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AdvanceSC Awards $800,000 for Heating Assistance

November 12, 2008

Additional funds will help keep Upstate families warm this winter

Greenville, S.C. (November 12, 2008) – AdvanceSC announced today it has awarded $800,000 to Upstate public assistance agencies to help cover heating bills for clients in need this winter. The total AdvanceSC funding for public assistance in 2008 totals $900,000, including awards granted for cooling assistance during the summer months.

AdvanceSC commits at least $400,000 on an annual basis to heating assistance, but the board of directors voted unanimously at last week’s board meeting to double this amount in anticipation of the coming winter season combined with the current economic climate.

“AdvanceSC is proud to serve the needs of our community and recognizes these additional funds as necessary to helping our fellow citizens stay warm this winter,” said Carol Burdette, AdvanceSC president, during today’s news conference held at BMW Manufacturing. “Our board trusts that the local public assistance agencies will use these funds wisely to make a positive impact on their communities this winter.”

Public assistance programs, such as Duke Energy's Share the Warmth, Cooling Assistance, and Fan Relief programs, provide assistance to Upstate residents with difficulties in paying their energy bills. All public assistance agencies in Duke Energy’s South Carolina service area participating in these programs are eligible to receive additional funds from AdvanceSC, and 27 agencies across the Upstate will receive the awarded funding for heating assistance.

AdvanceSC supports education, economic growth, existing manufacturing and public assistance agencies in Duke Energy’s South Carolina service area. Established as a limited liability company by Duke Energy in 2004, AdvanceSC is funded with profits from the company's BPM program and is managed by an independent board of Upstate S.C. leaders. More information can be found at www.advancesc.org.