Today, the Companies have the privilege of serving more than 4.7 million retail customers across North Carolina and South Carolina with oversight from the North Carolina Utilities Commission (“NCUC”) and the Public Service Commission of South Carolina (“PSCSC”). Additionally, the Companies provide power to wholesale customers, including municipal and cooperative power providers, that supply utility service to customers in areas not served by Duke Energy. As a direct result of constructive policy and regulation in both states, Duke Energy currently owns and operates approximately 36,600 megawatts (“MW”) of diverse electric generating capacity dispersed throughout a 52,000-square-mile service territory that powers the economic vitality of the Carolinas.
The 2024 request for proposal (“RFP”) process is complete and the 2025 RFP is currently underway and not accepting additional proposals at this time. These RFPs had the following targets:
DEC and DEP are currently jointly implementing the 2026 RFP to procure new solar photovoltaic generating facility resources and new solar photovoltaic paired with lithium ion battery energy systems. The 2026 Solar RFP has the following target:
The solar and SPWS resource types in the 2026 RFP will be directly interconnected to the DEC and DEP transmission systems in North Carolina and South Carolina, as described in the RFP, to reliably serve the Companies’ customers’ future energy needs.
The Companies are seeking new solar resources through the 2026 RFP process to be acquired and owned and operated by DEC or DEP (“Utility Ownership Track”) or that will be owned and operated by independent power producers and that will sell the full output including all renewable and environmental attributes generated by the facility and delivered to DEC or DEP via the Companies’ renewable power purchase agreement (“PPA”) (“Controllable PPA Track”). The 2026 Solar RFP is not soliciting non-solar resources. The Companies plan to open the bid window on July 2, 2026.
Further details about the Companies' recent RFP processes and planned 2026 Solar RFP can be found on the following sections of this website:
The Companies have retained Charles River Associates (“CRA”) to administer the RFP processes as an Independent Evaluator (“IE”). CRA is responsible for reviewing and utilizing the relevant 2024, 2025, and 2026 SPWS Program Methodology to evaluate all Proposals in accordance with the evaluation process established and described herein and ensuring that all Proposals are treated equitably throughout the RFP. Several important milestone dates for the RFP processes are shown below: