Government Grants for Energy Efficiency One Step Closer To You

By
Real Estate Agent with William Raveis Legends Realty Group 30PA1082583

The Obama Administration is dolling out $3.2 billion for energy efficiency and energy conservation projects in states and cities across the U.S., moving that portion of the economic stimulus money a bit closer to your home.

The Energy Efficiency and Conservation Block Grant program will fund new and existing programs in states to promote home energy audits, weatherization, energy efficiency upgrades, replacement of outdated appliances and other similar initiatives. The Department of Energy had previously estimated that the average qualifying home could benefit from $6,500 in improvements. Each program differs by state and city, so look to your local agencies or energy.gov/recovery for details. While home improvement initiatives are likely to help individuals most directly, the grants cover a broad array of potential initiatives:

"The funding will support energy audits and energy efficiency retrofits in residential and commercial buildings, the development and implementation of advanced building codes and inspections, and the creation of financial incentive programs for energy efficiency improvements," according to the Department of Energy. "Other activities eligible for use of grant funds include transportation programs that conserve energy, projects to reduce and capture methane and other greenhouse gas emissions from landfills, renewable energy installations on government buildings, energy efficient traffic signals and street lights, deployment of Combined Heat and Power and district heating and cooling systems, and others."

Don't wait for the money to find you.

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