| 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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