Under the program, eligible customers lease a solar energy facility from Duke Energy for up to 20 years.
(Plainfield, Ind.) - Duke Energy wants to make it easier for Indiana businesses, schools and non-profits to take advantage of solar power.
The Indiana Utility Regulatory Commission has approved a Duke Energy customer pilot program.
Under the program, eligible customers lease a solar energy facility from Duke Energy for up to 20 years. Duke Energy then installs, operates, owns and maintains the facility, while the customer would receive all of the kilowatt-hour output of the solar energy equipment through a net-metering arrangement.
“This program gives our business and nonprofit customers, including schools and local governments, another option to incorporate clean, renewable energy into their energy mix through a cost-effective leasing arrangement,” said Stan Pinegar, Duke Energy state president for Indiana.
All costs associated with the program will be borne by participating customers only, so that non-participating customers are not impacted.
This program joins the company’s other efforts to promote clean, renewable solar power, including building and operating a 17-megawatt (MW) solar plant at a southern Indiana naval base.
For more information, visit www.duke-energy.com.