Net Metering Program Details Finalized in South Carolina
Thursday, May 20 2021
COLUMBIA, SC and WASHINGTON, D.C — Yesterday the South Carolina Public Service Commission issued final rules for net metering in South Carolina. The Solar Energy Industries Association (SEIA) worked collaboratively with Duke Energy to successfully create a net metering program in South Carolina that better aligns with customer behavior and electricity system needs.
The net metering regime for current solar customers will be officially extended through 2025 or 2029, depending on when customers switched to solar. At the conclusion of that period, customers can continue with the current regime at 2025 or 2029 retail rates, or switch to the new program. Key elements of the new program include time-of-use rates and rebates for smart thermostats, both of which better align customer behavior with electricity system needs.
Following is a comment from Will Giese, Southeast regional director at the Solar Energy Industries Association (SEIA) on the South Carolina Public Service Commission’s successful efforts to create a net metering program for the state:
“SEIA commends the South Carolina Public Service Commission for finalizing a net metering program that supports energy freedom and South Carolina’s local solar market. This is ultimately a win for current and future solar customers in South Carolina and will ensure the local rooftop solar market continues to grow.
“SEIA also commends Duke Energy for engaging with solar stakeholders throughout this process. Because Duke Energy took a collaborative approach to net metering and entered into good faith discussions with the solar industry, we were able to come to a decision that works for all parties, especially ratepayers. We hope more utilities will take note of this approach and work with us on these important matters."
The Solar Energy Industries Association® (SEIA) is leading the transformation to a clean energy economy, creating the framework for solar to achieve 20% of U.S. electricity generation by 2030. SEIA works with its 1,000 member companies and other strategic partners to fight for policies that create jobs in every community and shape fair market rules that promote competition and the growth of reliable, low-cost solar power. Founded in 1974, SEIA is the national trade association for the solar and solar + storage industries, building a comprehensive vision for the Solar+ Decade through research, education and advocacy. Visit SEIA online at www.seia.org and follow @SEIA on Twitter, LinkedIn and Instagram.
Jen Bristol, SEIA's Director of Communications, [email protected] (202) 556-2886