This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

North Carolina Regulators Approve Green Source Rider For Duke Energy Carolinas Customers

RALEIGH, N.C., Dec. 19, 2013 /PRNewswire/ -- The N.C. Utilities Commission (NCUC) has approved a new renewable energy program for certain Duke Energy Carolinas customers in North Carolina.

(Logo: http://photos.prnewswire.com/prnh/20130322/CL81938LOGO)

The Green Source Rider, approved by the NCUC on Dec. 19, is an experimental program designed to give energy-intensive customers, such as manufacturers, data centers, college campuses and big-box retailers, the option of offsetting some or all of their energy consumption from new load – such as a new or expanded facility – with renewable energy.  

"We are pleased to offer this new program that may help to promote economic development and growth of renewable energy in the region, and to help our customers achieve their sustainability goals," said Paul Newton, Duke Energy president – North Carolina.

The Green Source Rider was filed Nov. 15 in North Carolina by Duke Energy Carolinas.

The program is available to Duke Energy Carolinas customers served on rates OPT-G, OPT-H and OPT-I. Customers may elect to offset some or all of their new load with energy generated from renewable energy sources.

"This is the first program Duke Energy has developed that gives customers the option to purchase renewable energy to offset  new energy consumption," said Newton. "We designed a program that responds to certain customer requests for more renewable energy, but that does not adversely affect other customers."

The complete Green Source Rider filing can be viewed here: http://www.duke-energy.com/pdfs/2013111501-addendum.pdf. The NCUC order approving the program can be found at www.ncuc.net (Docket E-7, Sub 1043).

Participating customers will make an application to Duke Energy Carolinas requesting an annual amount of energy and renewable energy certificates to be produced or procured over a specific term.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,058.92 -20.65 -0.12%
S&P 500 1,999.94 +3.20 0.16%
NASDAQ 4,572.06 +14.3650 0.32%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs