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Last Updated January 9, 2024

Program Overview

Category:

Financial Incentive

State:

South Carolina

Incentive Type:

Rebate Program

Administrator:

Aiken Electric Cooperative Inc

Start Date:

N/A

Expiration Date:

01/01/2024

Web Site:

http://www.aikenco-op.org/water-heater/

Applicable Sectors:

Residential

Eligible Renewable/Other Technologies:

Water Heaters, Programmable Thermostats

Summary

Aiken Electric Cooperative offers residential members rebates for installing high-efficiency electric water heaters and/or timers in their homes. Customers have four rebate options: 

  1. A member may choose a free, new high-efficiency 50-gallon or 85-gallon electric water heater from AEC without a timer and pay a $200 installation fee. You can either pay the installation fee up front or take up to 36 months to pay by having a monthly payment amount added to your electric bill. A 9.9% interest rate will apply.
  2. A member may choose a free, new high-efficiency 50-gallon or 85-gallon electric water heater from AEC with a timer and receive free installation AND a $2.50 per month credit for 10 years.
  3. A member may choose to have a timer only installed on their existing 50-gallon or 85-gallon electric water heater and receive a $200 cash payment from AEC and a $2.50 per month credit for 10 years.
  4. For building an ALL Electric, energy-efficient, new construction contract home, the member/buyer/owner will receive $250 cash.

Aiken Electric Co-op's Smart thermostat program gives members a free smart thermostat and installation, and a Wireless router rebate up to $40 if needed.

For more information see web site.