South Carolina Incentives/Policies for Renewables & 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 |
| Eligible Renewable/Other Technologies: |
Geothermal Heat Pumps |
| Applicable Sectors: |
Residential |
| Amount: | $500 - $12,000 |
| Maximum Incentive: | $12,000 |
| Terms: | Rate: 7.5% Repayment: up to 60 months |
| Web Site: |
http://www.blueridge.coop/services/heat_loan.html
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Summary:
Blue Ridge Electric Cooperative (BREC) offers low interest loans to help members finance the purchase of energy efficient heat pumps. Loans under $1,500 can be financed for up to 42 months, and loans above $1,500 can be financed for up to 60 months for houses and 48 months for mobile homes. Homeowners planning to install one heat pump, electric or geothermal can borrow up to $7,500. Homeowners wishing to install two or more heat pumps or one geothermal heat pump can borrow up to $12,000. Mobile Home owners can borrow up to $5000. Qualifying heat pump must have a SEER Rating of 13 or higher. Contact BREC for more information on this program.
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Contact:
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Anderson Office
Blue Ridge Electric Cooperative
1212 North Fant Street
Anderson, SC 29622
Phone: (864) 878-6326
Phone 2: (800) 240-3400
Web Site: http://www.blueridge.coop/
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Greenville Office
Blue Ridge Electric Cooperative
3751 Highway 11
Travelers Rest, SC 29690
Phone: (864) 647-2005
Phone 2: (800) 240-3400
Web Site: http://www.blueridge.coop/
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Oconee Office
Blue Ridge Electric Cooperative
2328 Sandifer Blvd
Westminster, SC 29693
Phone: (864) 647-2005
Phone 2: (800) 240-3400
Web Site: http://www.blueridge.coop/
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Pickens Office
Blue Ridge Electric Cooperative
734 West Main Street
PO Box 277
Pickens, SC 29671
Phone 2: (800) 240-3400
Web Site: http://www.blueridge.coop/
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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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