RALEIGH, N.C. — On Thursday, the North Carolina Utilities Commission (NCUC) issued final orders in its net metering “Smart $aver” docket. The Commission approved a three-year glide path for solar customers to transition from monthly credits to a more dynamic time-of-use rate structure that incentivizes the use of solar when it is most valuable.
The order also directs Duke Energy to open a solar plus storage program within 90 days, approves a $0.36/watt incentive to go solar, and approves another monetary incentive to encourage residential energy storage installations.