Duke Energy is determined to alter the traditional power plants from where North Carolina gets its electricity. No more conventional sources as Duke Energy would build up to 400 electricity generating mini solar plants through the stretch of the state in a $50 million proposal cleared by the NC Utilities Commission.
Duke Energy is futuristic with its low-carbon world strategy where electricity would be generated from natural sources like the sun and wind. Solar panels would be installed on roofs and grounds of the willing owners and the energy generated would be transmitted to a single grid from where it could power some 1300 homes.
This initiative is the first and largest of its kind where distributed generation involving numerous micro-generating sites would be on demonstration. Duke Energy will own and maintain these panels for the expected lifespan of 25 years.
Rental fee would be paid to the property owners where these installations would be stationed. The amount to be paid would depend on the size of the installation and the amount of power generated. The project would be completed in the next two years.
So if you’re from North Carolina would you sign such a deal? Would it be a good business for you?