Santee Cooper - Renewable Energy Resource Loans

May 09, 2023


Santee Cooper offers low-interest loans to residential customers who have a licensed contractor install photovoltaic (PV) systems, wind energy systems, micro-hydropower systems, biomass energy systems, or solar water heaters. 

"A Smart Energy loan from Santee Cooper allows you to finance energy efficient improvements for your home that should help you reduce your energy costs. You can apply for Smart Energy loans ranging from $500 to $20,000 with up to 60-months to repay loans over $1000. All with no money down. Maximum outstanding energy efficiency loans per customer cannot exceed $20,000."

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: South Carolina
Incentive Type: Loan Program
Web Site:
Administrator: Santee Cooper
Start Date: 10/1/2007
Eligible Renewable/Other Technologies:
  • Solar Water Heat
  • Solar Photovoltaics
  • Wind (All)
  • Biomass
  • Hydroelectric (Small)
Maximum Loan: $500 to $20,000
Loan Term: Repayment: up to 60-months
Interest Rate: Rate: variable - check website/currently 6%


Name: Energy Support Services
Organization: Santee Cooper
Address: 305A Gardner Lacy Road
Myrtle Beach SC 29579
Phone: (843) 347-3399

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.