Over 1,500 Customers Apply for Duke Energy’s North Carolina Solar Incentives

For an installation of 10 kW or less, the customers will receive a rebate of 60 percent per watt of solar energy production.

More than 1,500 customers from North Carolina have applied to redeem incentives of Duke Energy’s Solar Rebate Program.

The customers will receive incentives for installing private solar energy systems in first few weeks of the launch of the program.

For an installation of 10 kW or less, the customers will receive a rebate of 60 percent per watt of solar energy production.

Commenting on the development, Duke Energy’s North Carolina President, David Fountain said, “Customers are overwhelmingly embracing our rebate program and are supporting Duke Energy’s efforts to promote renewable energy in North Carolina. Under the Competitive Energy Solutions for North Carolina legislation, Duke Energy will bring a steady influx of new solar capacity to the state over the next five years.”

The incentive offer was started on 9th of July and is a part of a five-year program worth USD 62 million.

Since, the program was based on first-come first-serve, the company claims to have a waiting list of the residential and non-residential customers who installed the solar energy systems in the time period ranging January 1, 2018 to July 1, 2018.

Subsequently, Duke Energy is seeking permissions to extend the incentive to these customers in the waiting lists. The customers are expected to be allowed to register for the rebate program in the year 2019.

Source: PRNews