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Pee Dee Electric Cooperative - Energy Efficient Home Improvement Loan Program

Last Review: 2012-04-18
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Heat pumps, Programmable Thermostats, Caulking/Weather-stripping, Building Insulation, Windows, Doors, Geothermal Heat Pumps
Applicable Sectors: Residential
Terms: Rate: 5%
Repayment: up to 72 months
Incentive Amount: 5,000
Website: http://peedeeelectric.com/save-energy/erc-loan.aspx

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.


Contact:
Jeff Singletary
Pee Dee Electric Cooperative
1355 East McIver Road
PO Box 491
Darlington, SC 29540
Phone:(843) 292-4349 Ext.
Phone 2:(843) 292-4345
Email: jsinglet@peedeeelectric.com
Web site: http://www.peedeeelectric.com/

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