South Carolina Utility Commission Embraces Shared Savings Plan for Duke Energy

South Carolina with the gift of energy efficiency

Switchboard, December 20, 2013

Joining its northern neighbor, South Carolina has taken a bold step forward for clean energy this week when the Palmetto State’s public utilities commission approved a “shared savings” program to compensate Duke Energy if its investments in energy efficiency programs can save money for customers.

Six weeks ago, North Carolina took the same action, so the southern states are in tandem in pushing Duke Energy toward greater efficiency. It’s exciting that the utility commissions decided to have the company meet with interested parties to develop programs to help low-income customers and promote on-bill repayment. Elsewhere, these programs have offered valuable energy efficiency savings, and we’re glad to work with Duke Energy to help design and integrate the programs through their system.

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