A report found if Duke Energy includes more renewable energy resources over the next 10 years, it could create over 100,000 new jobs for the state.
The goal of the research was to evaluate if current natural gas plants were taken off of the grid, would renewable energy sources be able to provide sufficient energy to the state.
“This is probably the most comprehensive report that looks at North Carolina specifically and Duke Energy’s grid specifically,” said David Rogers, spokesperson for the North Carolina Sierra Club, which published an analysis of the report written authors from the Greenlink Group.
The cleaner energy plan laid out by the analysis would lead to increases in available jobs in the state, average incomes and state level gross domestic product.
Under this renewable energy plan, new fossil and nuclear capacity that Duke Energy has proposed to construct over the next 10 years wouldn't be needed. The seven coal plants currently on Duke’s system could be retired by 2027.
Clean energy would create 125,000 to 173,000 jobs, while the utility sector would lose 16,000 jobs. The resulting total impact from the cleaner energy plan is an increase in employment in North Carolina, ranging from 109,000 to 157,000 jobs.
The study finds if this cleaner energy plan was implemented, residential customers would save an average of $101 per year on their electric bills and non-residential customers would save approximately $611 per year.
Matt Cox, co-author of the report, said the aim of the report is not to villainize Duke Energy but rather to evaluate if its plans are the most effective.
According to the report, renewable energy would not take away local jobs. Clean energy tends to create more labor-intensive and localized jobs.