RALEIGH, N.C. (June 22, 2011) – Progress Energy Carolinas today issued a request for proposals (RFP) for electricity generated from solar resources located in its service territory. The request is part of the utility’s continual efforts to increase the amount of electricity purchased from renewable energy resources.
The company is seeking solar photovoltaic (PV) projects with capacity ratings of 1 to 3 megawatts (MW). The RFP calls for newly constructed resources that are directly interconnected to the utility’s electricity grid in the Carolinas. Potential projects must meet the requirements of North Carolina’s renewable energy and efficiency portfolio standard (REPS) and must also include a proposal to sell the project’s renewable energy certificates to Progress Energy. Details about bid requirements, important forms and contact information are online at www.progress-energy.com/renewableRFP.
Progress Energy is addressing the challenges of growing energy demand, rising costs and global climate change with a balanced strategy that includes aggressive energy efficiency, innovative renewable energy resources and a state-of-the-art power system. Progress Energy Carolinas has more than 100 MW of renewable energy under contract that complies with the REPS, and met its 2010 solar target by purchasing more than 7,000 megawatt-hours of supply from various solar resources.
Proposals received from qualified bidders will be evaluated based on cost and other attributes. Proposals must be submitted electronically no later than 5 p.m. EST on July 20, 2011. Short-list determination, if applicable, is scheduled for mid-August. Contract negotiation and award announcements are scheduled to be completed by the end of the third quarter.
The company’s commitment to renewable energy and REPS compliance strategy includes working with as many third-party developers as possible. This approach helps build the state’s renewable energy industry and allows the company to efficiently test the performance of various technologies in locations across the state.
Progress Energy Carolinas also has a diverse group of incentive programs aimed at helping its customers harness the power of the sun. The SunSense® commercial and residential solar PV programs offer premium payments and rebates to customers to help reduce the cost of installing rooftop solar PV arrays. For more information on these programs, visit www.progress-energy.com/SunSense.
About Progress Energy
Progress Energy (NYSE: PGN), headquartered in Raleigh, N.C., is a Fortune 500 energy company with more than 22,000 megawatts of generation capacity and approximately $10 billion in annual revenues. Progress Energy includes two major electric utilities that serve about 3.1 million customers in the Carolinas and Florida. The company has earned the Edison Electric Institute's Edison Award, the industry's highest honor, in recognition of its operational excellence, and was the first utility to receive the prestigious J.D. Power and Associates Founder's Award for customer service. The company is pursuing a balanced strategy for a secure energy future, which includes aggressive energy-efficiency programs, investments in renewable energy technologies and a state-of-the-art electricity system. Progress Energy celebrated a century of service in 2008. Visit the company’s website at www.progress-energy.com.
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