Wednesday, March 7, 2012

Duke Energy Solar Energy Credit Program


Duke Energy Ohio offers the Solar Renewable Energy Credits program to residential customers in Ohio that install solar photovoltaic systems on their homes. One solar renewable energy credit is created when a PV system generates one megawatt MW of electricity.

In order to qualify for the program, a customer must register the facility with the Public Utilities Commission of Ohio and establish an account with either the Generating Attributes Tracking System GATS or the Midwest Renewable Energy Tracking System M-RETS. Eligible customers must sign a 15-year purchase agreement with Duke Energy by December 31, 2012 and sign an interconnection agreement with the company. PV systems comply with the standard net-metering requirements of Duke Energy's net metering program, and systems 6 kilowatts (kW) or larger require an additional meter.

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