SC Duke Energy Carolinas Resuming Net Metering

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Duke Energy Carolinas Customers in South Carolina: Get the most value when you go solar by March 2019

Update: The solar-friendly “net metering” program is coming back for a limited time, announced September 26, 2018, encouraging customers to act on solar now.

What you need to know: Homeowners and business people served by Duke Energy Carolinas in South Carolina will have the next few months to move ahead with grid-connected solar and save more with this popular program that rewards solar customers by paying back full value for solar energy. Here’s why it makes a big difference:

Savings: The utility issues any customers who go solar under this program a two-way meter, which accounts for any extra solar power you send to the grid. It ensures you receive full and complete bill credit for every bit of solar energy you contribute. Not only do you use your own energy, but the surplus directly offsets the grid energy you use at night. This is expected to change after this spring.

What is the reason for this? More NC and SC energy customers than ever are producing their own solar energy. But now, the landscape around how solar is going to be treated in the Carolinas is shifting. Renu Energy Solutions aims to help customers understand what’s happening: As solar power has expanded, utilities seem to be seeking to treat the next generation of customers who purchase solar differently.

greenville sc solar installationThe favorable solar energy policies that have helped grow solar by leaps and bounds in South Carolina won’t be around forever (even though we’ll be advocating strenuously for extensions and new incentives.) Our goal is to make sure you don’t miss your chance to maximize your savings. If you’re still planning on going solar but have put off getting started, your solar economics will change this spring.

Given good solar potential at your location, your solar investment will provide the greatest economic benefit for you if act while you are still eligible for full solar credit. We understand this will end in March 2019.

Keep in touch with us to make sure your solar contract and project can get started under this policy and increase your solar savings. Register for a solar consultation if you haven’t already to begin!



Frequently Asked Questions About Residential and Commercial Solar Energy Systems:

How exactly does going solar and a solar system itself work?
Solar energy begins with sunlight that hits the panels to produce energy that flows into your inverter, which converts the DC energy into Alternating Current (AC) electricity that can be used to power your home. This same energy is then consumed when powering your home’s light, appliances, gizmos, and gadgets. If you feel your home isn’t producing the energy that it needs, the utility will fill in the gaps. If you system produces more energy than needed, that energy will go to the grid and your utility will credit you for the unused power.
How many solar panels do I need for my home?
At Renu Energy Solutions we design our solar panel systems size based on three main factors.

Roof-size/available space: When we look at the size of your roof and the space available, we gather data that tell us the maximum number of solar panels your home or site can hold and we even consider shading. We use a software “Suneye” which takes a 360 picture of your roof and we use this photo to determine if your home is a good candidate for solar.

Energy Usage: When we determine energy usage we look at your past electrical bills from over the course of a year to make sure your system isn’t too big or too small.

Your Budget: We take your budget seriously and most importantly, we want you to be satisfied with our services. We take your feedback on how much you want to spend so that we can size your system appropriately.

What is solar net-metering?
Net-metering is a type of utility policy that controls how your system is connected to the grid and how you are credited for the solar energy you produce.
Does Duke Energy offer net-metering?
Yes! Both Duke Energy Carolinas and Duke Energy Progress territories in NC offer net-metering when your homes goes solar. If you are interested in net-metering, no worries. Our team will guide you through the process as certain utilities have a different application procedure.
Curious about the cost of a home solar system?
When our clients ask this question, we immediately tell Tham about the federal tax credit that comes with going solar. The Federal tax credit for going solar is 26% in 2020. For example, if the total cost of you system was $22,000, when you subtract 26% you are then left with a %16,280 solar system. There is not set price for a home going solar as there are many factors that contribute to the total cost. The price of a solar home can range from $10k to $100k based on the size of your roof, energy usage, aesthetic preferences, and of course, budget.

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