Duke Energy customers who own their residence may be eligible for a one-time PowerPair℠ incentive of up to $9,000 when installing a new solar system with eligible battery storage.
The PowerPair℠ incentive is only available to customers installing a qualifying system through a participating Duke Energy Trade Ally, such as Yes Solar Solutions.
The PowerPair℠ incentives cover up to $9,000 or about 13% of the installed equipment cost and the IRA tax credit would cover an additional 30%.
Participants are required to participate in the program for at least ten years. Duke Energy’s PowerPair℠ incentive has the following clawback provisions.
The installer must be Duke Energy Progress-approved prior to applying for a PowerPair℠ incentive for the installed equipment.
EnergyWise Home/ Power Manager Battery Control offers an additional monetary incentive of $6.50/kW per month to let Duke Energy adjust your battery control operating settings and utilize electricity stored on your battery between 30-36 times per year.
A signal will be sent to enrolled batteries at a specific time by Duke Energy to temporarily adjust the system’s operating settings (charge, discharge, hold state of charge, return to normal operations, change of mode, and store energy) and provide stored electricity back to the grid.
(Duke Energy would not discharge the battery below a 20% state of charge.)
Customers can use their batteries normally outside of the ‘control event’ windows and are allowed 4 ‘Opt-out’ dates to deny Duke Energy access to the battery. Customers may opt out more than 4 times, but run the risk of being removed from the program if so.
Yes Solar Solutions’ mission is to make solar simple through the power of independence. We serve homes and businesses within 100 miles of Cary, N.C. This includes Raleigh, Durham, Chapel Hill, Apex, Carrboro, Morrisville, Holly Springs, Wake Forest and many more.
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