American Recovery Reinvestment Act
The American Recovery and Reinvestment Act of 2009 (ARRA), signed into law by President Obama on February 17, 2009, reflects the increased role of energy efficiency programs and infrastructure investments in the transition to the new energy economy. AGA's work with a broad coalition won significant funding for programs that will benefit our member natural gas utilities and their customers, including over $20 billion for weatherization, energy efficiency, and modernized green building codes. These provisions will ultimately help members and their customers achieve the carbon reduction and energy efficiency goals that will be required in upcoming climate change legislation and regulations while increasing the opportunities for utilities to include energy efficiency as part of a long-term sustainable business model. Of equal importance, the bill also contains favorable tax treatment of investments in infrastructure critical to natural gas utilities.
On March 12 the Department of Energy released two documents guiding grant applications for obtaining ARRA funding for energy efficiency and weatherization programs. These documents cover how and when to apply for these two separate types of stimulus assistance, and offer detailed descriptions of programs requirements, guidelines, and eligibility for receiving funds.
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