U.S. Department of Energy | Office of Energy Efficiency and Renewable Energy U.S. Department of Energy Office of Energy Efficiency and Renewable Energy

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

The South Carolina Business Development Corporation provides low interest loans for a variety of energy efficiency improvements, including AFV conversions and incremental costs, with qualified project payback periods. Eligible recipients include businesses and industries. Utilities, non-profit organizations, and government entities may be eligible under special conditions. The loan may cover up to 100% of the project costs, ranging from $50,000 to $1 million. Repayment terms vary. For more information, including application deadlines, see the Energy Efficiency Revolving Loan website.

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

Jurisdiction: South Carolina

Type: State Incentives

Enacted: Jul 1, 1992

Technologies: Aftermarket Conversions, Biodiesel, Ethanol, EVs, HEVs, Hydrogen Fuel Cells, Natural Gas, PHEVs, Propane (LPG)

See all South Carolina Laws and Incentives.