Pee Dee Electric Cooperative - Energy Efficient Home Improvement Loan Program (South Carolina)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place South Carolina

Name Pee Dee Electric Cooperative - Energy Efficient Home Improvement Loan Program
Incentive Type Utility Loan Program
Applicable Sector Residential
Eligible Technologies Building Insulation, Caulking/Weather-stripping, Doors, Heat pumps, Programmable Thermostats, Windows, Geothermal Heat Pumps, attic ventilation
Active Incentive Yes

Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs
Amount $5,000















Maximum Incentive $5,000









Terms Rate: 5%
Repayment: up to 72 months
Program Administrator Pee Dee Electric Cooperative
Website http://peedeeelectric.com/save-energy/erc-loan.aspx
Date added to DSIRE 2006-08-31
Last DSIRE Review 2012-04-18



References DSIRE[1]


Summary

Pee Dee Electric Cooperative offers financing for members through the Energy Efficient Home Improvement Loan Program. Loans of up to $5,000, with repayment periods up to 72 months, 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
  • electric thermal storage
  • 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.


Incentive Contact

Contact Name Jeff Singletary
Department Pee Dee Electric Cooperative

Address 1355 East McIver Road
Address 2 PO Box 491
Place Darlington, South Carolina
Zip/Postal Code 29540
Phone (843) 292-4349
Phone 2 (843) 292-4345

Email jsinglet@peedeeelectric.com
Website http://www.peedeeelectric.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)"