| Program | Duke Energy - PowerPair |
|---|---|
| Category | Financial Incentive |
| Implementing sector | Utility |
| Last Update | |
| State | North Carolina |
| Administrator | Duke Energy |
| Website | https://www.duke-energy.com/home/products/powerpair |
| Budget | 30 MW of Solar each for Duke Energy Carolinas and Duke Energy Progress |
| Technologies | Solar Photovoltaics |
| Sectors | Residential |
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 for 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 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 Battery Control Program. The EnergyWise 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.
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