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Editorial: What was the PSC thinking? New SC solar energy rates are ridiculous

From The Post and Courier:

Under a recent Public Service Commission decision, Dominion and Duke would pay the lowest prices in the nation for electricity generated by South Carolina solar farms, 2-3 cents per kilowatt-hour.

Conservation Voters of South Carolina called the decision a “doomsday scenario” for big solar producers.

Perhaps that’s an exaggeration, but the utilities pay substantially higher solar rates in their home states of Virginia and North Carolina and elsewhere, where they also offer solar producers longer-term contracts.

So why is South Carolina getting short shrift? It’s hard to understand in a state where consumers pay 12-13 cents per kilowatt-hour, which contributes to the highest electricity costs in the nation, about $1,750 per household per year. It’s doubly hard to understand in light of a 6-month-old state law that lifted caps on rooftop solar, guaranteed homeowners would get full credit for the electricity they produce and ordered a review of payments to big solar producers.

Read entire editorial

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