October 14, 2009 — The Virginia State Energy Plan will get a huge injection of $40 million from the Federal American Recovery Act, according to the announcement made by Governor Tim Kaine. These funds will go to a variety of energy-related initiatives, including the creation of new jobs, energy rebates for consumers, and grants to renewable energy projects at both the city and private level.
The $40 million in ARRA funding will be allocated as follow:
– $15 million to the recently announced Virginia Energy Efficiency Rebate Program which will provide rebates to consumers who purchase energy efficient products and equipment.
– $15 million to the new Renewable Energy Rebate Program which will provide rebates to Virginians who install renewable energy generation systems, such as solar or wind systems.
– $10 million for biomass and waste-to-energy projects, available to localities and individual projects.
