The North Carolina House of Representatives has introduced a new bill to reform the Public Utilities Regulatory Policy Act and update the state’s renewable portfolio standards, according to the North State Journal.
The bill is called “Competitive Energy Solutions for NC,” and was the result of a consensus made after months of negotiations by utilities, solar companies and other stakeholders.
Duke Energy sent a press release praising the new bill, along with a quote from Duke’s president David Fountain:
“This bill is a victory for customers and for the state of North Carolina. First, it makes solar energy more affordable and efficient for all customers—while providing a balanced, reliable approach to connecting solar energy onto the grid. Second, it helps maintain North Carolina’s competitive position as a leader in energy policy and economic growth, both of which are important to preserving a pro-growth business climate for our state.”
The bill was introduced by Rep. John Szoka (R-Cumberland) and Rep. Dean Arp (R-Union), and supported by Speaker of the House Tim Moore.
According to Moore’s website, the bill includes the following:
- Puts in place a competitive bidding process for solar developers that controls costs and fosters market-driven solutions for North Carolina electricity customers.
- Creates a Green Source Rider Program, which allows large utility customers to purchase the type of energy that makes the most sense for their customers and employees.
- Creates a solar leasing program where customers can work with private parties to take advantage of a competitive market to install renewable energy with competitive pricing. Makes solar more accessible and cost-effective for consumers through community and third-party leasing energy programs.
- Studies state energy policy to assist lawmakers in providing affordable solutions to power customers and reliability to the power grid as technology evolves.