For those of you building new homes in Duke Energy's Carolinas territory that includes metro Charlotte, the Triad, Orange County and many other areas (see map below), we have a very important update for you.
Thanks to continued efforts by our association, its member builders and contractors, and partner organizations, the North Carolina Utilities Commission is holding a hearing on January 27th to discuss expanding Duke Energy's Residential New Construction Program to your territory. This hearing is more than two years in the making and a significant positive development that may help your company receive significant rebates for building energy efficient homes starting in mid 2020.
The program already offers builders like you in the Progress territory up to $9,000 in cash rebates for equipment and whole-house incentives that result in more energy efficient new homes. The program has been in place for almost ten years in the Progress Territory and has paid out millions of dollars to residential builders.
Now, we're working hard to expand it to the Carolinas territory to the benefit of your company and its customers!