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Oregon to receive nearly $17 million in Recovery Act funds for energy projects
6/26/2009

FOR IMMEDIATE RELEASE For More Information:
 June 26, 2009 Courtney Warner
  503-378-3554
  Lou Torres
  503-378-3637
 09-24 In Oregon 1-800-221-8035
   
SALEM—The U.S. Department of Energy (DOE) announced today that Oregon will receive nearly $17 million in American Recovery and Reinvestment Act (ARRA) funding to support energy efficiency and renewable energy projects. This funding is approximately 40 percent of total funds allotted for Oregon over the next three years. 
 
The funds are administered under the U.S. DOE’s State Energy Program (SEP).  Under the program, states develop plans that prioritize energy savings, create or retain jobs, increase the use of renewable energy and reduce greenhouse gas emissions. The initiative is part of the Obama Administration’s national strategy to speed adoption of energy efficiency and renewable energy technology and make investments in clean energy. Over $3.1 billion in ARRA funds are being appropriated nationwide through the SEP.
 
“Oregon has been a national leader in energy efficiency and renewable energy development. These Recovery Act funds help us to continue making these important investments,” said Governor Ted Kulongoski.  “This funding has the potential to have a profound impact on communities across our state and allow Oregon to further develop a clean energy economy.” 
 
In total over the next three years, the Oregon Department of Energy will administer a total of $42 million in ARRA funds through the SEP.  An initial 10 percent of total funding was available to states to support planning activities. The remaining 50 percent of funds will be released when states meet reporting, oversight and accountability milestones required by ARRA.
 
Funding will be invested in energy efficiency and renewable energy projects in public facilities across the state. K-12 schools, colleges and universities, and local and state government buildings are eligible to receive funding.  Projects need to be ready-to-go, as shovel readiness will be among the criteria used for funding decisions and because funds are to be obligated by September 30, 2010 and spent by March 31, 2012.
 
“The Oregon Department of Energy is ready to administer these funds in a timely and meaningful way by investing in quality energy projects that save energy, reduce energy costs and reduce energy impacts to our communities,” said Mark Long, Director of the Department of Energy. 
 
“Over the next 90 days, we will be determining which projects receive funding.  While there are a number of considerations for funding projects under ARRA, projects that are ready to go will be given priority,” Long said.
 
For more information about ARRA funding, please refer to http://www.oregon.gov/recovery/.