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1 Rebuild Hawaii Consortium – 3/5/2012 Peter Ashley DOE / EERE Presentation

2 The American Recovery and Reinvestment Act of 2009 On Feb. 13, 2009, Congress passed the American Recovery and Reinvestment Act of 2009 at the urging of President Obama, who signed it into law four days later. A direct response to the economic crisis, the Recovery Act has three immediate goals: Create new jobs and save existing ones Spur economic activity and invest in long-term growth Foster unprecedented levels of accountability and transparency in government spending The Recovery Act intended to achieve those goals by providing $787 billion in: Tax cuts and benefits for millions of working families and businesses Funding for entitlement programs, such as unemployment benefits Funding for federal contracts, grants and loans Funding

3 Energy Efficiency Building Technologies - $120.84 million Federal Energy Management - $21.73 million Industrial Technologies - $207.12 million State and Local Energy Programs - $6.35 billion Weatherization Assistance - $4.98 billion Vehicle Technologies - $2.79 billion Small Business Clean Energy Innovation - $20.3 million Renewable Energy Crosscutting Energy Projects - $21.23 million Biomass - $698.03 million Geothermal - $368.24 million Fuel Cells - $41.55 million Solar Energy - $116.85 million Water Power - $30.63 million Wind Energy - $118.44 million ARRA Funding – EERE Programs

4 Administration Goals “… I will not walk away from the promise of clean energy. I will not walk away from workers … I will not cede the wind or solar or battery industry … It’s time … to double down on a clean energy industry that has never been more promising.” - President Obama, State of the Union, 24 January 2012

5 Administration Goals Transport Reduce oil imports by 1/3 by 2025. Put 1 million electric vehicles on the road by 2015. Buildings and Manufacturing Make non-residential buildings 20 percent more energy-efficient by 2020. Clean Generation By 2035, generate 80 percent of electricity from a diverse set of clean energy sources. Environmental Cut GHG emissions in the range of 17 percent below 2005 levels by 2020, and 83 percent by 2050. Security: Advance domestic energy resources. Diverse supplies. Environment: Achieve 80 percent reduction in Greenhouse Gas Emissions. Improve water and air quality (indoor and outdoor). Economy: Low cost energy services. Competitiveness. Clean energy business opportunities. Clean energy jobs

6 EERE Budget Trends: FY 2004- 2013

7 EERE Budget Summary

8 Availability Most Federal government grants can be found on; this is a clearing house for Federally funded grants. Grant application process and timelines can be found here. The U.S. Department of Energy’s website is a great tool that provides up to date information on a host of areas, such as funding opportunities, taxes rebates, and loan programs.

9 Questions? GIF GIF Consortiu

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