SC Public Service Commission terminates Pegasus contract

Pegasus Global Holdings has been removed by the South Carolina Public Service Commission as a qualified independent third party to aid in the setting of the prices that Duke Energy and Dominion Energy will pay for electricity from solar panels owned by independent power producers.

The move to reassess and decide came after several lawmakers and environmental groups raised concern about Pegasus’ qualifications and connection with the Duke and Dominion companies. This includes the Southern Environmental Law Center representing Southern Alliance for Clean Energy and Coastal Conservation League in the matter.

The commission is now ready to open up a new search for a qualified independent third party to replace Pegasus. PSC now plans to evaluate the consultants in public.

Commissioner Tom Ervin wanted the consulting firms to be examined under oath to assess any conflicts of interest the candidates might have.

“We want to get it right and we want to be fair and impartial and transparent,” Ervin said.

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