NRECA Recommends Amendments to the USDA Efficiency Plan
Posted on Oct 9, 2012 in Energy Savings Programs, Innovation/Efficiency, Legislative & Politics | Comments Off on NRECA Recommends Amendments to the USDA Efficiency Plan
The National Rural Electric Cooperative Association (NRECA) has announced its support for the proposed Energy Efficiency and Conservation Loan Program, an Agriculture Department initiative that would fund electric coops to help rural residents with the upfront cost of energy-efficiency upgrades. However, the NRECA caveated this support with a recommendation that the program provide enhanced flexibility and discretion. The program will initially make $250 million available to coops, which would then make microloans to members for efficiency improvements. For more information on the program and how the funding will be made available to coops, click here.
