Over the past year, member-owners were credited $2.05 per transaction towards their electric bill using the co-op’s Roanoke Rewards program. That’s almost $25 per year for member-owners who shop online once a month.
Upgrade to $ave
Ever wish you could make energy efficiency upgrades to your home or business to improve comfort and reduce your electric bill with no upfront cost? This may be the solution for you!
Upgrade to $ave is a new program that finances cost effective energy efficiency improvements for Roanoke Electric Cooperative member-owners while helping to promote local qualified contractors to gain work.
Through Upgrade to $ave, Roanoke Electric Cooperative will make investments in energy efficiency that allow our member-owners to save money on their bills without making any upfront payments or incurring new debt obligation. In turn, participating member-owners will agree to pay a voluntary tariff on their bill that shares the energy efficiency savings with the cooperative at a level that assures immediate savings for our participants and full cost recovery for our cooperative.
Because Roanoke Electric Cooperative is committed to helping member-owners access affordable energy services, we are proud to be among the first utilities to receive a loan from the Rural Utilities Service through the new Energy Efficiency & Conservation Loan Program. With $6 million in federal financing, we are now able to launch Upgrade to $ave to open the doors of opportunity for our member-owners.
For more information or updates on this program, please contact us at 252.539.4600.Interested in bringing an investment like Upgrade to $ave to your utility? Click here to learn more about tariffed on-bill financing.
Over the next 2-4 years, Roanoke Electric Cooperative will invest several million dollars in energy efficiency measures to the homes and businesses of our member-owners. Your firm is cordially invited to participate in this initiative that will connect your company with the numerous upcoming job opportunities.
Feel free to fill out your Contractor Profile today.
News and Events
The Sustainable Forestry and African American Land Retention Project will be holding a landowner meeting on Wednesday, August 30, 2017 from 9:30 am-12 pm at the Roanoke Center in Rich Square. The Sustainable Forestry Project seeks to provide landowners in Roanoke Electric Co-op’s service area with resources that will restore and conserve their forest land.