The U.S. Department of Agriculture on Tuesday announced a new program that will help rural residents conserve energy and save money on their utility bills. Agriculture Secretary Tom Vilsack announced the Rural Energy Savings Program, or RESP, will make $52 million in loans available to energy providers to help rural families and small businesses reduce their energy use. Vilsack says the program will “build a cleaner and more sustainable energy future” for rural communities. RESP will provide loans to rural energy providers who in turn fund projects for consumers to make energy efficiency improvements that will lower their energy use. Eligible applicants include current and former Rural Utilities Service borrowers or subsidiaries and entities that provide retail electric service in rural areas.
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