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The Program was authorized in Title V, Subtitle E of the Energy Independence and Security Act of 2007 (EISA), and signed into Public Law (PL 110-140) on December 19, 2007. The American Recovery and Reinvestment Act of 2009 appropriated $3.2 billion for the Energy Efficiency and Conservation Block Grant (EECBG) Program. [1]
It provides grants to small businesses in rural areas so they can generate clean energy or improve their energy efficiency. Besides solar, it has helped fund wind turbines, electric irrigation pumps to replace diesel ones, and corn ethanol. Once a business gets approved for REAP, it purchases the technology and operates it for at least 30 days.
This summary is based largely on the summary provided by the Congressional Research Service, a public domain source. [3]The Streamlining Energy Efficiency for Schools Act of 2014 would amend the Energy Policy and Conservation Act to direct the United States Secretary of Energy (), acting through the Office of Energy Efficiency and Renewable Energy, to act as the lead federal agency for ...
But with federal, state, local or private small business grants, businesses can access non-repayable capital, making it one of the most low-risk, affordable ways to fund a business. Frequently ...
Originally the State Energy Conservation Program, the State Energy programs implementation was a result of the early 1970s energy crisis. The crisis brought attention to the United States’ dependence on foreign oil. As a result, new legislation was created to establish conservation programs and promote energy efficiency.
Recipients were awarded competitive grants from two of the three programs overseen by the green bank created in the Biden administration’s landmark climate law, the Inflation Reduction Act ...
Four times each year, the National Association for the Self-Employed (NASE) offers business grants of up to $4,000 to small business owners through its Growth Grants program. Funds can be used for ...
The Energy Policy Act of 1992 (P.L. 102-486) replaced the National Energy Conservation Act (NECPA) and focused on the following issues: water conservation, Federal energy efficiency fund, utility incentive programs, financial incentive program, demonstration of new technology, general services administration Federal building fund, energy ...