Alternative Fuel Vehicle (AFV) Revolving Loan Program for Public Entities

The South Carolina Energy Office (SCEO) provides low interest loans for a variety of energy efficiency improvements, including AFV conversions and the incremental costs of a new AFV, with qualified project payback periods. Loans may cover up to 100% of project costs, ranging from $25,000 to $500,000 per state fiscal year. Eligible recipients include state agencies, local governments, public colleges and universities, school districts, and private non-profit organizations. State agencies and public educational institutions may combine their loan with a ConserFund Plus grant, which may cover up to 30% of total project costs. For more information, see the ConserFund website.

(Reference South Carolina Code of Laws 48-52-650)