Duke Energy wants to cut prices paid to solar power producers by 30% in latest regulatory case
Story Date: 4/7/2017

 

Source: TRIAD BUSINESS JOURNAL, 4/6/17

If state regulators accept Duke Energy’s proposal to cut the price it pays for power from independent power producers, a typical 5 megawatt solar farm built in 2017 would make about $160,000 less a year than one built in 2016.That would mean almost a 30 percent cut in payments Duke makes to independent power producers for solar and other kinds of renewable energy, according to calculations by John Hinton, director of economic research for the Public Staff of the N.C. Utilities...

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