Smart $aver™

What is Smart Saver™?

The Smart Saver Program promotes the use of high efficiency heating and cooling systems to help lower your energy costs and make your home more comfortable. Locate a Smart Saver Dealer from our current list or ask your current heating and air conditioning contractor to submit an application for your rebate.

The Smart Saver Program also applies to new homes. Locate a Smart Saver Builder or remind your current contractor about our Smart Saver builder rebates.

Forms for Dealers and Builders

Print the dealer/builder sign-up form (pdf, 91 KB)
Print the application form (pdf, 127 KB)
Or call 1-866-785-6209 for more information.

Smart Saver Benefits

  • Save money on energy bills for years to come when you install a high efficiency furnace, heat pump or air conditioner.
  • Experience greater comfort in your home.
  • Help to reduce our nation’s electric demand, decrease pollution and save valuable energy resources.
  • Receive rebates for your new high efficiency heating and/or cooling system.

Efficiency of  new HVAC System installed in your Existing Home

 Existing Home CustomerRebates New Home Builder Rebates
  Heat Pumps: must be 14 SEER or greater and include an ECM fan motor $200  $300
Air Conditioners: must be 14 SEER or greater and include an ECM fan motor $200 $300
Geothermal Heat Pumps: must be 10.5 EER or greater and include an ECM fan motor $200 $300
Gas Furnaces: must be a 90% AFUE or greater $200 $300
New 90% AFUE or greater natural gas furnace combined with a new, qualifying AC or heat pump as described above $400 $600

 

How the Programs Works

  • The Smart Saver Program is available to Duke Energy residential customers in Ohio. Other states served by Duke Energy may have similar program offerings.
  • When a participating heating dealer or builder installs a new qualifying high efficiency system(s) in your home, the dealer or builder will submit an application for your rebate.
  • Read the eligibility requirements and FAQs to learn more. A Smart Saver Brochure (pdf, 378 KB) is also available.
  • Qualifying systems must be installed on or after July 16, 2007.
  • Duke Energy natural gas customers must also receive their electric service from Duke Energy to be eligible for gas furnace incentives. Rebates are paid per qualifying unit.
  • For new homes, rebates are paid to the builder unless the builder agrees that the customer will receive the rebate. Other requirements apply.

Please call 1-866-785-6209 if you have additional questions. Duke Energy reserves the right to change the Smart Saver program requirements and incentives at any time.

How Much Can You Save?

  • Review our Estimated Smart Saver Savings (pdf, 80 KB) find out how much you could save by installing a new Smart Saver heating system.
  • Use our Personalized Energy Report to get a more customized estimate of your home’s energy usage. This tool also estimates how new energy efficient practices and/or equipment in your home could save you money. 
  • Learn more about heating costs for your home at Heating Costs & Comparisons. This section also contains links to current fuel rates and heating cost estimates for most common heating systems.

Heating Dealers and Builders

  1. One Page Program Summary (pdf, 56 KB).
  2. Print dealer/builder sign-up form (pdf, 91 KB).
  3. Print the application form (pdf, 127 KB).
  4. Complete and sign the sign-up form (one time) and an application for each installation. 
  5. Fax completed forms to 1-866-908-4921, or mail to the address on the application instructions.

Please call 1-866-785-6209 if you have additional questions. Duke Energy reserves the right to change the Smart Saver program requirements and incentives at any time.