SouthCarolinaSaves Green Community Loan Program

Program SouthCarolinaSaves Green Community Loan Program
Category Financial Incentive
Implementing sector State
Last Update
State South Carolina
Administrator South Carolina Jobs-Economic Development Authority
Website http://www.energy.sc.gov/files/view/SCSAVESOverview814.pdf
Technologies Solar Thermal Electric, Solar Photovoltaics

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.

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