Duke to Offer Shared Solar Options for Some in S.C.

Duke Energy Progress is launching an affordable option for customers that will enable them to share in the economic benefits from the output of a single solar facility—providing customers another choice that will continue to grow renewable energy in South Carolina.

The Shared Solar Program is available to all qualified Duke Energy Progress residential and nonresidential customers including those who hold tax-exempt status, those who live in multifamily housing or rent homes, and those who may not otherwise have access to solar energy.

Customers who subscribe to solar energy through the Shared Solar Program 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,” said Kodwo Ghartey-Tagoe, state president for Duke Energy in South Carolina. “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.”