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?
The SC Energy Office’s Mini Grant Program to fund demonstration projects in the areas of energy efficiency, renewable energy, and clean transportation.
Energy Efficiency Revolving Loan Fund Capitalization Grant Program run by the US Department of Energy.
Try out the SC Energy Office’s Energy Saver Tool.
Check out our (non-exhaustive) list of non-federal funding from other sources that may fit your energy and cost-saving goals.
Where can I get more information?
- SC State Energy Office web page on revolving loan fund
- 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.