One of these programs is Help My House, an on-bill financing program designed to improve members’ comfort and efficiency in their homes. Paying for the upfront costs of home repair and energy-efficiency retrofits can be challenging. With on-bill financing, however, a utility covers these initial costs, and the homeowner pays back a low-interest loan that’s added to their monthly energy bills. The goal is net neutrality, meaning that the energy saved from the efficiency improvements would cover the monthly loan payment.
This type of program results in lower energy bills, a more comfortable home environment, and a decrease in the amount of energy generated to meet regional demand. Another benefit is that the loan stays with the house instead of the homeowner. A lot of the people who would benefit the most from this type of program are paying the highest electric bills, sometimes as much as $2000.
Participating in Help My House or one like it means that people don’t have to decide between buying medicine and paying bills.
I have seen South Carolina undergo great changes in my lifetime, and as I look to the future, I envision vibrant communities, boosted by job opportunities in wind, solar and geothermal. I envision healthy communities, free from pollution caused by the fossil fuel industries. But most importantly, I envision equitable communities.