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IncentivesMap
South DakotaLoan Program

Southeastern Electric Cooperative - Electric Equipment Loan Program

You getUp to $10000
Apply on official siteView on DSIRE

Quick facts

Incentive type
Loan Program
Amount
Up to $10000
Administrator
Southeastern Electric Cooperative
Funding source
Rural Electric Economic Development (REED) Fund
Applies to
Utility, Commercial, Residential
Technologies
Geothermal Electric, Geothermal Heat Pumps, Heat pumps, Building Insulation

Dates

Source last updated
June 23, 2025

About this incentive

Southeastern Electric offers low-interest loan programs to support rural economic development and help members invest in energy-efficient electric heating, cooling, and home improvements. Through its partnership with the Rural Electric Economic Development (REED) Fund, financing is available for new or expanding businesses and community projects in rural areas. Members can also access affordable loans for geothermal and air-to-air heat pumps, electric heat systems, and weatherization upgrades like insulation, windows, and doors. All loans are subject to credit checks, board approval, and require mortgage collateral, with payments made via automatic bank withdrawal. For more information, contact Southeastern Electric at 1-800-333-2859.

Data updated . Always confirm details on the official program website before applying. Programs change frequently.