Progress Energy provides rebates for energy efficiency measures in new construction or retrofits, as well as Technical Assistance for feasibility/energy studies to commercial, industrial and government organizations. Incentives are based on prescriptive rebate amounts listed above or custom amounts based on annual kilowatt-hours (kWh) saved. Prescriptive rebate amounts are available on the program application forms on the Progress Energy web site listed above. A Custom Whole Building incentive for new construction modeled 10% beyond applicable building code can receive $0.09 per annual kWh saved up to $0.14 per annual kWh saved for designs exceeding 20% beyond code.

New buildings greater than 20,000 square feet and designed with a projected first-year electrical savings of at least 15% beyond the applicable building code can receive a design incentive of $.05 per kWh of projected first year savings, up to a maximum of $50,000, or a Building Energy Modeling Incentive up to $20,000, not to exceed the total cost of the modeling service., For retrofits to buildings that use over 500,000 kWh, customers can receive up to 50% of the cost of an energy or feasibility study or retro-commissioning up to $20,000 for a facility every three years.

Once a project is identified, a pre-approval incentive application should be submitted to Progress Energy. Pre-approval is required for some lighting projects and all custom projects, and technical assistance and is strongly encouraged for all projects to reserve funding. A final application and all required documentation should be received by Progress Energy within 90 days of project completion.