Blue Ridge Electric Cooperative - Heat Pump Loan Program (South Carolina)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place South Carolina

Name Blue Ridge Electric Cooperative - Heat Pump Loan Program
Incentive Type Utility Loan Program
Applicable Sector Residential
Eligible Technologies Heat pumps, Geothermal Heat Pumps
Active Incentive Yes

Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs
Amount $500 - $12,000















Maximum Incentive 12,000









Terms Rate: 7.5%
Repayment: up to 60 months
Program Administrator Blue Ridge Electric Cooperative
Website http://www.blueridge.coop/services/heat_loan.html
Date added to DSIRE 2006-08-31
Last DSIRE Review 2012-04-18



References DSIRE[1]


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.


Incentive Contact

Contact Name Anderson Office
Department Blue Ridge Electric Cooperative

Address 1212 North Fant Street

Place Anderson, South Carolina
Zip/Postal Code 29622
Phone (864) 878-6326
Phone 2 (800) 240-3400


Website http://www.blueridge.coop/
Contact Name Greenville Office
Department Blue Ridge Electric Cooperative

Address 3751 Highway 11

Place Travelers Rest, South Carolina
Zip/Postal Code 29690
Phone (864) 647-2005
Phone 2 (800) 240-3400


Website http://www.blueridge.coop/
Contact Name Oconee Office
Department Blue Ridge Electric Cooperative

Address 2328 Sandifer Blvd

Place Westminster, South Carolina
Zip/Postal Code 29693
Phone (864) 647-2005
Phone 2 (800) 240-3400


Website http://www.blueridge.coop/
Contact Name Pickens Office
Department Blue Ridge Electric Cooperative

Address 734 West Main Street
Address 2 PO Box 277
Place Pickens, South Carolina
Zip/Postal Code 29671

Phone 2 (800) 240-3400


Website http://www.blueridge.coop/

















  • 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)"