South Carolina's Office of Regulatory Staff (ORS) certified Empower Energies, Inc as the first lessor of renewable electric generation facilities, unlocking the first commercial solar leases in the state’s history. This ground-breaking commercial solar lease enables companies to implement on-site solar projects with no capital expenditure or upfront costs.
When South Carolina’s Distributed Energy Resource Program Act was signed into law in June 2014, Duke Energy, Duke Progress Energy, and SCE&G formulated programs of their own designed to promote the development of distributed energy resources within their service areas in the state. To encourage early adopters, these utilities have introduced a set of rebates, including one for commercial customers that have the space on-site to install rooftop or ground-mounted solar solutions. And now that Third-Party Financing is available in South Carolina for the first time ever, businesses can implement solar projects without upfront costs. To learn more about how you can access the savings that solar energy can provide for your business, read this blog and its downloadable Q&A Document.
In the past, solar technology has been expensive and solar projects required a large upfront capital investment. In an effort to help lower that cost, Duke Energy and SCE&G are offering South Carolina organizations like yours incentives to help you make the switch to solar. Better still, South Carolina has passed legislation for the first time ever allowing third-party financing for renewable-energy projects. This means that your organization can install solar without upfront costs, save money on day one, and enjoy savings for decades. To learn more about third-party financing, read this blog and its downloadable Q&A Document.
With Net Metering now in place in South Carolina, on-site solar electricity generation can have an immediate and significant impact on your bottom line. The solar energy you produce is sent back to your utility and credited to your electric bill. This credit is received through a billing mechanism called ‘Net Metering.’ Net metering allows the exchange of power produced by your solar installation with your utility, enabling the lower-cost, clean energy produced by your system to significantly reduce your facility’s utility bill….for decades. To learn more about Net Metering, read this blog and its downloadable Q&A Document.
Have you heard about South Carolina’s Distributed Energy Resource Program (DERP)? This new law enables you to add on-site solar power generation without capital expenditure because it allows Third-Party Financing across the state for the first time ever. This makes it possible for you to significantly reduce your organization’s energy spend, with an immediate bottom line impact that can last for decades. This blog and its downloadable Fact Sheet give you the background on this breakthrough legislation, the mechanics of Net Metering, the involvement of Duke Energy and SCEG, and the five things you should know about this brand new program and how it can benefit your organization.