Duke Energy's PowerPair program provides financial incentives to customers who install solar photovoltaic (PV) plus storage systems at their homes. All participants will receive an upfront incentive based on the size of their PV and battery systems, up to a maximum of $9,000.
Participants must enroll in either Duke Energy's Solar Choice Tariff or Bridge Rate. Both options are functionally similar to net metering; however, the Solar Choice Tariff requires customers to be on a Time-of-Use rate, while the Bridge Rate allows customers to be on non-time-varying rates. Customers who participate via the Bridge Rate, however, must also grant control of the battery system to Duke and participate in its EnergyWise/Power Manager Battery Control Program. The Battery Control Program also provides monthly bill credits based on their system's make and model.
Incentives will initially be awarded through a random selection process (RSP). The RSP window will be four weeks in length, from May 10, 2024 to June 7, 2024. Applications can be submitted at any time within the RSP window. Incentive reservation or waitlist placement will be communicated by June 20. On June 21 enrollment will resume on a first-come, first-served basis.
See program website for complete details.
| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | North Carolina |
| Incentive Type: | Rebate Program |
| Web Site: | https://www.duke-energy.com/home/products/powerpair |
| Administrator: | Duke Energy |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Incentive Amount: |
PV: $0.36/watt-AC Battery Storage: $400/kWh System may also qualify for monthly bill credits, see below |
| Maximum Incentive: |
PV: $3,600 Battery Storage: $5,400 |
| Eligible System Size: |
PV: 10 kW-AC Battery Storage: 13.5 kWh |
| Equipment Requirements: | Battery Storage make and model must be on the list maintained by Duke Energy on its website |
| Installation Requirements: | Must be installed by an approved Trade Ally |
| Technologies: | Solar Photovoltaics |
| Sectors: | Residential |
| Parameters: | The incentive is 0.36 $/W-AC, The incentive has a minimum of $3600.00 |
| Technologies: | Lithium-ion |
| Sectors: | Residential |
| Parameters: | The incentive is 400.00 $/kWh, The incentive has a minimum of $5400.00 |
| Name: | PowerPair Program Adminstrator |
| Organization: | Duke Energy |
| Address: |
NC |
| Email: | PowerPair@duke-energy.com |
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.
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