Duke Energy Progress opens shared solar program to South Carolina customers
A single solar facility will now give Duke Energy Progress customers in South Carolina the option to go renewable with their energy sources, without needing to install solar panels at their homes or businesses.
Power will be provided by the Whitney M. Slater Shared Solar Facility in Dillon County. Residential and nonresidential customers of Duke Energy Progress, a subsidiary of Duke Energy, are both eligible, even if they hold a tax-exempt status, live in multifamily housing or rent their home. They will receive a monthly bill credit for the value of the energy produced by their subscription.
“This is a great program for any customers who don’t own their residence or are unable to put a solar facility on their property,” Kodwo Ghartey-Tagoe, state president for Duke Energy in South Carolina, said. “We estimate that residential customers will earn back their initial payment in credits from the solar array in three years. Customers are not only saving on their electric bill, they are directly supporting a renewable energy future in South Carolina for generations to come.”
For customers who participate in the program, a monthly subscription fee of $6.25/kilowatt beyond initial joining fees will apply, alongside the regular energy bills. Application and other initial costs may be waived for qualified low-income customers, though. Space in the program is limited.
