Duke Energy launched a competitive bidding process for new solar capacity last year. The process, being overseen by an independent administrator, seeks to add 680 MW of new solar capacity in 2019 – enough to power about 125,000 homes at peak output. A total of 78 projects bid 3,900 MW of solar capacity in the first tranche – with all projects offering energy prices below the company's avoided cost. Projects can be built in both states. Winners will be selected later this year. Duke Energy became one of the few companies in the Carolinas to offer solar leasing to commercial customers. A subsidiary of Duke Energy will build, own and operate onsite solar facilities that will allow customers in North Carolina and South Carolina to access renewable energy without paying a large upfront investment. The company also launched its Shared Solar program, with a 7-MW solar facility in Dillon County, SC.