Duke Energy is committed to promoting and using cost-effective solar energy and other renewable energy choices. Solar power complements our other sources of energy, such as nuclear, coal and gas-fired power plants, which meet customers' energy needs when the sun isn't shining.
- In our six-state service territory, Duke Energy customers receive energy from 400 megawatts of solar capacity generated by more than 4,000 solar installations in the six states we serve, including 50 megawatts from rooftop solar installations.
- Duke Energy Carolinas has invested $41 million to pilot a solar program that involves homes, schools and businesses. That program produces as much as 10 megawatts of distributed solar power.
- Duke Energy Carolinas provides a renewable energy rate for large customers - for example, manufacturers, data centers, college campuses and big-box retailers - who wish to offset some or all of their energy requirements with new renewable energy, including solar and wind.
- Since 2007, one of our commercial businesses has invested more than $3 billion in wind and solar facilities nation-wide. Duke Energy Renewables owns and operates more than 20 solar farms in eight states totaling more than 140 megawatts of power generation. Taken together, its wind and solar projects are in 12 states.
A powerful new direction
Duke Energy's recent decision to commit $500 million for solar power in North Carolina is just one of the initiatives Rob Caldwell, senior vice president, Distributed Energy Resources, is leading to grow the company's renewable-power portfolio. He is also working on how renewables interact with the electric grid and how the company needs to prepare.
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Historic solar law signed in South Carolina
In June 2014, South Carolina Governor Nikki Haley signed into law a consensus solar bill that will open up the state for more solar power development. Supported by utilities like Duke Energy - plus a number of environmental and consumer groups - the law provides the possibility of Duke Energy building solar power facilities. It also eliminates high up-front costs for residents leasing solar panels and includes special programs to bring solar to schools, churches and other nonprofits.
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Infographic: Solar 101
Solar energy has become an increasingly viable and important part of the energy mix across the U.S. See the latest statistics about this renewable power source.
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