VERMONT - $8,799,600 awarded July 27, 2009
The state of Vermont will use its Recovery Act allocation to fund incentives to advance renewable energy and energy efficiency measures across the state in the public, private, and residential sectors. The state will increase the development and deployment of cost-effective and environmentally sustainable electric power resources by offering grants and loans to residents, businesses, non-profits, government, and farms to help them install such renewable energy systems as solar, wind and geothermal.
The state also will establish a revolving loan and/or small grant program for public-serving non-profit or government institutions—including K-12 school districts, colleges, and universities—to implement energy efficiency measures or renewable energy projects.
In addition, Vermont will use SEP Recovery Act funds to install thermal solar renewable energy systems for heating and/or hot water to low-income residences. This effort will allow the state to continue to expand the weatherization program and realize greater energy savings.
After demonstrating successful implementation of its plan, the state will receive almost $11 million in additional funding, for a total of nearly $22 million.
Four other states and territories were awarded money, for a total of $54 million. Read the whole story here.
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