ARRA energy funds will begin flowing soon, according to report
More than $1 billion in American Recovery and Reinvestment Act (ARRA) funds for energy efficiency projects will begin flowing to state governments in the next few weeks, according to the Alexandria, Va.-based National Association of State Energy Officials (NASEO). The remainder of the $16 billion in ARRA funds for clean energy and energy efficiency projects will be distributed at an accelerated pace over coming months as the U.S. Department of Energy reviews and approves more detailed funding plans from applicants.
ARRA includes $5 billion for the Weatherization Assistance Program, which helps low-income people make energy upgrades to their homes; $3.2 billion for the Energy Efficiency and Conservation Block Grant (EECBG) Program, which will fund local government and state projects; $3.1 billion for the State Energy Program, which funds energy efficiency, renewable energy and alternative transportation projects; and $300 million for State Energy Offices to deliver rebates to consumers who purchase Energy Star-rated appliances. State Energy Offices will manage $3.8 billion of the State Energy Program, EECBG and Energy Star rebate money.
More information on funding plans and programs is available through each State Energy Office. View a complete list of the State Energy Offices.