NORTH CAROLINA INCENTIVES
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1 NORTH CAROLINA INCENTIVES Name: Asheville - Building Permit Fee Waiver Type: Green Building Incentive, Builder Technologies eligible: Energy Star Rating, Healthy Built Home Certification, LEED Certification, Solar Water Heat, Photovoltaics, Wind, Geothermal Heat Pumps Amount: Varies by technology/certification. =12_submenu_0_link_4 Name: Local Option - Green Building Incentives Type: Green Building Incentive, Builder Technologies eligible: To qualify for a fee reduction, buildings must meet guidelines established by the Leadership in Energy and Environmental Design* (LEED) program, the Green Globes program, or another recognized certification program. Amount: Varies. To encourage sustainable building practices, North Carolina law allows all counties and cities to provide reductions or partial rebates for building permit fees. Contact your local jurisdiction for more information. Name: Mecklenburg County - Green Permit Rebate Program Type: Green Building Incentive, Builder Technologies eligible: New homes can receive a permit rebate if they are certified under, LEED for homes, EarthCraft House, NC HealthyBuilt Homes, and the NAHB National Green Building Program. Amount: 10% to 25% of permit fee, depending on building performance. Name: Local Option - Revolving Loan Program for Renewable Energy and Energy Efficiency Type: Local Loan Program. House Bill 1389 authorizes cities and counties in North Carolina to establish revolving loan programs to finance renewable energy and energy efficiency projects that are permanently affixed to residential, commercial, or other real property. Technologies eligible: Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Photovoltaics, Landfill Gas, Wind, Biomass, Geothermal Electric, CHP/Cogeneration, Hydrogen, Anaerobic Digestion, Small Hydroelectric, Tidal Energy, Wave Energy Amount: Varies by jurisdiction. Interest rate can be no more than 8% Term can be no longer than 15 years. Contact you city and/or county for more information.
2 Name: Renewable Energy Tax Credit (Personal) Type: Tax Credit Technologies eligible: Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric, Renewable Transportation Fuels, Geothermal Heat Pumps, Spent pulping liquor, Direct-Use Geothermal, Solar Pool Heating, Daylighting, Anaerobic Digestion, Ethanol, Methanol, Biodiesel. Amount: 35%; Maximum Incentive: $1,400 - $10,500 (varies by technology); $2.5 million for commercial applications. rentpageid=1&ee=1&re=1 for more information and Links by dsire.com Name: NC GreenPower Production Incentive Type: Production Incentive Technologies eligible: Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric, Methane, Anaerobic Digestion Amount: Varies by technology and customer demand for NC GreenPower. Name: TVA - Green Power Switch Generation Partners Program Type: Production Incentive Technologies eligible: Photovoltaics, Landfill Gas, Wind, Biomass, Municipal Solid Waste, Small Hydroelectric Amount: $1000 plus $0.12/kWh above the retail rate for solar and $0.03/kWh above the retail rate for all other eligible renewables. Name: Property Tax Abatement for Solar Electric Systems Type: Property Tax Assessment (property tax break on applicable equipment) Technologies eligible: Solar Thermal Electric, Photovoltaics Amount: 80% of the appraised value. rentpageid=1&ee=1&re=1 for more information from dsireusa.org Name: Active Solar Heating and Cooling Systems Exemption Type: Property Tax Exemption
3 Technologies eligible: Solar Water Heat, Solar Space Heat, Solar Space Cooling Amount: Active solar heating and cooling systems may not be assessed at more than the value of a conventional system for property tax purposes. rentpageid=1&ee=1&re=1 for more information from dsireusa.org. Name: Brunswick EMC - Residential Energy Efficiency and Solar Water Heating Loan Program Technologies eligible: Water Heaters, Heat pumps, Caulking/Weather-stripping, Windows, Solar Water Heaters Amount: Basic loan Amount is for up to $3,000; up to $5,000 can be loaned for larger projects such as heat pumps; 5% interest rate. Name: Carteret-Craven Electric Cooperative - Energy Conservation Loan Program Technologies eligible: Water Heaters, Heat pumps, Caulking/Weather-stripping, Building Insulation, Windows, Attic Ventilation Fans Amount: Varies; 6% interest rate with terms up to sixty (60) months. tion%20loans.html Name: Four-County EMC - Residential Energy Efficiency Loan Program Technologies eligible: Water Heaters, Heat pumps, Air conditioners, Building Insulation Amount: Maximum Loan Amounts: Heat Pumps: $5,000, Water Heaters: $700. Loans are unsecured, based on credit standing and have no associated fees. Customers have 60 months to repay, with a minimum monthly payment of $25. Name: Haywood EMC - Residential Heat Pump and Weatherization Loan Program Technologies eligible: Heat pumps, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation Amount: 100% of the total cost for heat pump or weatherization measures; Maximum pay-back of 60 months, billed on electric bill. Current interest rate for this loan is 7.9% $150 loan processing fee
4 Name: Lumbee River EMC - Residential Weatherization Loan Program Technologies eligible: Equipment Insulation, Water Heaters, Heat pumps, Duct/Air sealing, Building Insulation, Windows, Doors, Attic Fans Amount: Loans are available up to $6, Name: Piedmont EMC - Residential Energy Efficiency Loan Program Technologies eligible: Heat pumps, Building Insulation, Windows, Doors Amount: Up to $5,000 for five years at a five percent interest rate. Name: Progress Energy Carolinas - Residential Energy Efficiency Loan Program Technologies eligible: Water Heaters, Furnaces, Heat pumps, Air conditioners, Programmable Thermostats, Building Insulation, Windows, Doors Amount: Loans up to $20,000 are available with up to 10 years to repay. Name: Tideland EMC - Weatherization Loan Program Technologies eligible: Equipment Insulation, Water Heaters, Programmable thermostats, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors, other unspecified technologies. Amount: 0% interest rate, up to $3,000 (residential) or $5,000 if a heat pump is installed Name: TVA Partner Utilities - Energy Right Heat Pump Loan Program Technologies eligible: Heat pumps Amount: Amounts vary depending on utility up to $10,000 for a single unit and $12,500 for multiple or advanced units 6%-8% interest depending on utility. Ten year financing for an efficient residential heat pump through third party lenders. Local utility loan programs may include other terms and qualifications for complete program information.
5 Name: Union Power Cooperative - Residential Energy Efficient Heat Pump Loan Program Technologies eligible: Heat pumps Amount: Loans up to $7,500 with up to 60 months to repay. Interest rate currently at 9% Name: Duke Energy - Energy Star Homes Rate Discount Program Type: Utility Rate Discount - electric Technologies eligible: Comprehensive Measures/Whole Building-- Home must be awarded the Energy Star label. Amount: 5% Name: Progress Energy Carolinas - Rate Discount for Energy Star Homes Type: Utility Rate Discount Technologies eligible: Comprehensive Measures/Whole Building-- Home must be awarded the Energy Star label. Amount: 5% off of total monthly electric bill Name: PSNC Energy - Residential Energy Efficiency Rate Discount Program Type: Utility Rate Discount Technologies eligible: Comprehensive Measures/Whole Building-- Home must be awarded the Energy Star label. Amount: $0.05 per therm Name: Randolph EMC - Energy Efficient Rate Discount Program Type: Utility Rate Discount Technologies eligible: Water Heaters, Heat pumps, Duct/Air sealing, Building Insulation, Windows, Doors Amount: 2% discount for homeowners, on energy used only, during the summer months (June-October). During the winter months (November-May), there will be a 2% discount for energy used only, for the first 1,000 Kilowatt-hours. Energy used beyond the first 1000 Kilowatt-hour tier will receive a 6% discount. Name: Blue Ridge EMC - Residential Solar Water Heating Rebate Program
6 Technologies eligible: Solar Water Heat Amount: $500 per system (1 system per account) Name: City of High Point Electric - Heat Pump and Electric Water Heater Rebate Program Technologies eligible: Water Heaters, Heat pumps Amount: Heat Pumps: $400; Electric Water Heaters: up to $150 Name: City of Statesville Electric Utility Department - Residential Energy Efficiency Rebate Program Technologies eligible: Water Heaters, Heat pumps Amount: Heat Pumps: $400; Water Heaters: $150 Name: Duke Energy - Residential Energy Efficiency Rebate Program (existing homes), Builder (new homes) Technologies eligible: Heat pumps, Air conditioners Amount: Air-source Heat Pumps: $200 (existing home); $300 (new construction) Air Conditioners: $200 (existing home); $300 (new construction) Geothermal Heat Pumps: $200 (existing home); $300 (new construction) Name: Four-County EMC - Residential Energy Efficiency Appliance Rebate Program Technologies eligible: Clothes Washers, Dishwasher, Refrigerators/Freezers Amount: $150 Name: Lumbee River EMC - Energy Star Appliance Rebate Program Technologies eligible: Clothes Washers, Dishwasher, Refrigerators/Freezers Amount: Clothes Washers: $35; Dishwashers: $20; Refrigerators/Freezers: $35
7 px Name: Piedmont EMC - Residential Energy Efficient Heat Pump Rebate Program Technologies eligible: Heat Pumps Amount: $50 per ton; max 4 tons. Name: Piedmont EMC - Solar Water Heating Rebate Program Technologies eligible: solar water heaters Amount: $500 Name: Piedmont Natural Gas - Energy Efficiency Program Technologies eligible: Water heaters, furnaces Amount: High-efficiency furnace: $300; tankless water heater: $250: Storage tank water heater: $50 Name: Progress Energy Carolinas - Pilot Solar Water Heating Rebate Program Technologies eligible: solar water heaters Amount: $ Name: Progress Energy Carolinas - Residential Energy Efficiency Rebate Program Technologies eligible: Heat pumps, Air conditioners, Duct/Air sealing, Building Insulation, Windows, Geothermal Heat pumps
8 Amount: Air Duct Repair: 50 percent of repair costs up to $120/unit (central AC and heat pumps) Attic Insulation and Leak Sealing: 37.5 cents per square foot up to $375 Heat Pumps (replacement): $300 per unit Central AC replacement: $300 per unit Geothermal Heat Pumps: $300 per unit HVAC Tune-up: $45 Windows: $30/window Maximum Incentive: Air Duct Repair: $120/unit (central AC and heat pumps) Attic Insulation and Leak Sealing: $375 Name: PSNC Energy - Residential Energy Efficient Appliance Rebate Program Technologies eligible: Water Heaters, Furnaces, Boilers Amount: Residential Rebates; Natural gas furnace or boiler: $100 Natural gas tank-type water heater: $100 Natural gas tankless water heater: $100 Name: South River EMC - Solar Water Heating Rebate Program Technologies eligible: Solar Water Heat, Solar Pool Heating Amount: $1000 to $ Name: TVA Partner Utilities - Energy Right New Homes Program Technologies eligible: Heat pumps, Comprehensive Measures/Whole Building (New homes with HERS Ratings of 4.5 or 5 stars. For existing homes, up to $500 for an energy audit and approved efficiency measurers), Custom/Others pending approval (Mandatory: Site Built Homes: All electric) Name: TVA Partner Utilities - Energy Right Water Heater Rebate Program Technologies eligible: Water Heaters Amount: $50 (Varies by power company)
9
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