By Lynne P. Shackleford
lynne.shackleford@shj.com
lynne.shackleford@shj.com
"The program would allow members of South Carolina's 20 electric cooperatives to weatherize and tighten their homes -- dramatically reducing utility costs -- through low-interest loans tied to their electric bills. The proposal would use two-thirds of the homeowner's savings to pay the loans. For instance, if a power bill decreased by $90 monthly, the amount due would actually drop $30 and the remaining $60 would pay the loan. The state Legislature approved the program last week, and it heads to the governor this week."
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