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Combined Heat and Power Partnership

ConserFund Loan Program

Date Last Updated11/16/2012
Incentive TypeLoan
State/FederalSC
Incentive Administrator/Contact OfficeSouth Carolina Energy Office
Incentive Initiation Date1/1/2000
Incentive Size and Funding SourceOrganizations may finance one or multiple projects, covering up to 100% of eligible project costs, from $25,000 to $500,000. Loan terms are fixed at the annual rate set below the Wall Street Journal prime rate and are set for 10 years.
Eligible RecipientThe ConserFund Loan Program funds energy efficiency improvements in state agencies, local governments, public colleges and universities, school districts and non-profit organizations.
Eligible FuelDoes Not Specify
Eligible Project Size (MW)Does Not Specify
Minimum Efficiency Required (%)Does Not Specify
Other Selected Eligibility CriteriaThe ConserFund Loan Program will fund a variety of efficiency improvements, but priority is given to projects that have a fast energy savings payback. Generally, ConserFund loans are to be used on retrofits of existing buildings. However, ConserFund may be used to finance energy recovery systems, ground source heat pumps, biomass, solar and other renewable energy systems in new construction facilities. Implementation of the energy efficiency improvement must begin within 6 months of the loan closing and the proposed energy improvement must have long-term cost reductions to qualify.
Application Form(s)Application (PDF) (3 pp, 79.4K)
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