Last week Duke Energy told the SC Public Service Commission that it wants its 540,000 customers to give it more money…a lot more money. $220 million more a year to be exact.
While Duke wants its customers to pay more, it is fighting in the Legislature to stop them from being able to pay less. Duke and the other energy utilities successfully derailed a bipartisan bill just several weeks ago in the House that would have allowed third parties to finance and own solar panels on buildings and sell the electricity generated to the owners of the buildings. Other states have successfully gone this route and taken away the biggest obstacle to more use of solar energy by residential and commercial buildings—the upfront cost to the building owner.
For those keeping score, 15 Senators is 33% of the entire Senate. Duke and its energy buddies will have a lot harder time burying this bill.
Stay tuned. It’s going to be fun.