$13 million could help you save money
Article was added on Tuesday, May 16, 2017
The U.S. Department of Agriculture has awarded a $13 million
loan that secures energy efficiency upgrade funding for Santee
Electric and six other South Carolina electric cooperatives. The
zero-interest loan to S.C. co-ops and a $1 million loan to an Ohio
group are the first two awards from the new Rural Energy Savings
Program (RESP), which is being provided through the Electric
Program of USDA's Rural Utilities Service. RESP was introduced in
congress by Rep. Jim Clyburn (SC - 6th District) and
passed as part of the 2014 Farm Bill.
Santee Electric co-op applied for the loan so that it could
explore launching a Help My House® residential
weatherization program for its members. The other six electric
co-ops that applied for the RESP loan are either already operating
or interested in launching Help My House programs. The Help My
House model offers low-interest loans to consumers to make home
energy efficiency improvements that reduce their energy use.
To determine if homes qualify for the program, the co-op uses
initial testing and computer modeling to identify which
improvements are needed and to help ensure savings from those
improvements will cover monthly loan payments.
"We want to do the right thing for our members," said Rob Ardis,
CEO of Santee Electric Co-op. "We're delighted to have secured this
RESP funding. Now we can finish evaluating the staffing and other
resources that will be required to launch a successful Help My
To date, Help My House programs have weatherized nearly 640
homes served by South Carolina's consumer-owned electric
co-ops. A 2016 analysis of energy savings in the first 125
homes weatherized by Help My House showed they were saving an
average of more than 30 percent on energy use.
Call Santee Electric Co-op at 1-800-922-1604 to see if this
program can help your house.
<< Back to the News and Press Listing