Southeastern Electric Cooperative is a member-owned electric cooperative that serves customers in the southeastern part of South Dakota. Southeastern offers a loan program for customers who want to install energy efficient heating and cooling systems in homes or businesses. Loans are also available for those who want to install weatherization measures, such as storm doors, insulation or caulking.
Loans are available at a 5% interest rate for the following:
For loan application forms, see the program website above.
| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | South Dakota |
| Incentive Type: | Loan Program |
| Web Site: | https://southeasternelectric.com/member-rebates-incentives/#loans |
| Administrator: | Southeastern Electric Cooperative |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Maximum Loan: |
Heat Pumps/Electric Heat: Up to $10,000 Weatherization/Insulation: $3,000 |
| Loan Term: |
All Heat Pumps/Electric Heat: 7 years (loans over $5,000); 5 years (loans under $5,000) Weatherization/Insulation: 5 years |
| Interest Rate: | 5% |
| Technologies: | Geothermal Electric, Geothermal Heat Pumps, Heat pumps, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors |
| Sectors: | Commercial, Industrial, Residential, Agricultural |
| Parameters: | The incentive has a minimum of $10000.00, The incentive has a maximum of 3000.00 $/Unit |
| Name: | Customer Service - |
| Organization: | Southeastern Electric Cooperative |
| Address: |
SD |
| Phone: | (800) 333-2859 |
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.
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