Duke Energy Carolina

Duke Energy Carolina (DEC)

https://www.duke-energy.com/home

Utility Fixed Fee: ?

Avg Utility Rate (before solar): $0.108/kWh

Solar Buyback: Monthly Net Metering

Max System Size: 29 kW DC

Max Offset: 150%

System Size Justification: Net metering in SC DEC territory is governed by Rider RNM. Rider RNM does not allow residential projects in excess of 20 kW AC to receive net metering. We arrive at a maximum allowable kW DC value based off of our AC-DC conversion factor.

Monthly Net Metering Credit: TOU rate required. Exported kWh offset imported kWh in the same TOU period 1-to-1 during the monthly billing period. Any net excess generation per TOU period is credited at ~2.7 cents/kWh. $30 minimum bill

Annual Credit True Up: No annual true- up. Bills are settled monthly, any net excess credit is valued at a lesser avoided cost rate and rolled over to the next month

Available Solar Incentives

State Tax Credit

Federal ITC

R.E.T.E