Berkeley Electric Cooperative - HomeAdvantage Efficiency Loan Program (South Carolina)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place South Carolina

Name Berkeley Electric Cooperative -HomeAdvantage Efficiency Loan Program
Incentive Type Utility Loan Program
Applicable Sector Residential
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
Active Incentive Yes

Implementing Sector Utility
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
Website http://www.becsc.com/index.cfm?page=lp&id=223&sp=197
Date added to DSIRE 2006-09-15
Last DSIRE Review 2012-05-08



References DSIRE[1]


Summary

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.


Incentive Contact

Contact Name Customer Service - Berkeley
Department Berkeley Electric Cooperative

Address 414 Highway 52 North
Address 2 PO Box 1234
Place Moncks Corner, South Carolina
Zip/Postal Code 29461
Phone (843) 761-8200
Phone 2 (843) 825-3383


Website http://www.becsc.com/
     
     


















  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"