Tuesday, December 22, 2009

D.C. Seeks $35 Million from Department of Energy

Washington, D.C. mayor, Adrian Fenty, wants to assist D.C. property owners in making their homes and buildings more energy efficient.

The district has applied for a $35 million grant from the U.S. Department of Energy (DOE). It would use this grant to provide loans to homeowners and commercial property owners for energy-efficiency improvements. Under the program, these improvements would include solar panels or light fixtures and new storm windows and doors.

Fenty also hopes to sell approximately $250 million in bonds to keep the energy long fund going once the federal grant runs out.