Palmetto Electric Cooperative - Buried Treasure

February 25, 2003

Summary

Palmetto Electric Cooperative offers a rebate for ground-source geothermal heat pumps. The program, which began in 1990, is available only to the cooperative’s residential customers. The rebate amounts to $200 per ton for either conversions from existing electric heating equipment or new installations of geothermal heat pumps. Participants may receive a maximum rebate of $1,000. In order to maximize the program's publicity, Palmetto Electric promotes the program to dealers who install heat pumps.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: South Carolina
Incentive Type: Rebate Program
Web Site: http://www.palelec.com
Administrator: Palmetto Electric Cooperative
Start Date:
Eligible Renewable/Other Technologies:
  • Geothermal Heat Pumps
Incentive Amount: $200 per ton; $1,000 maximum

Contact

Name: Parrish Neville
Organization: Palmetto Electric Cooperative
Address: PO Box 23619
Hilton Head SC 29925
Phone: (843) 681-5551
Email: pneville@palelec.com

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.