Berkeley Electric Cooperative - HomeAdvantage Efficiency Loan Program (South Carolina)
This is the approved revision of this page, as well as being the most recent.
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Berkeley Electric Cooperative -HomeAdvantage Efficiency Loan Program|
|Incentive Type||Utility Loan Program|
|Eligible Technologies||Building Insulation, Caulking/Weather-stripping, Central Air conditioners, Comprehensive Measures/Whole Building, Custom/Others pending approval, Doors, Duct/Air sealing, Equipment Insulation, Heat pumps, Lighting, Roofs, Water Heaters, Windows, Unspecified technologies, Geothermal Heat Pumps, Other unspecified home improvements|
|Energy Category||Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs|
|Amount||HomeAdvantage Loans: $15,000|
|Terms|| HomeAdvantage Rate: 5%
HomeAdvantage Repayment: up to 6 years in most cases
|Program Administrator||Berkeley Electric Cooperative|
|Date added to DSIRE||2006-09-15|
|Last DSIRE Review||2012-05-08|
Berkeley Electric Cooperative provides HomeAdvantage Loans to qualifying homeowners for energy efficiency upgrades to residences. Measures typically include air infiltration measures, insulation measures, duct work leakage, air flow improvement and HVAC system upgrades. Loans of up to $15,000 are available through this offering and must produce a reasonable return on investment as determined by Berkeley Electric Cooperative. Typically, measures must produce adequate savings to repay the loan within 6 years. The program web site contains a loan calculator that interested customers can use to determine a projected monthly loan payment. Contact BEC for information on the program or visit the program web site listed above.
|Contact Name||Customer Service - Berkeley|
|Department||Berkeley Electric Cooperative|
|Address||414 Highway 52 North|
|Address 2||PO Box 1234|
|Place||Moncks Corner, South Carolina|
|Phone 2||(843) 825-3383|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.