Duke Power Rebates North Carolina – There are different types of rebates available for energy efficiency projects. These projects are usually pay-backable in under two years. There are also specific rebates for small businesses. Some of these projects are residential, while others are industrial. In addition, you may be able to get credits for installing ENERGY STAR(r)-certified equipment or custom conversion projects.
Residential
The PWP offers a number of residential programs and services to reduce energy bills, improve comfort and protect the environment. These programs often offer rebates on qualifying products and services. Learn how you can save money and energy, and if you are eligible for a rebate.
Residential customers may be eligible for Energy Power Rebates to offset the cost of new or more efficient lighting, heating, and appliances. These rebates are available to single-family homes, duplexes, townhomes, and mobile homes. To qualify for rebates, you must install an eligible energy-efficient product or service and submit an application from an approved contractor. The amount of rebate you receive will depend on where you live.
For refrigerators, freezers, and room air conditioners certified by Energy Star, rebates are available. You can also receive incentives for hauling away and recycling inefficient appliances like room air conditioners and dehumidifiers.
Business
If you are looking for ways to lower the cost of running a business, consider applying for business energy power rebates. Businesses can get rebates to help them install more energy-efficient equipment and lower their energy consumption. These rebates are available for new or improved equipment. These rebates can also be applied for by businesses to purchase energy-efficient lighting or HVAC systems.
The Appalachian Power Company’s Energy Savings for Business Program provides cash rebates for companies that install energy-efficient equipment, including air compressors, HVAC systems, refrigeration, and kitchen equipment. Business owners may be able to save up 70% on the installation of energy-efficient equipment in some cases.
Industrial
Rebates for industrial energy efficiency are a great way for companies to get help with their programs. These rebates are government-funded, and can result in significant savings for companies with energy-intensive processes. Depending on the type of business, these incentives can range from a few thousand dollars up to several million dollars.
To qualify, companies must meet certain requirements. To be eligible, a company must have a full-time employee who is responsible for implementing energy-efficient measures. Although eligibility requirements may vary, many businesses are eligible. These incentives encourage energy efficiency and lower operational and maintenance expenses. To receive these rebates, businesses must meet certain criteria and participate in the Industrial Conservation Initiative.
ENERGY STAR(r)
The ENERGY STAR(r) program is a great way to save energy and money while making your home more comfortable. It’s also great for the environment. ENERGY STAR products not only reduce your utility bills but also increase quality, durability, comfort, and safety. You can also get rebates and special offers to help you save even more.
To receive rebates, you must complete a qualifying project. If you plan to install central air conditioning, for example, you may be eligible for a rebate on the installation cost. To finance the project, you can also apply to for a loan. With some rebate programs, you can get up to 50% of the total cost of the project.
Another way to get a rebate is by upgrading your home’s energy efficiency. Energy Star products are often more expensive than standard models, but they will more than pay for themselves through lower utility bills. Not all products are eligible for ENERGY STAR. You must also understand that you are limited to a single rebate per appliance in your residential electric utility account. You should also know that the requirements for rebates can change. Check with your local government to determine if your appliance is eligible for a rebate.