Monday, September 28, 2009

Vermont Receives EECBG Funds-$9,593,500 awarded


Vermont will use its Recovery Act EECBG funding to undertake projects that enhance energy efficiency and expand the use of renewable energy at the state and local level. In addition to grants to smaller cities and counties, a portion of the subgrant funds will also be awarded to 11 regional planning commissions for county-level energy efficiency related projects, including energy audits, efficiency installations, and energy planning.

Vermont will use the remaining Recovery Act funding to establish the Clean Energy Development Fund, a financial incentive program that will allow the state to maximize the impact and sustainability of clean energy projects by leveraging Recovery Act funds. The program will provide incentives for the installation of renewable energy technologies on government buildings, energy efficiency retrofits for schools and municipal buildings, energy audits for school buildings, and the Vermont Clean Cities Coalition, which supports the reduction of petroleum use in the transportation sector. Vermont's EECBG activities will lead to substantial energy and cost savings, and create and save green jobs statewide.

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