COLUMBIA, S.C. – The S.C. Office of Regulatory Staff (ORS) announces the creation of a new comprehensive Green Power program for this state -- Palmetto Clean Energy (PaCE) -- which held its initial board meeting on August 30th.
This first meeting was the culmination of more than a year-long effort to establish a Green Power program for the state. Recognizing the need for such a program, the ORS spearheaded ongoing discussions with the S.C. Energy Office, Duke Energy Carolinas, Progress Energy Carolinas, and SCE&G that resulted in the creation of PaCE.
The new program will allow customers of the participating investor-owned electrical utilities to voluntarily purchase Green Power from their utility. PaCE will use the funds to secure electricity derived from renewable sources such as solar, wind, or bio-mass.
The mission of PaCE is as follows: Palmetto Clean Energy (PaCE) is a renewable energy program designed to encourage the development of renewable energy resources that improve the environment through reduced greenhouse gas emissions. Consumers can elect to fund Green Power purchases by South Carolina investor-owned electrical utilities. Contributions to the program help provide financial incentives for generators of electricity from renewable sources. Through this partnership with their investor-owned local utility, participants will set the PaCE for the development of renewable energy in South Carolina.
According to ORS Executive Director Dukes Scott, “We are delighted that PaCE has come to fruition and appreciate the efforts of all involved in making renewable energy more accessible to our state’s consumers. We look forward to watching the program mature and believe it will yield long-term environmental and economic benefits for South Carolina.”
The program is scheduled to be operational in January of 2008.
The Office of Regulatory Staff is an agency of the State of South Carolina. Its mission is to represent the public interest in utility regulation by balancing the concerns of the using and consuming public, the financial integrity of public utilities, and the economic development of South Carolina. For more information, please visit the ORS web site.For information, contact: