TCLP Lands First-In-Nation USDA Loan
Sept. 24, 2020
Traverse City Light and Power (TCLP) has become the first municipal utility in the nation to receive a United States Department of Agriculture (USDA) loan to promote energy efficiency and renewable energy. The $1.8 million will be used to support TCLP's on-bill financing program, which allows residential customers to finance their own energy efficiency and/or renewable energy improvements such as more efficient furnaces or air conditioners.
“I commend Traverse City Light and Power for their vision and courage to take the lead in helping their customers achieve greater energy efficiency,” said USDA Rural Development State Director for Michigan Jason Allen. “This is another example of how USDA is able to partner with rural communities in new and innovative ways to improve their quality of life.”
The funds were provided through the Rural Energy Savings Program, which provides loans to rural utilities and other companies that provide energy efficiency loans to qualified consumers.
Comment
Land Of 9,000 Airbnbs: Northern Michigan's Short-Term Rental Market, By The Numbers
Read More >>Rotary Charities Grants $400,000 to 10 Northern Michigan Initiatives
Read More >>Ness Named Mayor Pro Tem; Commission Makes Board Appointments
Read More >>'Do What's Right:' Bill Newman And The Last of The Greatest Generation
Read More >>
Anxiety, Screens & Self-Esteem
Read More >>TC Light & Power Prepares to Move to Time-of-Use Rates
Read More >>Traverse City Central, Kingsley Clinch District Titles In Football
Read More >>Food Pantry Demand, Community Initiatives Are Up Ahead Of Thanksgiving
Read More >>Delta Expands Seasonal Atlanta Service at TVC
Read More >>Election Results for Grand Traverse County
Read More >>