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drifter, I think the pps is stable and has been for quite sometime. the only thing that has changed is the expectations of some investors. when its green they are happy, when its red they are sad. the company is solid, the pps is solid and it's up over 800% from only 2 short months ago.
gltu
if your analysis was correct then we would be back to .0003. I think a more realistic approach is patients
Didn't we just get news?
I've also bought @ .0031 and .0045 and am not concerned in the least.
masko
Those %'s and everyone elses will be much higher sooner than later. it take patients and from where i sit it seems that some want this to run up fast for a quick buck. this is a company doing big things and to do those things takes time and money. to me there is nothing to complain about, in just over 2 months the pps is up over 800%. where else will anyone get that kind of return on their money?
GLTA
masko
Below you will see dates and times i've bought shares and the percentage i am up.
04/20/2009 3:44 PM $ 0.0003 +863.67 %
06/04/2009 2:15 PM $ 0.0006 +383.33 %
06/15/2009 11:05 AM $ 0.0025 +11.50 %
06/25/2009 10:23 AM $ 0.0023 +21.59 %
As you can see from the dates, times, pps and percentage i am in the green. To say the pps goes down daily is a lie. you should post facts here, not lies imo
masko
and you know what they say about opinions
people have been saying the samething about this stock ever since it went from .0003 to .002 and now its around .003. this is not a 'pinky' company. this is a company trying to secure itself in the renewable energies market and to do this it takes time. shareholders know this and will stick by for the bigger payoff by holding onto all the shares we picked up in the .000. those that want to use this stock to flip and those that jumped in trying to chase and investing with their emotions will look negatively upon this stock. once those people actually look at the DD, they too will quit getting upset and emotional over the daily dips this stock takes. as they say, "Rome wasn't built in a day", and neither will this company, but in the short months since this run began there are not many other companies giving a 1000% return on investment. Patients will also give another 1000% and more return on investment.
GLTU, I hope you find the right company that is perfect for your investment needs.
masko
I like your positive outlook! I think those are VERY conservative numbers, I see much higher pps than that.
Have a great weekend everyone,
I'm outta here until Tuesday. GLTA and hang on for the ride of our lives.
Happy 4th Everyone
masko
Hey everyone,
Here's something in yesterdays pr that I personally think is of major significance. Just my 2 cents and of course IMO...
"For the record, Capital Keys is a Washington DC, lobbying firm not a law firm, and Rich Rossi is a Principal of Capital Keys, not a founder. The Company apologizes for any confusion. Pinnacle News Pending."
Schmed posted earlier of some of the things Capital Keys does for their clients. I would also like to point out the above underlined words....lobbying firm. You can not underestimate the power of having a voice in Washington who is lobbying your cause to the people handing out money and contracts in the burgeoning field of alternative energy.
In a recent post about 2 weeks ago I informed this board that I called Capital Keys, spoke with Adam Falkoff, and was told by Adam that Capital Keys was hired specifically for the handling of Pinnacle Energy.
So what does it mean?
Well we KNOW SYNJ has money, buying "multiple units" is not cheap.
We KNOW they have a stellar board of directors.
With Capital Keys we KNOW they have a voice in Washington DC.
GLTA
masko
PS. You got to love.... "Pinnacle News Pending"
I love your name
Is there ever good news with you?
I think your right :)
Here's what they bought. Very impressive
http://www.methes.com/Downloads/Denami%20600%20Proposal%20USA.pdf
i have no doubt it will. my response was one of wonder at how impatient he was.
go SYNJ!!
wow, really?
Oh and lets not forget this tidbit at the end of the pr...
Pinnacle News Pending.
Good morning people,
I wake up to find we sit a top the boards and low and behold we have news!!!
Its great news! There is so much to be gleaned from the news but the one thing that POPS out at you is the fact that Mac "on April 3rd, 2009 McCutcheon Marshall Jr., President and Chairman of the Board for Pinnacle Energy Inc., the wholly owned energy subsidiary of Syndication Inc., executed a Territory and Purchase Agreement with Methes Energies Canada Inc." Mac accepted the Pinnacle post on MAY 18 and yet closed the deal with Methes on April 3rd! This means that both Mac and Brian have been working together for much longer than expected. This should bode well for the future. Things seem to be farther along than anticipated.
Great DD bal and the rest of the gang. It is great to be a part of this revolution in alternative energy.
NOW LETS MAKE SOME $$$
GLTA
masko
greedy,
Left Behind is the all time #1 selling christian book series outside the bible. just the name, in and of itself, is all the marketing LFBG needs to do. Christians buy Christian and once they latch onto something they are loyal till the end.
masko
Thats excellent DD Brama, it means there is a market for alternative energy in FL too, where SYNJ is
Goodmorning everyone,
I hope you all had a great weekend. I posted a video over the weekend and I thought now would be a great time for everyone to watch it who hasn't already. we are part of a revolution and imo sitting in the right place at the right time with the right administration. I'm not a fan of spending your way out of debt, but if the government is going to spend, i think we might as well be in a stock that could get a slice of the alternative energy pie.
GLTA!
masko
Posted by: masko23 Date: Sunday, June 28, 2009 3:27:05 PM
In reply to: None Post # of 50588
Here's our future, America's future and the future of energy in the 21st century.
I know pickens has nothing to do with SYNJ but it sure is nice to know that Obama knows T. Boone, T.Boone knows Mac and Mac knows Brian. Its not just about what you know in big business, but it's who you know as well.
Brighter days ahead for alternative energy
Here's our future, America's future and the future of energy in the 21st century.
I know pickens has nothing to do with SYNJ but it sure is nice to know that Obama knows T. Boone, T.Boone knows Mac and Mac knows Brian. Its not just about what you know in big business, but it's who you know as well.
You bet i will.
take care
My first post here and probably the only one i will do because i'm not in this stock any longer. i was reading the most recent posts and all i have to say is WTF!? This monster started out in sub penny land within recent memory and was .01 just 2 short months ago. what has anybody got to complain about? this company has a bright future and if you got in late then shame on you. if you bought as it ran up, shame on you. buy it, leave it alone and come back in 3-6 months and count your money. i was in @ .02 and because I listened to all the naysayers i sold @ .04 with 100% profit. I hate looking at it because it makes me mad at myself for such a bone head move. be happy your in such a strong and progressing stock. will it have ups and downs? what stock doesn't? enjoy the ride to all who are still in it and to those that are unhappy, be unhappy with yourself, not the stock.
masko
I agree Californicator and nice to see you. how's heaven on earth? taking a trip to Spokane for the 4th then going to Santa Cruz after that. looking forward to getting out of Nevada for a few. Too much good around this stock to get out without very big profits.
gltu
masko
Tufan I think Klon is correct when he states it's peoples perception. I am one who believes SYNJ is in the right place at the right time with the right people on boeard. I know you are of that mindset as well. 829 has his reasons and I will respect them though I don't agree with them. I don't feel he is trying to bash or panic people, I just think he is cynical at this time. This stock gets put into stronger hands every trading session and I think over the last 2 weeks we have strengthened our hands here.
masko
its all a chance. if they were all sure things we would be rich by now
Safe Harbor only applies in acts committed in 'good faith.' the hirings that have been done would have been done to purpetuate deception, thus safe harbor would not apply
None of us do, you are correct, but the signs point more in the direction that i am thinking than the one you are. it is hard for me to believe Mac and Capital Keys would be involved in a scam just to make a few dollars off some shareholders. too risky for them and way too public.
and that is why I am invested, on the chance that the hearsay will be announced as truth. thus the big payoff
829, I think it's the speculation of the merger that everyone is banking on. is it a done deal? no, not publically at least. is it pointing in that direction? yes. Pinnacle and Sentinel are in the renewable energy field. It would be a conflict of interest for Brian to have a competitor sitting as president and chairman of the board of pinnacle and thus SYNJ. it is logical to assume that in order for that to be dealt with, a merger is in order. and should the merge happen, then the board members of SRE come over with the company.
I think the DD done on Mac and the SRE board is quite telling of how qualified they are. No one company is a failure or success based on 1 person, it is the team that makes a company successful. This team that is surrounding Brian is highly successful and experienced.
In a field that is basically in it's infancy, it would be shortsighted to say one company or another will see little or no money. None of us know what BS or Mac or the very qualified members of the board are doing right now to position themselves to be a player in this field. Only time and patients will tell.
masko
I think it's safe to say this administration is serious and committed to alternative energy.
masko
June 18, 2009
Obama Administration Delivers More than $453 Million for Weatherization Programs in 15 States
Recovery Act funding to expand weatherization assistance programs, create jobs and weatherize more than 165,000 homes
COLUMBUS, OHIO – U.S. Department of Energy Secretary Steven Chu today announced that the Department of Energy is providing more than $453 million in Recovery Act funding to expand weatherization assistance programs in 15 additional states. These funds, along with additional funds to be disbursed after the states meet certain Recovery Act milestones, will help these states achieve their goal of weatherizing more than 165,000 homes, lowering energy costs for low-income families that need it, reducing greenhouse gas emissions, and creating green jobs across the country. Secretary Chu made today’s announcement while helping to weatherize a local resident’s home in Columbus, Ohio with Governor Ted Strickland.
The following states will receive 40 percent of their total weatherization funding authorized under the American Recovery and Reinvestment Act today: California, Delaware, District of Columbia, Florida, Maryland, Montana, North Carolina, North Dakota, Nebraska, Nevada, Ohio, South Carolina, South Dakota, Utah, and West Virginia. Under the Recovery Act, states may spend up to 20 percent of funds to hire and train workers.
“These awards demonstrate the Obama Administration’s strong commitment to moving quickly as part of the country’s economic recovery -- creating jobs and doing important work for the American people -- while ensuring that taxpayer dollars are spent responsibly," said Secretary Chu. "Today’s investments will save money for hard working families, reduce pollution, strengthen local economies and help move America toward a clean energy future.”
DOE’s Weatherization Assistance Program will be available to families making up to 200 percent of the federal poverty level – or about $44,000 a year for a family of four. Weatherization projects allow low-income families to save money by making their homes more energy efficient, which results in average savings of 32 percent for heating bills and savings of hundreds of dollars per year on overall energy bills. States will spend approximately $6,500 to weatherize each home.
The funding allocations for the Weatherization Assistance Program follow a stage-gate process: on March 12, funding allocations by state were announced and the initial 10 percent of total funding was available to states and territories to support planning and ramp-up activities; comprehensive state applications were due on May 12th; following a DOE reviews for each state, 40 percent allocations are awarded; and the remaining 50% of funds will be released when states meet reporting, oversight, and accountability milestones required by the Recovery Act.
This installment adds to the initial 10 percent of the states’ funding allocations that were awarded previously for training and ramp-up activities. Following a review of their comprehensive state plans, these 15 states have now received 50 percent of their Recovery Act Weatherization Assistance Program funding. Arizona, Kansas, Mississippi and Oregon previously received this 40 percent funding allocation.
The Recovery Act includes a strong commitment to oversight and accountability, while emphasizing the necessity of rapidly awarding funds to help create new jobs and stimulate local economies.
The 15 states receiving funds today submitted aggressive and innovative plans to expand their weatherization programs:
California ($74,324,424 awarded today) will leverage a network of over 50 non-profits, local governments, and community action associations to perform weatherization services at over 50,000 homes. Prior to weatherizing a home, weatherization providers will use national auditing tools to conduct home energy audits that will help inform which weatherization activities should occur in a particular home. In order to ensure quality, the state will also mandate that a third party inspect all weatherized properties, measuring performance based on the quality of work and the speed in which it is implemented. Additionally, since the program will greatly increase the demand for jobs in the energy efficiency sector, the state will follow the recommendations of the California Green Collar Jobs Council by employing members of the California Conservation Corps, Youthbuild and other youth employment groups. Outreach for the program will be conducted through canvassing neighborhoods, local advertising, and by cooperating with landlords and property managers.
After demonstrating successful implementation of their plan, the state will receive more than $92 million in additional funding, for a total of more than $185 million.
Delaware ($5,493,467 awarded today) will use its Recovery Act funds to weatherize more than 1,500 homes over the next three years. The Delaware Weatherization Assistance Program has set an aggressive goal of 20% or greater improvement in energy performance with parallel goals of 20% reductions in energy bills and greenhouse gas emissions for weatherized homes. The Program also has undertaken a number of innovative partnerships to maximize its Recovery Act funding. Its partnership with the Delaware Energy Office will enable both programs to create efficiencies by undertaking joint actions, such as pre-certification of contractors and worker training requirements. Further, the Delaware Weatherization Program is partnering with a local union to immediately provide workforce training, so that trained workers can carry out the program’s mission to double the rate of weatherization.
After demonstrating successful implementation of its plan, the state will receive an additional $6 million, for a total of more than $13 million.
District of Columbia ($3,235,609 awarded today) will use its Recovery Act funds to weatherize more than 750 homes, with priority given to single-family homes especially those occupied by the elderly, people with disabilities, and families with children. The District Department of the Environment’s Energy Division intends to leverage a portion of its funds with the District’s Sustainable Energy Trust Fund, thereby increasing the homes that are eligible for weatherization. It will contract for weatherization services with several local non-profit agencies, including Barney Neighborhood House, Greater Washington Urban League, United Planning Organization and others still to be determined.
After demonstrating successful implementation of its plan, the District will receive an additional $4 million, for a total of more than $8 million.
Florida ($70,393,790 awarded today) will weatherize more than 19,000 homes over the next three years with its Recovery Act funds. The increase in funding through the Recovery Act provides the state with a unique opportunity to weatherize multi-family homes, which is not typically possible at traditional weatherization funding levels. Priority for multi-family weatherization projects will be given to assisting the elderly, people with disabilities, and families with children under 12. In deciding to weatherize specific multi-family dwellings, the state will also give strong consideration to the greatest potential for energy savings. Weatherization activities will include renewable energy systems such as solar water heating where appropriate.
After demonstrating successful implementation of its plan, the state will receive an additional $87 million, for a total of more than $175 million.
Maryland ($24,576,698 awarded today) will use its Recovery Act funding to weatherize more than 6,900 homes over the next three years. The Maryland Department of Housing and Community Development will be administering the program with more than 18 agencies and counties implementing the weatherization program. Each local subgrantee will receive funding to hire and train new employees or contractors. Five regional training centers in community colleges will also be established to train the work-force. Trainings, which will begin this month, will focus on increasing energy savings and improving program management and accountability. A computerized monitoring system will assist in conducting energy audits and supplying performance energy-savings data. Maryland plans to leverage Recovery Act funding for weatherization with the Regional Greenhouse Gas Initiative, Columbia Gas of Maryland, The Maryland Energy Assistance Program, Washington Gas and Light, and Maryland state funds.
After demonstrating successful implementation of its plan, the state will receive an additional $30 million, for a total of more than $61 million.
Montana ($10,617,511 awarded today) will expand its existing weatherization program that was originally founded in 1994 to reach more than 2,400 news homes as a result of Recovery Act funding. The program will focus on weatherizing a broad range of low-income housing communities including the Kootenai and Salish tribes, the elderly, and the disabled. Experienced community action associations from 12 different districts will work in partnership with the Montana Weatherization Action Program team to administer the weatherization efforts for the eligible community members. The implementers will use Montana’s recently upgraded Computerized Energy Audit Program to perform the initial audits before implementing the appropriate weatherization measures. As part of the program’s commitment to accountability and meeting its established goals, the state will maintain a computer database containing annual fuel consumption information for the available homes. This system will monitor and measure actual reductions in household energy consumption as a result of weatherization activities. Additionally, training programs spanning over three years will help meet demand for weatherization-related jobs in the state.
After demonstrating successful implementation of its plan, the state will receive an additional $13 million, for a total of more than $26 million.
Nebraska ($16,657,783 awarded today) will use its Recovery Act funds to weatherize 4,000 homes over the next three years. Nebraska will prioritize weatherization for homes occupied by elderly disabled persons, followed by homes occupied by people over 60 years old; younger disabled persons; Native Americans; adults with children under 6 years of age; and other eligible low-income families. The Recovery Act will enable the community action agencies and other non-profits tasked with weatherization activities to hire and train a number of additional workers to handle the increased workload.
After demonstrating successful implementation of its plan, the state will receive an additional $20.8 million, for a total of more than $41 million.
Nevada ($14,912,775 awarded today) will utilize funding from the Recovery Act to perform weatherization services and also implement job training programs for the energy efficiency industry. The Nevada Housing Department will facilitate work at more than 5,500 low-income homes by partnering with community action associations based in Reno, Las Vegas, Henderson, Carson City, and Ely. The Nevada Housing Division will also expand training to approximately 300 individuals to build a skilled workforce for completing the weatherization work. The state intends for the training to provide a tiered or career ladder approach that provides opportunities for optional training that would go toward an associate degree in renewable energy. The state also plans to emphasize homeowner education by providing written explanations about the weatherization measures taken and customer satisfaction surveys.
After demonstrating successful implementation of their plan, the state will receive more than $18.6 million in additional funding, for a total of more than $37 million.
North Carolina ($52,781,814 awarded today) will apply its funding from the Recovery Act to weatherize more than 23,500 single-family and multi-family homes across the state. An expansive network of local government agencies, non-profits, and community action agencies will implement the audits and weatherization services, such as replacing light bulbs with compact fluorescents, improving insulation, installing more efficient appliances, and upgrading homes with smart thermostats. The state will also allocate a percentage of the funding for continuous provider training. All contractors and subcontractors will be required to attend 5 energy efficiency-related courses throughout the first year to ensure high quality weatherization results.
After demonstrating successful implementation of their plan, the state will receive more than $65 million in additional funding, for a total of more than $131 million.
North Dakota ($10,106,532 awarded today) will use its Recovery Act funding to deliver cost-saving efficiency measures to over 3,200 homes, including Native American households living on reservations. The weatherization program will be administered by the Department of Commerce’s Division of Community Service, who will partner with more than 7 community action associations from around the state. The state will also devote resources towards performance monitoring, professional training, and consumer education activities.
After demonstrating successful implementation of its plan, the state will receive an additional $12 million, for a total of more than $25 million.
Ohio ($106,712,564 awarded today) will use its Recovery Act funding to weatherize more than 32,000 homes over the next three years. The OH Office of Community Services (OCS), part of the Ohio Department of Development’s Community Development Division, will work with 35 subgrantees to implement its program across all of Ohio’s 88 counties. OCS will also work to preserve and enhance the state’s long-term capacity to perform weatherization activities. In order to support the program’s economic recovery goals, as contractors are hired, disadvantaged businesses will be offered opportunities to bid on and receive weatherization work. The Ohio Home Weatherization Assistance Program (HWAP) will ensure that green building technologies, such as Leadership in Energy and Environmental Design (LEED) and renewable energy technologies, are incorporated into weatherization activities where possible. HWAP will also strive to leverage weatherization activities with other housing rehabilitation and neighborhood revitalization efforts, such as the Neighborhood Stabilization Program.
After demonstrating successful implementation of its plan, the state will receive an additional $133 million, for a total of more than $266 million.
South Carolina ($23,557,108 awarded today) will use its Recovery Act funding to implement comprehensive weatherization measures for over 6,500 homes in the state, as well as contributing to the creation of six regional energy efficiency job training centers. South Carolina, which expects to have 75 percent of the homes weatherized in two years, will focus on energy audits and weatherization retrofits for single-family, multi-family, and mobile-home units. The weatherization program will spur demand for energy efficiency industry professionals, who will work with the more than 14 public-private partnerships to weatherize homes for families across the state. The state’s six professional training centers will help prepare South Carolina citizens for careers in energy efficiency, Leadership in Energy and Environmental Design certification and the Home Energy Rating System.
After demonstrating successful implementation of its plan, the state will receive an additional $29 million, for a total of more than $58 million.
South Dakota ($9,794,918 awarded today) will weatherize more than 2,300 homes over the next three years with Recovery Act funding. The Weatherization Program Assistants will work with four local community action agencies in Madison, Sisseton, Lake Andes, and Rapid City to execute these programs across the state. State-appointed Program Assistants will facilitate training for the agency staff members, while also ensuring consistency in weatherization practices by standardizing program protocols. The effort will also emphasize consumer education by developing outreach materials such as brochures, posters, flyers, and public service announcements. The outreach will showcase homes that have undergone weatherization measures to demonstrate the cost and environmental benefits of energy efficiency installations. In order to monitor the progress of these efficiency efforts, the Community Action Agencies will visit at least one site per weatherized home.
After demonstrating successful implementation of its plan, the state will receive an additional $12 million, for a total of more than $24 million.
Utah ($15,158,881 awarded today) will use its Recovery Act funding to weatherize more than 4,400 homes, reducing energy use and costs for thousands of families across the state while improving living conditions in the home. Utah has climate extremes with temperatures commonly ranging from less than -30 degrees Fahrenheit to over 100 degrees Fahrenheit. Many of these extreme weather conditions occur in areas less than 100 miles apart. Priority will be given to the elderly, disabled, and households with preschool age children who may spend a majority of their time inside the home. The Utah Division of Housing and Community Development is responsible for administering the Recovery Act weatherization funds. The majority of the Recovery Act funds will be subgranted for implementation to the following local weatherization agencies: the Bear River Association of Governments, the Davis County Aging Services, the Five County Association of Governments, the Housing Authority of Utah County, the Salt Lake Community Action Program, the Six County Association of Governments, the Southeastern Utah Association of Local Governments, and the Uintah Basin Association of Governments.
After demonstrating successful implementation of its plan, the state will receive an additional $18 million, for a total of more than $37 million.
West Virginia ($15,033,550 awarded today) will utilize funding from the American Recovery and Reinvestment Act to implement weatherization services at over 3,500 homes. The West Virginia Weatherization Assistance Program will work with existing community action associations around the state to target low-income communities that have benefited from weatherization programs before as well as reaching previously underserved communities. The program will conduct initial energy audits by using activity priority lists developed with audits of a representative sample of homes. The state will monitor the program’s progress with monthly tracking reports from implementation partners and by developing a tracking database for every region participating in the program. The state will also fund training for Energy Educators who will spend time in the field educating customers about better energy consumption behaviors.
After demonstrating successful implementation of their plan, the state will receive more than $18 million in additional funding, for a total of more than $37 million for the entire program.
June 25, 2009
Obama Administration Awards More than $154 Million for State Energy Programs in Four States
Funding Will Speed Adoption of Efficiency and Renewable Energy Technologies in California, Missouri, New Hampshire and North Carolina
WASHINGTON, DC – U.S. Department of Energy Secretary Steven Chu today announced more than $154 million in Recovery Act funding to support energy efficiency and renewable energy projects in California, Missouri, New Hampshire and North Carolina. Under DOE’s State Energy Program, states have proposed statewide plans that prioritize energy savings, create or retain jobs, increase the use of renewable energy, and reduce greenhouse gas emissions. This initiative is part of the Obama Administration’s national strategy to support job growth, while making a historic down payment on clean energy and conservation.
“This funding will provide an important boost for state economies, help to put Americans back to work and move us toward energy independence," said Secretary Chu. "It reflects our commitment to support innovative state and local strategies to promote energy efficiency and renewable energy while insisting that taxpayer dollars be spent responsibly."
The following states are receiving 40 percent of their total State Energy Program (SEP) funding authorized under the American Recovery and Reinvestment Act today: California, Missouri, New Hampshire and North Carolina.
With today's announcement, these states will now have received 50 percent of their total Recovery Act SEP funding. The initial 10% of total funding was previously available to states to support planning activities; the remaining 50% of funds will be released once states meet reporting, oversight, and accountability milestones required by the Recovery Act.
Under the Recovery Act, DOE expanded the types of activities eligible for State Energy Program funding, which include energy audits, building retrofits, education and training efforts, transportation programs to increase the use of alternative fuels and hybrid vehicles, and new financing mechanisms to promote energy efficiency and renewable energy investments.
The Recovery Act appropriated $3.1 billion to the State Energy Program to help achieve national energy independence goals and promote local economic recovery. States use these grants at the state and local level to create green jobs, address state energy priorities, and adopt emerging renewable energy and energy efficiency technologies.
Transparency and accountability are important priorities for SEP and all Recovery Act projects. Throughout the program’s implementation, DOE will provide strong oversight at the local, state, and national level, while emphasizing with states the need to quickly award funds to help create new jobs and stimulate local economies.
The following states are receiving awards today:
CALIFORNIA - $90.4 million awarded today
California will leverage its program funding to provide a statewide energy efficiency retrofit program and cost effective clean energy systems for residential, commercial, and industrial buildings and facilities. The revenue savings that result from these efficiency measures will provide an ongoing source of revenue to continue implementing additional cost-effective efficiency measures. Additionally, California plans to develop and implement a public education, marketing, and outreach effort to ensure the benefits and value of energy efficiency are well understood.
Also as part of California’s State Energy Program, the California Energy Commission (Energy Commission) is investing $15 million through June 30, 2012, in building a workforce to meet alternative fuel and advanced vehicle technology needs through its Green Jobs Training Program. The Energy Commission will expand on this plan and will leverage existing partnerships with $20 million in Recovery Act funding to create a more extensive green workforce focused on energy efficiency and clean energy sources, including wind and solar energy.
After demonstrating successful implementation of its plan, the state will receive more than $113 million in additional funding, for a total of $226 million for the entire program.
MISSOURI - $22.9 million awarded today
With SEP funding, Missouri will expand its existing Energy Center program, which includes a variety of home efficiency programs, building energy codes, and education and training initiatives. The funding will go toward encouraging Missourians to reduce their energy consumption by increasing the energy efficiency of their homes, industrial facilities, agricultural operations, transportation, schools and local governments. Under the program, the state will focus on finding energy efficiency opportunities in its five most energy-intensive industrial/manufacturing categories: aluminum, chemicals, food products, metal casting, and forest products including paper. These energy-intensive industries will be examined to determine specific, targeted activities to increase energy efficiency. The state intends to increase industrial and manufacturing energy efficiency through a multi-faceted program that may include energy audits, rebates and low-interest loans, workshops and development of a web-based audit tool.
The Energy Center will also play a key role in providing training to ensure a workforce capable of assessing and deploying energy efficiency technologies.
After demonstrating successful implementation of its plan, the state will receive more than $28.6 million in additional funding, for a total of more than $57 million.
NEW HAMPSHIRE - $10.3 million awarded today
New Hampshire will implement several energy efficiency and renewable energy initiatives with funding from the Recovery Act. New Hampshire plans to include programs that will increase building efficiency for businesses, commercial enterprises, institutions and non-profits through building codes and competitive loan and grant programs. The state will provide technical and financial assistance to these businesses and institutions as they seek to reduce their energy use and costs through a variety of measures, including more energy efficient processes. The New Hampshire SEP will also support energy efficiency upgrades to 75 state-owned buildings and 13 college and university campuses, saving taxpayers money and reducing energy use across the state.
After demonstrating successful implementation of its plan, the state will receive more than $12 million in additional funding, for a total of more than $25.8 million.
NORTH CAROLINA - $30.4 million awarded today
North Carolina will establish several programs to increase renewable energy projects and energy efficiency in government, commercial, and residential buildings under its State Energy Program. The North Carolina SEP will use Recovery Act funding to establish revolving loan programs, competitive grant programs, and education and training programs designed to spur investment in energy efficiency and renewable energy technologies. A new revolving loan fund will be created to provide no- and low-interest loans to businesses, nonprofit organizations, local and state governments, and schools and universities, along with competitive grants that will be available to businesses and organizations with innovative clean energy projects.
The state will also develop a multi-level training and workforce program through its community college and university systems to meet the needs of an emerging green economy. This education and training will focus on energy efficiency and clean energy technologies and will provide participants with skills to solve energy problems, reduce energy usage, save energy costs, and access state and federal funding opportunities.
After demonstrating successful implementation of its plan, the state will receive $38 million in additional funding, for a total of $76 million.
June 24, 2009
Obama Administration Awards More than $204 Million for State Energy Programs in 10 States
Funding Will Speed Adoption of Efficiency and Renewable Energy Technologies
WASHINGTON, DC – U.S. Department of Energy Secretary Steven Chu today announced more than $204 million in Recovery Act funding to support energy efficiency and renewable energy projects in ten states. Under DOE’s State Energy Program, states have proposed statewide plans that prioritize energy savings, create or retain jobs, increase the use of renewable energy, and reduce greenhouse gas emissions. This initiative is part of the Obama Administration’s national strategy to support job growth, while making a historic down payment on clean energy and conservation.
“This funding will provide an important boost for state economies, help to put Americans back to work and move us toward energy independence," said Secretary Chu. "It reflects our commitment to support innovative state and local strategies to promote energy efficiency and renewable energy while insisting that taxpayer dollars be spent responsibly."
The following states are receiving 40 percent of their total State Energy Program (SEP) funding authorized under the American Recovery and Reinvestment Act: Arizona, Connecticut, Florida, Idaho, Kansas, Minnesota, South Carolina, South Dakota, Utah, and Washington.
With today's announcement, these states will now have received 50 percent of their total Recovery Act SEP funding. The initial 10% of total funding was previously available to states to support planning activities; the remaining 50% of funds will be released once states meet reporting, oversight, and accountability milestones required by the Recovery Act.
Under the Recovery Act, DOE expanded the types of activities eligible for State Energy Program funding, which include energy audits, building retrofits, education and training efforts, transportation programs to increase the use of alternative fuels and hybrid vehicles, and new financing mechanisms to promote energy efficiency and renewable energy investments.
The Recovery Act appropriated $3.1 billion to the State Energy Program to help achieve national energy independence goals and promote local economic recovery. States use these grants at the state and local level to create green jobs, address state energy priorities, and adopt emerging renewable energy and energy efficiency technologies.
Transparency and accountability are important priorities for SEP and all Recovery Act projects. Throughout the program’s implementation, DOE will provide strong oversight at the local, state, and national level, while emphasizing with states the need to quickly award funds to help create new jobs and stimulate local economies.
The following states are receiving awards today:
ARIZONA - $22.2 million awarded today
Arizona will use its State Energy Program funding for a series of innovative programs aimed at advancing energy efficiency and renewable energy investments statewide, while supporting renewable energy manufacturers and products made in the state. Arizona will establish a revolving loan program in order to provide a sustainable financing mechanism for small business owners who are looking to fund energy efficient building improvements or install solar projects at their facilities. The state will offer revolving loan funds for energy efficiency and renewable energy projects in commercial buildings, along with loans to manufacturers of renewable energy or energy efficiency equipment and technologies.
After demonstrating successful implementation of its plan, the state will receive an additional $27 million, for a total of $55 million.
CONNECTICUT - $15.4 million awarded today
Connecticut will use its SEP funding to create or protect jobs and save energy with several projects, including in-home energy audits and the deployment of a variety of technologies, such as alternative-fuel vehicles. In one project, Recovery Act funds will enable more residents to take advantage of inexpensive in-home energy audits designed to reduce energy bills and encourage energy efficiency. For each home, a specialist will perform an energy assessment, find and professionally seal critical leaks and drafts, replace incandescent bulbs with compact fluorescent lamps, provide and install water conservation devices, and check insulation and appliances.
The state will also use funding to support four Clean Cities coalitions – Greater New Haven, Clean Cities of Southwestern Connecticut, Norwich Clean Cities and Capital Clean Cities – to support their efforts to facilitate the adoption of alternate fuels and petroleum-reducing technologies in Connecticut.
After demonstrating successful implementation of its plan, the state will receive an additional $19 million, for a total of $38 million.
FLORIDA - $50.4 million awarded today
With its Recovery Act SEP funding, Florida will advance energy efficiency efforts and encourage the production, availability and use of renewable energy and alternative fuels. Under the program Florida will create several loan and grant programs to promote investment and commercialization of various energy efficiency and renewable energy technologies.
After demonstrating successful implementation of its plan, the state will receive an additional $63 million, for a total of $126 million.
IDAHO - $11.4 million awarded today
Idaho will utilize Recovery Act SEP funding to launch a set of programs, including a Renewable Energy Business Development Program, that will help increase the use of renewable energy while creating new jobs and stimulating the state’s economy. Two initiatives encourage state schools to reduce energy costs by adopting renewable energy and energy efficiency projects. Other initiatives seek to stimulate the state’s economy by creating new zoning regulations in order to attract renewable energy developers to build new projects.
After demonstrating successful implementation of its plan, the state will receive more than $14 million in additional funding, for a total of more than $28 million.
KANSAS - $15.3 million awarded today
Kansas will distribute its SEP funding to several initiatives that will benefit overall efficiency for commercial buildings, increase financial options for investing in renewable energy, and increase costs savings for individual home owners across the state. The funding will also be applied to developing a robust work force of energy auditors. A portion of the funding will go toward developing a new utility rate pricing plan as well as an energy audit rebate plan for home and small-business owners. To improve the quality and breadth of the energy auditor industry in the state, Kansas will subsidize costly technical audit equipment and also provide scholarships for additional professional training.
After demonstrating successful implementation of its plan, the state will receive more than $19 million in additional funding, for a total of more than $38 million.
MINNESOTA - $21.7 million awarded today
Minnesota will put its Recovery Act funds to use improving energy efficiency in residential, commercial and government buildings, as well as increasing the amount of renewable energy produced in state. Minnesota will award grants to small, medium, and large businesses to help provide for the design, financing and installation of various energy efficiency improvements and retrofits. The state will also administer grants to work with utilities to develop programs that leverage Recovery Act funds to promote energy efficiency with customers, such as low-interest loans and grants.
Minnesota is also prioritizing community outreach and trainings for energy professionals to ensure broad participation in its SEP programs. For example, the State Energy Information Center will organize Clean Energy Resource Teams comprised of local organizations and citizens to perform outreach and communications about the programs.
After demonstrating successful implementation of its plan, the state will receive more than $27 million in additional funding, for a total of more than $54 million.
SOUTH CAROLINA - $20.2 million awarded today
South Carolina will use its Recovery Act SEP funding to provide grants and loans to improve energy efficiency in public school districts, public colleges and universities, and state agencies to reduce the burden of energy bills for taxpayers, while creating jobs and reducing greenhouse gas emissions. South Carolina also intends to provide financial assistance to various industrial, commercial and small business entities to support energy efficiency and renewable energy projects. This financial assistance, along with education and training programs included in the SEP, will help create clean energy jobs in the state and make business and industry more economically stable.
After demonstrating successful implementation of its plan, the state will receive more than $25 million in additional funding, for a total of over $50 million.
SOUTH DAKOTA - $9.5 million awarded today
South Dakota will use its SEP funding to support the Energy Efficient Government program and to provide revolving energy loans to state institutions. The programs will promote energy efficiency efforts while reducing energy costs in state owned buildings, which will directly benefit state residents. The state’s energy office will administer the funds, provide technical guidance, and assure accountability and transparency for the state institutions who apply for the two programs. These programs coordinate with South Dakota’s energy goals to promote and encourage energy conservation, energy efficiency, renewable energy and alternative fuels.
After demonstrating successful implementation of its plan, the state will receive more than $11 million in additional funding, for a total of more than $23 million.
UTAH - $14.1 million awarded today
Utah will utilize Recovery Act funds to improve energy efficiency in residential, commercial, public education, and government buildings. The state will provide financial incentives to low-income housing developments and commercial and government buildings that perform energy efficiency upgrades. For instance, low income housing units will qualify for free insulation upgrades and builders working on new construction developments will qualify for rebates if they build high performance buildings.
Utah will also use funding to collect more accurate data about the potential renewable energy resources in the state that can then be used to identify potential Renewable Energy Zones.
After demonstrating successful implementation of its plan, the state will receive more than $17 million in additional funding, for a total of more than $35 million.
WASHINGTON STATE - $24.3 million awarded today
Washington will use Recovery Act funding to implement two major programs: the Community-Wide Urban Residential and Commercial Energy Efficiency Program and the Energy Efficiency and Renewable Energy Loans and Grants Program Fund. These two programs, along with several more to develop clean energy policy and promote energy assessments in the agricultural sector, will result in significant job creation and energy savings across the state. The Community-Wide Urban Residential and Commercial Energy Efficiency Program will enhance financial and technical assistance programs by directing municipal, state, and federal funds, as well as electric and gas utility funding, toward greater energy efficiency improvements and home weatherization efforts.
After demonstrating successful implementation of its plan, the state will receive more than $30 million in additional funding, for a total of over $60 million.
June 26, 2009
Obama Administration Delivers More than $304 Million for Weatherization Programs in Georgia, Illinois and New York
Recovery Act funding to expand weatherization assistance programs, create jobs and weatherize more than 85,000 homes
WASHINGTON, DC -- U.S. Department of Energy Secretary Steven Chu today announced that the Department of Energy is providing more than $304 million in Recovery Act funding to expand weatherization assistance programs in Georgia, Illinois and New York. These funds, along with additional funds to be disbursed after the states meet certain Recovery Act milestones, will help these states achieve their goal of weatherizing more than 85,000 homes, lowering energy costs for low-income families that need it, reducing greenhouse gas emissions, and creating green jobs across the country.
Georgia, Illinois and New York will receive 40 percent of their total weatherization funding authorized under the American Recovery and Reinvestment Act today. This installment adds to the initial 10 percent of the states’ funding allocations that were awarded previously for training and ramp-up activities. Under the Recovery Act, the states may spend up to 20 percent of the funds to hire and train workers.
“These awards demonstrate the Obama Administration’s strong commitment to moving quickly as part of the country’s economic recovery -- creating jobs and doing important work for the American people -- while ensuring that taxpayer dollars are spent responsibly," said Secretary Chu. "Today’s investments will save money for hard working families, reduce pollution, strengthen local economies, and help move America toward a clean energy future.”
DOE’s Weatherization Assistance Program will be available to families making up to 200 percent of the federal poverty level – or about $44,000 a year for a family of four. Weatherization projects allow low-income families to save money by making their homes more energy efficient, which results in average savings of 32 percent for heating bills and savings of hundreds of dollars per year on overall energy bills. States will spend an average of $6,500 to weatherize each home.
The funding allocations for the Weatherization Assistance Program follow a stage-gate process: on March 12 funding allocations by state were announced and the initial 10 percent of total funding was available to states and territories to support planning and ramp-up activities; comprehensive state applications were due on May 12; following a DOE reviews for each state, 40 percent allocations are awarded; and the remaining 50% of funds will be released when states meet reporting, oversight, and accountability milestones required by the Recovery Act.
The Recovery Act includes a strong commitment to oversight and accountability, while emphasizing the necessity of rapidly awarding funds to help create new jobs and stimulate local economies.
The three states receiving funds today submitted aggressive and innovative plans to expand their weatherization programs:
GEORGIA - $49,902,524 awarded today
Georgia will use its Recovery Act funds to weatherize more than 13,600 homes over the next three years. The Georgia Environmental Facilities Authority, which manages the weatherization program in the state, intends to leverage Recovery Act funds in partnership with the Georgia Power Company to weatherize 500 additional homes. The state is giving priority to weatherizing homes occupied by elderly residents and elderly residents with disabilities, and expects at least half of all weatherized homes will go to these high-need residents.
After demonstrating successful implementation of its plan, the state will receive an additional $62 million, for a total of nearly $125 million.
ILLINOIS - $97,010,647 awarded today
Illinois will use its Recovery Act funding to weatherize nearly 27,000 homes over the next three years, reducing energy consumption and our dependence on fossil fuels, while creating jobs locally. The funding will help expand the Illinois Home Weatherization Assistance Program, which is administered by the Department of Commerce and Economic Opportunity (DCEO). The state will then provide subgrants to 35 existing local agencies with demonstrated effectiveness in implementing energy audits and home weatherization programs. Every housing unit that receives weatherization assistance will also receive a final inspection to ensure that the work was completed properly. In addition, DCEO will conduct random checks on subgrantee assessments and final inspections.
Under the Illinois plan, each of the 35 local subgrantees will receive funding to hire and train new employees or contractors. DCEO is also using Recovery Act funding to add 12 rounds to their existing training and certification program, and is working with the Illinois Community College Board to set up mandatory contractor training and certification. These efforts will ensure the necessary workforce to carry out weatherization assistance throughout Illinois.
After demonstrating successful implementation of its plan, the state will receive over $121 million in additional funding, for a total of more than $242.5 million.
NEW YORK - $157,874,605 awarded today
New York will use its Recovery Act funding to weatherize more than 45,000 homes over the next three years. The state Department of Housing and Community Renewal (DHCR) intends to maximize state Recovery Act funding by coordinating its weatherization program with other state agencies to improve benefits for low-income clients. Subgrantees in the state are encouraged to access other federal and state housing funds that can be used along with weatherization funds to provide comprehensive weatherization services, as well as additional repair and rehabilitation work. The state is also encouraging weatherization assistance services to be combined with non-federal sources, such as utilities, the American Red Cross, and others, to provide more complete energy-related services to low-income clients.
After demonstrating successful implementation of its plan, the state will receive an additional $197 million, for a total of more than $394 million.