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.