Southeastern Electric Cooperative - Electric Equipment Loan Program

Southeastern Electric Coop Inc residential energy efficiency rebate program

program summary

Southeastern Electric Cooperative is a member-owned electric cooperative that serves customers in the southeastern part of South Dakota. Southeastern offers a loan program for customers who want to install energy efficient heating and cooling systems in homes or businesses. Loans are also available for those who want to install weatherization measures, such as storm doors, insulation or caulking.

Loans are available at a 5% interest rate for the following:

Geothermal, air-to-air heat pumps, or electric heat up to $10,000 for 7 years.
Geothermal, air-to-air heat pumps, or electric heat under $5,000 financed for 5 years.
Weatherization & insulation up to $3,000 for 5 years.

For loan application forms, see the program website above.

eligible technologies

Geothermal Electric, Geothermal Heat Pumps, Heat pumps, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors

website

https://southeasternelectric.com/member-rebates-incentives/#loans

program administrator

Southeastern Electric Cooperative

list of rebates

Geothermal Electric - Maximum rebate of $10000

program notes

May 4, 2015: No changes to policy.
August 10, 2017: Annual review; no changes to program. Updated website.
December 6, 2018: No changes.
July 31, 2020: Annual review, small changes.
June 23, 2023: Annual review, no updates to incentive. Fixed broken URL.

What cities does Southeastern Electric Coop Inc cover?

The following cities are in the Southeastern Electric Coop Inc service area. However, this program may not be available in every city. Check the program website for details.: Alcester, Alexandria, Beresford, Brandon, Bridgewater, Canton, Centerville, Chancellor, Davis, Delmont, Dimock, Emery, Ethan, Freeman, Harrisburg, Hartford, Hawarden, Hills, Hudson, Humboldt, Hurley, Inwood, Irene, Larchwood, Lennox, Lesterville, Marion, Menno, Olivet, Parker, Parkston, Scotland, Sioux Falls, Tea, Tripp, Valley Springs, Viborg, Wakonda, Worthing