Solar & Battery Regulation & Incentive Programs

Palmetto Electric Cooperative - Buried Treasure Rebate Program

Program Overview


Category:
Financial Incentive
Program Type:
Rebate Program
Implementing Sector:
Utility
State:
South Carolina
Eligible Storage Technologies:
Geothermal Heat Pumps, Water Heaters, Heat pumps
Website:
http://www.palmetto.coop/rebates/
Incentive Amount:
Geothermal: $200 per ton
Dual Fuel Heat Pump: $500 per unit
Water Heater: up to $350
Maximum Incentive:
$1,000 per household
Installation Requirements:
Must be installed by a licensed heat pump contractor
Administrator:
Palmetto Electric Cooperative
Applicable Sectors:
Residential
Utility:
Palmetto Electric Coop Inc
Last Updated:
05/02/2019

Eligibility Criteria

EligibilitySectorsTechnologies
$/Unit250.0000
Residential
Geothermal Heat Pumps
max $1000.0000
Residential
Geothermal Heat Pumps
$/Unit500.0000
Residential
Heat pumps
max $350.0000
Residential
Water Heaters

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. Interested members must complete the Buried Treasure Rebate Form with a heat pump contractor and return it to Palmetto prior to the installation of the new system.

For a limited time Palmetto Electric Cooperative is also offering a $500 rebate for Dual-Fuel Heat Pumps.