Duke Energy Carolinas has filed a new renewable energy program with the North Carolina Utilities Commission (NCUC).
Duke says the Green Source Rider is an experimental program designed to give energy-intensive customers, including manufacturers, data centers, college campuses and big-box retailers, the option of offsetting some or all of their energy consumption from new load – such as a new or expanded facility – with renewable energy.
According to Duke, a participating customer will make an application to Duke Energy Carolinas requesting an annual amount of energy and renewable energy certificates to be produced or procured over a specific term.
The company will work to match the supply source and contract term request with generation from a Duke renewable energy source or with energy supplied through a power purchase agreement with a renewable energy supplier, Duke adds.
The company says the electing customer will then enter into a contract with Duke Energy Carolinas for three to 15 years, depending on the terms of the agreement between Duke and the renewable energy supplier.
According to the company, both in-state and out-of-state renewable energy resources may be used to meet the energy requirements of the program, contingent on customer preference and availability to meet contract needs.
Renewable energy generation used to meet customer needs through the Green Source Rider is in addition to generation used for compliance with North Carolina's renewable energy portfolio standard, Duke notes.
‘This is the first program Duke Energy has developed that gives customers the option to purchase renewable energy to offset new energy consumption,’ says Paul Newton, Duke Energy president – North Carolina. ‘We designed a program that responds to certain customer requests for more renewable energy but that does not adversely affect other customers.’
The proposed program is now under review by the NCUC.