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Santee Cooper - Smart Energy Loan Program

Last Review: 2013-02-20
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Water Heaters, Heat pumps, Caulking/Weather-stripping, Building Insulation, Windows
Applicable Sectors: Residential
Terms: Vary - Check website (currently at 1.250%)
Energy Efficiency Improvements: up to 60 months
Renewable Energy Resource: up to 120 months
Incentive Amount: Energy Efficient Improvement: 500 - 20,000
Renewable Energy Resource: up to 40,000
Website: https://www.santeecooper.com/portal/page/portal/santeecooper/myhome/smartenergy/smartenergyloans

Summary:

Santee Cooper provides low interest loans to residential customers to improve the efficiency of homes through the Smart Energy loan program. Customers can apply for energy efficient improvement loans ranging from $500 to $20,000 with up to 60-months to repay loans over $1,000. Renewable energy resource loans are also available up to $40,000, with up to 120-months to repay the balance. These loans require no down payment. Combined maximum outstanding loans per customer cannot exceed $40,000.

To qualify for the loan, customers must first schedule a free energy audit with Santee Cooper. The Santee Cooper representative will recommend the most cost effective conservation measures needed for the home. Prior to passing a credit check, customers must complete a loan application for either a Renewable Energy Resource Loan or an Energy Efficiency Loan.


Contact:
Energy Support Services
Santee Cooper
305A Gardner Lacy Road

Myrtle Beach, SC 29579
Phone:(843) 761-8000 Ext.
Phone 2:()
Email: energy.advisor@santeecooper.com
Web site: http://www.santeecooper.com/index.html

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