National rural energy savings legislation clears hurdle

by Ashley Byrd on July 18, 2010

Reported by Matt Long, SCRN

A bill from two South Carolina congressman to help rural Americans save money on their utility bills cleared a hurdle last week.

The U.S. House Agriculture Committee on Wednesday approved legislation sponsored by South Carolina Democrats John Spratt and Jim Clyburn to create the nationwide Rural Energy Savings Program, modeled after a similar idea from the South Carolina Electric Cooperative.

The bill would provide nearly $5 billion for Department of Agriculture to loan money to rural Americans who want to make energy-efficient upgrades to their homes. The improvements would be paid for monthly through the money that customer saved on their utility bill. The loans would range from $1500 to $7,000.

The bill got through the committee on a bipartisan voice vote. It now heads to the floor of the House.

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