NC’s solar business threatened by new legislation
That’s the word from the North Carolina Solar Energy Association, which says that House Bill 298 jeopardizes energy business stability. According to the solar advocacy organization, the new bill would unravel clean energy legislation enacted in the state in 2007 that has allowed its clean energy industry to take off and is saving ratepayers millions while generating nearly $2 billion in revenue and thousands of jobs in North Carolina.
The newly proposed legislation, introduced by a group of Republican Representatives: Mike Hager, Jeff Collins, Marilyn Avila, George Cleveland and Justin Burr, would allow for more monopoly control of utilities in the state while essentially gutting the legislation that created a renewable portfolio standard in North Carolina. The bill, titled "The Affordable and Reliable Energy Act" said it is: “An act to reduce the burden of high energy costs on the citizens of North Carolina by eliminating renewable energy portfolio standards; and to provide for cost recovery by public utilities for certain costs of compliance with renewable energy portfolio standards.”











