| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | South Carolina |
| Incentive Type: | Loan Program |
| Web Site: | http://www.blueridge.coop/services/heat_loan.html |
| Administrator: | Blue Ridge Electric Cooperative |
| Eligible Renewable/Other Technologies: | Geothermal Heat Pumps |
| Eligible Efficiency Technologies: | Heat pumps |
| Maximum Loan: | Homes: One heat pump: up to $10,000 Two or more heat pumps: up to $15,000 One geothermal heat pump: up to $10,000 Mobile home One heat pump up to $8,000 |
| Loan Term: | Repayment: For loans under $1,500, up to 42 months For loans over $1,500, 60 months |
| Interest Rate: | 7.5% |
Blue Ridge Electric Cooperative (BREC) offers low interest loans to help members finance the purchase of energy efficient heat pumps. Loans under $1,500 can be financed for up to 42 months, and loans above $1,500 can be financed for up to 60 months for houses and 48 months for mobile homes. Homeowners planning to install one heat pump, electric or geothermal can borrow up to $7,500. Homeowners wishing to install two or more heat pumps or one geothermal heat pump can borrow up to $12,000. Mobile Home owners can borrow up to $5000. Qualifying heat pump must have a SEER Rating of 15 or higher for houses and 14 for mobile homes.
Contact BREC for more information on this program.
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Welcome to the Solar QC Website. This site equips homeowners with information regarding the most effective solar products and provides access to expert solar installers and manufacturers. The information listed in the Terms & Conditions provides a list of the services provided by solarqcgroup.com with specific user obligations in reference to content, conduct, company disclaimers, copyright, and privacy. The Terms & Conditions described are designed to protect the users and solarqcgroup.com. By accessing this website, the user automatically agrees with the content of the Terms & Conditions.
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
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