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July 24, 2013
July 24, 2013——The Environmental and Energy Study Institute (EESI) and The Electric Cooperatives of South Carolina (ECSC) held a briefing about “on-bill financing,” an innovative approach to energy efficiency offering loans for energy improvements that are repaid through utility bills. South Carolina's customer-owned electric cooperatives (co-ops) recently conducted a residential on-bill financing pilot that achieved deep energy savings among its participants, resulting in improved home comfort and reduced monthly bills. Based on this and other success stories, the federal government may soon expand its support for similar programs.