The proposed agreement includes a deferral of time-of-use rates for net metering consumers until at least 2026, as well as a ‘Proposed Bridge Rate’ for new net metering customers, thanks to the intervention of some of the state’s major rooftop solar installations.

North Carolina Governor Roy Cooper has issued an executive order calling for the development of 2.8 GW of offshore wind power by 2030, and 8 GW by 2040.