Lawmakers propose ferry ads to avoid fare hikes
By: Kate Elizabeth Queram
A first draft of legislation seeking to limit North Carolina's investment in renewable energy sources appears dead in the water, a development that experts said could help ensure the future of North Carolina's flourishing solar energy market.
"That legislation, if it goes through, will have, in the long run, an adverse effect on the growth of the solar market in North Carolina," said Matt Lugar, senior vice president of sales and marketing for Stellar Energy, a California-based solar energy integrator that recently opened offices in North Carolina. "I don't think there's any question."
As written, House Bill 298 – which passed first reading, but was then referred to four separate committees – would eliminate the state's renewable energy portfolio standard. That provision, known as the REPS law, was passed with bipartisan support in 2007 and requires power providers in North Carolina to generate a certain percentage of electricity via renewable energy resources, including solar.
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