Duke Energy Smart $aver Incentive Programs - Larry Airey NC Senior Trade Ally Outreach Representative
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Duke Energy Smart $aver ® Incentive Programs Larry Airey NC Senior Trade Ally Outreach Representative
Non-Residential Smart $aver ® Incentive Programs
2011 Incentives Paid
$15,000,000
For 2012
$21,500,000
2013
$23,000,000
2
Why invest in energy efficiency?
Lowers energy costs for years to come
Money saved to invest back into the business
Minimize future rate increases
Helps utility defer the cost of building additional generating facilities
Fosters a cleaner environment by saving valuable energy resources
Provides a more comfortable, positive work/learning environment
Lowers market prices by increasing sales volume of higher efficiency equipment
3
Where is Energy Being Used?
Commercial Energy Expenditures
Lighting
20% 20% Space Heating
Space Cooling
4% Ventilation
Refrigeration
5% 16%
Electronics
5% Water Heating
8% 12% Computers
10% Other
4
Non-Residential Smart $aver ® Incentive Programs
1 KW Generation Capacity
1 KW Generation Capacity
Construction cost $2,500 to $3,500*
*According to Synapse Energy Economics, Inc. 2008
5
Non-Residential Smart $aver ® Incentive Programs
1 KW Generation Capacity
1 KW Generation Capacity
Ten, 8-10w LED = 80-100W or 90% savings
Up to $10 per lamp or $100 total incentives
LEDs must be Energy Star or DLC to qualify for incentives
6
Non-Residential Smart $aver ® Incentive Programs
1 KW Generation Capacity
Who is eligible? (Custom and Prescriptive Programs)
Smart $aver® Incentives are available to all Duke
Energy business customers with two exceptions:
Not on a residential rate
Cannot have opted out ?
7
Non-Residential Smart $aver ® Incentive Programs
1 KW Generation Capacity
What is Opted Out?
All customers on an Industrial rate and
those commercial customers consuming 1
?
million kilowatt-hours annually are eligible
to opt out. The 1 million kWh is per meter
and not an aggregate.
If there is an account on the property that qualifies to opt out (an Industrial or one
that has 1 million kWh’s) then other General Service accounts on that same property
or contiguous property are also eligible to opt out. The opt in/out enrollment period
usually occurs annually from Nov. 1 to Dec. 31.
8
Non-Residential Smart $aver ® Incentive Programs
1 KW Generation Capacity
Who is eligible to receive Incentive? (Custom and
Prescriptive Programs)
Customer or Vendor can receive
the incentive
Vendor must agree to lower the invoice
by the amount of the incentive.
9
Non-Residential Smart $aver ® Incentive Programs
Smart $aver® Prescriptive Incentive Program
10Non-Residential Smart $aver® Prescriptive Incentive Programs
Six Technology Groups
Information Technology
Lighting
HVAC (cooling) Process Equipment
Includes, chillers,
Pumps & Food services equipment
Mini Splits
variable frequency drives
Over 340 Prescriptive incentive possibilities 11Non-Residential Smart $aver ® Prescriptive Incentive Programs
Project Eligibility Prescriptive 1 KW Generation Capacity
1. Equipment has not already received an incentive
2. Application must be completed in full, with supporting documentation
3. Payment is received after installation
Prescriptive Application
1. Submit application after installation of eligible equipment
2. Applications due 90 days after project completion
3. A sample of all applications are verified after installation
12HIGH EFFICIENCY LIGHTING INCENTIVES
Up to $25 incentive per fixture for retrofit of T12 lighting to High
Performance T8 with CEE Lamps and Ballast
Up to $12 incentive per fixture for retrofit of standard T8 lighting to high
performance or reduced wattage T8 with CEE Lamps and Ballast
Up to $80 incentive per fixture for retrofit of high bay metal halide
lighting to T8 or T5
13HIGH EFFICIENCY EXTERIOR LIGHTING INCENTIVES
Up to $200 for Exterior LED or
Induction Fixture
Up to $300 for Parking Garage/Parking Deck LED or
Induction Fixture
14NEW HIGH EFFICIENCY INTERIOR LIGHTING INCENTIVES
LED Panels - $40 per fixture
Replacing T12 or T8
1x4, 2x4, 2x2
1, 2, 3, & 4 lamp
Retrofit, New Construction, Failed Equipment
DLC approved retrofit kits for linear panels are eligible for incentives under this measure.
LED tubes do not qualify under this measure can be submitted as custom.
LEDs must be on the DLC qualified product list and in the appropriate category to be eligible for incentives.
*Note that at this time, DLC does not qualify screw-in “lamps” intended as HID replacements as retrofit kits
15NEW HIGH EFFICIENCY INTERIOR LIGHTING INCENTIVES
For the 1x4, 2x2 and 3x4 to qualify for an incentive, products must be listed on the Design Lights Consortium
qualified products list in the appropriate category. Duke Energy will accept the following categories for these
measures:
Lamp-style Retrofit Kits for Linear Panels (2x2 Troffers)
Lamp-style Retrofit Kits for Linear Panels (1x4 Troffers)
Lamp-style Retrofit Kits for Linear Panels (2x4 Troffers)
2x2 Luminaires for Ambient Lighting of Interior Commercial Spaces
1x4 Luminaires for Ambient Lighting of Interior Commercial Spaces
2x4 Luminaires for Ambient Lighting of Interior Commercial Spaces
Retrofit Kits for 2x2 Luminaires for Ambient Lighting of Interior Commercial Spaces
Retrofit Kits for 1x4 Luminaires for Ambient Lighting of Interior Commercial Spaces
Retrofit Kits for 2x4 Luminaires for Ambient Lighting of Interior Commercial Spaces
Linear Ambient Luminaires: Direct
Linear Ambient Luminaires: Indirect
LEDs must be on the DLC qualified product list and in the appropriate category to be eligible for incentives.
.
DLC approved retrofit kits for linear panels are eligible for incentives under this measure. LED tubes do not qualify under this measure can be submitted as custom
16NEW HIGH EFFICIENCY INTERIOR LIGHTING INCENTIVES
For the 1x4, 2x2 and 3x4 to qualify for an incentive, products must be listed on the Design Lights Consortium
qualified products list in the appropriate category.
PLEASE NOTE: DLC DEFINES ALL TUBE-STYLE LED PRODUCTS TO FALL UNDER THE LINEAR REPLACEMENT LAMPS CATEGORIES, EVEN IF
SAFETY ORGANIZATIONS CLASSIFY THEM AS RETROFIT KITS DUE TO THE NEED TO PERFORM ELECTRICAL OR MECHANICAL ALTERATIONS TO
THE EXISTING FIXTURE FOR PROPER INSTALLATION. ONLY FULLY-INTEGRATED “INSERT” STYLE KITS WILL BE ELIGIBLE UNDER THE RETROFIT
KIT CATEGORIES.
Duke Energy Prescriptive LED Panel incentives are for fixtures. Changing out lamps does not qualify for the prescriptive
incentive, may qualify for custom.
17NEW HIGH EFFICIENCY INTERIOR LIGHTING INCENTIVES
LED High Bay
$170 to $225 per Fixture
Replacing 251W-400W and >400W HID
LED Low Bay
$80 to $90 per Fixture
Replacing up to 175W and 176-250W HID
LEDs must be on the DLC qualified product list and in the appropriate category to be eligible for incentives.
*Note that at this time, DLC does not qualify screw-in “lamps” intended as HID replacements as retrofit kits
18NEW HIGH EFFICIENCY INTERIOR LIGHTING INCENTIVES
LED Track Light - $35 per fixture
Energy Star® LED lamp replacing incandescent - $10 per lamp
LEDs must be on either Energy Star® or the DLC qualified product list and in the appropriate category to be eligible for incentives.
19NEW HIGH EFFICIENCY LIGHTING INCENTIVES
More new LED Incentives
LED Canopy Lights replacing HID various wattages - $80 to $170 per fixture
LED Display Case - $10 per fixture
LED Portable Task Light - $25 per fixture
LED Shelf-mounted Task Light Replacing T8 - $10 per foot
LED Bollards – $40 per fixture
LED Floodlight replacing >100W Incandescent, halogen or HID - $50 per fixture
LED Traffic Signals replacing incandescent - $12.50 per lamp
LED Pedestrian Signals replacing incandescent – $25 per signal
LEDs must be on the DLC qualified product list and in the appropriate category to be eligible for incentives.
20NEW HIGH EFFICIENCY LIGHTING INCENTIVES
Exterior LED Lighting motion sensor controls (not in parking deck) - $27 per control
Occupancy Sensors - $20-$40 per sensor
Daylight Sensor – $20 per sensor
21ENERGY EFFICIENT CHILLERS
Up to $64/ton incentive for AHRI-rated efficient Chiller
Air Cooled Chillers / Water Cooled
Make/Model #
AHRI Tons/Unit Full-load kW/ton IPLV kW/ton Operable Chiller performance and IPLV must be tested
under AHRI conditions - submit documentation of compliance
Incentives are capped at 75% of the equipment and external labor cost.
22Unitary and Rooftop Air Conditioning Unitary and Rooftop Air Conditioning
ENERGY EFFICIENT HVAC
Ductless Mini-Splits
AC – AHRI reference # with SEER of 18 or EER of 12.5 - $120 per ton
Heat Pump – AHRI reference # with SEER of 18 or EER of 12.5 and HSPF of 9.5 - $240 per ton
Cool Roof
Initial Solar reflectance greater than or equal to 0.7 - $0.10/sq. ft.
Low sloped roof 2:12 inches or less, no PV panel obstruction, over electrically cooled space.
Demand Control Ventilation
Retrofit only - $0.10/sq. ft.
24ENERGY EFFICIENT HVAC
Window Film Incentives
SHGC or 0.40 or less or a shading coefficient of 0.45 or less $1/sq. ft.
Water Heater Pipe Insulation
Electric domestic water heaters - $1/ft.
Faucet Aerator
Electric domestic water heaters retro fit only 0.5 to 1.0 GPM – $5/unit
Low Flow Showerhead
Electric domestic water heaters retro fit only - $12.50/unit
25ENERGY EFFICIENT HVAC
Setback/Programmable Thermostat Up to $50/thermostat
Guestroom Energy Management Controls for rooms heated with Electric $80/ room
Guestroom Energy Management Controls for rooms heated with Gas $30/ room
26Energy Efficient Food Service Equipment
ENERGY STAR® Fryer – (electric) $200.00/fryer
ENERGY STAR® Steam Cookers $1,200.00/cooker
ENERGY STAR® Commercial Convection Oven $300.00/oven
ENERGY STAR® Commercial Griddle –Electric $300.00/griddle
27Energy Efficient Food Service Equipment
Commercial Combination Oven (90 lbs/hr) – (electric) $1,912.00/oven
ENERGY STAR® Hot Food Holding Cabinet
Half Size Insulated $300 /cabinet
Three Quarter Size Insulated $400/cabinet
Full Size Insulated $500/cabinet
28Energy Efficient Food Service Equipment
ENERGY STAR® Glass and Solid Door Reach-in Freezers Up to $150
ENERGY STAR® Glass and Solid Door Reach-in Refrigerators Up to $150
ENERGY STAR® Ice Machine Up to $200
29Energy Efficient Food Service Equipment Vending Equipment Controller (retrofit only) $50.00/controller Snack Machine Motion Controller (retrofit only) $20.00/controller Beverage Reach-in Controller (retrofit only) $50.00/controller Anti-Sweat Heater Controls $50.00/door Night covers for displays $5/lineal ft. Door gaskets for cooler or freezer $1/lineal ft Pre-Rinse Sprayer $18/per sprayer 30
New Energy Efficient Food Service Equipment
Energy Star Vending Machine $80
Automatic Door Closer for Coolers and Freezers $40
Energy Star Dishwasher for high and low temperature (electric water heater)
Under the Counter $400
Single Tank Door Type $700
Single Tank Conveyor $1000
Multiple Tank Conveyor $1500
31Energy Efficient Food Service Equipment
ECM Walk-In Cooler and Freezer Motors – ECM replacing PSC (retrofit only) $39/motor
ECM Walk-In Cooler and Freezer Motors – ECM replacing SP (retrofit only) $39/motor
ECM Refrigerated or Freezer Display Case Motors $39/motor
32New for 2014 Information Technology
Information Technology
33New for 2014 Information Technology
Energy Star 6.0 Desktop Computer - $10/ Computer
Energy Star 6.0 Small Scale Server - $15/Small Scale Server
ENERGY STAR® Must be listed on ENERGY STAR ® Version 6.0 qualified list
Energy Star 2.0 Computer Server - $15/server
ENERGY STAR® Computer Server – Must be listed on ENERGY STAR ® Version 2.0
qualified list
PC Power Management System
$6/desktop system
Controlled Plug Strip
$4/plug strip
34New for 2014 Information Technology
IT Technology
Server Virtualization
$2000/ 10 servers removed
Proof of recycling/disposal is required to ensure that the consolidated servers have been removed
and will not re-enter the market.
A minimum of 10 servers must be virtualized, consolidated, removed and recycled/disposed of to
qualify for incentive.
A single new server must perform the functions of the removed servers using virtualization.
Customer must submit a server inventory report documenting the existing servers that were removed
and the new servers that were installed.
35Non-Residential Smart $aver ® Incentive Programs
All Incentives capped at 75% of equipment cost.
Please refer to the online applications for
complete terms and conditions.
Additional requirements may apply.
36Why Invest in Energy Efficiency
37Why Invest in Energy Efficiency
Owner-Occupied Properties
More Competitive More Profitable More Valuable
Lower Occupancy Lowering “heat, power Lower operating expense
cost enables competitive and light” cost improves expense increases
pricing profitability earnings per share
Sustainability & comfort Greater comfort & convenience More efficient facilities
can help attract or retain supports higher productivity have higher resale
employees, investors, and values
customers
38Why Invest in Energy Efficiency
Income Properties
More Competitive More Profitable More Valuable
Lower Occupancy cost Better tenant retention Higher rent revenue
and attraction increases cash flow
Enhanced comfort Lower vacancy rates result Lower operating cost increase
and productivity in higher rent revenue cash flow
Sustainability that gives Lower tenant utility bills Higher net operating
marketing advantage support higher base rates income (NOI) supports
higher appraisal
39Why Invest in Energy Efficiency
Proving the productivity Boost
Greening the Building and the Bottom Line Published 1994
Joint effort from the Department of Energy and the Rocky Mountain Institute.
Performed more than twenty years ago, it still holds true today.
Here’s a summary of the findings:
Lockheed: 15% rise in production; 15% drop in absenteeism
West Bend Mutual Insurance: 16% increase in claims processed
ING bank: 15% drop in absenteeism
Verifone: 5% increase in productivity; 40% drop in absenteeism
“By Mark Jewell, Wall Street Journal best-selling author of Selling Energy: Inspiring Ideas That Get More Projects Approved! This content is excerpted from
Jewell Insights, Mark Jewell's daily blog on ideas and inspiration for advancing efficiency. Sign up at SellingEnergy.com.”
40Why Invest in Energy Efficiency
Energy Efficiency Helps Many Line Items on the P&L
Less repairs/maintenance
Less scrap
Less utilities
Higher rental rates
Better tenant retention
Better tenant attraction
Less need for capital expense reserves
Could you use a capital expense cost recovery clause and have tenants help repurpose wasted
utility dollars to help improve your building? (BOMA suggests if you replace prior to failure you can recover.)
41Why Invest in Energy Efficiency
Industry Margins
Source: Stern School of Business as NYU; using data from S&P Capital IQ, Bloomberg and the Fed
Retail (General) 2.90%
Grocery and Food 0.75%
Net margin, net profit margin, profit margin, and net profit ratio all refer to a measure of profitability
that is calculated by finding the net profit as a percentage of revenue.
$1 in energy savings = $133.33 added revenue
0.75% net profit margin
42Why Invest in Energy Efficiency
150,000 Sq. Ft. Facility
Parking has 50, 400W HID light fixtures
Grocer has 100, 400W HID light fixtures
Retail has 40w per lamp, 4 lamp T12 Fluorescent fixtures
Plan on replacing with LEDs
43Why Invest in Energy Efficiency
150,000 Sq. Ft. Facility
Parking has 50, 400W HID light fixtures estimated annual energy cost = $7,500
Grocer has 100, 400W HID light fixtures estimated annual energy cost = $33,060
Retail has 200, 40w per lamp, 4 lamp T12 Fluorescent fixtures estimated annual energy cost = $24,500
Total Annual Energy Cost for Lighting = $65,060.00
44Why Invest in Energy Efficiency
150,000 Sq. Ft. Facility
Plan on replacing with LEDs reducing the wattage by 70%
Parking 50 light fixtures estimated annual energy cost = $2,250 ($5,250 annual savings)
Grocer 100 light fixtures estimated annual energy cost = $9,900 ($23,160 annual savings)
Retail has 200 Panel fixtures estimated annual energy cost = $7,335 ($17,165 annual savings)
Estimated Total Annual Energy Cost of Lighting = $19,485
Annual savings = $45,575.00
45Why Invest in Energy Efficiency
Industry Margins
Source: Stern School of Business as NYU; using data from S&P Capital IQ, Bloomberg and the Fed
$1 in energy savings $133.33 added revenue
0.75% net profit margin
Retail (General) 2.90% $17,165.00 energy savings = $591,896.55 added revenue
Grocery and Food 0.75% $23,160 energy savings = $3,088,000 added revenue
Parking Lot $ 7,500 energy savings
46Non-Residential Smart $aver ® Incentive Programs
Tropical Foods
“After a local lighting professional told us how we Project Financials
could reduce energy costs by implementing new Projected Energy Savings
technology, we replaced every light in the
building. We’ve seen energy savings that even $20,000/ year
exceeded their estimations.” John Bauer,
President Simple Payback
Retrofitted 400W HID to Energy Efficient T8 High Bay 1 year 11 months
Fixtures
Capital cost - $47,000
Project Return 50%
Smart $aver Prescriptive Incentive - $8,750
Net Customer Cost - $38,250
Annual energy savings - $20,000
47Non-Residential Smart $aver ® Incentive Programs
Tropical Foods
I have been reading a new book by Mark Jewell ,
“Selling Energy”. One of the chapters, “Do People Project Financials
Really Decide or Simply Compare?” Projected Energy Savings
$20,000/ year
When asked, “What is my payback period” you Simple Payback
simply say “2 years”. Customer is thinking, “I have
1 year 11 months
money in my pocket now and it feels comforting
having access to that capital. If I do the investment Project Return 50%
you are proposing, I have to wait two years to get my
money back. Thanks, but no thanks.”
48Non-Residential Smart $aver ® Incentive Programs
Tropical Foods
What if instead of saying 2 years you said
“50 percent” ? Project Financials
Projected Energy Savings
Now what comparison could they make? I can $20,000/ year
invest in your product/service and get a 50% Simple Payback
return or I can go out and invest in a 24 month
1 year 11 months
CD and get a 1.33% return. Now this is an
apples or oranges comparison, but the decision Project Return 50%
maker may feel totally comfortable in using this
to make their decision.
49Why Invest in Energy Efficiency
Industry Margins
Source: Stern School of Business as NYU; using data from S&P Capital IQ, Bloomberg and the Fed
$1 in energy savings $34.48 added revenue
2.90% net profit margin
Retail (General) 2.90% $17,165.00 energy savings = $591,896.55 added revenue
200 LED Troffer DLC Panel Lights replaced T12 Cost of $169.90 per fixture = $33,980.00
Simple ROI = 1.9 Years = 52.6% annual return
Smart Saver Incentive at $40 per fixture = $8,000.00
Cost of Project less Smart Saver incentive = $25,980.00
1.5 year ROI = 66.66% annual return or customer can invest in a 24 month CD = 1.33% annual return
50Non-Residential Smart $aver ® Incentive Programs
Smart $aver® Custom Incentive Program
51Non-Residential Smart $aver® Prescriptive Incentive Programs
Technology Groups
Information Technology
Lighting Process Equipment
HVAC (cooling)
Food services equipment
Includes thermal
storage, chillers Pumps &
variable frequency drives
Other Unique Energy Saving Opportunities
52Smart $aver® Custom Incentive Program
High-efficiency equipment that falls outside the scope of our standard prescriptive offers may
still be eligible for incentives. The Smart $aver Custom Incentive program picks up where the
Prescriptive Incentive program leaves off. Whether you’re installing building automation
controls, upgrading compressed air systems or implementing other unique energy efficient
technologies, Smart $aver custom incentives can help you offset up-front costs and improve
your bottom line.
Custom projects can vary widely and are sometimes complex. Here are some helpful hints to
consider before beginning the incentive application process.
• Only Duke Energy commercial and industrial electric customers are eligible to receive custom incentives.
• To receive custom incentives, approval must be granted prior to the initiation of the project.
• For complex projects, calculating the energy savings can often require engineering expertise. Before
applying you may want to consider whether you have the resources to provide all the required
information.
• The application and approval process typically takes 1-2 months.
53Smart $aver® Custom Incentive Program
• Project Eligibility Custom
1. Equipment has not already received an incentive
2. Application must be completed in full, with supporting documentation
3. Payment is received after installation
Custom Application
1. Apply before project initiation (before signing purchase order, purchasing equipment and or installing equipment)
2. Wait for approval before installation (at least 1 month)
3. A high percentage are verified
54Smart $aver® Custom Incentive Program
Phase 1
Application
Custom Incentive Application - Part 1 (required):
• This is the main application form that must be submitted in order to receive an incentive payment.
Custom Incentive Application - Part 2 (required):
• Select the appropriate worksheet for your project type. (Excel spreadsheet*)
Phase 2
Application Evaluation
Duke Energy assesses the application and provides a technical evaluation. A preliminary incentive value is
calculated and pre-approval is granted. (Allow 1–2 months for completion.)
Phase 3
Project Installation
The equipment is installed and Duke Energy processes payment of the incentive. (Allow 10 days after
installation for payment.)
55Preferred Customized Calculation Tools
Please refer to the list below of the preferred software tools to use when calculating the baseline electrical
usage and the electrical usage of the proposed high-efficiency equipment or system. Software Tool Category :
eQuest : Nonresidential retrofits and new construction
EnergyPlus : Nonresidential retrofits and new construction; Whole building simulation
Carrier® HAP: HVAC
Trane® Trace TM : HVAC
DOE OIT Pumping System Assessment Tool (PSAT) : Pumps
MotorMaster+ : Motors
AirMaster : Air compressor systems
Emerson TM Product Selection & Energy Analysis : Refrigeration compressor retrofits using BIN analysis. 2 For projects of
approximately 250,000 kWh or less
DOE2.2R: Refrigeration measures
SkyCalc TM: Skylighting
BinMaker®: Weather data analysis tool
AFT Fathom : Fluid flow analysis for industrial systems
56Smart $aver® Custom Incentive Program
• Custom Incentive Selection Process
– Every Application is unique and reviewed on a stand-alone basis
– Submitting an application does not guarantee an incentive
– Primary Criteria considered-
1. Electric savings to the customer (kWh and kW)
– Determine the realistic and likely electric reductions
– Natural gas, maintenance, operational, etc savings are great for the customer but are not used to
determine the incentive
2. Incremental project cost (compare EE option to standard/code)
3. Cost-effectiveness (encourage the most cost effective options)
4. Technical viability (conform to codes and standard engineering practices)
5. Useful life
6. Payback > 1 year
7. Incentive cannot exceed 75% of incremental cost
– This review often involves a request for additional information or dialogue for clarification
57Smart $aver® Custom Incentive Program
Examples that are NOT eligible for Custom Incentives
Renewable energy generation projects, including Solar PV
Work that was begun prior to Duke Energy incentive approval
Projects that cannot be supported with data and calculations performed using acceptable engineering methods
De-lamping of lighting fixtures, unless the project involves a complete redesign and a lighting study shows that the
proposed light levels are appropriate
Eliminating electric loads, or moving to another facility
Replacing electric loads with another fuel source
Measures that are not sustainable over time
58Non-Residential Smart $aver ® Incentive Programs
Smart $aver® Incentives are available to all Duke Energy business customers with two exceptions:
Not on a residential rate
Cannot have opted out
Who can receive the payment? Customer, Vendor, or other Third Party can receive the incentive
payment
Important Application Differences
Prescriptive Application Custom Application
1. Submit application after installation of eligible 1. Apply before project initiation
equipment
2. Wait for approval before installation (at least 1
2. Applications due 90 days after project completion month)
3. A sample of all applications are verified after 3. A high percentage are verified
installation
592014 Smart Saver Custom Changes
Actual equipment purchase not a requirement for eligibility
Some maintenance, retro-commissioning & re-commissioning type measures are eligible
Examples
– Repairing inoperable outdoor air damper
– Programming new functionality into an existing BAS
– Re-tuning an existing HVAC system for new occupancy
Typical analytical rigor and pre-approval requirements still apply
Persistence of savings is required
Savings that rely on human behavior are not eligible
Utilizing existing functionality (like changing set point) is not eligible
Leased equipment is eligible
Special conditions and application requirements apply.
Contact your Trade Ally Outreach Rep before heavy customer engagement
60Non-Residential Smart $aver ® Incentive Programs
Please refer to the online applications for
complete terms and conditions.
Additional requirements may apply.
61Case Studies
Davidson College
The on-campus athletic facility’s energy consumption
during large events was nearly identical to consumption
Project Financials
levels during non-peak times.
Simple Payback – 2.5 years
Replaced pneumatic controls with a direct digital Project Return – 39%
control system and retrofitted air handlers with new
valves, damper actuators and variable speed drives. “The energy efficiency work
continues to demonstrate an
Capital cost - $345,000 average improvement of 30
Smart $aver Incentive - $75,000 percent over readings taken
Net Customer Cost - $270,000 before the upgrades.”
Annual energy savings - $110,000
62Non-Residential Smart $aver ® Incentive Programs
• If you need help:
- Customer Service: 1-866-380-9580
- “Ask a Question” online
- Call your Smart Saver Trade Ally Representatives directly for assistance:
North Carolina: Larry Airey – 704-773-7282
Larry.airey@duke-energy.com
Charlotte Mecklenburg, Cabarrus, Iredell, Union Counties in NC
York, Chester and Lancaster Counties in SC
6364
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