Funds now available
for energy retrofit projects
WASHINGTON D.C. – U.S. Sens. Olympia J. Snowe and Susan Collins (R-Maine) recently announced that the Department of Energy has awarded $4,538,571 to support energy efficiency retrofit projects that will lower energy bills for Maine families and businesses, boost job growth, and increase investment in companies that deliver energy-saving technologies.
“This vital funding from the Energy Department will help guarantee loans for energy efficiency projects around the great state of Maine,” said Sens. Snowe and Collins in a joint statement. “Not only will these energy efficiency retrofit projects create new jobs, but they will also go a long way toward conserving energy and reducing overall energy bills.”
Serving a market of more than 53,000 units, the project will seek to reduce energy consumption by 25 percent or greater in 2 percent of eligible multi-family units per year by 2013, establish a sustainable financial model to ultimately reach 19 percent of such buildings in Maine by 2021, and expand the program model to multi-family buildings in other Northeast states.
The competitive award is funded through DOE’s State Energy Program to help create a sustainable transformation in the market for energy-saving, whole-building improvements in residential and commercial buildings. The program provides financial and technical assistance to states to develop state strategies and goals to address their energy priorities and promote America’s energy security through the deployment of reliable, clean and affordable energy.
