Duke Energy - Improve & Save

May 10, 2024

Summary

Duke Energy's Improve & Save Program functions like an on-bill financing program and provides an opportunity for homeowner and renters to receive energy efficiency improvements with potentially no money down. Interested customers can start by filling out an eligibility form on Duke's website. If eligible, the customer will then schedule a free energy audit with a program-approved third-party. The energy advisor performing the audit will recommend efficiency improvements, which may include new HVAC systems and duct sealing, attic insulation and air sealing, and heat pump water heaters. 

Duke will then pay for the equipment, upgrades, and installation. Where applicable, existing rebates will be applied to the cost of the equipment, and the remaining balance will be repaid over 10 years on the property's electric bill.   

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: North Carolina
Incentive Type: Loan Program
Web Site: https://www.duke-energy.com/home/products/improve-and-save
Administrator: Duke Energy
Start Date:
Eligible Renewable/Other Technologies:
  • Water Heaters
  • Heat pumps
  • Duct/Air sealing
  • Building Insulation

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.