Advisory: A Rural Energy Savings Program
THIRD WAY JOINS BIPARTISAN BICAMERAL COALITION TO INTRODUCE LEGISLATION CREATING RURAL ENERGY SAVINGS PROGRAM
March 09, 2010
ADVISORY
Tuesday, March 9, 2010
BIPARTISAN BICAMERAL COALITION TO INTRODUCE LEGISLATION CREATING RURAL ENERGY SAVINGS PROGRAM
Creating Jobs, Saving Money, Reducing Pollution
WASHINGTON, DC –A bipartisan, bicameral coalition of congressmen will be joined by Rural Electric Co-ops and Industry leaders at 12:45 on Wednesday, March 10, 2010, in 2167 RHOB, to introduce legislation that will create a Rural Energy Savings Program to create jobs, save American families and businesses money on their electric bills, and reduce pollution.
*Clean Energy Initiative | Policy Memo: Spurring Weatherization Investments in Rural America
Third Way proposes the creation of a new federal program, run through the Rural Utilities Service, to provide low-interest loans to 1.4 million rural households to make energy efficiency improvements, creating 25,000-35,000 jobs each year for the next ten years.
Home weatherization improvements create jobs, lower emissions, and save money for consumers. But for most families, the upfront costs are too big and the payoff takes too long. This proposal would eliminate these barriers at a tiny cost to the federal government by providing rural homeowners low-interest loans through rural electric co-operatives. Homeowners would then repay the loans through their utility bills with the cost of the loan fully off-set by energy savings. And if they move, both the loan and the energy savings could be passed on to the next homeowner.
http://thirdway.org/publications/219
WHO:
House Majority Whip James E. Clyburn, (D-SC)
Senator Lindsey Graham, (R-SC)
Senator Jeanne Shaheen, (D-NH)
Senator Jeff Merkley, (D-OR)
Senator Michael F. Bennet, (D-CO)
Congressman John Spratt, (D-SC)
Congressman Ed Whitfield, (R-KY)
Congressman Tom Perriello, (D-VA)
Jon Cowan, President of Third Way
Glenn English, CEO of National Rural Electric Cooperative Association
Mike Couick, President of South Carolina co-ops
Dan Ellis, President of Climate Master
John Libonati, Vice President of Owens Corning
WHAT: Introduce legislation on new Rural Energy Savings Program
WHEN: 12:45 PM, Wednesday March 10, 2010
WHERE: 2167 Rayburn House Office Building
Washington, DC


