North Carolina to Revise PURPA Rules

North Carolina has passed legislation that would reform implementation of PURPA, the key policy that helped the state become the second largest solar market in the U.S. PURPA has gained relevance in recent years due to the significant decline in renewable energy costs which has made solar and wind increasingly cost-competitive. However, utilities across states disagree over rates and contract lengths pertaining to projects under PURPA. The ongoing debate over PURPA will likely prompt reforms by modifying implementation terms or pushing legislation for future changes.