Utility Solar Rebate for Business

Utility Solar Rebate for Business


Utility solar rebate for businesses in available for those that have Duke Energy Carolinas or Duke Energy Progress!

If so, you’ll likely qualify for a solar energy rebate. To be eligible, a resident or business must install solar on or after January 1st, 2018. The rebate program has limited availability, with total participation limits and rebates reserved on a first-come-first served basis. Depending on the timing of your project in the calendar year, you could have a chance at thousands of dollars back on your solar.

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 (2018-2022)
  • 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 is will kick off its third year in 2020. Total participation is limited, and it’s expected to run out of capacity early in the year. We hope to get you in for the 2020 rebate! 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 project savings!


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