Sunday, June 28, 2009
Energy Stimulus, Round One
The first round of federal stimulus funds designated for energy conservation programs is on the way to Virginia.
Roughly $28 million in stimulus money was released Friday and will go toward jump-starting a variety of programs in the state's energy plan, including rebates to homeowners who make energy efficient upgrades to their residences.
The allocation is part of $70 million the state will receive that will go toward implementing programs to spur investment in residential, commercial and industrial efforts to become more energy efficient.
"We feel like these investments will help carry forward work that we're already doing in Virginia to transition to a new-energy economy," Gov. Timothy M. Kaine said Friday in a conference call with reporters.