We can help! Its Commercial Renewables business unit operates a growing renewable energy portfolio across the United States. Contact: Randy Wheeless Learn how much you could saveby switching to solar. Duke notified state regulators Monday that the residential and business rebates were gone. The company says it got about 3,000 applications for about 1,600 rebates, worth more than $11 million. NC Begins Smartphone Coronavirus Contact Tracing, But Will Enough People Use The App? 90.3 Hickory 106.1 Laurinburg. Businesses can get up to $50,000 and local governments, churches and other nonprofits up to $75,000. The program needs to be approved by the N.C. Utilities Commission. It's the third year in a five-year, $62 million rebate program required by a 2017 state law. Installed systems 10 kW or greater would be eligible for a maximum rebate of $6,000. CHARLOTTE, N.C. -- 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.
"The Competitive Energy Solutions law for North Carolina will reduce the cost our customers pay for solar, while also supporting their interest in solar energy in ways that are most meaningful for them," said David Fountain, Duke Energy's North Carolina president. All Duke Energy customers who install solar panels are eligible for a healthy rebate! All rights reserved. The Duke Energy News Center serves as a multimedia resource for journalists and features news releases, helpful links, photos and videos.
Instead of owning the system, customers can lease solar panels from another company. If you still need reasons to invest in solar energy for your home or business, look no further than your bank account. Duke Energy is one of the top energy providers in North Carolina serving over 2 million households. "In a perfect world, we'd like everyone to get a rebate, but there's a finite amount.". Digital marketing by TriMark Digital.
Installed systems 100 kW or greater would be eligible for a maximum rebate of $50,000 for non-residential customers, or $75,000 for nonprofit customers.
"The proposed solar rebates program is the result of two years of collaboration between the N.C.
Currently, in North Carolina, Duke Energy has about 6,000 customers who have private solar systems – with a total capacity of just over 50 megawatts.
"Of course, customers have to determine if solar energy fits their needs.". You may still qualify for the 26% federal tax credit for installing a residential or commercial solar energy system. Starting January 2020, if you are a Duke Energy or Duke Energy Progress Customer, you have the ability to receive a rebate for adding solar panels to your home, business or non profit. Duke Energy says 2020 rebates for new residential and commercial solar installations in North Carolina were taken up quickly after applications opened on Jan. 2. Its Electric Utilities and Infrastructure business unit serves approximately 7.5 million customers located in six states in the Southeast and Midwest. Federal tax credits for new solar installations are also available — for now. Since every year the rebate has filled up faster and faster, we’re taking appointments to make sure local folks can cash in on 2021’s rebate.