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Heating, Cooling & Water Heater Rebates

Equipment must be purchased, installed and operational between January 1, 2018 and December 31, 2018

Amount: ^$25.00 to ^$500.00

Heating and cooling costs make up the majority of your energy costs, which makes replacing your old or inefficient HVAC equipment one of the most impactful measures you can take to curb energy usage.

Water heating accounts for about 18% of your home's energy use, and reducing your hot water use by upgrading your home water heater is a long-term fix that typically pays for itself in a relatively short time through improved efficiency.

Gas Furnaces

These rebates require the use of Vectren natural gas service as the primary heat source.

Specification	Rebate
95-96.99% AFUE	$250
97% AFUE or higher	$300
Homes must have Vectren natural gas as the primary heat source to be eligible for this rebate. Furnace must be primary heat source for home's living space and be a sealed combustion unit. Systems supplementing gas space heating with an air source, dual-fuel or geothermal heat pump are not eligible. AFUE = Annual Fuel Utilization Efficiency

Gas Boilers

These rebates require the use of Vectren natural gas service as the primary heat source.

Specification	Rebate
90% AFUE or higher	$300
Homes using Vectren natural gas as the primary heat source are eligible for this rebate. Input capacity must be less than 300 MBTUH AFUE = Annual Fuel Utilization Efficiency

Central Air Conditioners

These rebates require Vectren electric service.

Specification	Rebate
16 SEER or higher	$200
18 SEER or higher	$400
Homes with Vectren electric service are eligible for this rebate. SEER = Seasonal Energy Efficiency Ratio Purchase must be a high-efficiency electric central air conditioner as part of an AHRI rated qualifying system. An AHRI certificate must be submitted with the application. The Air-Conditioning, Heating and Refrigeration Institute (AHRI) maintain a directory of certified product performance for HVAC equipment. To obtain a copy of the AHRI certificate and certificate reference number, please visit: www.ahridirectory.org.

Electric Heat Pumps

These rebates require the use of Vectren electric service as the primary heat source.

Specification	Rebate
Electric air source, 16 SEER or higher	$300
Electric air source, 18 SEER or higher	$500
Homes using Vectren electric service as the primary heat source are eligible for this rebate. SEER = Seasonal Energy Efficiency Ratio Back-up heat must be electric, systems with gas furnace back-up are not eligible; geothermal heat pumps do not qualify. Both the condenser and indoor unit must be replaced as part of an AHRI rated qualifying system. An AHRI certificate must be submitted with the application. The Air-Conditioning, Heating and Refrigeration Institute (AHRI) maintain a directory of certified product performance for HVAC equipment. To obtain a copy of the AHRI certificate and certificate reference number, please visit: www.ahridirectory.org.

Ductless Mini-Split Heat Pumps

These rebates require Vectren electric service.

Specification	Rebate
17 SEER or higher, 9.5 HSPF or higher	$500
Homes using Vectren electric service as the primary heat source are eligible for this rebate. If home has Vectren electric service but natural gas is used as the primary heat source, then rebates are only available for installations in a new room addition or previously unconditioned space. Installation must replace electric resistance heat. An AHRI certificate must be submitted with the application. The Air-Conditioning, Heating and Refrigeration Institute (AHRI) maintain a directory of certified product performance for HVAC equipment. To obtain a copy of the AHRI certificate and certificate reference number, please visit: www.ahridirectory.org.

Electronically Commutated Motors

These rebates require Vectren electric service.

Specification	Rebate
ECM	$50
Homes with Vectren electric service are eligible for this rebate. ECM can be a retrofit or part of a new HVAC system. Geothermal heat pump system ECMs do not qualify. ECM must be on furnace or air handler of whole home system.

Air Purifiers

These rebates require Vectren electric service.

Specification	Rebate
Air purifier	$25
Homes with Vectren electric service are eligible for this rebate. Must be an ENERGY STAR® certified air purifier.

Heat Pump Water Heaters

These rebates require Vectren electric service.

Specification	Rebate
2.0 EF or higher	$300
Homes with Vectren electric service are eligible for this rebate. Heat pump water heaters must have an Energy Factor (EF) of 2.0 or greater to qualify. Look for the EF (Energy Factor) rating on the water heater specification sheet or on the packing box. It may or may not be listed on the water heater label.

Heating, Cooling & Water Heater Rebates

Save money and improve the comfort and quality of your home

Get up to $1,525 in rebates to offset the cost of making energy-efficient choices. Rebates are available to Duke Energy residential electric customers residing in single-family homes, mobile homes, townhomes or duplexes.

Get up to $525

Is it time to replace your old, worn-out heating and cooling system? If your heating and cooling equipment is more than 10 years old or isn't making your home as comfortable as you'd like, consider installing a high-efficiency system. It will help:

Make your home more comfortable
Reduce your energy usage and carbon footprint
Save you money for years to come

Eligibility requirements

This program is available to Duke Energy residential electric service customers residing in single-family homes, condominiums, mobile homes, townhomes and duplexes.
All application and supporting documentation must be successfully submitted and approved within 60 days of date of service after Feb. 1, 2018.

Equipment Options	Incentive Level	Eligibility Requirements	Rebate Amount
Central Air Conditioning or Heat Pump	Level 1	15 and 16 SEER with ECM	$300
Central Air Conditioning or Heat Pump	Level 2	≥17 SEER with ECM	$400
Central Air Conditioning or Heat Pump	Level 2	≥17 SEER with ECM	$400
Geothermal Heat Pump	Level 3	≥19 EER with ECM	$400

Save $350

Install an energy-efficient heat pump water heater and enjoy the benefits, including:

Save $250 each year – or more – on your water heating costs
Receive $350 for each new, qualifying water heater installed
Use less energy without sacrificing performance or reliability

Eligibility Requirements

You must be a Duke Energy electric service customer residing in a single-family residence. Customers living in apartments and multifamily homes are not eligible at this time.
Your new heat pump water heater must be installed by one of our Smart $aver® participating contractors. Your system must be installed and operable before you submit your rebate application.
Participating contractors must fill out and submit the rebate application within 90 days of the installation.
For your heat pump water heater to qualify for the rebate, it must be ENERGY STAR qualified and have an energy factor of at least 2.0.