Duke Energy is seeing strong demand for its solar rebate deal in North Carolina (16 MW so far)

Duke Energy solar rebate

Home with solar panels on the roof. The house is located in Chatham County, N.C.

Duke Energy’s North Carolina solar rebate program has attracted significant interest from customers, with more than 1,500 applying for the incentive to install private solar systems in the first few weeks of the program’s launch.

The rebate offering, which opened July 9 to all Duke Energy customers in the state, is part of a five-year, $62 million program designed to support customers who want to install solar systems at their homes or businesses.
As a result of the popularity of the program, there is a waiting list for the residential and nonresidential categories for 2018 capacity.

Due to the first-come, first-served application rule of the program, the company is seeking permission from the N.C. Utilities Commission (NCUC) to allow residential and nonresidential customers who installed systems between Jan. 1, 2018, and July 26, 2018, another opportunity to apply for the rebate program in 2019. There is still capacity left for nonprofit customers this year.

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About 16 megawatts of new solar capacity has been accepted for rebates – totaling about $9 million. Overall, up to 20 MW of new capacity is expected to be added each year during the five-year program. At the start of 2018, Duke Energy had about 5,000 customers with private solar in North Carolina, with a total capacity of about 50 MW.
Information for the rebate program can be found at: duke-energy.com/home/products/renewable-energy/nc-solar-rebates.

Solar rebate program

Under the program, residential customers are eligible for a rebate of 60 cents per watt for solar energy systems 10 kilowatts (kW) or less. For example, a typical rooftop array of 8 kW is eligible for a $4,800 rebate. Installed systems 10 kW or greater are eligible for a maximum rebate of $6,000.

Nonresidential customers are eligible for 50 cents per watt. Nonprofit customers (such as churches and schools) are eligible for an enhanced rebate of 75 cents per watt for systems 100 kW or less.

The rebates are divided into maximum annual allotments of 20 MW and are on a first-come, first-served basis – depending on when the customer application is submitted.

— Solar Builder magazine

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