Duke Energy has reached an agreement with solar installers and renewable energy advocates to bring stability to the residential solar industry in South Carolina. The deal, if approved by regulators, will provide options for customers while allowing the utility to address increasing electric demand periods in the winter for the benefit of Duke’s systems and customers in both North Carolina and South Carolina.

The proposed plan – Solar Choice Net Metering – could be the next generation of net energy metering for the Carolinas, a billing process that credits small customers with rooftop solar arrays for excess electricity they generate and provide to Duke Energy via the grid.

Solar Choice Net Metering will include retail rates that vary based on the time

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