Energy Efficiency Costs Shared
A new cost-recovery method for Duke Energy’s energy efficiency programs is now in effect in North and South Carolina.
The new method started January 1 and is in effect for three years. Duke will be able to recover the cost of approved energy efficiency and demand-side management programs and make an 11.5 percent profit on the value of the energy saved. It can collect $400,000 more in any year that its energy savings is one percent or better than the savings in the previous year.
The program is seen as a way to reduce the need for dirty power generation and could encourage Duke to look to efficiency as the first resource to meet energy demands in the two states.
- How to Use Lean Tools to Cash In On Environmental and Energy Savings
- Integrated Building Optimization
- Alarms Management: The Future is Now
- Six Essential Steps to Drive Effective Energy Management
- Trends in Energy Management: Where Should Your Next Investment Be?
- Mobility From The Plant Floor To The Store Door: Improve Safety, Accuracy, and Productivity
- Building Energy Intelligence
- Sustainability Reporting for Commercial Real Estate: GRESB
- Top 3 Reasons to Calculate Your Environmental Footprint
- Essential Guide to Lighting Retrofits and Upgrades
- Cut Costs and Improve Facility Operations with Energy Data
- Energy Procurement Strategies for Winter 2014 and 2015
- Energy Efficiency Requires Engineering Efficiency
- Integrated Building Optimization: A Crucial Convergence of Demand-side and Supply-Side Energy Management Strategies
- Driving Productivity and Profit with Industrial Energy Management