Duke Energy Solar Rebate Nc 2018

Nonresidential customers can get a rebate up to 50 000 for up to 100 kw ac and nonprofits can get a maximum rebate of 75 000 for up to 100kw ac.

Duke energy solar rebate nc 2018.

Solar rebates are available for systems up to 10kw ac for residential customers with a 6 000 maximum rebate. Duke energy today proposed a 62 million solar rebate program designed to help its north carolina customers with the upfront cost of installing solar panels on their property. So far in 2018 more than 1 300 customers have installed systems and qualified for rebates. The program is fully subscribed for 2019 with the exception of non profits.

After 2020 the 26 federal tax credit decreases to 22 in 2021 and then all the way down to 10. The program first opened january 1st 2018 provides duke energy carolinas and duke energy progress customers with a rebate for solar systems installed. Considering installing solar panels at your home in north carolina. In january 2018 duke energy carolinas and progress proposed a 62 million solar rebate program for customers in north carolina.

To show you nc solar rebates we need to know your location. 2 when the window opens for customers to apply for duke energy s solar rebate program. See how this one time rebate can make going solar more affordable. Another wave of solar energy is expected jan.

The duke energy solar rebate program is one of many customer programs the company is implementing as part of the competitive energy solutions for north carolina law passed in 2017. The program opened for applications as planned on july 9. Duke energy solar rebate for n c. Rebates are available to duke energy residential electric customers residing in single family homes mobile homes townhomes or duplexes.

Under the rebate program duke estimates customers can save up to 45 on the costs of installing rooftop solar. Lower prices tax credits and solar rebates combined make good financial sense for a north carolina business to go solar. Under the program residential customers will can get a rebate of 60 cents per watt. In addition to macrs the combined 30 federal tax credit and up to a 50 000 rebate can save a business 60 70 on a system.

When the solar rebate programs for residential and non residential customers reached their 2018 capacity after only 17 days duke energy and the public staff filed a motion to modify the commission s original order from may 2018 to allow customers who reserved their rebate within the first part of 2018 to receive the rebate in 2019.