Smart $aver® Incentive Program K-12 Schools

Duke Energy’s Smart $aver Incentive program provides incentive dollars specifically targeted to improve energy efficiency in schools K-12. Any school may qualify for replacement or retrofit of standard high efficiency equipment installations.

Key Points of the School Incentive Program

• A comprehensive evaluation may be performed on all energy efficiency systems in a facility. Or, an assessment may focus on selected components such as lighting or HVAC.
• Both prescriptive (standard) and custom incentives are available. Custom incentives are identified energy saving measures not part of the standard technologies. All custom incentives must have pre-approval before equipment is purchased and installed.
• The maximum annual incentive amount is $100,000 per school per fiscal year (July 1 - June 30). Incentives are paid on a "first come, first served" basis.
• You can seek pre-approval and reserve incentives by submitting an application form along with your project proposal.
• The customer payback period must be one year or more.
• An assessment incentive will be provided to cover 25 percent of the cost of the assessment up to $500 per school. If incentives are implemented, an additional 25 percent assessment cost up to $500 will be covered.

Prescriptive Incentives

View a comprehensive list of all standard Smart $aver incentives.

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If your facility is part of a K-12 school system and considering energy efficient equipment that isn’t included in the Prescriptive Incentive program, it may qualify under the Smart $aver Custom Incentive program.