Smart $aver

icon dollar

Welcome to Smart $aver

Make an intelligent investment in high-efficiency upgrades and save in more ways than one. Smart $aver® exists to help businesses like yours lower energy use and reduce operating expenses for years to come. Plus, earn rebates and incentives to help subsidize the cost of improvements.


Frequently Asked Questions


  • If you’re in Ohio, Indiana, Kentucky, North Carolina or South Carolina, you’re in luck! Nonresidential electric customers from those states are eligible for rebates. Companies that have elected to opt out of the EE Rider in Indiana, Ohio, North Carolina and South Carolina are not eligible.

    The following rate codes are not eligible:
    Kentucky rate code “TT”
    North Carolina and South Carolina rate codes “FL”, “PL”, “OL”, “GL”, “NL”

    **Note that Ohio nonresidential customers on rate TS electing to receive Smart $aver® or Mercantile Self Direct rebates will see an increase in their energy efficiency rider ($.000049 to $.001781 per kWh) from the point of receiving the rebate, forward.
  • The first step is to install high-efficiency equipment in your place of business. Most customers choose to have a trade ally perform the installation, although installing the equipment on your own won’t preclude you from receiving a rebate. 

    If you’d like to locate a trade ally in your area, use our simple search tool: 

    Find a Trade Ally

    After the equipment has been installed, you must submit a prescriptive application and provide all supporting documentation. The application must be submitted within 90 days of project completion to receive your rebate. 

    Upon approval of your application, we may perform an installation verification. 

    Please note that we issue rebates only on equipment that has not received a prior rebate.
  • The process is simple and separated into three individual phases. Yet timing is critical. Know that you should please allow at least one month for your Custom Incentive application to be reviewed. Trade allies completing an application to be incorporated into a customer proposal should plan well in advance to allow sufficient time.

    Phase I: Application Process
    Once the application is complete, a technical review of the project takes place. After all data has been accepted, the preliminary incentive is calculated and communicated to you. The length of time for an application review varies depending on the number of applications under review and the complexity of your project. 

    Phase II: Installation and Payment
    Once a preliminary incentive is approved and accepted by the customer, you’re ready to proceed with installation. Upon completion, the customer notifies us by submitting a completion form provided with the offer letter as well as receipts, invoices or other proof of installation. We then issue the payment in approximately 10 business days.

    Phase III: Measurement & Verification
    We verify a portion of approved Custom Incentive applications. This involves an independent third party facility visit where the energy conservation measures were installed. Once there, measurements of the energy reductions are verified.
  • Search for trade allies by service and location with our easy-to-use search tool.

    Find a Trade Ally
    You are not required to use a trade ally from our list. Duke Energy in no way implies promotional support of any specific trade ally noted on the list. The purpose of the trade ally list is to provide a service to customers looking for a potential trade ally. Customers are responsible for verifying certifications/licensing, if any, of the trade ally they choose.
@ Sign up for email