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April 30, 2010Client Alert

City of Madison Receives $573,000 for Program To Assist Madison Businesses With Energy Efficiency Improvement Projects

The City of Madison has received an Energy Efficiency Community Block Grant (“EECBG”) as part of the federal American Recovery and Reinvestment Act. City of Madison business owners interested in making energy efficiency improvements to their buildings may be eligible for this new grant and loan program.

EECBG funds can be used toward energy conservation projects such as energy efficiency improvements made to offices, warehouses, private non-profits, commercial, retail and business incubators and business areas of mixed-use facilities, with the aim of job creation. The job creation component of this grant pertains to jobs created or retained for the applicant business as well as those businesses completing the project work. As part of this effort, the Community Development Division will be administering a grant and loan program of approximately $573,000.

Eligible projects include but are not limited to energy efficiency audits, equipment replacements, HVAC upgrades, windows and doors, building insulation, lighting improvements and solar and geothermal heating and cooling systems. A maximum of $100,000 will be awarded per applicant for eligible costs, and applications are due no later than 12:00 PM, May 12, 2010.

Program guidelines and application details are available and can be viewed at: http://www.greatermadisonchamber.com/files/UserFiles/File/BEEP_RFP_and_Application1.doc

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