Performance Based Incentive (PBI) Step Down Chart:
For Net Energy Metering Plus customers, PBI rates will be set based on the pricing available at each tier of total customer solar production. As participation (on a first-come-first-serve basis) increases, the PBI decreases.
|Step ||Cumulative Capacity (MW) for all SCE&G Customers ||PBI per kWh ||Status |
|PBI fixed for a 10 year term. |
PBI may be assigned to the customer's lessor or installer.
|1 ||0 < cumulative capacity(s) ≤ 2.5 ||$0.04 ||Open |
|2 ||2.5 < cumulative capacity(s) ≤ 5 ||$0.03 ||Pending |
|3 ||5 < cumulative capacity(s) ≤ 7.5 ||$0.02 ||Pending |
|4 ||7.5 < cumulative capacity(s) ≤ 9 ||$0.01 ||Pending |
Community Solar — Coming Mid-2016
Community solar allows you (homeowners and renters) the option to buy a portion of a solar farm without installing solar at your home. Community solar arrays, sometimes referred to a solar farm or solar garden, are centralized SCE&G solar facilities with individual panels available for purchase by customers who receive credits on their electricity bill for the power produced.
SCE&G will offer community solar beginning in mid-2016. Customers will be able to purchase panels in a solar farm and receive a corresponding pro rata share of energy output through a monthly bill credit. Participants will receive a $0.10 per kWh for 20 years. The cost per panel will be comparable to the cost of installing rooftop solar.