Solar power projects, 2 MW or larger, would be tied to the company's Green Source Rider. That program, approved in late 2013 by the North Carolina Utilities Commission, allows large customers of Duke Energy Carolinas to supply new electricity load with renewable energy.
Duke Energy is looking for projects 2 MW or larger in the Duke Energy Carolinas territory. It gives developers the opportunity to sell power for up to 15 years, or to negotiate with Duke Energy for the utility to acquire ownership of the new facilities. Final selection will be based on pricing, customer preference and other considerations.
The company would like the projects to be online by the end of 2015, if possible — but Duke Energy will consider projects with a 2016 delivery date. The RFP is limited to projects that are in the company's current transmission and distribution queue. Duke Energy will give preference to projects in the latter stages of development.