Progress Energy provides rebates for energy efficiency measures in new construction or retrofits, as well as Technical Assistance for feasibility/energy studies to commercial, industrial and government organizations. Incentives are based on prescriptive rebate amounts listed above or custom amounts based on annual kilowatt-hours (kWh) saved. Prescriptive rebate amounts are available on the program application forms on the Progress Energy web site listed above. A Custom Whole Building incentive for new construction modeled 10% beyond applicable building code can receive $0.09 per annual kWh saved up to $0.14 per annual kWh saved for designs exceeding 20% beyond code.
New buildings greater than 20,000 square feet and designed with a projected first-year electrical savings of at least 15% beyond the applicable building code can receive a design incentive of $.05 per kWh of projected first year savings, up to a maximum of $50,000, or a Building Energy Modeling Incentive up to $20,000, not to exceed the total cost of the modeling service., For retrofits to buildings that use over 500,000 kWh, customers can receive up to 50% of the cost of an energy or feasibility study or retro-commissioning up to $20,000 for a facility every three years.
Once a project is identified, a pre-approval incentive application should be submitted to Progress Energy. Pre-approval is required for some lighting projects and all custom projects, and technical assistance and is strongly encouraged for all projects to reserve funding. A final application and all required documentation should be received by Progress Energy within 90 days of project completion.
Implementing Sector: | Utility |
Category: | Financial Incentive |
State: | North Carolina |
Incentive Type: | Rebate Program |
Web Site: | https://www.progress-energy.com/carolinas/business/save-energy-money/energy-efficiency-for-business/index.page? |
Administrator: | Energy Efficiency for Business |
Start Date: | |
Eligible Renewable/Other Technologies: |
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Incentive Amount: |
Custom: $0.08 per kW hour saved annually Lighting: Varies by type Water-Cooled Chillers: $18/ton, $35/ton Air-Cooled Chillers: $35/ton Room AC: $25 - $45 VSDs on HVAC Fans or Pumps: $45/horsepower Guestroom Energy Management Controls: $30 - $80/room Refrigeration Equipment: Varies by type Air Conditioners/Heat Pumps: $25 - $55/ton |
Equipment Requirements: | Qualifications vary and are listed in detail on the applications. |
Name: | Progress Energy Carolinas |
Organization: | Customer Service |
Address: |
P.O. Box 1551 Raleigh NC 27602 |
Phone: | (866) 326-6059 |
Email: | carolinasBusiness@us.KEMA.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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