Pee Dee Electric Cooperative - Energy Resource Conservation Loan Program

Program Pee Dee Electric Cooperative - Energy Resource Conservation Loan Program
Category Financial Incentive
Implementing sector Utility
Last Update
State South Carolina
Administrator Pee Dee Electric Cooperative
Website http://peedeeelectric.com/save-energy/erc-loan.aspx
Sectors Residential

Pee Dee Electric Cooperative offers financing for members through the Energy Efficient Home Improvement Loan Program. Loans of up to $5,000 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
  • 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.

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