Duke Energy Florida has introduced a new incentive program for multifamily builders, offering a $500 rebate per metered unit that meets ENERGY STAR certification standards. Builders can also combine this incentive with an additional $500 tax credit from ENERGY STAR, resulting in up to $1,000 per eligible unit.
To qualify for the rebate, builders must submit the Energy Star Homes Programs Intake Form, register as a Duke Energy Trade Ally, complete the ENERGY STAR certification requirements with verification, and provide certification documentation for each unit.
The program is open to developers of new condos, apartments, duplexes, and townhomes. According to Duke Energy Florida, homes and apartments with ENERGY STAR certification are at least 10% more energy efficient than those built to standard code and typically achieve a 20% improvement in energy efficiency on average.
Beazer Homes is the first builder participating in the initiative. The company is developing two townhome communities—Aulin Square and Towns at Greenleaf—in Oviedo. These projects will bring 85 ENERGY STAR-certified homes to central Florida.
Melissa Seixas, Duke Energy Florida state president, stated: “Multifamily new construction is increasing drastically in many of Duke Energy Florida’s service areas. By focusing on builder incentives in this area of high growth, we can also help customers save on their monthly energy bills when they purchase or rent an ENERGY STAR certified unit.”
Steve Cervino, Beazer Homes area president, added: “Utility costs are a critical piece of the equation for housing affordability, but that is just the start of benefits for customers. We’re proud to build above and beyond ENERGY STAR standards so homeowners can experience healthier, more quiet, and more comfortable living spaces.”
Duke Energy Florida serves about 2 million customers across a 13,000-square-mile region and owns 12,300 megawatts of energy capacity. Its parent company Duke Energy provides electricity to over 8 million customers across several states and manages nearly 55 gigawatts of capacity nationwide.
More information about the incentive program can be found on Duke Energy’s website.
