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The U.S. Department of Energy and the North Carolina Clean Energy Technology Center are excited to announce that a new, modernized DSIRE is under construction. The new version of DSIRE will offer significant improvements over the current version, including expanded data accessibility and an array of new tools for site users. The new DSIRE site will be available in December 2014. Staff are currently working hard on the new version of DSIRE but are also maintaining the content of the current version of DSIRE. Thank you for your continued support and patience during this transition. We hope you are as excited for December as we are!

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South Carolina

South Carolina

Incentives/Policies for Renewables & Efficiency

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Palmetto Clean Energy (PaCE) Program   

Last DSIRE Review: 06/20/2012
Program Overview:
State: South Carolina
Incentive Type: Performance-Based Incentive
Eligible Renewable/Other Technologies: Photovoltaics, Landfill Gas, Wind, Biomass, Geothermal Electric, Municipal Solid Waste, Anaerobic Digestion, Small Hydroelectric, Biodiesel
Applicable Sectors: Commercial, Industrial, Residential, Nonprofit, Schools, Local Government, State Government, Agricultural, Institutional
Amount:Varies by technology and customer demand for Palmetto Clean Energy (PaCE)
Terms:PaCE premium payments contingent on sufficient funding and vary depending on technology
Web Site: http://www.palmettocleanenergy.com/
Summary:

Note: For a limited time, generators of 6 kilowatts or less of renewable energy can now take advantage of a premium $0.10 per kilowatt hour. This premium is available on a first-come-first-serve basis to generators of solar, wind, hydro or biomass-based electricity.

The Palmetto Clean Energy (PaCE) Program, a green-power program designed to encourage the use of renewable energy in South Carolina, currently offers premium payments for electricity generated by customer-owned, grid-tied solar, wind, biomass, geothermal and small-scale hydropower systems. A collaborative effort among Duke Energy, Progress Energy, South Carolina Electric & Gas Company, the South Carolina Energy Office and the South Carolina Office of Regulatory Staff created PaCE in 2007, and the program was launched in April 2008. Premium payments supplement utility payments provided under renewable generator-utility power purchase agreements.* Prospective generators should contact PaCE to find out the current requirements. One block of green power costs $4 and supports approximately 100 kWh of renewable energy generation.

PaCE funding comes from the customers of participating utilities who voluntarily choose to support the program through an additional charge on their monthly utility bills. Of the $4, $3 goes to the generators and $1 goes to PaCE for marketing the program. The utilities collect these customer contributions and remit the funds to PaCE, a non-profit corporation, to administer the program.

All PaCE approvals of renewable generator applications, and premium payments, are subject to sufficient funding. This program is modeled on a similar program -- NC GreenPower -- in neighboring North Carolina.


* Contact the South Carolina Energy Office or a participating utility to determine the current types of generators supported by this program. Payments provided through power purchase agreements to renewable generators depend on the time of day and season; in general, they are highest at peak hours during the summer months. These rate payments vary by utility, as do the associated administrative fees and/or other charges imposed.


 
Contact:
  Trish Jerman
South Carolina Energy Office
1200 Senate Street
408 Wade Hampton Building
Columbia, SC 29201
Phone: (803) 737-8030
Phone 2: (800) 851-8899
Fax: (803) 737-9846
Web Site: http://www.energy.sc.gov
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.