Governor Announces more than $2.5 Million for Renewable Energy Projects
Investments will fund renewable energy generation across Vermont
Governor Jim Douglas announced today that the Department of Public Service (DPS) will award $2.57 million from the Clean Energy Development Fund (CEDF) for renewable energy projects throughout the state. The goal of the CEDF is to increase the development and deployment of combined heat and power (CHP) technologies and renewable energy generation.
"I am pleased to announce $2.57 million in grant awards for the development of clean, renewable energy in Vermont," said Governor Jim Douglas. "As we continue to work hard with our federal partners and energy stakeholders across the state, we have a tremendous opportunity to create greater energy independence for Vermonters. These awards will help us continue to expand our efficiency and renewable energy efforts from funding through the American Recovery and Reinvestment Act," the Governor said.
DPS received 39 proposals seeking $5.3 million in funding, in response to the CEDF grant solicitation issued in January. Applicants submitted proposals for projects in the following categories: Pre-Project Financial Assistance, Small-Scale Systems, Large-Scale Systems, and Special Demonstration Projects. There was a maximum grant award of $100,000 for Pre-Project Financial Assistance, $60,000 for Small-Scale Systems, and $250,000 for all other projects.
BREAK IN TRANSCRIPT