Palmetto Clean Energy - Setting the PaCE for South Carolina's Future

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How PaCE Works

  • Each $4 tax-deductible contribution is received from voluntary PaCE participants.
  • The host electric utility receives and transfers the entire $4 contribution to PaCE.
  • PaCE retains 50 cents for its services; $3.50 is allocated to fund renewable energy premiums to renewable generators that supply 100 kilowatt-hours of renewable energy into the state's power grid.
  • One block of green power is the equivalent of approximately 10 percent of an average home's monthly usage.
  • In addition to monthly installments, customers can make one-time, tax-deductible contributions.
How Pace Works Illustration