South Carolina Adopts Solar Industry Proposal to Study Electricity Market Reforms

COLUMBIA, S.C. and WASHINGTON, D.C. — Yesterday Governor McMaster signed into law H. 4940, SEIA’s recommendation to create a committee that will study electricity market reform in South Carolina. Parallel legislation has been proposed in North Carolina and is expected to be considered early next year.

Following is a statement from Sean Gallagher, vice president of state affairs at the Solar Energy Industries Association (SEIA) on this development:

“South Carolina continues to show leadership when it comes to advancing energy choice and competition in the state.

“Yesterday Governor McMaster enacted legislation that creates the Electricity Market Reform Measures Study Committee, which will study a range of potential electricity market reforms and their respective benefits to ratepayers in the Carolinas. The committee will review measures to accelerate reductions in emissions associated with South Carolina’s electricity supply and may recommend further legislation that promotes the orderly development of electric market competition in the state.

“SEIA and a broad coalition of stakeholders advocated for the creation of this committee and a stakeholder advisory board, which will include our colleagues at the South Carolina Solar Business Alliance on behalf of the industry. We commend Senators Tom Davis and Wes Climer and the South Carolina legislature for their leadership and look forward to creating the market conditions needed to promote competition and empower South Carolinians to continue to choose low-cost solar power.”

About SEIA®: 

The Solar Energy Industries Association® (SEIA) is leading the transformation to a clean energy economy, creating the framework for solar to achieve 20% of U.S. electricity generation by 2030. SEIA works with its 1,000 member companies and other strategic partners to fight for policies that create jobs in every community and shape fair market rules that promote competition and the growth of reliable, low-cost solar power. Founded in 1974, SEIA is a national trade association building a comprehensive vision for the Solar+ Decade through research, education and advocacy. Visit SEIA online at www.seia.org.

Media Contact: 

Jen Bristol, SEIA’s Director of Communications, jbristol@seia.org, (202) 556-2886