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Rural Energy Savings Act: Expanding Access and Funding for Efficiency

This act expands the rural energy savings program, allowing more entities, including Indian Tribes and green banks, to access loans and grants. This aims to make it easier for citizens to invest in energy efficiency solutions for their homes, potentially lowering energy bills and improving living comfort. The program has been extended until 2033.
Key points
Expanded Program Access: Indian Tribes and clean energy support organizations (green banks) can now apply for assistance.
New Funding Opportunities: In addition to loans, grants are now available to cover some costs related to applying for loans and implementing energy solutions.
Greater Flexibility for Citizens: Loans for energy efficiency improvements can be granted for longer periods, up to 20 years, making repayment easier.
Support for Appliance Replacement: The program now includes replacing old manufactured homes and large appliances with new, more energy-efficient models.
Availability for All in Service Areas: Citizens can receive loans regardless of whether they live in rural areas, as long as their property is within an eligible entity's service territory.
Program Extension: The energy efficiency support program will operate until 2033, providing long-term opportunities for citizens.
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Additional Information
Print number: 118_HR_3849
Sponsor: Rep. Clyburn, James E. [D-SC-6]
Process start date: 2023-06-06