In November 2019, the South Carolina Public Service Commission authorised the bottom solar charges utilities should pay impartial solar producers within the nation. SEIA issued a statement on the time saying the choice undermined the Energy Freedom Act and “will have a lasting and devastating effect on the solar industry’s ability to operate in South Carolina.”
At the start of 2020, the PSC reversed that call in response to petitions by the Southern Alliance for Clean Energy (SACE) and others asking for the fee to rethink, in accordance with Bryan Jacob, SACE solar program director.
Jacob stated the fee realized there have been inconsistencies between the low rate and the Energy Freedom Act, so it elevated the price Dominion Energy must pay to independent solar providers.
He stated builders will be capable of make a revenue utilizing the brand new charges, but PPA contract phrases also needs to be lengthened to create a vibrant solar market. They’re presently set at 10 years, which was the minimal size established by the Energy Freedom Act.
“A 10-year contract is not sufficient for developers to be able to collect capital,” Jacob stated. “People who are financing those projects want certainty.”
A listening to on contract phrases will happen early this yr.