span class=\"xn-person\">Lon Huber<\/span>, Duke Energy&#8217;s senior vice president of pricing and customer solutions. &#8220;Duke Energy is proud to offer these customers a wide range of options including the ability to match their hourly use with carbon-free energy in one of the country&#8217;s first 24&#215;7 clean energy programs.&#8221;<\/p>\n<p>That program \u2013 <b>Renewable Choice<\/b> \u2013 would allow large-load customers to contract with either of Duke Energy&#8217;s <span class=\"xn-location\">South Carolina<\/span> utilities to provide locally sourced environmental attributes, including renewable energy certificates (REC), generated from both utility-owned generation assets as well as third-party owned generation assets and could include energy-storage options. This program is designed to meet the needs of the companies most advanced in their sustainability journey. If approved, <span class=\"xn-location\">South Carolina<\/span> would have one of the first tariffed programs for time-aligned clean energy in the country.<\/p>\n<p>These proposals come after extensive conversations with customers, developers and advocate groups to learn more about what they need to achieve their carbon and sustainability goals.<\/p>\n<p>&#8220;A majority of <span class=\"xn-location\">South Carolina&#8217;s<\/span> leading employers have explicit decarbonization goals, and the carbon intensity of electricity suppliers is top-of-mind for economic development prospects too,&#8221; said <span class=\"xn-person\">Mike Callahan<\/span>, Duke Energy&#8217;s <span class=\"xn-org\">South Carolina state<\/span> president. &#8220;Recruiting the next big employer to <span class=\"xn-location\">South Carolina<\/span> may hinge on helping achieve their corporate sustainability goals. We believe these programs and the stakeholder feedback that helped create them will be critical in attracting and retaining companies in the 21st century.&#8221;<\/p>\n<p>Another innovative program being proposed \u2013 <b>Clean Energy Impact<\/b> \u2013 is ideal for non-residential customers that want to claim a certain percentage of renewable energy through environmental attribute purchases in support of corporate sustainability goals, or for residential customers that would like to support the local renewable energy industry.<\/p>\n<p>Changes are also being requested for an existing program \u2013 <b>Green Source Advantage<\/b> \u2013 an option that allows large customers to offset their power purchases by securing renewable energy from projects connected to the Duke Energy grid. The customer may count the renewable energy generated to satisfy sustainability or carbon-free goals.<\/p>\n<p>Proposed changes include the ability for customers to contract for up to 100% of their energy use compared to the current approximately 30%,\u00a0as well as expanding the number of solar resources available to customers under the program. As with Renewable Choice, customers can also combine energy storage with their project \u2013 allowing them to align the production of renewable energy with their energy load.<\/p>\n<p>These programs are to be sourced from solar generation currently going through the companies&#8217; competitive procurement processes. If approved, both current customers and customers who are in the process of locating their business to <span class=\"xn-location\">South Carolina<\/span> can sign up for these programs in advance.<\/p>\n<p>To learn more about these programs, business customers can visit <a href=\"https:\/\/duke-energy.com\/business\/renewables-and-ev\/emerging-renewables\" target=\"_blank\" rel=\"nofollow noopener\">duke-energy.com\/emerging<\/a>, while residential customers can find more information at <a href=\"https:\/\/duke-energy.com\/home\/renewables-and-ev\/emerging-renewables\" target=\"_blank\" rel=\"nofollow noopener\">duke-energy\/emergingprograms<\/a>.<\/p>\n<p><h3>A leader in renewable energy<\/h3>\n<\/p>\n<p>Duke Energy is leading the largest clean-energy transformation in <span class=\"xn-location\">the United States<\/span>. It maintains more than 4,600 megawatts of solar power on its energy grid in the Carolinas. That could power about 850,000 homes and businesses at peak output. The company also operates more than 45 solar facilities in the Carolinas. With nuclear, hydro and renewable energy, more than half of its energy mix is carbon-free.<\/p>\n<p><h3>Duke Energy<\/h3>\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 America&#8217;s largest energy holding companies. Its electric utilities serve 8.2 million customers in <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>, and collectively own 50,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in <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 company employs 28,000 people.<\/p>\n<p>Duke Energy is executing an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business and at least a 50% carbon reduction from electric generation by 2030 and net-zero carbon emissions by 2050. The 2050 net-zero goals also include Scope 2 and certain Scope 3 emissions. In addition, the company is investing in major electric grid enhancements and energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear.<\/p>\n<p>Duke Energy was named to Fortune&#8217;s 2022 &#8220;World&#8217;s Most Admired Companies&#8221; list and Forbes&#8217; &#8220;America&#8217;s Best Employers&#8221; list. More information is available at\u00a0<a href=\"http:\/\/www.duke-energy.com\/\" target=\"_blank\" rel=\"nofollow noopener\">duke-energy.com<\/a>. The\u00a0<a href=\"http:\/\/news.duke-energy.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Duke Energy News Center<\/a>\u00a0contains news releases, fact sheets, photos and videos. Duke Energy&#8217;s\u00a0<a href=\"http:\/\/illumination.duke-energy.com\/\" target=\"_blank\" rel=\"nofollow noopener\">illumination<\/a>\u00a0features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on\u00a0<a href=\"https:\/\/twitter.com\/dukeenergy\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>,\u00a0<a href=\"https:\/\/www.linkedin.com\/company\/duke-energy-corporation\" target=\"_blank\" rel=\"nofollow noopener\">LinkedIn<\/a>,\u00a0<a href=\"https:\/\/www.instagram.com\/duke_energy\" target=\"_blank\" rel=\"nofollow noopener\">Instagram<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.facebook.com\/dukeenergy\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>.<\/p>\n<p>Contact: <span class=\"xn-person\">Ryan Mosier<\/span><br \/>24-Hour: 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=CL94237&amp;sd=2022-10-05\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy-301641974.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy-301641974.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=CL94237&amp;Transmission_Id=202210051632PR_NEWS_USPR_____CL94237&amp;DateId=20221005\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Feedback from diverse stakeholders was \u2013 and will continue to be \u2013 critical in developing renewable options for customers Nation-leading proposals are designed to help recruit and retain companies looking to achieve their own clean energy goals GREENVILLE, S.C. , Oct. 5, 2022 \/PRNewswire\/ &#8212; Duke Energy has proposed the creation of innovative customer renewable programs and a major expansion of an existing one to allow South Carolina customers the option to supplement their power usage with 100% renewable power \u2013 a critical need for many businesses seeking to relocate or expand operations in the Palmetto State. Details were spelled out today in filings with the Public Service Commission of South Carolina. &#8220;Many of our largest customers prioritize &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Duke Energy proposes new programs to help grow South Carolina economy by helping customers use 100% renewable energy&#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-692618","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Duke Energy proposes new programs to help grow South Carolina economy by helping customers use 100% renewable energy - 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\/duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Duke Energy proposes new programs to help grow South Carolina economy by helping customers use 100% renewable energy - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Feedback from diverse stakeholders was \u2013 and will continue to be \u2013 critical in developing renewable options for customers Nation-leading proposals are designed to help recruit and retain companies looking to achieve their own clean energy goals GREENVILLE, S.C. , Oct. 5, 2022 \/PRNewswire\/ &#8212; Duke Energy has proposed the creation of innovative customer renewable programs and a major expansion of an existing one to allow South Carolina customers the option to supplement their power usage with 100% renewable power \u2013 a critical need for many businesses seeking to relocate or expand operations in the Palmetto State. Details were spelled out today in filings with the Public Service Commission of South Carolina. &#8220;Many of our largest customers prioritize &hellip; Continue reading &quot;Duke Energy proposes new programs to help grow South Carolina economy by helping customers use 100% renewable energy&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-05T20:35:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Duke Energy proposes new programs to help grow South Carolina economy by helping customers use 100% renewable energy\",\"datePublished\":\"2022-10-05T20:35:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy\\\/\"},\"wordCount\":887,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/660545\\\/Duke_Energy_New_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy\\\/\",\"name\":\"Duke Energy proposes new programs to help grow South Carolina economy by helping customers use 100% renewable energy - 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Details were spelled out today in filings with the Public Service Commission of South Carolina. &#8220;Many of our largest customers prioritize &hellip; Continue reading \"Duke Energy proposes new programs to help grow South Carolina economy by helping customers use 100% renewable energy\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy\/","og_site_name":"Market Newsdesk","article_published_time":"2022-10-05T20:35:23+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Duke Energy proposes new programs to help grow South Carolina economy by helping customers use 100% renewable energy","datePublished":"2022-10-05T20:35:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy\/"},"wordCount":887,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-proposes-new-programs-to-help-grow-south-carolina-economy-by-helping-customers-use-100-renewable-energy\/","name":"Duke Energy proposes new programs to help grow South Carolina economy by helping customers use 100% renewable energy - 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