{"id":688891,"date":"2022-09-26T13:49:02","date_gmt":"2022-09-26T17:49:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses\/"},"modified":"2022-09-26T13:49:02","modified_gmt":"2022-09-26T17:49:02","slug":"duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses\/","title":{"rendered":"Duke Energy&#8217;s North Carolina Charger Prep Credit program reduces cost to install EV chargers in homes, businesses"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<ul type=\"disc\">\n<li>\n          <b>One-time credit helps customers cover the cost of preparing their home for an electric vehicle charger.<\/b>\n        <\/li>\n<li>\n          <b>National Drive Electric Week (NDEW) is <span class=\"xn-chron\">Sept. 23<\/span> \u2013 <span class=\"xn-chron\">Oct. 2<\/span>.<\/b>\n        <\/li>\n<\/ul>\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">CHARLOTTE, N.C.<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Sept. 26, 2022<\/span><\/span> \/PRNewswire\/ &#8212; Duke Energy (NYSE: DUK) is helping defray the cost of electrical upgrades for customers in <span class=\"xn-location\">North Carolina<\/span> who want to install electric vehicle (EV) chargers at their home or business. The company&#8217;s <a href=\"https:\/\/www.duke-energy.com\/home\/products\/ev-complete\/charger-prep-credit\" target=\"_blank\" rel=\"nofollow noopener\">Charger Prep Credit program<\/a> helps cover the cost of EV charging infrastructure by providing a credit for residential or commercial customers in the state who install Level 2 or higher-powered chargers. The one-time credit provided by Duke Energy to cover electrical upgrades for EV charging infrastructure is up to <span class=\"xn-money\">$1,133<\/span> per household.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.jpg\" title=\"(PRNewsfoto\/Duke Energy)\" alt=\"(PRNewsfoto\/Duke Energy)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>&#8220;EVs and zero-carbon transportation should be accessible to everyone, so Duke Energy is helping remove\u00a0financial barriers to EVs for our <span class=\"xn-location\">North Carolina<\/span> customers and simplifying the process to go electric,&#8221; said <span class=\"xn-person\">Stephen De May<\/span>, Duke Energy&#8217;s <span class=\"xn-location\">North Carolina<\/span> president. &#8220;Steps like this, in addition to key grid infrastructure investments we&#8217;re making in support of EVs, will support <span class=\"xn-location\">North Carolina&#8217;s<\/span> Clean Transportation Plan and help meet state emissions reduction goals.&#8221;<\/p>\n<p>As part of the Charger Prep Credit program, residential and non-residential customers can choose their own contractor to perform the improvements in their home or business to prepare for an EV charger.\u00a0Residential customers also have the option to use a Duke Energy-approved contractor. Customers who have already had the preparation work completed may also be eligible to receive a credit if the work was completed within the last 120 days of their final invoice or approved permit.<\/p>\n<p>Upgrades covered by the credit include the installation of wiring and other upgrades that support EV charging \u2013 such as new electric plug-in outlets for a garage or other electrical wiring improvements \u2013 but would exclude the cost of the charging station hardware and software (if needed). Non-residential customers&#8217; credit amounts vary and are based on several factors including charger type, total kW and whether service upgrades are needed.<\/p>\n<div class=\"wcag-arialevel-3\" style=\"font-size: 1.17em;font-weight: bold;text-align: left\" role=\"heading\">\n        <b>Knowledge is power: what to know about EV charging<\/b>\n      <\/div>\n<p>EV chargers come in three different levels \u2013\u00a0 Level 1, Level 2 and DC Fast (DCFC).\u00a0While EVs can be charged with regular household outlets (Level 1) for the typical daily commute, many EV drivers choose to install a faster 220- to 240-volt (Level 2) outlet. A qualified electrician can assess whether an electrical panel has capacity for a Level 2\u00a0<i>charger<\/i>\u00a0and if upgrades are needed.<\/p>\n<p>Most businesses or commercial entities choose to install either Level 2 or DCFC chargers. There are ranges of power output for both Level 2 and DCFC.\u00a0The higher the level of charging, the faster the speed of the charging process.<\/p>\n<p>As customers make plans to prepare their home or business for an electric charger, they should take several factors into consideration. Chargers over 40 amps need to be hardwired and cannot use a dryer plug. Customers should also check with their vehicle manufacturer to ensure that they choose the correct charger for their vehicle&#8217;s battery.<\/p>\n<div class=\"wcag-arialevel-3\" style=\"font-size: 1.17em;font-weight: bold;text-align: left\" role=\"heading\">\n        <b>A charged path forward<\/b>\n      <\/div>\n<p>The week of <span class=\"xn-chron\">Sept. 23<\/span> \u2013 Oct. <span class=\"xn-money\">2 marks<\/span><a href=\"https:\/\/driveelectricweek.org\/\" target=\"_blank\" rel=\"nofollow noopener\">National Drive Electric Week<\/a>\u00a0(NDEW),\u00a0a nationwide celebration to raise awareness of the many benefits of all-electric and plug-in hybrid cars, trucks, motorcycles and more. Coordinated by Plug In America and supported by the National Electric Highway Coalition (NEHC), NDEW educates consumers about the benefits of EVs and offers in-person across the country related to transportation electrification.<\/p>\n<p>&#8220;Duke Energy is investing in an electric future, a modernized power grid, and delivering innovative and reliable energy solutions for our customers as we support the growing U.S. adoption of EVs,&#8221; said <span class=\"xn-person\">Cory Gordon<\/span>, Duke Energy&#8217;s director of transportation electrification. &#8220;We\u00a0will continue to work with stakeholders and other interested parties to actively pursue near-term programs that benefit all Duke Energy customers and make a meaningful environmental impact.&#8221;<\/p>\n<div class=\"wcag-arialevel-3\" style=\"font-size: 1.17em;font-weight: bold;text-align: left\" role=\"heading\">\n        <b>Duke Energy<\/b>\n      <\/div>\n<p>Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in <span class=\"xn-location\">Charlotte, N.C.<\/span>, is one of America&#8217;s largest energy holding companies. Its electric utilities serve 8.2 million customers in <span class=\"xn-location\">North Carolina<\/span>, <span class=\"xn-location\">South Carolina<\/span>, <span class=\"xn-location\">Florida<\/span>, <span class=\"xn-location\">Indiana<\/span>, <span class=\"xn-location\">Ohio<\/span> and <span class=\"xn-location\">Kentucky<\/span>, and collectively own 50,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in <span class=\"xn-location\">North Carolina<\/span>, <span class=\"xn-location\">South Carolina<\/span>, <span class=\"xn-location\">Tennessee<\/span>, <span class=\"xn-location\">Ohio<\/span> and <span class=\"xn-location\">Kentucky<\/span>. The company employs 28,000 people.<\/p>\n<p>Duke Energy is executing an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business and at least a 50% carbon reduction from electric generation by 2030 and net-zero carbon emissions by 2050. The 2050 net-zero goals also include Scope 2 and certain Scope 3 emissions. In addition, the company is investing in major electric grid enhancements and energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear.<\/p>\n<p>Duke Energy was named to Fortune&#8217;s 2022 &#8220;World&#8217;s Most Admired Companies&#8221; list and Forbes&#8217; &#8220;America&#8217;s Best Employers&#8221; list. More information is available at\u00a0<u><a href=\"http:\/\/www.duke-energy.com\/\" target=\"_blank\" rel=\"nofollow noopener\">duke-energy.com<\/a><\/u>. The\u00a0<u><a href=\"http:\/\/news.duke-energy.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Duke Energy News Center<\/a><\/u>\u00a0contains news releases, fact sheets, photos and videos. Duke Energy&#8217;s\u00a0<u><a href=\"http:\/\/illumination.duke-energy.com\/\" target=\"_blank\" rel=\"nofollow noopener\">illumination<\/a><\/u>\u00a0features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on\u00a0<u><a href=\"https:\/\/twitter.com\/dukeenergy\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a><\/u>,\u00a0<u><a href=\"https:\/\/www.linkedin.com\/company\/duke-energy-corporation\" target=\"_blank\" rel=\"nofollow noopener\">LinkedIn<\/a><\/u>,\u00a0<u><a href=\"https:\/\/www.instagram.com\/duke_energy\" target=\"_blank\" rel=\"nofollow noopener\">Instagram<\/a><\/u>\u00a0and\u00a0<u><a href=\"https:\/\/www.facebook.com\/dukeenergy\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a><\/u>.<\/p>\n<p>Duke Energy media contact: <span class=\"xn-person\">Logan Kureczka<\/span><br \/><span>800.559.3853<\/span><\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL84351&amp;sd=2022-09-26\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses-301633358.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses-301633358.html<\/a><\/p>\n<p>SOURCE  Duke Energy<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL84351&amp;Transmission_Id=202209261345PR_NEWS_USPR_____CL84351&amp;DateId=20220926\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire One-time credit helps customers cover the cost of preparing their home for an electric vehicle charger. National Drive Electric Week (NDEW) is Sept. 23 \u2013 Oct. 2. CHARLOTTE, N.C. , Sept. 26, 2022 \/PRNewswire\/ &#8212; Duke Energy (NYSE: DUK) is helping defray the cost of electrical upgrades for customers in North Carolina who want to install electric vehicle (EV) chargers at their home or business. The company&#8217;s Charger Prep Credit program helps cover the cost of EV charging infrastructure by providing a credit for residential or commercial customers in the state who install Level 2 or higher-powered chargers. The one-time credit provided by Duke Energy to cover electrical upgrades for EV charging infrastructure is up to $1,133 per &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Duke Energy&#8217;s North Carolina Charger Prep Credit program reduces cost to install EV chargers in homes, businesses&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-688891","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Duke Energy&#039;s North Carolina Charger Prep Credit program reduces cost to install EV chargers in homes, businesses - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Duke Energy&#039;s North Carolina Charger Prep Credit program reduces cost to install EV chargers in homes, businesses - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire One-time credit helps customers cover the cost of preparing their home for an electric vehicle charger. National Drive Electric Week (NDEW) is Sept. 23 \u2013 Oct. 2. CHARLOTTE, N.C. , Sept. 26, 2022 \/PRNewswire\/ &#8212; Duke Energy (NYSE: DUK) is helping defray the cost of electrical upgrades for customers in North Carolina who want to install electric vehicle (EV) chargers at their home or business. The company&#8217;s Charger Prep Credit program helps cover the cost of EV charging infrastructure by providing a credit for residential or commercial customers in the state who install Level 2 or higher-powered chargers. The one-time credit provided by Duke Energy to cover electrical upgrades for EV charging infrastructure is up to $1,133 per &hellip; Continue reading &quot;Duke Energy&#8217;s North Carolina Charger Prep Credit program reduces cost to install EV chargers in homes, businesses&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-26T17:49:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Duke Energy&#8217;s North Carolina Charger Prep Credit program reduces cost to install EV chargers in homes, businesses\",\"datePublished\":\"2022-09-26T17:49:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses\\\/\"},\"wordCount\":862,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/660545\\\/Duke_Energy_New_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses\\\/\",\"name\":\"Duke Energy's North Carolina Charger Prep Credit program reduces cost to install EV chargers in homes, businesses - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses\/","og_locale":"en_US","og_type":"article","og_title":"Duke Energy's North Carolina Charger Prep Credit program reduces cost to install EV chargers in homes, businesses - Market Newsdesk","og_description":"PR Newswire One-time credit helps customers cover the cost of preparing their home for an electric vehicle charger. National Drive Electric Week (NDEW) is Sept. 23 \u2013 Oct. 2. CHARLOTTE, N.C. , Sept. 26, 2022 \/PRNewswire\/ &#8212; Duke Energy (NYSE: DUK) is helping defray the cost of electrical upgrades for customers in North Carolina who want to install electric vehicle (EV) chargers at their home or business. The company&#8217;s Charger Prep Credit program helps cover the cost of EV charging infrastructure by providing a credit for residential or commercial customers in the state who install Level 2 or higher-powered chargers. The one-time credit provided by Duke Energy to cover electrical upgrades for EV charging infrastructure is up to $1,133 per &hellip; Continue reading \"Duke Energy&#8217;s North Carolina Charger Prep Credit program reduces cost to install EV chargers in homes, businesses\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses\/","og_site_name":"Market Newsdesk","article_published_time":"2022-09-26T17:49:02+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Duke Energy&#8217;s North Carolina Charger Prep Credit program reduces cost to install EV chargers in homes, businesses","datePublished":"2022-09-26T17:49:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses\/"},"wordCount":862,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energys-north-carolina-charger-prep-credit-program-reduces-cost-to-install-ev-chargers-in-homes-businesses\/","name":"Duke Energy's North Carolina Charger Prep Credit program reduces cost to install EV chargers in homes, businesses - 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