There are many ways to improve energy efficiency in your home…better insulation, a new water heater or even our innovative Earth Connect® Geothermal Heat Pump System. But sometimes you don’t have the financial resources readily available for these improvements.

However, through Berkeley Electric Cooperative’s business partnership with Farmers & Merchants Bank of SC you can now apply for an Energy Advance Loan. These loans can help finance energy improvements from storm doors to large appliances and feature competitive interest rates. A simple phone call to your local district office can start the process today or e-mail us for more information.

An online application can also be completed with Farmers & Merchants Bank of SC.  Applications will be submitted to Farmers & Merchants Bank after completing the form. You can also download and submit an application. 

 

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If you have any questions regarding your application contact Farmers and Merchants Bank at (843) 761-8888.

Farmers and Merchants Bank of South Carolina is an Equal Housing Lender / Member FDIC

Member FDIC logo

The Energy Advance program will finance materials and labor for energy improvements to your home or your business. Some of the projects eligible for financing include:

  • Insulation for the attic, ducts, floors, walls, water heater and water piping
  • Storm windows and storm doors
  • Replacement thermal windows and insulated doors
  • Attic ventilation systems
  • Heating and air thermostats
  • High-efficiency electric heat pumps
  • Caulking and weather-stripping
  • Air duct system repair and replacement
  • Continuous electric service with Berkeley Electric Cooperative for at least 12 months
  • Applicant must be the homeowner or business owner
  • Joint ownership requires that all parties complete an application
  • If living in a mobile home, applicant must own the home and the land it sits on
  • Heirs and ET AL properties do not qualify
  • Credit check & project approval
  • Must use approved contractor
  • List of pre-approved contractors may be obtained from any Berkeley Electric or Farmers & Merchants office location

APPLICATION PROCESS

  • Contact your local Berkeley Electric Cooperative district office and ask to speak to a Marketing & Energy Specialist, or apply online. You can also contact Farmers & Merchants Bank to set up an appointment.
  • Complete the Energy Advance loan application fully and return it to one of our district offices or to F&M Bank. If you apply on-line the application is automatically submitted for review.
  • Consult with The Energy ExpertsTM at Berkeley Electric Cooperative about recommended energy upgrades to improve your home’s energy efficiency and comfort.
  • Upon loan approval from F&M Bank, the member must request bids from companies on the Berkeley Electric Approved Contractor list. All work must be completed and the loan closed within thirty (30) days of approval.
  • After you have chosen a contractor, the loan will be closed by a F&M Bank loan officer.
  • Upon completion of the job, Berkeley Electric Cooperative will inspect the contractor’s work to verify projection completion per the Cooperative’s standards and the contractor’s bid form.
  • The check for improvements will be issued once the standards have been satisfied.
  • Sit back in comfort and enjoy your newly improved and energy-efficient home!

ENERGY ADVANCE LOAN TERMS

Energy Advance Loan Terms:

  • $1,000 minimum loan amount
  • $50,000 maximum loan amount
  • Loan terms are a minimum of 12 months (1 year) and a maximum of 120 months (ten years)
  • Loan interest rates are based on loan term and range from 9.00% to 10.50%
  • Loans are calculated on simple interest and there are no prepayment penalties
  • A $50 final inspection fee is required and will be included in the loan amount
  • The current UCC filing and release fees for the county records office are included in the loan amount

What about repayment:

The contractor will be paid once the work is complete to the satisfaction of both the member and Berkeley Electric Cooperative. 

The loan payments will be due directly to F&M Bank.  If the home is sold or the title is transferred, the loan must be paid in full prior to or in the transaction. 

(Download a PDF list)

 

ACTION HEATING & AIR CONDITIONING

DANNY TUTEN  

107 ACTION LANE           

SUMMERVILLE SC 29483               

843-875-2993

www.actionac.us

 

ACUTE HEATING & COOLING      

THOMAS EDWARDS       

1535 HOBBY ST. UNIT 300M        

N. Charleston, SC 29418

843-899-2665

www.acutehvac.com

 

AIR CONCEPT SOLUTIONS            

GREGORY SOWDER        

1609 Royle Road              

SUMMERVILLE, SC  29483             

843-376-7214

www.airconceptsllc.com

 

ATLANTIS HEATING & AIR            

GENE BRENNER

111 GAILLARD ROAD     

MONCKS CORNER SC 29461         

843-761-4273

 

BLANTON’S MECHANICAL & SONS           

JIMMY BLANTON            

6074 NEW ROAD             

RAVENEL, SC 29470         

843-851-7676

www.blantonandsons.com

 

BRIAN'S MECHANICAL, LLC          

BRIAN HUNSTAD             

1106 ALWYN BLVD         

SUMMERVILLE, SC 29485              

843-200-0741

www.briansmech.com

 

C L BRYANT HEATING &AIR         

CARL BRYANT   

1078 SCHURLKNIGHT RD              

ST. STEPHEN, SC 29479  

843-830-4477

 

CLIMATEMAKERS            

JOHN SISON      

4765 Franchise St. Suite A           

N. Charleston, SC 29418

843-552-9024

www.climatemakers.biz

 

CARNES CROSSROADS HEATING & A/C  

JOYCE OR ROD BERTRAM             

128 WINDING ROAD      

MONCKS CORNER   SC   29461    

843-761-3274

 

CAROLINA SUN HEATING & AIR 

MIKE PLATT       

1305-C N. MAIN ST.        

SUMMERVILLE SC 29483               

843-513-2360

www.carolinasunheatingandair.com

 

COASTAL AIR SOLUTIONS            

DALE MORRIS   

409 South Live Oak Drive             

Moncks Corner, SC 29461             

843-868-5745

www.coastalairsolutions.net

 

COASTAL COMFORT SOLUTIONS

SEAN LITTLE       

935 HOOD ST.   

CHARLESTON, SC 29412

843-885-3080

 

CUSTOM CLIMATE          

TOM MADDEN 

P O BOX 2557    

MT. PLEASANT SC 29465               

843-881-3960

www.customclimatehvac.com

 

DAY & NIGHT HEATING & AIR     

ARTHUR BROWN             

6641 MAYBANK HWY    

WADMALAW ISLAND SC 29487  

843-693-3630

 

FOGEL SERVICES              

RANDALL W. FOGEL II    

9561 WILLIAM AIKEN AVE           

LADSON, SC  29456         

843-832-8976

www.fogelservices.com

 

GERMAN HEATING & A/C SERVICE           

WILLIAM GERMANY       

1076 Royle Road

Ladson, SC 29456             

843-821-0485

 

GIBSON ALL AMERICAN HEATING & AIR  MICHEAL GIBSON           

1076 ROYLE RD

LADSON, SC  29456         

843-200-0767

www.gibsonheatandairsc.com

GOODWIN HEATING & AIR          

JAMES GOODWIN           

405 NORTH MAPLE ST. A-6          

SUMMERVILLE, SC 29483              

843-261-6200

 

HOLLY HILL SERVICES     

CAROLL OTT      

P O BOX 129      

HOLLY HILL, SC  29059    

843-899-5066/ (803) 496-2010

 

HORSFORD   HVAC          

THADDEUS HORSFORD 

P O BOX 1391    

ST STEPHEN SC  29479   

843-567-4681

 

J.  W.  LONG MECHANICAL CO INC           

BILLY LONG       

PO BOX 816        

SUMMERVILLE   SC   29483           

843-873-0371

www.jwlongmechanical.com

 

LARRY'S HEATING AC & ELECTRICAL        

LARRY OSBORN

401 McLAURIN AVE.      

SUMMERVILLE, SC 29483              

843-478-6253

 

Morelli Heating & Air     

Anthony Morelli              

2470 Faber Road             

N Charleston, SC  29405

843-554-8600

www.morelliair.com

 

Motte's Mechanical, LLC / Cowart Services          

TIMMY MOTTE 

2579 OSCAR JOHNSON

CHARLESTON SC  29405

843-747-3516

www.mottesmechanical.com

 

OFFICIAL HEATING & AIR 

THEODORE WARING  

129 Anna Bell Ln 

Goose Cree SC 29445              

843-200-7680

 

OLD TOWN HEATING & AIR LLC 

FRANK ALLEN    

321 WINGO WAY STE 103 

MT.  PLEASANT SC 29464              

843-856-1433/875-2252

www.oldetowneheatingandair.com

 

P  &  H  MECHANICAL  INC           

RANDY HILYER  

P O BOX 175 / 196 LAWRENCE DR.           

SUMMERVILLE SC  29483              

843-875-7675

www.pandhmechanical.com

 

PRESTIGE HEATING & AIR            

DAVID BOWEY  

1244 REDBANK RD          

GOOSE CREEK   SC   29445            

843-764-0460

www.prestigeheating-air.com

 

RELIABLE HEATING & AIR LLC      

CHRISTOPHER HOSCH    

101 MOON DANCE LN   

SUMMERVILLE SC 29483               

843-814-0198

www.reliableheatingairllc.com

 

RUDD HOME SERVICES, PLUMBING, HEATING & AIR, LLC    

ROB HODGES          

P O Box 765        

SUMMERVILLE SC 28485               

843-879-3818

www.ruddpros.com

 

SEE'S HEATING & AIR LLC             

SHANNON ELIAS              

116 RED LEAF BLVD        

MONCKS CORNER, SC 29461       

843-729-2524

www.seesheatingandair.com

 

SMITH HEATING & AIR CONDITIONING  

ED YOUNG         

4759 FRANCHISE STREET              

CHARLESTON SC  29418 

843-552-3772

www.smithshvac.com

 

TWEEDY'S HEATING & AIR LLC    

JOHN TWEEDY  

10060 HWY 17 N             

MCCLELLANVILLE SC 29485          

843-887-4247

www.tweedysheatingandair.com

 

VANGUARD AIR CONDITIONING

VAN LEE             

624 ENGLISH OAK CIRCLE            

MONCKS CORNER SC 29461        

843-633-1904

vanguardaire@gmail.com

 

YOUMAS HEATING & AIR                                                       

WILLIE YOUMAS                                                                    

8158 SCOTTSWOOD DR.

NORTH CHARLESTON, SC 29148                                          

843-207-0402

Don’t forget to visit www.EnergyStar.gov for a list of Federal Tax Credits available for home improvements.