Duke Energy Enhances Incentives for Energy Efficiency Programs in South Carolina

Duke Energy's Boost in Energy Efficiency Incentives

In a bid to encourage energy conservation and improve efficiency, Duke Energy has announced a major update to its incentive programs for customers in South Carolina. Effective from August 1, 2025, the company has increased the financial incentives available for both residential and business energy efficiency initiatives. This move, approved by the Public Service Commission of South Carolina (PSCSC), is designed to provide customers with more significant savings and better control over their energy use.

Increased Incentives for Residential Customers

Duke Energy has rolled out a series of enhancements for residential customers which allow for more extensive energy management capabilities. Some incentives have doubled or even tripled, making it an ideal time for customers to consider improvements in their energy efficiency. Tim Pearson, President of Duke Energy South Carolina, emphasized the importance of this initiative. He stated, "Our program incentives have significantly increased, enabling customers to benefit even more from our energy-efficient upgrades and programs."

Free Home Energy Assessments

Starting now, customers can receive a free home energy assessment that includes the installation of customized energy efficiency products. This encompasses smart power strips, efficient showerheads, and proper caulking, ensuring homes are not just energy efficient but also comfortable.

Expanded Home Improvement Rebates

Rebates for various home upgrades have also been expanded. Homeowners can now receive financial support for significant improvements like insulation upgrades, energy-efficient water heaters, and smart thermostat installations through the Smart $aver® initiative. These upgrades not only reduce energy consumption but can also lead to substantial savings on monthly bills.

Increased Bill Credits

In a noteworthy enhancement, increased bill credits are now available for customers who shift their energy use to off-peak periods. This includes new incentives specifically for owners of electric water heaters, who can benefit from programs like Power Manager® and EnergyWise Home®.

Benefits for Business Customers

Duke Energy hasn't just focused on residential customers; significant incentives have also been introduced for commercial enterprises. Business customers can now take part in the PowerShare® program, where capacity credits for reducing energy use have increased from $3.50 to $5 per kW. Similar expansions can be seen in the EnergyWise Business program, designed to mirror benefits provided to residential customers but tailored for businesses.

Additionally, many energy efficiency program incentives have seen an average increase of 20% to 25%. These lucrative options present solid opportunities for businesses to not just cut costs, but also embrace a more sustainable operational model.

Assistance Programs for Vulnerable Customers

Duke Energy is also expanding its programs aimed at assisting customers facing financial difficulties. Support is now available for those who may struggle to keep up with their energy bills through government and nonprofit assistance for utility payments and other expenses. Customers can explore various payment options and resources designed to help them manage their energy usage effectively.

The company is committed to supporting its customers, especially those affected by financial hardships. Programs include flexible payment arrangements and the Share the Light Fund®, which provides critical assistance to those in need.

Conclusion

Duke Energy's recent changes to energy efficiency incentives reflect a growing commitment to sustainability and customer empowerment. With these enhanced programs, both residential and commercial customers in South Carolina can now enjoy greater flexibility, financial savings, and contribute to a cleaner environment. Whether through increased rebates, bill credits, or supportive programs for vulnerable customers, Duke Energy is paving the way for a more energy-efficient future.

For more information on available programs and incentives, customers are encouraged to visit the Duke Energy website or contact their customer service line.