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How much of Duke Energys North Carolina Renewable and Energy Efficiency Portfolio Standard (REPS) requirement does this program satisfy?

April 26, 2017Duke Energy efficiency Energys north carolina portfolio program renewable REPS requirement standard

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How much of Duke Energys North Carolina Renewable and Energy Efficiency Portfolio Standard (REPS) requirement does this program satisfy?

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The solar program will help Duke Energy satisfy a significant portion of the companys near-term solar requirement under the North Carolina Renewable and Energy Efficiency Portfolio Standard (REPS), which requires the utility to satisfy 12.5 percent of its customers power needs with renewables or energy efficiency by 2021. Investor-owned utilities, such as Duke Energy, must also meet incremental requirements in earlier years.