In recent years, North Carolina legislators have passed clean energy policies to allow limited market competition, which has created over 22,995 jobs and new business opportunities in all regions of our state – all while maintaining North Carolina’s highly regulated electricity market where only utilities are allowed to sell power directly to customers. As a result, these clean energy policies are attracting private investments, encouraging innovation, increasing customer choice, and most importantly, saving electricity customers money.
Clean energy has become a much-needed economic boost to North Carolina’s economy, especially in rural areas that have been hard hit with manufacturing, agricultural and textile losses.
NORTH CAROLINA’S CLEAN ENERGY POLICIES ARE:
- Providing cost savings to North Carolina electricity customers – La Capra Associates estimates N.C.’s diverse energy portfolio, including renewable energy and energy efficiency, will result in $173 million in savings for ratepayers through 2026
- Encouraging innovation and increased customer choice
- Positioning the state as a national leader in solar, waste-to-energy, smart grid and energy efficiency
- Attracting private capital investments and creating clean energy jobs in all regions of our state, especially hard-hit rural areas
- Paving the way for N.C. to achieve energy independence through initiatives that are critical to North Carolina’s valuable military bases
North Carolinians are putting clean energy to work for job growth, strong business opportunities and a future of affordable energy.