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Rural Energy Savings Program Act
The House passed the H.R. 4785 “Rural Energy Savings Program Act,” which makes Rural Utilities Service (RUS) funds available to electric cooperatives in order to finance consumer energy efficiency improvements. The bill also includes a loan program to be administered by the Department of Energy. Typical consumer loans will be $1,500 to $7,000, and will cover sealing, insulation, HVAC systems, boilers, roofs and other improvements that the utility has demonstrated to RUS will produce sufficient savings. The bill has moved to the Senate for consideration.
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