Energy Secretary Steven Chu announced that over $354 million in funding from the American Recovery and Reinvestment Act is being awarded to 22 states to go toward energy efficiency and conservation activities.
This money will be used to support state-level energy efficiency priorities as well as fund local conservation projects in smaller cities and counties.
Arizona received approximately $9.5 million “to reduce greenhouse gas emissions, and encourage development, promotion and application of advances building codes and green buildings statewide.”
Eighty percent of the funds will be distributed to local cities and counties to implement their own energy efficiency programs.
In order to receive funding, it is then up to the local governments to focus on projects demonstrating a high return on investment, leveraged funds, jobs created, interactions with community colleges and technical and trade schools and a shared community approach.
The goal of the Recovery Act-funded projects will be to “..reduce energy usage and costs, increase the use of renewable energy applications within communities, and create jobs across the state.”
So what does this mean for Arizona? Only time will tell but I’m looking forward to seeing the various programs and incentives. One thing’s for sure, this is great news for our state, our nation and our sustainable future.
Read more about the announcement here.