NewEnergyNews More: NO. CAROLINA SOLAR ADVOCATE NC WARN FILES SOLAR TPO FINANCING TEST CASE

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  • Monday, June 22, 2015

    NO. CAROLINA SOLAR ADVOCATE NC WARN FILES SOLAR TPO FINANCING TEST CASE

    NC WARN sets up test case on solar-power sales

    John Downey, June 17, 2015 Charlotte Business Journal

    Solar advocacy group NC WARN built a 5.2 kW solar project on the roof of North Carolina’s Faith Community Church, is selling the power to the church, and asked state regulators to approve the arrangement to test whether the variation on third party ownership (TPO) solar financing is legal. NC WARN wants the North Carolina Utilities Commission (NCUC) to find the TPO agreement to be a funding mechanism that allows the church to avoid the upfront costs of the solar project and therefore legal under state law even though the sale of solar-generated electricity to anybody but the local utility is prohibited. NC WARN believes it can win approval from the NCUC and the courts if necessary. Duke Energy, the state’s dominant electricity provider, argues NC WARN is using utility privileges but avoiding rules and regulations governing utilities. click here for more

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