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New Duke Energy program helps South Carolina nonresidential customers lower costs while supporting a growing grid

$DUKPress releaseMay 27, 2026, 12:08 PM ETRead the release

The Public Service Commission of South Carolina approved Duke Energy's PowerShare Storage program, expanding demand-response incentives to nonresidential customers. Participants earn bill credits including a $120/kW connectivity fee and $3.50/kW monthly capacity payments by allowing Duke to discharge their storage systems up to 36 times a year.

Key figures

Curtailment credit
$0.10 per kilowatt hour
Connectivity credit
$120 per kilowatt
Renewable bonus credit
$30 per kilowatt
Monthly capacity credit
$3.50 per kilowatt
Opt out events per year
4
Max event duration hours
4
Max curtailment events per year
36
Existing demand response participants
500,000

AI analysis

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