Progress Energy Carolinas - SunSense Commercial PV Incentive Program

Summary

Note: This program is currently fully subscribed and is no longer accepting 2012 applications. The program is expected to open for the 2013 application period in early December 2012.

Progress Energy Carolinas (PEC) offers incentives to non-residential customers in North Carolina and South Carolina for installing photovoltaic (PV) systems. PEC will pay $0.15/kilowatt-hour (kWh) for the electricity and renewable energy credits (RECs) generated by the PV system for a period of at least 20 years. Participating systems may not net meter. Participants must sell all the electricity and RECs generated by the system, and purchase all the electricity their facilities consume. The RECs will help PEC meet the requirements of North Carolina's Renewables and Efficiency Portfolio Standard (REPS).

To be eligible for this incentive, PV systems must be installed in North Carolina or South Carolina on real property owned by a non-residential customer of PEC, and they must have a nameplate capacity from 11 kW (DC) to 500 kW (DC). Annual program participation is limited to 5 MW DC. Systems owned and operated by a third-party on a PEC customer's property are also eligible. To participate, PEC customers must first submit an application. PEC maintains sole discretion to accept, accept with conditions, or reject any application for any reason. If the application is approved, PEC will provide the applicant with a program contract. System owner must execute an interconnection agreement and PEC will set a separate meter to register the generation.