While renewable energy companies continue to make their mark in the world, the legal policies surrounding the industry are still being shaped and fought over. In a recent story that shines a light on this ever-shifting legal landscape, Duke Energy has come under fire amid allegations that the power company’s purchase agreements violate federal and state laws.
Cypress Creek Renewables (based in California) filed a formal complaint against Duke late last month, accusing the company of refusing to enter into purchase agreements for extended, large-scale projects. Currently at the heart of the debate lies the precise time frame and definitions regulating “long-term” purchase agreements.
This dispute is only the latest update in an ongoing battle between these two companies and calls into question dukes refusal to negotiate several agreements that would span longer than 5 years. The total power that hangs in the balance: 402 megawatts. To put that into perspective, home solar installations have an output of around 4 to 6 kWh.
How the North Carolina Utilities Commission handles this complaint is critical as it may have the power to shape how solar energy is bought and sold in the United States. Any changes to current regulations or precedents may come to shape the foundation for the industries continued prosperity and evolution. For more information on solar energy news and updates, be sure to keep up with our latest blog posts.
About SunPower by South Coast Solar
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Would you like to know more? Call (803) 626-0552 or contact our South Carolina solar power installers online.