Duke Energy PowerPair Update
Save now and in the future with an incentive on rooftop solar plus battery backup.
Save now and in the future with an incentive on rooftop solar plus battery backup.
January 26th, 2024 marks the first ever International Day of Clean Energy. Renu Energy Solutions recognizes the significance of today as a positive step forward towards a better planet.
International Day of Clean Energy is a platform to drive the adoption of policies and practices to promote awareness on the sustainable use of energy resources and to strengthen collaboration and cooperation to promote the global energy transition.
Click the source below to read more.
For a limited time, choose Renu Energy Solutions as your solar energy partner, and we’ll pay your power bill!! This promotion is for residential purchasers who have signed a fully executed solar power generation system installation agreement between January 22nd, 2024 and February 2nd, 2024. This means NO POWER BILL until May 31, 2024, courtesy of Renu Energy Solutions.
Once we have a signed agreement, installing your new solar system takes some time. And since your goal is to save money on your power bill, why not start saving rig ht now? For a limited time, choose Renu Energy Solutions as your solar energy partner, and we’ll pay your power bill until your system is in place and up and running! This is the Renu Way to Zero, a 2024 initiative where we’re striving to get every customer to ZERO!
To qualify and stay qualified for the promotion, the purchaser must fulfill purchaser’s contractual obligations and submit each qualified power bill for reimbursement within 7 (seven) days of the bill date on the qualified power bill. This promotion cannot be combined with any other offer, promotion or rebate guarantee from either Renu Energy Solutions, the finance company or a solar equipment manufacturer. If applicable, purchaser may still be eligible for rebates paid directly from a utility. Certain restrictions apply*, ask your Energy Consultant for details.
There are several ways to reach out to us. You can call us at (704) 525-6767, email solar@renuenergysolutions.com or fill out our CONTACT FORM shown below. From there, we’ll get you set up to start saving TODAY!!
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The 2024 Duke Energy PowerPair Incentive was established in response to a requirement from the North Carolina Utilities Commission (NCUC). This program was designed to test how distributed solar and battery storage helps stabilize North Carolina’s power grid while reducing the need for peak power plant capacity. The program was approved January 11, 2024, but all of North Carolina is still waiting to receive several details, including the enrollment window and more. The PowerPair Incentive offers North Carolina customers a powerful incentive to adopt solar + battery storage with cash incentives up to $9000. Renu Energy Solutions is excited to provide the following details:
This unprecedented program is available to residential customers who install new solar panels and a battery storage system. The customer must own the premises and could own or lease the installed equipment.
January: The Duke Energy NC PowerPair Incentive Program is approved by the NCUC.
February: Duke Energy deadline to file tariffs outlining the application process.
March: Deadline for NCUC to provide comments.
May: PowerPair application process expects to go live!
Participants would receive monetary incentives from Duke to offset the cost of installed equipment*:
*System’s export to the grid could not exceed 20 kW at any time.
Participants would be required to select net energy metering (NEM) as their electric tariff and be divided into two cohorts:
They are also required to participate in a new demand response program called Battery Control*.
*Under Battery Control, the customers’ battery could be controlled by Duke up to 18 times per winter season (Dec-Mar). Additionally up to 9 times per summer (May-Sep) and up to 9 times in the remaining months. A minimum of 30/year, maximum 36/year (referred to as Control Events**).
**A Control Event is defined as the initiation of a signal to control the battery and, within 48 hours later, a discharging of the battery by Duke. Duke will not discharge the battery below a 20% state of charge, but would reserve the right to call interruptions outside of the above parameters in the event that the utility’s continuity of service was in jeopardy.
This is a fantastic opportunity for North Carolina homeowners who have Duke Energy (DEP and DEC) to save up to $9000 on their solar + battery storage system. Furthermore, there is the potential to receive additional monthly discounts. But please note: at the time of this press release, THE PROGRAM HAS NOT BEEN RELEASED!! Renu Energy Solutions prides itself in educating and advising our clients when we are certain the information is accurate and truthful. If you have been told by other solar companies that they can hold your spot, or that you qualify for the rebates right now, it’s simply NOT TRUE. We encourage you to CLICK HERE and visit the Duke Energy Rebate portal. If it’s not listed, it’s not live!
To learn more about this program and other exciting solar and battery storage options, including how Renu Energy Solutions can pay your energy bill, please fill out the form on this page or CONTACT US for your free consultation!
Renu Energy Solutions, also Charlotte-based, completed the solar system installation for Capizzi MD in March. It is located on the rooftop of the building and won’t be visible from any public spaces. It’s estimated the solar energy system will produce over 40,400 kiloWatt-hours of energy in the first year, reducing greenhouse gas pollution by the same amount as growing 780 tree seedlings for 10 years, by E.P.A. calculations. In its first 30 years of operation, the system will save over $250,000 in electricity costs.
“Solar has been on my radar for some time. It was my discussions with my son Seth, who is interested in sustainable resources and renewable energy, as well as a friend in Santa Barbara who went solar, that flipped the switch for me,” said Dr. Peter Capizzi.
The medical practice, which performs procedures for face, body, and breasts as well as popular non-surgical treatments, made use of incentives that encourage investment in solar. These include applying for a rebate for customers of Duke Energy Carolinas, a federal tax credit and a utility program called net energy metering, whereby utility customers with solar receive credit for any extra power they produce and send it to the grid.
Dr. Capizzi is proud to be part of the clean energy movement in the Carolinas, adding: “Growing up in New Hampshire taught me the benefits of having alternatives to fossil fuels for power and heating. These included hydroelectricity, nuclear, woodstoves in the house, and even in the early 1980s, we had a friend utilizing wind as well.”
Capizzi MD views its environmental commitment as an extension of a responsible, community-oriented approach. The practice also gives back through its charitable arm, the Capizzi MD Foundation, whose beneficiaries include Safe Alliance, supporting victims of domestic abuse.
Capizzi MD is located in Dilworth at 900 East Blvd, Charlotte, NC 28203. To learn more about Dr. Capizzi and the Capizzi MD practice, visit www.capizzimd.com, and join the discussion on Facebook and Twitter.