Ask yourself this question: How much more profitable would your business be if it was funded with free grant money? What if you could use Grant Money to pay your staff, your corporate lease, and your mortgage payment on properties you own while also paying yourself a generous salary all with FREE Grant Money. Would you be interested? I thought so. Read the following announcement from Dept of Energy Sec. Steven Chu.
WASHINGTON, DC – U.S. Department of Energy Secretary Steven Chu today announced more than $119 million in funding from the American Recovery and Reinvestment Act to support energy efficiency and renewable energy projects in Alabama, American Samoa, the District of Columbia, Illinois, Maryland, North Dakota, and Wyoming. Under DOE’s State Energy Program, states and territories have proposed statewide plans that prioritize energy savings, create or retain jobs, increase the use of renewable energy, and reduce carbon pollution.
“This funding will provide an important boost for state economies, help to put Americans back to work, and move us toward energy independence,"
These states and territories are receiving 40 percent of their total State Energy Program (SEP) funding authorized under the Recovery Act today. They will now have received 50 percent of their total Recovery Act SEP funding. The initial 10 percent of total funding was previously available to states to support planning activities; the remaining 50 percent of funds will be released once they meet reporting, oversight, and accountability milestones required by the Recovery Act.
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.
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