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South Carolina

South Carolina

Incentives/Policies for Energy Efficiency

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Pee Dee Electric Cooperative - Energy Efficient Home Improvement Loan Program   

Last DSIRE Review: 04/18/2012
Program Overview:
State: South Carolina
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Heat pumps, Programmable Thermostats, Caulking/Weather-stripping, Building Insulation, Windows, Doors, attic ventilation
Eligible Renewable/Other Technologies: Geothermal Heat Pumps
Applicable Sectors: Residential
Amount:$5,000
Maximum Incentive:$5,000
Terms:Rate: 5%
Repayment: up to 72 months
Web Site: http://peedeeelectric.com/save-energy/erc-loan.aspx
Summary:

Pee Dee Electric Cooperative offers financing for members through the Energy Efficient Home Improvement Loan Program. Loans of up to $5,000, with repayment periods up to 72 months, can be used for a number of measures including:

  • insulation for the attic, ducts, floors, walls, water heater and water piping
  • storm windows and doors
  • replacement thermal windows and insulated doors
  • attic ventilation systems
  • clock/programmable thermostats
  • high efficiency electric heat pumps
  • dual fuel systems (heat pump/fossil fuel combined systems)
  • ground source heat pumps
  • electric thermal storage
  • caulking and weatherstripping

Members must first have a PDEC marketing representative conduct a home energy audit, a credit check, and project approval. After the audit, the marketing representative will recommend improvements that will make the home more energy efficient and provide an application for the loan.


 
Contact:
  Jeff Singletary
Pee Dee Electric Cooperative
1355 East McIver Road
PO Box 491
Darlington, SC 29540
Phone: (843) 292-4349
Phone 2: (843) 292-4345
Fax: (843) 669-7931
E-Mail: jsinglet@peedeeelectric.com
Web Site: http://www.peedeeelectric.com/
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.