Senator Bernie Sanders: Burlington Electric Energy Efficiency Grant

Description

U.S. Sen. Bernie Sanders (I-Vt.), Burlington Mayor Miro Weinberger, and Department of Public Service Commissioner Elizabeth Miller today plan to announce a $1 million grant for an energy efficiency program in Burlington. The U.S. Economic Development Administration grant, authorized by a Sanders provision in an energy bill, will help the Burlington Electric Department provide innovative on-bill financing for energy efficiency projects.  On-bill financing is a utility-run program that offers upfront funds to customers to make money-saving improvements that save energy and lower utility bills.  The savings on customers' energy bills then are used to make installment payments on the energy efficiency projects.  This program will initially be focused on small businesses.