Duke Energy - Improve & Save

NC Loan Program residential low income residential

Administered by: Duke Energy

Quick Summary

Duke Energy's Improve & Save program offers energy efficiency upgrades—including heat pumps, water heaters, insulation, and duct sealing—with no money down, paid through your electric bill over 10 years. Start by completing an eligibility form on Duke's website, then schedule a free energy audit with a program-approved advisor who recommends improvements tailored to your home. Existing rebates are applied to reduce your costs before the remaining balance is financed.

AI-generated summary • Updated 7/12/2026

Program Details

Program ID
22608
Last Updated
5/10/2024

Eligibility

Eligible Sectors
residential low income residential
Eligible Technologies
water heaters heat pumps duct/air sealing building insulation

Program Summary

Duke Energy's Improve & Save Program functions like an on-bill financing program and provides an opportunity for homeowner and renters to receive energy efficiency improvements with potentially no money down. Interested customers can start by filling out an eligibility form on Duke's website. If eligible, the customer will then schedule a free energy audit with a program-approved third-party. The energy advisor performing the audit will recommend efficiency improvements, which may include new HVAC systems and duct sealing, attic insulation and air sealing, and heat pump water heaters. Duke will then pay for the equipment, upgrades, and installation. Where applicable, existing rebates will be applied to the cost of the equipment, and the remaining balance will be repaid over 10 years on the property's electric bill.

Contact & Resources

Please verify current program details with the administering agency before making any financial decisions.

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