Duke Energy Interconnection Agreement

The parties submitted a notice of transaction to the N.C. Utilities Commission (NCUC) and the Public Utilities Commission. C (SCPSC) and sought approval of some limited derogations necessary for the implementation of the agreement. This new study process will eliminate the backlog of “completed” projects, while the distribution company sometimes studied speculative projects that were at a higher point in the queue for supply connections. The result was a slower process for everyone. This change – commonly referred to as “queue reform” – moves from the interconnection process of each application`s analysis to a more efficient process for studying the need for connection in clusters. In total, Duke Energy has more than 3,500 MW of solar capacity connected to its power grid in Carolina, or about as many as more than 600,000 customers. “We are very pleased to have reached this agreement with Duke Energy,” said Steve Levitas, senior VP for Strategic Initiatives at Pine Gate Renewables, a fully integrated solar developer based in Asheville, North Carolina. “It took a lot of hard work, creativity and good faith on both sides. We look forward to continuing to work with Duke to meet the clean energy needs in Carolina. “This new regulation not only recognizes the value of solar power and the energy network that allows itself, but it creates additional benefits for all customers by responding to costs when distribution companies experience peak demand in their carolina systems,” said Lon Huber, vice president of pricing and strategic solutions at Duke Energy. Implementation of the queue reform must be approved by the NCUC, the SCPSC and the Federal Energy Regulatory Commission.

A proposal to strengthen the security of future connection costs for third parties was also included in the submission. Duke Energy has reached an agreement with solar installers and renewable energy advocates to bring stability to the private solar industry in South Carolina. The agreement, if approved by supervisory authorities, will provide options for customers, while allowing the distribution company to cope with growing periods of winter electrical demand for Duke`s systems and customers in both North and South Carolina.

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