Duke Energy Florida launches ENERGY STAR® multifamily new construction incentive

• Multifamily builders are now eligible for a $1,000 rebate per metered unit that meets or exceeds ENERGY STAR standards, including a rebate of $500 through the Duke Energy Florida incentive program and an additional $500 tax credit from ENERGY STAR

• Beazer Homes is the first builder to participate in the incentive program through Duke Energy Florida

ST. PETERSBURG, Fla. - Duke Energy Florida has launched a new ENERGY STAR incentive program, enabling multifamily builders to receive a $500 credit for each individually metered unit which meets ENERGY STAR certification criteria. The incentive can be combined with an additional $500 tax credit from ENERGY STAR.

How it works

To receive the rebate, builders will need to:

While the program provides immediate benefit to builders, it also enables future residents to save money through energy efficient upgrades. Homes and apartments that earn the ENERGY STAR certification are at least 10% more energy efficient than homes built to code and achieve a 20% improvement on average.

The program is available to multifamily new construction builders of condos, apartments, duplexes and townhomes.

Current builder participation

The ENERGY STAR incentive program launches with its first new construction partner, Beazer Homes. The Orlando-area builder is actively developing two townhome communities in Oviedo: Aulin Square and Towns at Greenleaf, offering a total of 85 ENERGY STAR-certified homes in central Florida.

What they're saying

"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," says 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."

For additional information or to enroll in the incentive program for qualifying multifamily new construction builders, please click here.

Duke Energy Florida

Duke Energy Florida, a subsidiary of Duke Energy, owns 12,300 megawatts of energy capacity, supplying electricity to 2 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida.

Duke Energy

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 54,800 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky.

Duke Energy is executing an ambitious energy transition, keeping customer reliability and value at the forefront as it builds a smarter energy future. The company is investing in major electric grid upgrades and cleaner generation, including natural gas, nuclear, renewables and energy storage.

More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on X, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition.

Contact: Laitin Sterling
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