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Duke Energy (Gas and Electric) - Residential and Builder Energy Efficiency Rebate Program

Savings Category 
Heat Pumps
Program Info
Program Type 
Utility Rebate Program
Rebate Amount 

Existing Home Air-source Heat Pump: $200 (home owner); $100 (dealer)
Existing Home Geothermal Heat Pump: $200 (homeowner); $100 (dealer)
Existing Home Air Conditioner: $200 (home owner); $100 (dealer)
Existing Home Gas Furnace: $200 (home owner); $100 (builder)
Heat Pump/AC in New Home: $300/heat pump installed (builder)
New Home Gas Furnace: $300 (builder)
A/C Cycling Power Manager Program: $35 + bill credits
Energy Audit and Energy Efficiency Starter Kit: Free

Duke Energy

Duke Energy provides a financial incentive for its residential customers to purchase energy efficient HVAC products through the Smart $aver program. A $200 rebate is available for geothermal heat pumps with an EER of 10.5 or higher and heat pumps and air conditioners with a SEER value greater than or equal to 14. To receive the rebate, the customer's HVAC contractor must complete a Smart $aver Incentive Application form for each unit installed. Duke Energy also provides a participating dealer incentive of $100 for the heating contractor, sales representative, or the dealership who sells/installs the heat pump or air conditioning unit. The dealer must be on the Participating Heating Dealer and Builder list.

Other Information 

Heat Pumps and Air Conditioners: must be a 14 SEER or greater and include an ECM fan motor
Geothermal Heat Pumps: must be a 10.5 EER or greater and include an ECM fan motor
Gas Furnaces: must be a 90% AFUE or greater