Duke Energy has filed an agreement with the North Carolina Utilities Commission (NCUC) that will align solar adopter compensation to utility system benefits and create long-term stability for the residential solar industry in North Carolina.

 

The filing:

 
  • Allows for new net metering tariffs to go into effect for customers submitting applications on or after Jan. 1, 2023.

  • Will create innovative pricing and incentives for residential solar customers.

  • Features rate design mechanisms to properly collect costs of the grid infrastructure needed to serve solar customers.

  • Will include cutting-edge retail rates that vary based on the time of day and when the utility is experiencing peak demand.

 

The new metering agreement would establish a new incentive for customers who install rooftop solar in 2023 and later. That incentive totals $390 per kilowatt in return for installing a smart thermostat that Duke can use to control the temperature in your home at times when it expects to see high demand for energy.