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.
- Planning for a Sustainable Future
- The Missing Puzzle Piece: Automated Utility Data Aggregation
- The New Energy Future - Challenges and Opportunities in Corporate Energy Management
- There’s Money in the Trash
- Financing Environmental Resiliency and a Low-Carbon Future with Green Bonds
- Strategies for a Successful EHS&S Software Selection
- How the IoT is Reshaping Building Automation
- Shifting the Focus from End-of-Life Recycling to Continuous Product Lifecycles
- 2016 Environmental Leader Product & Project Awards
- 10 Tactics of Successful Energy Managers