WYOMING BUSINESS COUNCIL
CHEYENNE - In less than 10 days, the Wyoming State Energy Office has obligated all federal stimulus funding designated for the residential renewable energy program, and has created a waiting list for those still interested in the program.
On Dec. 1, the State Energy Office, housed in the Wyoming Business Council, announced that over $2.2 million in federal stimulus funding was available to Wyoming residents to help defray the cost of installing renewable energy systems on Wyoming homes. In 10 days, 332 applications were received, obligating $2,254,580.
TRANSCRIPT: MP3 of Shannon Stanfill, State Energy Office program manager: "The response to this program indicates there is a growing interest in Wyoming for renewable energy systems. Though the funds for this program have all been obligated, we will be looking into ways we can help meet the obvious demand that exists in the state."
The State Energy Office will continue to take applications for the program and place applicants on a waiting list. In the event that obligated funds do not result in legal grant agreements or that projects are not completed, then funds will be re-obligated to the waiting list.
The residential renewable energy program provides grants of up to $10,000 or 50 percent of project costs, whichever is less, for installing photovoltaic (solar), small wind, and ground source heat energy systems at Wyoming homes.
The funding is part of the $3.1 billion American Recovery and Reinvestment Act (ARRA) appropriation to the U.S. Department of Energy to fund state programs that prioritize energy savings, increase the use of renewable energy, and create or retain jobs.
The mission of the Business Council is to facilitate the economic growth of Wyoming. The Business Council, a state government agency, concentrates its efforts on providing assistance for existing Wyoming companies and start-ups, helping communities meet their development and diversification needs, and recruiting new firms and industries targeted to complement the state's assets. For more information, please visit www.wyomingbusiness.org