{"id":16770,"date":"2017-11-21T11:11:51","date_gmt":"2017-11-21T16:11:51","guid":{"rendered":"http:\/\/blogs.edf.org\/energyexchange\/?p=16770"},"modified":"2017-12-18T11:43:57","modified_gmt":"2017-12-18T16:43:57","slug":"clean-energy-is-lowering-electric-bills-in-north-carolina-but-this-solar-trade-war-could-reverse-that-trend","status":"publish","type":"post","link":"https:\/\/blogs.edf.org\/energyexchange\/2017\/11\/21\/clean-energy-is-lowering-electric-bills-in-north-carolina-but-this-solar-trade-war-could-reverse-that-trend\/","title":{"rendered":"Clean energy is lowering electric bills in North Carolina \u2013 but this solar trade war could reverse that trend"},"content":{"rendered":"

\"\"<\/a><\/em>North Carolina\u2019s in the middle of a clean energy boom, but the looming threat of an international trade war<\/a> may leave the state\u2019s incredible success story a few chapters short.<\/p>\n

Over the last few months, two floundering solar manufacturers petitioned the U.S International Trade Commission (ITC) to take action against foreign competitors. These companies want the United States to levy tariffs on imported solar products because they can\u2019t match the cheaper prices. Recently, the ITC agreed with the companies\u2019 complaint and recommended to President Trump a 30 percent tariff.<\/p>\n

President Trump will decide this month what to do \u2013 he can follow the ITC recommendation, but, by law, doesn\u2019t have to. He should reject the tariffs, so North Carolina\u2019s clean energy economy can continue to thrive.<\/p>\n

Clean energy success<\/strong><\/p>\n

Today, there are more than 34,000 clean energy jobs<\/a> in North Carolina (a 30 percent increase since 2015), more than 5,600 MW of cumulative renewable energy capacity, and nearly 1000 clean energy firms that contribute more than $6 billion in annual revenue to the state\u2019s economy. North Carolina also is now second in the nation<\/a> for total installed solar energy capacity.<\/p>\n

[Tweet “President Trump should reject the solar tariffs, so North Carolina\u2019s clean energy economy can continue to thrive.”]<\/p>\n

Beyond these impressive job and revenue numbers, clean energy investments are putting downward pressure on electricity rates, saving North Carolina electricity customers money. A 2015 analysis<\/a> of the drivers behind retail electricity rates in North Carolina concludes that, as the costs of conventional power generation (like coal and nuclear) continue to rise, investments in clean energy are helping to keep overall electricity rates lower. The report estimates that investments in clean energy have already saved North Carolinians more than $160 million on their electricity bills since 2007, and could produce more than $500 million in additional savings by 2029.<\/p>\n

The clean energy future in North Carolina looks bright indeed, but a tariff would risk the important financial benefits that clean energy is delivering to electricity customers in North Carolina.<\/p>\n

Economic benefits<\/strong><\/p>\n

North Carolina\u2019s business and political leaders know that clean energy is an economic issue. It brings investment and jobs, and future-proofs our economy from fluctuating energy prices and the increasing costs associated with fossil fuel-based generation.<\/p>\n

As a result, elected officials on both sides of the aisle in North Carolina have rallied around clean energy. The passage of the Competitive Energy Solutions for NC Act<\/a> this past summer is the most recent example. The new legislation expands market opportunities for renewable energy developers and provides electricity customers with more clean energy access and choice. The measure also increases competition in the marketplace, helping to ensure that North Carolinians can get all the benefits of solar energy and other renewables at bargain prices.<\/p>\n

Other voices<\/strong><\/p>\n

Some in North Carolina\u2019s congressional delegation have been strong and vocal in their opposition to potential tariffs. Sen. Thom Tillis<\/a> led a bipartisan group of senators that urged the ITC to oppose tariffs. Sen. Richard Burr<\/a> urged the ITC to consider the consequences tariffs would have on North Carolina\u2019s economy. Reps. Ted Budd, Virginia Foxx, George Holding, Richard Hudson, Patrick McHenry, Robert Pittenger, David Price, David Rouzer, and Mark Walker have all joined with other members<\/a> of congress opposing tariffs.<\/p>\n

In a letter to the ITC<\/a>, Duke Energy \u2013 North Carolina\u2019s largest electricity provider and one of the largest electric utilities in the U.S. \u2013 urged the commission to consider the harmful consequences of actions that would artificially increase the costs of solar energy, like imposing tariffs. Duke Energy urged the ITC to avoid actions that would \u201cdisrupt the growing and developing clean energy marketplace\u201d, adding that \u201c[s]uch a disruption potentially harms our customers, our company, our employees and the larger power sector as a whole.\u201d The company also noted that \u201cthe delivery of reliable, affordable, and increasingly clean energy relies upon international trade policies that increase supply chain stability, not policies that destabilize it.\u201d<\/p>\n

Looming threat<\/strong><\/p>\n

By artificially increasing costs and disrupting supply chains, the ITC\u2019s proposed 30-percent tariff threatens to destabilize North Carolina\u2019s new competitive renewable energy markets just as they are getting started. Higher costs imposed by a punitive tariff would leave families and businesses with fewer choices and higher bills.<\/p>\n

Unfortunately, the ITC has declined to heed the advice of our elected representatives in Congress, instead recommending this crippling 30-percent solar tariff. We need strong leadership more than ever, and we hope that our senators and representatives from The Tar Heel State and elsewhere will redouble their effort and direct their focus on the president.<\/p>\n

If we want North Carolinians to continue reaping the numerous benefits associated with a competitive and growing clean energy industry, we\u2019ll need steadfast engagement to prevent the ITC\u2019s tariff proposal from undermining our state\u2019s favorable business environment.<\/p>\n

Photo source: Unsplash\/AmericanPublicPowerAssociation<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

North Carolina\u2019s in the middle of a clean energy boom, but the looming threat of an international trade war may leave the state\u2019s incredible success story a few chapters short. Over the last few months, two floundering solar manufacturers petitioned the U.S International Trade Commission (ITC) to take action against foreign competitors. These companies want …<\/p>\n","protected":false},"author":124877,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[557,203],"tags":[],"coauthors":[],"class_list":["post-16770","post","type-post","status-publish","format-standard","hentry","category-north-carolina","category-solar-energy"],"acf":[],"yoast_head":"\nClean energy is lowering electric bills in North Carolina \u2013 but this solar trade war could reverse that trend - Energy Exchange<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.edf.org\/energyexchange\/2017\/11\/21\/clean-energy-is-lowering-electric-bills-in-north-carolina-but-this-solar-trade-war-could-reverse-that-trend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Clean energy is lowering electric bills in North Carolina \u2013 but this solar trade war could reverse that trend - Energy Exchange\" \/>\n<meta property=\"og:description\" content=\"North Carolina\u2019s in the middle of a clean energy boom, but the looming threat of an international trade war may leave the state\u2019s incredible success story a few chapters short. 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