SC Loan Program

Santee Cooper - Renewable Energy Resource Loans

Administered by Santee Cooper

AI summary · 7/12/2026

Santee Cooper offers low-interest loans up to $40,000 at 4.75% to help you install solar panels, wind systems, micro-hydropower, or biomass equipment—with repayment periods up to 120 months and no early payoff penalties. To get started, complete a loan application online or by mail; Santee Cooper will approve or deny within five business days, and you must work with a Santee Cooper Trade Ally contractor to submit a proposal before installation begins.

Trade Allies can help Santee Cooper customers access renewable energy loans up to $40,000 at 4.75% interest for solar PV, wind, micro-hydro, and biomass projects, with repayment up to 10 years. You'll submit the customer's proposal and rebate application to Santee Cooper's Energy Support Services; once approved, Santee Cooper mails the loan check directly to you after loan documents are processed.

The Renewable Energy Resource Loans program provides up to $40,000 per customer at 4.75% interest for residential solar PV, wind, micro-hydro, and biomass installations, with loan terms up to 120 months. Applications are reviewed within five business days and remain active for 120 days; customers must use a Trade Ally contractor, and loan proceeds are disbursed directly to the installing contractor after full approval and document execution.

Program details

Program ID
2776
Last updated
3/23/2026

Eligibility

Sectors
residential
Technologies
solar water heat solar photovoltaics wind (all) biomass hydroelectric (small)

Program summary

Santee Cooper offers low-interest loans to residential customers who have a licensed contractor install photovoltaic (PV) systems, wind energy systems, micro-hydropower systems, biomass energy systems, or solar water heaters.

Contact & resources

Please verify current program details with the administering agency before making any financial decisions.

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