Fed Funding for PA Energy Program

From the inbox:

U.S. Department of Energy Secretary Steven Chu today announced
$39.8 million in funding under the American Recovery and Reinvestment Act to support energy efficiency and renewable energy projects in Pennsylvania. Under DOE’s State Energy Program, Pennsylvania proposed a statewide plan that prioritizes energy savings, creates or retains jobs, increases the use of renewable energy, and reduces greenhouse gas emissions.

Secretary Chu today announced a total of more than $162 million for State Energy Programs in seven states and territories states including: Colorado, Delaware, Indiana, Louisiana, Massachusetts, Pennsylvania, and Puerto Rico. Each grantee is receiving 40 percent of its total State Energy Program (SEP) funding authorized under the American Recovery and Reinvestment Act.

“This funding will provide an important boost for state economies, help to put Americans back to work, and move us toward energy independence," said Secretary Chu. "It reflects our commitment to support innovative state and local strategies to promote energy efficiency and renewable energy while insisting that taxpayer dollars be spent responsibly."

With today's announcement, Pennsylvania will now have received 40 percent of its total State Energy Program (SEP) funding authorized under the Recovery Act. Pennsylvania will now have received 50 percent of its total Recovery Act SEP funding. The initial 10 percent of total funding was previously available to support planning activities; the remaining 50 percent of funds will be released the state meets reporting, oversight, and accountability milestones required by the Recovery Act. After demonstrating successful implementation of its plan, Pennsylvania will receive nearly $50 million in additional funding, for a total of almost $100 million.

Pennsylvania will use its Recovery Act SEP funding to provide grants and other support for energy efficiency and conservation efforts with the goal of reducing dependence on fossil fuels and stimulating growth in renewable sectors.

Pennsylvania Green Energy Works! will offer grants to businesses, non-profit organizations, universities, local governments, and utilities to deploy shovel-ready efficient, environmentally sustainable and economically worthwhile energy projects across the state. Over a longer time horizon, Pennsylvania will continue to fund advanced energy projects, tailoring programs to specific economic sectors. For example, the Pennsylvania Energy Development Authority will continue to serve business needs, while the Pennsylvania Energy Harvest will support schools, nonprofits, and local governments across Pennsylvania.

Pennsylvania will also establish a Green Development Loan Program, a revolving loan fund that will provide clean-energy and energy-efficiency financing for facilities projects, resource efficiency measures, and advanced and renewable clean-energy technologies. In addition to originating loans and leveraging private capital, this fund will make outright awards to cover the costs of project feasibility studies, energy audits, or project design, which can often present significant barriers to sustainable development investments.

Activities eligible for State Energy Program funding include energy audits, building retrofits, education and training efforts, transportation programs to increase the use of alternative fuels and hybrid vehicles, and new financing mechanisms to promote energy efficiency and renewable energy investments.

The Recovery Act appropriated $3.1 billion to the State Energy Program (SEP) to help promote energy efficiency and clean energy deployment, as well as to support local economic recovery. States use these grants at the state and local level to create green jobs and address state energy priorities.

Transparency and accountability are important priorities for SEP and all Recovery Act projects. Throughout the program’s implementation, DOE will provide strong oversight at the local, state, and national level, while emphasizing with states the need to quickly award funds to help create new jobs and stimulate local economies.