Duke Energy to let large energy customers negotiate directly with solar facilities in new program

(PRNewsFoto/Duke Energy)

The North Carolina Utilities Commission (NCUC) has approved Duke Energy’s Green Source Advantage (GSA) program in North Carolina, designed to provide more renewable energy pricing options for large customers.

In the GSA program, large energy users will have the flexibility of selecting and negotiating all price terms directly with a renewable supplier of their choice, including the purchase of renewable energy certificates (RECs) generated by that renewable facility. The customer and developer can also agree on the contract length that is right for them. Facilities that are used for the GSA program will be owned and operated by eligible renewable energy developers.

The GSA program will be available until the total capacity of 600 MW is fully subscribed. Of this 600-MW capacity …

• 100 MW will be set aside for military installations
• 250 MW set aside for University of North Carolina institutions (according to language in North Carolina’s Competitive Energy Solutions law).
• The remaining 250 MW will be reserved for large nonresidential customers – 160 MW for Duke Energy Carolinas and 90 MW for Duke Energy Progress.

The application window for the program opens Oct. 1 at 9 a.m. on a first-come, first-served basis.

— Solar Builder magazine

[source: https://solarbuildermag.com/news/duke-energy-to-let-large-energy-customers-negotiate-directly-with-solar-facilities-in-new-program/]