| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | South Carolina |
| Incentive Type: | Loan Program |
| Web Site: | http://www.energy.sc.gov/files/view/SCSAVESOverview814.pdf |
| Administrator: | South Carolina Jobs-Economic Development Authority |
| Funding Source: | Qualified Energy Conservation Bonds issued by the SC Jobs-Economic Development Authority (JEDA) |
| Eligible Renewable/Other Technologies: | Solar Thermal Electric, Solar Photovoltaics, Wind (All), Biomass, Combined Heat & Power |
| Eligible Efficiency Technologies: | Lighting, Lighting Controls/Sensors, Furnaces, Air conditioners, Building Insulation, Comprehensive Measures/Whole Building, Custom/Others pending approval, Other EE |
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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| kw System size | years Payback period | Lifetime savings |
No money down, 100% finance is available.
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A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
