Inward Investment Guides
 
Mid-afternoon on a hot summer day — that’s when your business really needs to cool down. Problem is, it’s the same for every other sweltering business and residential electric customer. Too much energy demand on hot afternoons and the power company will need to find or create new sources of electricity, and that costs a lot.

In South Carolina, public power provider Santee Cooper encourages businesses to control their consumption during peak times, without sweating. The solution is a thermal storage unit, a system that makes ice or chilled water at night, then stores it for cooling during the day.

The utility will screen interested businesses to determine if a thermal storage unit might make sense, and will then pay half the cost of an engineering study (up to a $2,500 contribution) to verify the advantages of such a system. On top of that, Santee Cooper will pay a $200 rebate per kilowatt shifted from the daytime into off-peak hours, to help offset the initial cost of the system.

 
X
Save/Share Article
Have questions, comments or concerns about this article? Submit to Ask Area Development here and the author or an expert from our network of site selection and facility planning professionals will answer:
News Items
 
Around The Web
 
Studies/Research
News Items
 
Around The Web
 
Studies/Research
State Resource Map

State News and Insight
Corporate Taxes
Business Incentives
Credits
Grants
Click on any state below

State Resource Sponsor
site selection tools
FacilityLocations
FastFacility
FacilityLocations
FastFacility
FacilityLocations
Learn why FastFacility is the best way to find building or site information. Search Canada Search USA Search USA Search Mexico Search Caribbean Search Europe Search Other Search USA Search USA