The Act 236 agreement also settles rules for legal solar leasing.
>”[…] The South Carolina Public Service Commission last week approved a settlement agreement between Duke Energy Carolinas, South Carolina Electric & Gas (SCE&G) and major environmental groups that allows rooftop solar owners to get full retail value for electricity their systems send to the grid.The agreement on net energy metering (NEM) is part of Act 236, passed in 2014 after a consultation process involving renewable energy-interested stakeholders. Solar systems installed before the end of 2020 will earn full retail value bill credit for each kilowatt-hour that goes to the grid.Act 236 also legalizes third party ownership of solar, more widely known as solar leasing, and sets up rules by which leasing companies like SolarCity and Sunrun must operate.
Dive Insight: To study the emerging solar opportunity, a South Carolina General Assembly-created oversight group organized a coalition of environmentalists, solar advocates…
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