Palmetto Electric Cooperative - Buried Treasure Rebate Program

February 17, 2024

Summary

Palmetto Electric Cooperative offers rebates for its members who install ground-source heat pumps (also known as geothermal heat pumps) through the Buried Treasure Rebate Program. Rebates are in the amount of $200 per ton up to a maximum of $1,000 per household. Visit the program website for more information.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: South Carolina
Incentive Type: Rebate Program
Web Site: https://www.palmetto.coop/buried-treasure
Administrator: Palmetto Electric Cooperative
Start Date:
Eligible Renewable/Other Technologies:
  • Geothermal Heat Pumps
  • Heat pumps
Incentive Amount: Heat Pumps (all types): $200 per ton
Maximum Incentive: Geothermal Heat Pumps: $1,000 per household
Dual Fuel Heat Pumps: $700 per household
Installation Requirements: Must be installed by a licensed heat pump contractor

Incentives

This program has 2 incentives
Technologies: Geothermal Heat Pumps
Sectors: Residential
Parameters: The incentive is 200.00 $/ton, The incentive has a minimum of $1000.00
Technologies: Heat pumps
Sectors: Residential
Parameters: The incentive is 200.00 $/ton, The incentive has a minimum of $700.00

Contact

Name: Hampton Office
Organization: Palmetto Electric Cooperative
Address: 1231 Charleston Highway
Hampton SC 29924
Phone: (803) 943-2211
Name: Hilton Head Office
Organization: Palmetto Electric Cooperative
Address: 111 Mathews Dr
Hilton Head Island SC 29925
Phone: (843) 681-5551
Name: New River Office
Organization: Palmetto Electric Cooperative
Address: One Cooperative Way
Hardeeville SC 29927
Phone: (843) 208-5551
Name: Ridgeland Office
Organization: Palmetto Electric Cooperative
Address: 4063 Grays Highway
Ridgeland SC 29936
Phone: (843) 726-5551

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.