What does this funding get me?
This program of the South Carolina Energy Office is administered by the Business Development Corporation of South Carolina. It makes loans for energy efficiency measures primarily to businesses, but nonprofits and government entities are also eligible under certain circumstances. The minimum loan is usually $50,000 and the maximum $1 million, but exceptions can be made.
Am I eligible?
Geared toward SC businesses, but also open to SC nonprofits and government agencies under certain circumstances.
How can I access the money?
Read the requirements on the state web page. Then contact Nat Green, Senior Vice President & SSBCI Lending Officer, Business Development Center of SC, 803-744-0309, NGreen@BDCofSC.org.
What is the timeline?
Applications are accepted on an ongoing basis.
What other incentives could I use to help me accomplish my goals?
Check out the energy efficiency revolving loan program run by the U.S. Department of Energy.
Try out the state’s Energy Saver Tool.
Check the Database of State Incentives for Renewables & Efficiency (DSIRE) for additional incentives that may be offered by your state, local government, or utility, as well as important federal, state, and local policies. For questions regarding DSIRE, contact Justin Lindemann (NC Clean Energy Technology Center) at jplindem@ncsu.edu.
Where can I get more information?
- State web page
- Business Development Center (BDC) web page
- Contact Nat Green at the Business Development Center: 803-744-0309, NGreen@BDCofSC.org.
- For more assistance or extra questions, contact Priscilla Preston at info@energyfundsforall.org.