Duke Power must have figured out Rogers was pro solar - thats why they ousted him as chairman during the Duke Progress merger!
I've had rooftop solar for 2 years now and we love it. However, we signed on with Progress, before the merger - our credits are issued at 5 - 6 cents per kwh but we almost always use them all up - considering that that is energy we would have paid 10-11 cents per kwh it is a bargain. Now that i know more about coal, thanks to Nancy Laplaca (posted above), its even more of a bargain. Besides, the contract with Progress specifically stated we cant ever receive a cash payout, only kwh credits- they stated from the beginning that they would only pay the wholesale rate. If we generate more than we can use at the end of the month, the credits carry over to the next month, expiring in May of each year.
Dukes "paste over" tactics, saying how much they love solar and alternative energy, then fighting it in the legislature is deplorable, stupid and shortsighted. Hell, start an arm of the company dedicated to installing rooftop solar!
Mr Wheeless - i'm not so much worried about paying the wholesale or retail rate but wasnt that Duke's own mistake in signing the contracts with solar customers? Didnt thy read their own fine print? They'd be more than happy to tell me to "read the fine print" if I had a problem with a contract! My problem with Duke is how they advertise that they LOVE solar and alternative energy but they turn around and spend millions lobbying against it in the legislature. Duke may have invested a bunch of $ into solar but, as was stated above, its mostly solar farms - how much of that was into helping individual customers get rooftop solar? I think its clear that Duke is actively trying to make it more difficult to get rooftop solar - why? I think the reason is clear - its right on your meter at the end of the month!
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