Tax Credits and Rebates


Smart $aver® Eligibility and FAQs Smart $aver Eligibility

Who Is Eligible for Rebates?

Incentives are paid for qualifying heat pumps or air conditioners installed on or after June 1, 2009 for Duke Energy Carolinas electric residential retail customers residing in a single-family home, condominium, duplex or mobile home. Incentives are paid after the qualified system is installed and operating. The following table outlines the Smart $aver incentive amounts:

System TypeRequirementRebateLearn More
Heat Pump14 SEER or greater, an ECM fan on the indoor furnace and HSPF of 8.2 or greater. $200Click for Info
Air Conditioner14 SEER or greater and include an ECM fan on the indoor furnace.$200Click for Info

If you have additional questions about the Smart $aver program, please call 1-866-785-6209

Smart $aver® Incentive Application PDF (129 KB)


Piedmont Natural Gas Appliance Rebates

Did you know?
  • Water heating accounts for approximately 15 percent of a home’s energy use
  • A new high-efficiency furnace and cooling system can save you up to $1,200 per year in operating costs

Now is the time to cut the cost of heating water and your home by replacing your old inefficient water heater or furnace with a new high-efficiency one. Residential customers in North Carolina who replace existing natural gas equipment with qualifying high-efficiency natural gas equipment are eligible for up to a $300 rebate and may qualify for federal tax credits as well. This includes the following qualifying high-efficiency gas water heaters and furnaces.

Rebates currently available:

System TypeRequirementRebateLearn More
Gas FurnaceAFEU = 90% or higher$175Click for info

Piedmont Natural Gas Rebate Application PDF (104 KB)


2011 Federal Tax Credits for Consumer Energy Efficiency

Please note, not all ENERGY STAR qualified products qualify for a tax credit. ENERGY STAR distinguishes energy efficient products which, although they may cost more to purchase than standard models, will pay you back in lower energy bills within a reasonable amount of time, without a tax credit.

2011 Consumer Tax Credits:

System TypeRequirementRebateLearn More
Heat PumpSplit System:
15 SEER or greater and HSPF of 8.5 or greater
Package System:
14 SEER or greater and HSPF of 8 or greater
$300Click for info
Air ConditionerSplit System:
16 SEER or greater and EER of 13 or greater
Package System:
14 SEER or greater and EER of 12 or greater
$300Click for info
Gas/Oil FurnaceAFEU = 95% or higher$150Click for info
Solar PanelsPanels must provide electricity to the residence30% of costClick for info