According to the Philadelphia Business Journal, Pennsylvania’s and Delaware’s State Energy Programs received a federal stimulus funding boost on Monday, some of which will spill out in the form of loans and grants to help businesses and other entities become more energy efficient.
The U.S. Department of Energy awarded Pennsylvania $39,873,600 and awarded Delaware $9,692,400 in Recovery Act funds, which can be used for energy audits, building retrofits, education and training efforts, transportation programs to increase the use of alternative fuels and hybrids, and new financing mechanisms to promote energy efficiency and renewable energy investments, the department said.
Pennsylvania will use the funds for Pennsylvania Green Energy Works, to offer grants to businesses, nonprofits, universities, local governments and utilities for shovel-ready energy projects. Funds will also be used to establish a Green Development Loan Program, a revolving loan fund to provide financing for clean energy technologies and energy-efficiency facilities projects. The state will receive an additional $50 million in funding, for a total of nearly $100 million, once it demonstrates successful implementation of its plans, the department said.
Delaware’s funds will be used to establish a Home Performance Program, to help defray the costs of home energy audits and installation of energy efficient equipment for families above the low-income eligibility threshold for the Weatherization Assistance Program. The state will also use funds to help fund energy efficiency upgrades in small business, commercial establishments and manufacturing facilities and to provide rebates for solar photovoltaic and solar hot water systems, small wind applications and geothermal systems for homes, businesses and institutional buildings.
Delaware will receive more than $12 million in additional funding, for a total of more than $24 million, after the state’s demonstrates successful implementation of its plan, the department said.
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