Programs in North Carolina and across the country are bringing energy efficiency to rural customers without breaking the bank.
Known as Inclusive Utility Investments, the programs provide upgrades at low repayment rates so customers do not go into debt and save money on their energy bills.
Roanoke Cooperative in North Carolina has a program called "Upgrade to $ave," which provides the service.
Susan Williams, community services coordinator for the cooperative, said the loan for upgrades is usually paid back over 12 years.
"Although they may have the added amount, the upgrades bring the amount of the bill down to a point where even adding the tariff to the bill, the member-owner still shows savings," Williams explained. "And their home is more energy efficient."
Rural Americans spend up to 40% more on energy than their urban counterparts, according to the Rural Power Coalition. Utilities in 10 states have invested more than $50 million through Inclusive Utility Investments, with a 99% cost-recovery rate.
The Rural Energy Savings Program and other federal programs make the investments possible for electric cooperatives. Williams pointed out the program has big benefits for the region Roanoke Cooperative serves.
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