Aiken Electric Cooperative Inc - Residential Energy Efficiency Rebate Program

January 09, 2024

Summary

Aiken Electric Cooperative offers residential members rebates for installing high-efficiency electric water heaters and/or timers in their homes. Customers have four rebate options:

A member may choose a free, new high-efficiency 50-gallon or 85-gallon electric water heater from AEC without a timer and pay a $200 installation fee. You can either pay the installation fee up front or take up to 36 months to pay by having a monthly payment amount added to your electric bill. A 9.9% interest rate will apply.
A member may choose a free, new high-efficiency 50-gallon or 85-gallon electric water heater from AEC with a timer and receive free installation AND a $2.50 per month credit for 10 years.
A member may choose to have a timer only installed on their existing 50-gallon or 85-gallon electric water heater and receive a $200 cash payment from AEC and a $2.50 per month credit for 10 years.
For building an ALL Electric, energy-efficient, new construction contract home, the member/buyer/owner will receive $250 cash.

Aiken Electric Co-op's Smart thermostat program gives members a free smart thermostat and installation, and a Wireless router rebate up to $40 if needed.

For more information see web site.

Program Overview

Implementing Sector:	Utility
Category:	Financial Incentive
State:	South Carolina
Incentive Type:	Rebate Program
Web Site:	http://www.aikenco-op.org/water-heater/
Administrator:	Aiken Electric Cooperative Inc
Start Date:
Eligible Renewable/Other Technologies:	Water Heaters Programmable Thermostats
Incentive Amount:	Free high efficiency water Heater; $200 installation fee Water heater and timer with normal installation: $2.50 credit for 10 years Timer only: $200 cash payment and $2.50 credit for 10 years New construction contract home: $250

Incentives

This program has 1 incentives

Technologies:	Water Heaters, Programmable Thermostats
Sectors:	Residential
Parameters:	The incentive is 100.00 % of cost

Contact

Name:	Aiken Electric Cooperative
Organization:	Aiken Electric Cooperative
Address:	PO Box 417 Aiken SC 29802
Phone:	(803) 649-6245

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.