February 10, 2012

Spratt pushes through funding to help electric co-ops

A federal Energy and Water Appropriations Bill passed the U.S. House with a strong vote late last week. In it is a change that electric cooperatives in the state say will hold down electric bills.
South Carolina’s Electric Cooperatives and those across the nation credit Congressman John Spratt with that change…to provide stable funding for Power Marketing Administrations (PMAs). Many rural co-ops buy this energy, which comes from Hydro electric stations at lakes …like Lake Russell and Thurmond on the Savannah River.

Mike Couick, CEO of The Electric Cooperatives of South Carolina, Inc., said, “We’ve been seeking this funding change for many years, and we’re grateful that Congressman Spratt was able to get it in this legislation.”

The bill that passed the House also invests in new fuel technologies, new Smart grid development, increases funds for weatherization grants for homeowners, and  invests in the water infrastructure of communities.

The measure also provides $787 million for nuclear energy research and development, including $105 million for a public-private cooperative program supporting the construction of new nuclear power plants.

Congressman Spratt says the Energy and Water Appropriations Act (H.R. 3183) spurs innovation “to generate American-made energy from solar to biofuels, and reducing our dependence on foreign oil, we will put our economy on sound footing.”

Defense Department extends housing help to its own

The Department of Defense will be helping its own to keep their homes. It says it will temporarily expand its Homeowners Assistance Program.  Using $555 million in stimulus act funds, this program partially reimburse eligible military personnel, surviving spouses, and federal civilian employees whose service to the nation has required them to relocate and sell their primary residence at a loss.

Potential eligible personnel include active and former service members of the Army, Navy, Marine Corps, Air Force, and Coast Guard; civilian employees of the DoD, Coast Guard, and non-appropriated fund activities; and surviving spouses of both fallen service members and civilian employees. 

Through this  program, the department has provided assistance mainly at base realignment  and closure sites where government action caused a decrease in market home values.  The Defense Department says while it does not cover  100 percent of a home’s lost value, it can help protect their workers and their families from financial catastrophe due to significant losses in their home values.