North Carolina Residents Under New Battery Storage Policies for Green Initiatives
October 27, 2022
The North Carolina and U.S. governments are now turning to renewable sources to address an increasing demand for energy. However, supply chain interruptions, economic strain and lack of technicians are hurdles to clean energy distribution.
Let’s explore what this means and how renewable energy solutions can help.
Recent Law Requires Action for Long-Term Sustainability
At the state and federal levels, legislators are calling for the power industry to revamp its methods.
With that in mind, the Bipartisan Infrastructure Law is a comprehensive move to improve sustainability in the U.S. Out of numerous stipulations, this one designates $505 million to better energy storage. The law also aims to reduce energy storage costs by 90% before 2030.
In turn, the North Carolina General Assembly passed House Bill 951 (HB951) in October 2021.
Known as Energy Solutions for North Carolina, HB951 mandates that the North Carolina Utilities Commission (NCUC) make efforts to reduce carbon emissions.
Specifically, there must be a 70% reduction in carbon emissions by 2030 and full carbon neutrality by 2050. The law formalizes the carbon reduction goals outlined in North Carolina’s Clean Energy Plan.
In addition, the NCUC must create a Carbon Plan that ensures the process is cost-effective. Residents, stakeholders and utilities will participate in forming the plan, which must be complete by December 2022.
Utility-Scale Battery Storage Benefits People and the Environment
Using backup batteries for homes is an incredible way to use renewable energy.
So, instead of needing gas, diesel or liquid propane for a generator, home and business owners can rely on solar-charged batteries in an emergency.
Homeowners can use energy reserves during crises such as long-term power outages (consider winter storm Uri in Texas), or something else altogether. Because batteries store excess energy, they can be used during intense weather events and times when energy production is lower (think nighttime or the winter months).
Designating solar power as a primary energy source reduces fossil fuel dependence and helps households rely on alternative, sustainable energy solutions that give homeowners a greater level of energy independence.
[Related: Solar Panels in Winter: Do They Work?]
Homeowners Benefit Financially With Battery Storage
A whole house battery backup improve utilities in multiple ways.
Home solar installation give users greater energy independence by generating power and using it only when needed. Some states also offer homeowners the option of selling excess power back to utility providers — this is called net metering.
Additionally, research shows that utility bills can go down by 90% when solar users pair their panels with batteries. And lithium-ion batteries in particular rarely require maintenance or maintenance fees (a big plus!).
But in terms of North Carolina’s local solar rebates and incentives, exemption from property taxes will likely save you the most money (depending on your situation, of course).
Overall, opting for a utility-scale battery installation strengthens the state’s and its residents’ economic health.
North Carolina Is Making Great Strides in Moving to Clean Energy
North Carolina’s Electric Cooperatives (NCEC), a nonprofit organization with a large customer base, is enthusiastic about the new regulations. It maintains its green initiative by establishing sustainable and dependable energy sources.
NCEC also strives to support the community and make utility bills more affordable. And utility-scale battery storage is a significant part of this effort. In fact, NCEC has already designated 10 storage locations:
- Rocky Point
- Wake Forest
Combined, these facilities produce 40 MWs of power. With these locations, NCEC intends to save residents money while reaching a net-zero carbon footprint.
[Related: Solar Energy 101]
Gain Energy Independence With Freedom Solar
To read more articles regarding renewable energy not only in North Carolina, but in the rest of US make sure to check our blog posts.
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Featured image via Unsplash