| Solar Energy Now More Cost Effective With Net
Metering Approved in South Carolina
GREER, S.C., Aug 11, 2008 /PRNewswire
Solar energy has just become more cost effective in South Carolina as a
result of a recent Public Service Commission order. Starting July 1, solar
customers are now able to use net metering to offset their energy costs like
customers in nearly all 50 states.
"This is significant for South Carolina. With rising energy costs, net
metering can further reduce solar customers' energy bills by up to 30
percent," says Bruce Wood, founder and CEO of Sunstore Solar, the largest
solar installation company in South Carolina. "With this kind of savings we
are forecasting a rise in business as people learn more about solar and the
benefits of net metering."
Net metering allows homeowners to "bank" power generated by their solar
systems. For example, excess power generated by a system during the day can
now be captured and credited to their account for use at a later date.
Without net metering, this energy was lost unless a customer had a back-up
battery system.
According to John Clark, director of the South Carolina Energy Office, the
state spends about $18 billion on energy annually. "The problem is most of
that amount goes out of state. Renewables let us keep more revenue here, so
we're very pleased that the state's investor-owned utilities have made it
easier for their customers to use clean, renewable energy," he said.
This new Public Service Commission ruling applies to all investor-owned
utilities including Duke Energy, Progress Energy and South Carolina Electric
and Gas. Rates and explanations are now published on company websites.
For links to all three net metering sites, see the South Carolina Energy
Office's website, www.energy.sc.gov and click on Renewables/Net metering.
The PSC order also requires that the utility companies have trained and
knowledgeable customer service personnel available to assist customers.
The public service commission began hearings on net metering back in 2005.
Now, all but seven states have a net metering program in place.
Sunstore Solar, the largest solar company in South Carolina, has installed
60 solar systems in the last three years, totaling 75 percent of all systems
registered with the South Carolina Energy Office. Recently, the company has
been involved in such high profile green projects as the Southern Living
Showcase Home at Furman University (Cliffs Cottage), and the HGTV Green
Home, the first LEED certified home in South Carolina.
For more information about Sunstore Solar, go to www.sunstoresolar.com .
For a copy of the PSC directive, please copy and paste the following url
into your web browser:
http://dms.psc.sc.gov/attachments/orders/C0110B8D-BB46-
5837-0119BB0A9B89FD40.pdf .
For a map showing the states with net metering policies, go to
http://www.eere.energy.gov/greenpower/resources/maps/netmetering_map.shtml
SOURCE Sunstore Solar
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