utility solar rebate for business

Duke Energy Progress and Duke Energy Carolinas


Does your North Carolina business have Duke Energy Carolinas or Duke Energy Progress electric service?

If so, you’ll likely be able to qualify for the upcoming utility solar energy rebate. To be eligible, a resident or business must install solar on or after January 1st, 2018. The rebate program will have limited availability; a total participation cap will be in effect in 2018 and every year that the program continues. All together, North Carolina commercial solar has never had a higher ROI with:

  • 30% Federal Tax Credit for your solar investment
  • Accelerated depreciation (MACRS) and other strategies
  • Solar rebate from Duke Energy Carolinas and Duke Energy Progress (opening mid-April 2018)
  • Savings on your fixed monthly costs to operate your business
  • Hedging against rising utility costs and combating charges associated with your peak demand

With this rebate it is going to be easier than ever to go solar and:

  • Position your company as a sustainability leader
  • Reflect a forward-thinking and stable business plan
  • Achieve positive cash flow in the first year and every year on your solar investment
  • Use solar panels with a 25-year warranty and 40-year useful life with proven technology

Don’t hesitate: This utility solar rebate will have limits on total participation and it’s expected to reach its first annual cap early in 2018. Contact Renu Energy Solutions now, and we’ll begin to put together a detailed solar energy proposal to meet your needs and help you secure this hefty rebate!


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