The South Carolina Office of Regulatory Staff (ORS) announced a new green power option for customers of the state's three largest investor-owned utilities—Duke Energy Carolinas, Progress Energy Carolinas, and SCE&G. Under the Palmetto Clean Energy (PaCE) program, customers will be able to purchase renewable energy for their electricity needs in 100 kWh increments each month, starting in January of next year. The price of the green power has yet to be determined, but ORS staff estimate that it will cost consumers about $40 to $50 each month to purchase renewable energy for all of their electricity needs. To supply the program, PaCE will procure power from renewable energy sources in the Southeast such as solar, wind, or biomass. The program is modeled after the NCGreenPower program in neighboring North Carolina and will be managed by a nonprofit group established by the state. Collectively, the three participating utilities serve about 1.3 million consumers in South Carolina.
News Release - ORS Announces Creation of New Green Power Program
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