Fortress Power, Duke Energy to provide savings to N.C. residents
Energy storage solutions provider Fortress Power is expanding its participation in Duke Energy’s Battery Programs. Through the partnership, North Carolina residents will be able to earn up to $9,000 in incentives and monthly bill credits. Fortress Power’s new eForce battery is now eligible for the program, joining the rest of company’s residential energy storage systems.
Duke Energy offers upfront and monthly incentives for residential customers in North Carolina. Eligible customers in North Carolina can receive an upfront incentive of up to $9,000 through Duke Energy’s PowerPair program when they install a Fortress Power energy storage system. Additionally, customers can receive monthly bill credits based on their battery capacity, maximizing their savings over time. Fortress Power systems offer the highest annual potential bill credit in the entire program, making them an optimal choice for homeowners looking to reduce energy costs while maintaining reliable backup power.
“Fortress Power is proud to support homeowners in North Carolina through Duke Energy’s PowerPair Home Battery Program,” said Brian London, VP of energy services at Fortress Power. “With our advanced energy storage solutions, customers can take full advantage of these significant incentives while enjoying greater energy independence and security.”
Why Homeowners Benefit:
- Upfront Incentives: Receive up to $9,000 in rebates when installing an eligible Fortress Power system.
- Ongoing Savings: Monthly bill credits based on battery capacity provide continued financial benefits.
- Top-Tier Performance: Fortress Power systems offer the highest Annual Potential Bill Credit in the program.
- Energy Independence: Store energy for use during peak demand periods and power outages.
- Tax Incentives: Qualify for a 30% federal tax credit on new installations.
Homeowners who install a qualifying system may also be eligible for a 30% federal tax credit, further reducing the cost of their investment.
The monthly bill credits are available through additional battery control programs based on the Duke Energy utility. Customers of Duke Energy Carolinas, serving the greater Charlotte, Raleigh, and Winston-Salem areas, have the Power Manager program. Duke Energy Progress customers in Asheville, Raleigh, Durham, Wilmington, and Fayetteville can join the EnergyWise program.
These incentives and terms are identical for the two battery control programs. By participating in the EnergyWise or Power Manager programs, customers allow the utility to dispatch stored energy when the grid is stressed, helping to lower electricity costs for themselves and the entire community while maintaining seamless backup power in the event of an outage.
