SouthCarolinaSaves Green Community Loan Program (South Carolina)
Last modified on December 17, 2014.
Financial Incentive Program
|Name||SouthCarolinaSaves Green Community Loan Program|
|Incentive Type||State Loan Program|
|Applicable Sector||Commercial, Industrial, Local Government, State Government, Tribal Government, Institutional|
|Eligible Technologies||Lighting, Lighting Controls/Sensors, Furnaces, Central Air conditioners, Building Insulation, Comprehensive Measures/Whole Building, Custom/Others pending approval, Solar Thermal Electric, Photovoltaics, Wind, Biomass, CHP/Cogeneration|
|Energy Category||Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs|
|Amount||50,0000 - 5,000,000|
|Funding Source||Qualified Energy Conservation Bonds issued by the SC Jobs-Economic Development Authority (JEDA)|
|Terms||15 year payback period|
|Program Administrator||South Carolina Jobs-Economic Development Authority|
|Date added to DSIRE||2014-08-14|
|Last DSIRE Review||2014-08-21|
|References||DSIREDatabase of State Incentives for Renewables and Efficiency|
The SouthCarolinaSAVES™ Green Community Loan Program affords low cost financing to South Carolina governmental, institutional, and commercial and industrial properties for qualified conservation measures, including lighting, HVAC, controls, envelope, process improvement upgrades, solar photovoltaic systems, and LNG/CNG or propane fleet conversions. A below market rate is enabled through the use of Qualified Energy Conservation Bonds allocated by the South Carolina Energy Office and issued through the South Carolina Jobs-Economic Development Authority (JEDA).
Projects are eligible to receive between $500,000 and $5,000,000 of low cost financing and must have a payback period of 15 years.
For more information about the SCSAVES program click here.
|Contact Name||Greg Montgomery|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.