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The U.S. Department of Energy and the North Carolina Clean Energy Technology Center are excited to announce that a new, modernized DSIRE is under construction. The new version of DSIRE will offer significant improvements over the current version, including expanded data accessibility and an array of new tools for site users. The new DSIRE site will be available in December 2014. Staff are currently working hard on the new version of DSIRE but are also maintaining the content of the current version of DSIRE. Thank you for your continued support and patience during this transition. We hope you are as excited for December as we are!

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North Carolina

Incentives/Policies for Renewables & Efficiency

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Duke Energy Progress - SunSense Residential PV Incentive Program   

Last DSIRE Review: 08/25/2014
Program Overview:
State: North Carolina
Incentive Type: Utility Rebate Program
Eligible Renewable/Other Technologies: Photovoltaics
Applicable Sectors: Residential
Amount:$500 per kilowatt AC, plus a monthly bill credit of $4.50 per kW
Eligible System Size:2 kW AC minimum
10 kW AC maximum
Equipment Requirements:Systems must be interconnected and net metering.
Installation Requirements:Installers must have NABCEP Solar PV Installation Professional Certification
Ownership of Renewable Energy Credits:Duke Energy Progress gets RECs for first 5 years. Customer may renew contract for additional 1-year terms.
Program Budget:1 MW AC per year
Web Site: https://www.progress-energy.com/carolinas/home/save-energy-money/...
Summary:

Duke Energy Progress is offering incentives for their residential customers to install photovoltaics (PV) systems on their homes through their SunSense Program. The incentive is multifaceted. Customers will receive an upfront payment of $500 for every kilowatt-AC (kW-AC) they install on their home, and they will receive monthly credits on their bill of $4.50 per kW-AC. For instance, if a customer installs a 10 kW-AC system, the largest system eligible to participate in the program, the customer will receive a check for $5,000 plus a bill credit of $45 on their monthly bills.


To participate in the program, the customer must surrender all their Renewable Energy Credits (RECs*) to Duke Energy Progress for a period of five years and they will receive the $4.50 per kW bill credits throughout those five years. After those first five years, there may be an opportunity for the customer to renew their REC contract with Progress Energy under the terms of the agreement that exists at that time.

Systems must be connected to the grid and be net metered to participate. As a condition of the net metering agreement, the residence must be billed on a time of use demand tariff, where their electricity rate is a factor of the time of day and year.

*Duke Energy Progress is purchasing RECs to comply with North Carolina's renewable energy and energy efficiency portfolio standard. Since Duke Energy Progress is purchasing the RECs, customers cannot sell their RECs to NC GreenPower or any other REC purchaser for the duration of their contract with Duke Energy Progress.


 
Contact:
  Residential Solar PV Program
Progress Energy Carolinas
100 E. Davie Street TPP 14
Raleigh, NC 27601
Phone: (919) 508-5400
E-Mail: PECHomeSolar@pgnmail.com
Web Site: http://www.progress-energy.com/custservice/carres/efficiency/programs/solarpv/index.asp
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.