South Carolina Incentives/Policies for Energy Efficiency |
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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
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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.
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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.
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