Governor Sanford to Sign Energy Efficiency Bill
STATE OF SOUTH CAROLINA
OFFICE OF THE GOVERNOR
MARK SANFORD, GOVERNOR
FOR IMMEDIATE RELEASE
Contact: Ben Fox 803-734-2100 bfox@gov.sc.gov
Governor Sanford to Sign Energy Efficiency Bill
Columbia, S.C. – March 30, 2010 – Governor Mark Sanford will sign legislation tomorrow (Wednesday, March 31) aimed at increasing the energy efficiency of homes in South Carolina. The bill, S.1096, allows energy companies to contract with homeowners who want to install efficiency upgrades to their homes – upgrades which homeowners can repay over time through their energy bill.
The bill signing will take place at 2:30 p.m. in the First Floor Lobby of the State House in Columbia. For more information or directions from your location, please contact Ben Fox in the Governor’s Office at 803-734-2100.
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Jeffrey Sewell
This has got to be one of the most stupid pieces of legistlation. In this new law, the loan for these so-called improvements does not carry forward with the homeowner if the property is sold. It is married to the property. What are the most popular types of loans in low-income neighborhoods? Why, government backed loans, of course. So what happens if one of these properties with one of these energy loans is foreclosed upon? The government will have to take it over, along with the rest of the house.
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