RILA Lauds Bill to Create Energy Savings Program

Federal legislation to create the Rural Energy Savings Program (RESP) was praised Wednesday by Retail Industry Leaders Association here.

ARLINGTON, VA. — Federal legislation to create the Rural Energy Savings Program (RESP) was praised Wednesday by Retail Industry Leaders Association here.

If approved, the program will make loans to rural electric cooperatives that will, in turn, provide the money in the form of low-interest micro-loans to consumer residences or businesses for the purposes of making investments in energy efficient upgrades.

The legislation to establish the program was announced Wednesday

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