Duke Energy Florida has introduced a new incentive program for multifamily builders, offering a $500 rebate per metered unit that achieves ENERGY STAR certification. Builders can also access an additional $500 tax credit from ENERGY STAR, bringing the total potential benefit to $1,000 per qualifying unit.
To qualify for the rebate, builders must submit an Energy Star Homes Programs Intake Form, register as a Duke Energy Trade Ally, complete the ENERGY STAR certification requirements with verification, and provide proof of certification for each unit to receive payment.
The initiative is open to new construction projects including condos, apartments, duplexes, and townhomes. The program aims not only to support builders but also to help future residents save on energy costs. 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 efficiency.
Beazer Homes is the first builder participating in the program through Duke Energy Florida. The company is developing two townhome communities in Oviedo—Aulin Square and Towns at Greenleaf—which will offer a combined total of 85 ENERGY STAR-certified homes in central Florida.
“Multifamily new construction is increasing drastically in many of Duke Energy Florida’s service areas,” said Melissa Seixas, Duke Energy Florida state president. “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.”
“Utility costs are a critical piece of the equation for housing affordability, but that is just the start of benefits for customers,” said Steve Cervino, Beazer Homes area president. “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 area in Florida and operates 12,300 megawatts of energy capacity. Its parent company Duke Energy (NYSE: DUK), based in Charlotte, North Carolina, supplies electricity to 8.4 million customers across six states and owns 54,800 megawatts of capacity nationwide. The company continues investing in grid upgrades and cleaner generation technologies as part of its broader energy transition strategy.
For further details or enrollment information regarding the incentive program for qualifying multifamily new construction builders, interested parties are encouraged to visit Duke Energy’s website or contact their representatives.
