Iulia Gheorghiu of UtilityDive reports on a net metering agreement between Duke Energy and North Carolina.
- Duke Energy has submitted a net metering proposal to state regulators in North Carolina.
- Net metering allows consumers who generate electricity using renewable sources to export their surplus energy back to the grid.
- This agreement is important because it incentivizes renewable energy usage and could lead to the further deployment of clean energy sources in North Carolina.
“The proposed rate design requires approval from the North Carolina Utilities Commission. If regulators approve it, the rates would go into effect for new net metering customers applying in 2023. The parties to the agreement requested expeditious action from North Carolina regulators based on the directives of legislation like HB 951.”
Read the full article here.
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