On-bill financing legislation moving through SC General Assembly

Horry Electric Cooperative is working with sister cooperatives and other utilities in South Carolina to encourage support of H. 4448,  which will allow for on-bill financing for energy efficiency improvements. The bill was passed out of the full LCI committee on February 4. Representatives are still in the process of adding their names as co-sponsors.  Representatives Hardwick, Hearn and Clemmons have already added their names. 

A similar piece of legislation is making its way through the Senate.  S. 1096 was passed out favorably from the Senate Judiciary committee yesterday, with amendments. There are now 24 sponsors on the bill in the Senate, including Senators Cleary and Rankin.

 To follow S. 1096 and H. 4448 as they make their way through the legislative process, visit South Carolina Legislature Online.

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