Program awards rebates and incentives to large business customers for installing energy efficiency measures
PLAINFIELD, Ind. – It’s not unusual for schools, universities and large industrial customers to spend thousands of dollars each month on their electric bill. But many of those customers have successfully reduced their costs through Duke Energy’s “Smart $aver” rebate and incentive program.
DePauw University in Greencastle, Ind., was recently awarded more than $95,000 in incentives and rebates from Duke Energy for installing measures that mostly include energy efficient lighting and room occupancy sensors.
“DePauw is thrilled to be receiving this incentive award from Duke Energy,” said Chris D. Hoffa, director of DePauw’s facility operations. “This incentive substantially offsets the capital cost of our energy efficiency projects; helps DePauw achieve a future that is more sustainable and more carbon-conscious; and results in lower operating costs.”
Duke Energy engineers worked closely with the university’s facilities managers to identify less-efficient fluorescent lighting fixtures and replace them with energy efficient LEDs.
“The cleanest, most efficient power plant is the one we don’t have to build, and programs like this help us delay building new plants, which helps manage costs for all our customers,” said Rick Burger, Duke Energy community relations manager for west-central Indiana.
Duke Energy offers rebates for lighting, HVAC systems and agricultural equipment upgrades, and custom incentives for other upgrades. Business customers can get more Smart $aver program details here and residential customers can find Smart $aver incentives here.
About Duke Energy
Duke Energy Indiana, a subsidiary of Duke Energy, provides about 6,600 megawatts of owned electric capacity to approximately 850,000 customers in a 23,000-square-mile service area, making it Indiana’s largest electric supplier.
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of the largest energy holding companies in the U.S. It employs 30,000 people and has an electric generating capacity of 51,000 megawatts through its regulated utilities, and 3,000 megawatts through its nonregulated Duke Energy Renewables unit.
Media contact: Lew Middleton
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