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Last Updated May 14, 2024

Program Overview

Category:

Financial Incentive

State:

South Carolina

Incentive Type:

Loan Program

Administrator:

Pee Dee Electric Cooperative

Start Date:

N/A

Expiration Date:

N/A

Web Site:

https://www.pdec.com/energy-center/erc-loan/

Applicable Sectors:

N/A

Eligible Renewable/Other Technologies:

N/A

Summary

Pee Dee Electric Cooperative offers financing for members through the Energy Efficient Home Improvement Loan Program. Loans of up to $7,500 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
  • 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.