Mid-Carolina Electric Cooperative customers, South Carolina · Loan
On-Bill Financing (Mid-Carolina Electric Cooperative)
Run by Mid-Carolina Electric Cooperative
Mid-Carolina Electric members can finance 100% of a high-efficiency electric water heater, water heater control or smart thermostat, installed, over 12 months on the power bill with no interest or finance charges.
Amounts
How much you get
100% of the device and installation cost, divided into 12 monthly payments on the power bill, with no interest and no finance charges. The page states no dollar limit.
Eligibility
Do I qualify?
You need to meet all 3 of these.
Qualifying Mid-Carolina Electric member (call Member Services to see if you qualify).
Get an authorization number from Mid-Carolina before the device is installed.
What to doCall Member Services at (803) 749-6400 and give the authorization number to a participating contractor.
A participating contractor installs the device.
What to doUse a participating contractor; the device doesn't have to be bought from Mid-Carolina.
Equipment
What equipment counts
Applying
How to apply
You apply by phone. Get approved before you buy anything.
- Call Member Services to see if you qualify.
(803) 749-6400. If you qualify, you get an authorization number.
- Give the authorization number to a participating contractor, who installs the device.
- Sign the finance agreement before the contractor leaves.
The contractor sends it to Mid-Carolina, which pays the contractor in full.
- Pay the cost in 12 monthly installments on your power bill.
Questions about applying(803) 749-6400
Stacking
Use it with
Your address
Next steps
Check that it covers your address. This program has to approve you before you buy anything, so start with the program, not a contractor quote.
Is it available at your address?
Before anything else
Call Member Services at (803) 749-6400 and give the authorization number to a participating contractor.
Your quote request is in If a contractor we work with serves your ZIP, they can contact you. We take one request per person; contact us to change it.
Get an email if this program changes
We'll write if its amount, status or deadline changes. Nothing else.
FAQ
Questions
How much does On-Bill Financing (Mid-Carolina Electric Cooperative) pay?
100% of the device and installation cost, divided into 12 monthly payments on the power bill, with no interest and no finance charges. The page states no dollar limit.
Do I need to be a Mid-Carolina Electric Cooperative customer?
Yes. It’s only for homes in Mid-Carolina Electric Cooperative customers, South Carolina. See Do I qualify for the details.
Do I have to use a contractor?
Yes. A participating contractor installs the device.
Do I need approval before I buy?
Yes. Apply before you buy or install anything; purchases made first don’t qualify. Get an authorization number from Mid-Carolina before the device is installed. Call Member Services at (803) 749-6400 and give the authorization number to a participating contractor.
Is it still available?
Yes. It was open when we last checked, on October 25, 2026.
Plain words
Words used on this page
References
Sources
This page is built from these official pages, run by the program itself.
When one of these pages changes, we re-check this page against it.
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