SouthCarolinaSaves Green Community Loan Program

SC Loan Program commercial industrial local government state government tribal government institutional

Administered by: South Carolina Jobs-Economic Development Authority

Program Details

Program ID: 5519
Last Updated: 1/8/2020

Eligibility

Eligible Sectors

commercial industrial local government state government tribal government institutional

Eligible Technologies

solar thermal electric solar photovoltaics wind (all) biomass combined heat & power lighting lighting controls/sensors furnaces air conditioners building insulation comprehensive measures/whole building custom/others pending approval other ee

Program Summary

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.

Contact & Resources

Additional Resources

http://www.energy.sc.gov/files/view/SCSAVESOverview814.pdf

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