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Palmetto Clean Energy Sets the PaCE for Renewables in South Carolina April 2, 2008

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COLUMBIA, S.C. -

South Carolinians now have the option to support local renewable energy providers and improve the environment through the new Palmetto Clean Energy (PaCE) program. This program, one of the first multi-utility programs in the nation, allows utility customers to purchase blocks of electricity generated from renewable or “clean” sources, such as wind, solar and biomass.

PaCE is a collaborative program among Duke Energy Carolinas, Progress Energy Carolinas, South Carolina Electric & Gas Co., the South Carolina Energy Office and the South Carolina Office of Regulatory Staff. The initiative is designed to encourage the development of green power in the state by helping local generators offset the high cost of generating electricity from renewable energy resources.

“There is a growing interest across the nation in renewable forms of energy and PaCE will provide an opportunity for our state’s citizens and utility customers to support these efforts through a donation or by purchasing a block of renewable energy from PaCE through these participating utilities,” said Dukes Scott, executive director of the South Carolina Office of Regulatory Staff.

Customers of the state’s investor-owned utilities can support Palmetto Clean Energy through voluntary, tax-deductible contributions on their monthly bills that are passed through to PaCE. Each $4 contribution purchases a 100 kilowatt-hour block of “clean” energy from renewable or alternative energy sources that will be placed on the state’s power grid. A one-time, tax- deductible contribution can also be made by anyone wanting to support PaCE.

In addition to supporting the program by enrolling customers, Duke Energy Carolinas, Progress Energy Carolinas and South Carolina Electric & Gas Co. are also investing in PaCE by providing initial funding. To find additional information on Palmetto Clean Energy or to sign up, visit palmettocleanenergy.org.

Palmetto Clean Energy (PaCE) is a non-profit renewable energy program designed to encourage the development of renewable energy resources that improve the environment through reduced greenhouse-gas emissions. PaCE is a collaborative effort among Duke Energy Carolinas, Progress Energy Carolinas and South Carolina Electric & Gas Co., working with the South Carolina Energy Office and the South Carolina Office of Regulatory Staff, to provide more than 1.2 million South Carolina customers with an opportunity to support green energy initiatives through tax-deductible contributions. These contributions are collected by the utilities and distributed to PaCE in their entirety.

MEDIA CONTACT INFORMATION

Duke Energy – 1-704-382-8333
Progress Energy Carolinas – 1-877-641-6397
SCE&G – 1-800-562-9308
South Carolina Office of Regulatory Staff – 1-803-737-0805
South Carolina Energy Office – 1-803-737-8035


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