Palmetto Electric Cooperative - Buried Treasure Rebate Program

Last updated: May 02, 2019

Program Overview

Implementing Sector:Utility
Category:Financial Incentive
State:South Carolina
Incentive Type:Rebate Program
Web Site:http://www.palmetto.coop/rebates/
Administrator:Palmetto Electric Cooperative
Utilities:Palmetto Electric Coop Inc
Eligible Renewable/Other Technologies:Geothermal Heat Pumps
Eligible Efficiency Technologies:Heat pumps
Incentive Amount:Geothermal: $200 per ton Dual Fuel Heat Pump: $500 per unit Water Heater: up to $350
Maximum Incentive:$1,000 per household
Installation Requirements:Must be installed by a licensed heat pump contractor

Incentives

Technologies:Geothermal Heat Pumps
Sectors:Residential
Parameters:The incentive is 250.00 $/Unit, The incentive has a maximum of $1000.00
Technologies:Heat pumps
Sectors:Residential
Parameters:The incentive is 500.00 $/Unit
Technologies:Water Heaters
Sectors:Residential
Parameters:The incentive has a maximum of $350.00

Summary

Palmetto Electric Cooperative offers rebates for its members who install ground-source heat pumps (also known as geothermal heat pumps) through the Buried Treasure Rebate Program. Rebates are in the amount of $200 per ton up to a maximum of $1,000 per household. Interested members must complete the Buried Treasure Rebate Form with a heat pump contractor and return it to Palmetto prior to the installation of the new system.

For a limited time Palmetto Electric Cooperative is also offering a $500 rebate for Dual-Fuel Heat Pumps.

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