1. Short title This Act may be cited as the Rural Energy Savings Act . 2. Rural energy savings program modifications Section 6407 of the Farm Security and Rural Investment Act of 2002 ( 7 U.S.C. 8107a ) is amended— (1) in subsection (b)— (A) in paragraph (1)— (i) in subparagraph (B), by striking or at the end; (ii) by redesignating subparagraph (C) as subparagraph (E); and (iii) by inserting after subparagraph (B) the following: (C) any Indian Tribe (as defined in section 4 of the Indian Self-Determination and Education Assistance Act ( 25 U.S.C. 5304 )); (D) any public, quasipublic, or nonprofit entity that uses innovative financing techniques and market development tools to accelerate the deployment of clean energy technology (commonly known as a green bank ); and ; and (B) by striking paragraph (2) and inserting the following: (2) Energy efficiency measure The term energy efficiency measure , with respect to any property served by an eligible entity, means— (A) a structural improvement or investment in a cost-effective, commercial technology to increase energy efficiency (including cost-effective on- or off-grid renewable energy or energy storage systems); and (B) the replacement of a manufactured housing unit or large appliance with a substantially similar manufactured housing unit or appliance, respectively, if that replacement is a cost-effective option with respect to energy savings. ; (2) in subsection (c)— (A) in the subsection heading, by inserting and grants after Loans ; (B) by striking paragraph (1) and inserting the following: (1) In general Subject to the requirements of this subsection, the Secretary shall provide— (A) loans to eligible entities that agree to use the loan funds to make loans under subsection (d) to qualified consumers for the purpose of implementing energy efficiency measures; and (B) at the election of any eligible entity that receives a loan under subparagraph (A), a grant in accordance with paragraph (10).