The Ultimate Guide To Duke Energy’s 2024 Solar And Battery Incentives

Modern Victorian style home with solar panels on roof. Photo taken from a drone above

In This Article

Discover how North Carolina residents can save up to $9,000 on new solar plus battery installations through Duke Energy's PowerPair Program—and receive additional monthly credits on their energy bills. This blog explains the details of the PowerPair program, including eligibility criteria and requirements, and discusses why it's important to consider acting now before these limited-capacity incentives are no longer available.

Understanding Duke Energy’s Solar and Battery Incentives in North Carolina

How Does the PowerPair Solar + Battery Incentive Work?

The PowerPair incentive allows Duke Energy customers in North Carolina to save up to $9,000 on a new solar plus battery system. Curious about how this incentive operates and how you can benefit? Learn more about the details of the PowerPair incentive →

How Does the Monthly Battery Control Incentive Work?

By opting into the Battery Control program, you can receive $6.50 per kW each month by allowing Duke Energy to manage your battery. This could add up to monthly bill credits ranging from $52 to $91. Interested in finding out how this works? Discover more about the Monthly Battery Control Incentive →

Limited Availability

Capacity: These incentives are available for approximately 6,000 to 8,000 homes based on the allotted kW capacities for Duke Energy Progress and Carolinas.

High Demand: Based on previous incentive programs in North Carolina, we anticipate the program will reach capacity within its first year.

Find out more about when Duke Energy’s Solar + Battery incentives will reach capacity →

Why Consider Adding a Battery with Solar in North Carolina?

With new policies and incentives aiming to create a more secure and resilient grid, battery storage has become more important than ever in North Carolina. Here’s why:

  • Maximize Savings: Duke Energy’s PowerPair program and revised solar net metering options are incentivizing customers to include battery storage, leading to the biggest savings we’ve seen in our state so far.
  • Energy Security: Batteries provide backup power during outages and allow you to store excess solar energy generated during the day for use at night.
  • Future-Proofing: As Duke Energy’s rates increase and energy needs evolve, having a battery storage system ensures you’re ahead of the curve and protected.

What is the current cost of a Tesla Powerwall?

A single Tesla Powerwall 3 costs between $15,000 and $16,000 before you apply the 30% Federal Solar Tax Credit, which significantly reduces the installed price. If you’re considering additional batteries, each one will add approximately $11,600 to $11,900 to your total cost.

Wondering how many batteries you might need? That depends on your home’s energy usage, your energy goals, and your lifestyle. We’re here to help you figure that out! Click here for everything you need to know about the Powerwall 3 →

Are You Eligible for PowerPair?

Who Qualifies?

  • Duke Energy Customers in North Carolina: Whether your home is gas or electric, you’re eligible.
  • Installing a New Solar Plus Battery System: The $9,000 incentive is for new installations only, not additions to existing systems. However, you may be eligible for the monthly battery incentive. Find out what you’re eligible for → 

Requirements

Curious about how much you can save with Duke Energy’s PowerPair incentive? There are specific requirements to maximize your benefits for both battery storage and solar power installations. Click here to see the full incentive breakdown and find out how to maximize your savings →

Can I receive Duke Energy’s incentives with just a battery?

The $9,000 PowerPair Incentive is exclusively for new solar plus battery systems. If you already have solar and are looking to add a battery, you won’t be eligible for this specific incentive. But here’s the good news: you might qualify for the monthly battery incentive—either Power Manager (Duke Energy Carolinas) or Energy Wise (Duke Energy Progress).

Whether you already have solar with a battery, are starting fresh, or are looking to add another battery, you could be eligible for monthly bill credits ranging from $52 to $91 from Duke Energy. Learn all about Power Manager and Energy Wise →

Choosing the Right Installer

Do I Need to Work with a Specific Installer to get the incentive?

While you can work with any Duke Energy Trade Ally installer, we recommend doing your homework to find a local installer who aligns with your goals and values.

Why Choose a Local North Carolina Installer?

  • Support Local Jobs: By going local, you’re supporting the jobs and livelihoods of community members—like the smiling faces on our team! 🧡
  • Expertise and Reliability: With over 23 years of experience and as North Carolina’s first solar installer and the first solar B Corp, we’ve seen the industry evolve and are here to stay. 💪
  • Community Investment: Your investment stays within the community, helping foster local growth and sustainability. **Shoutout to North Carolina for ranking 4th in installed solar!

Should you need more reasons, here are 71+ reasons to choose a local installer →

Bonus Points if They’re a B Corp!

Choosing a B Corporation means you’re working with a company committed to meeting high standards of social and environmental performance, transparency, and accountability. Find out what it really means when a company says they’re a B Corp → 

Beware of High-Pressure Sales Tactics

While there’s a sense of urgency due to the limited availability of incentives, we believe in empowering you to make the best decision without pressure.

  • Transparency: We provide all the information you need to make an informed decision.
  • No Gimmicks: Our goal is to help you along your sustainability journey, not to rush you into a decision.
  • Your Best Interests: We’re here to find the best solution for you and your family. A note from our Co-Founder, Bob Kingery →

Navigating the Complexity—We’re Here to Help!

We know that understanding Duke Energy’s Solar & Battery Incentives can feel overwhelming — so give yourself a pat on the back for asking questions and diving in to learn more. 

Now is where we come in! We’re here to simplify the process and eliminate any further headaches.

  • Expert Guidance: Our team stays up-to-date with the latest programs and policies to provide accurate information.
  • Simplified Process: We’ll handle the details, so you don’t have to worry about the paperwork or fine print.
  • Customized Solutions: We’ll assess your energy needs and design a system that’s perfect for your home. 

Ready to Start Your Solar Journey?

Don’t miss out on this incredible opportunity to save on solar and battery installation. Reach out to our team today to:

  • Schedule a Free Consultation: We’ll answer your questions and provide a free no-obligation quote.
  • Explore Financing Options: Learn about financing plans and how the 30% Federal Solar Tax Credit can further reduce your costs.
  • Take Control of Your Energy Future: Join the renewable energy movement and enjoy the benefits for years to come.

Frequently Asked Questions

1. How do I apply for the PowerPair rebate?

We’ll guide you through the entire application process. Once you decide to move forward, we’ll handle the paperwork with Duke Energy to ensure you receive your incentive.

2. What if I already have solar panels? Can I still get the incentive for adding a battery?

The PowerPair incentive is specifically for new solar plus battery installations. However, you may qualify for other incentives like Duke Energy’s monthly battery programs—Power Manager or Energy Wise.

3. How long does the installation process take?

The timeline can vary, but typically, from the initial consultation to the completed installation, it takes about 6 to 12 weeks.

4. Are there financing options available?

Yes! We offer various financing plans to make your solar investment affordable. We’ll help you find the best option for your budget.

5. What maintenance is required for a solar and battery system?

Solar panels require minimal maintenance, and our systems are designed to last for decades. We’ll provide you with all the information you need to keep your system running smoothly.

Meet the Author

Lindsay Brecheisen

Always enjoying the journey 🙂 Lindsay is the conductor of content at Southern Energy Management. When she isn’t synthesizing information into a newsletter or blog — Lindsay enjoys long walks on the beach with her cat, listening to soul on vinyl, and surfing the earth or sea (depending on the season).

Ready to Get Started?

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