Duke Energy to build 400 mini solar power plants
“Solar and wind are both going to be key parts of our strategy going forward,” Rogers told reporters following the company’s annual meeting.
The North Carolina Utilities Commission issued a decision allowing Duke Energy to proceed with its $50 million proposal to install solar panels on the roofs and grounds of homes, schools, office buildings, shopping malls, warehouses and industrial plants, starting later this year.
Collectively, the solar sites will generate enough electricity to power 1,300 homes.
The electricity will flow directly from the solar sites to the electrical grid that serves all customers.
Duke EnergyÂ’s solar initiative will be among the nationÂ’s first and largest demonstrations of distributed generation, in which electricity is produced at numerous micro generating sites rather than at a large, centralized, traditional power plant.
Duke Energy will own and maintain the solar panels during their expected 25-year lifespan. The company also will own the electricity generated.
It will pay a rental fee to property owners who host the panels for use of their roofs or land, based on the size of the installation and amount of electricity generated at any given site.
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Energy, Mines and Petroleum Resources Minister Michelle Mungall says hydro rates have gone up by more than 24 per cent in the last four years and by more than 70 per cent since 2001.
"After years of escalating electricity costs, British Columbians deserve a break on their bills," Mungall said in a news release.
BC Hydro had been approved by the B.C. Utilities Commission to increase the rate by three per cent next year, but Mungall said it will pull back its…